Hi,
Update of Bitcoin EUR Eagle perspective, and where btc can correct to. It is a possibility, that the impulse going on right now is a Bull Trap.
Based on this Elliot Wave count, we can go all the way down to 4700 euro and 2800 euro and then start the overall uptrend.
The 50 EMA is just about to cross over the 200 EMA, and are called a Death Cross, and signals a further downtrend.
This is my view, and are not to be taken in any other way than educational and personal opinion (not financial/buy/sell advice)
Update of Bitcoin EUR Eagle perspective, and where btc can correct to. It is a possibility, that the impulse going on right now is a Bull Trap.
Based on this Elliot Wave count, we can go all the way down to 4700 euro and 2800 euro and then start the overall uptrend.
The 50 EMA is just about to cross over the 200 EMA, and are called a Death Cross, and signals a further downtrend.
This is my view, and are not to be taken in any other way than educational and personal opinion (not financial/buy/sell advice)