Hi traders, follow and comment if the analysis is useful for you.
From March 2020 crypto market is leaving a really good season and the uptrend seems bringing the prices toward new ATH.
If we accept to use Elliott waves we can imagine price will retrace as soon as reached FIB 23,6 around 570.
Retracement could be deep enough to retest supports and resistance around threshold 400 before pumping up again preparing community to an hyped 2021.
Let's see.
From March 2020 crypto market is leaving a really good season and the uptrend seems bringing the prices toward new ATH.
If we accept to use Elliott waves we can imagine price will retrace as soon as reached FIB 23,6 around 570.
Retracement could be deep enough to retest supports and resistance around threshold 400 before pumping up again preparing community to an hyped 2021.
Let's see.