mflash123

BTC Elliot wave updates

Short
mflash123 Updated   
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Hey guys!

In one day the price falls and pullback, It looks like we have WXY Correction.
I made some pics of my expectations.

If price rises 37700 - It is not Short.
But for now, it looks like Short, because we are in Zig-Zag scheme. (W->X wave)


Comment:
Point X:
Price fall to 31k (update local lower price)
Target around 28680 (Low price on 19th of May)

Point Y: (4th wave finished)
Higher 38500+

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.