price is trading at all time high. it has found support at yellow trend line tested three times
we have two Elliott wave count here
1st - it is abc correction wave with leading diagonal in wave A, which conclude we are on the top
2nd - it 135 impulsive wave with 1st making leading diagonal and 3rd wave extended wave, which conclude price will making upside thrust movement and it will much higher high before reversal
support
yellow trend line , ( breakout confirm trend reversal )
resistance
2645 ( breakout of this resistance will confirm it is 135 impulsive wave not the abc corrective wave )
confirmation level for trend reversal (seller)
the horizontal green support near 2000 psychological level is support, on breakout will confirm it is abc corrective wave price has made top
(since btc has already made a top)
we have two Elliott wave count here
1st - it is abc correction wave with leading diagonal in wave A, which conclude we are on the top
2nd - it 135 impulsive wave with 1st making leading diagonal and 3rd wave extended wave, which conclude price will making upside thrust movement and it will much higher high before reversal
support
yellow trend line , ( breakout confirm trend reversal )
resistance
2645 ( breakout of this resistance will confirm it is 135 impulsive wave not the abc corrective wave )
confirmation level for trend reversal (seller)
the horizontal green support near 2000 psychological level is support, on breakout will confirm it is abc corrective wave price has made top
(since btc has already made a top)
