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MMBTtrader
Mar 7, 2021 5:24 PM

BTCUSD is completing Elliott impulse wave (12345) and soon (ABC)Β 

Bitcoin / TetherUSBinance

Description

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As we can see Bitcoin is completing Elliott wave and we are still looking for bullish market and continuation to and important zone that is our target too ,zone looking for :
66000---68000 that is 0.27 % of Fibonacci level too

and its best place for looking end of this Elliott pattern and then from that area new Fibonacci retracement set and show us the corrections on the way after reaching target .

Attention:
Blue path : there is a blue unclear path that taken too why?
beacuse if resistance over here don't break then we will look for short positions like the path in upcoming analysis .
here is an previous analysis :



<<Traders comment below and let me know your opinion about this analysis even simple ((agree)),((not sure))>>
<<press likeπŸ‘ if you enjoyπŸ’š>>

Trade closed: target reached

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first target that was previous high touch and updates are showing you paths ahead
Comments
Guapeva
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yes, Elliot is very useful!
MMBTtrader
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@Guapeva, totally agree and thanks
TMRFALI
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38 for sure
MMBTtrader
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@TMRFALI, don't think so
srcnbtc
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Great work, thanks
MMBTtrader
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@sergeantbtc, most welcome
btc2600
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This market is making me nervous. I wonder if we going to follow that down pattern on your chart
MMBTtrader
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@btc2600, we ll soon find what will happen
zysasm
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Analysis looks promising
MMBTtrader
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@zysasm, thanks
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