Just an experience. Don't pay much attention to Elliot Waves, but decided to have a try. The bearish signs and the decrease in volume , make me think BTC -2.84% will go down, but i hope I'm wrong!
#BTC $BTCUSDT
#BTC $BTCUSDT
Comment:
Spike in bull volume. Let's see if this proves my "going down" theory wrong. I'd love to see btc break this resistance and go up!
Comment:
My descending path was a bit off, but the general direction seems to be playing out.
Updated chart image
Updated chart image
Comment:
Checking for oversold indicators on RSI and reversal on MACD. Next run will prob get to get to around 11k
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Hit 11k and slowly started to decline.
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I've adjusted the descending path on the EW, but the general idea remains the same.
Market has been showing low volume.
Sideways price action expected.
Bouncing between 10.2k, 10.5k, 10.8k and 11k.
Market has been showing low volume.
Sideways price action expected.
Bouncing between 10.2k, 10.5k, 10.8k and 11k.
Comment:
looks like we'll see <10k today
