Hello, community!
Today it's time for BTCUSDT update because situation has changed a little bit. If earlier we expected the dump to $24500 and then pump to 29K , now Elliott waves analysis is showing us that situation became worse.
It looks like BTC now is in wave 2 of the wave 3 higher degree. Wave 1 inside wave 3 has the clear 5 waves structure and the current sideways looks like a corrective wave 2. This wave has the target at 0.61 Fibonacci level, approximately at $27k.
Next move is gonna be too impulsive. 1.61 Fibonacci extension printed the $22500 as the next target, so it's gonna be the huge short.
Best regards, Skyrex team
__________________________________________________________
🔥Please, follow us and smash the rocket🚀 button to support us🔥
Today it's time for BTCUSDT update because situation has changed a little bit. If earlier we expected the dump to $24500 and then pump to 29K , now Elliott waves analysis is showing us that situation became worse.
It looks like BTC now is in wave 2 of the wave 3 higher degree. Wave 1 inside wave 3 has the clear 5 waves structure and the current sideways looks like a corrective wave 2. This wave has the target at 0.61 Fibonacci level, approximately at $27k.
Next move is gonna be too impulsive. 1.61 Fibonacci extension printed the $22500 as the next target, so it's gonna be the huge short.
Best regards, Skyrex team
__________________________________________________________
🔥Please, follow us and smash the rocket🚀 button to support us🔥
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Access free SmartTrade terminal and automated AI bot at app.skyrex.io