UnknownUnicorn1920508

Just analysed what bitcoin are really doing!

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Serious im not kidding, im thinking of bitcoin building up some history now. As you can see the chart we have the ABC movement with no really serious waves. as you can see if i put in the waves counted by elliot wave principle i found out that bitcoin made wave 1 and 2 now. Wave 2 is correction wave down to fibb .618 which is normal. after wave 2 you have wave three which reach up to 1.618 of wave 1. wave 3 is an impulsive wave up. now i have my A-E count and if we breach the upp resistance line im really serious about this wave count i think it could explode up.
aslo check the stochrsi ready to move long term up.

Please like and support by follow me.

NOT AN INVESTING ADVICE, GOOD LUCK.
Comment:
im thinking of bitcoin has buildt up some history now. which means that we found some lvls of resistance now and the trend can start following some wave rules by EW
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.