Bitcoin / US Dollar Perpetual Inverse Swap ContractBitMEX
Description
⋅
Hello everyone, tonight we saw the bitcoin's fieric movement, but I assure you it is not the last; this is only the beginning of a large rally.
I decided to look at the Bitcoin chart using Elliott Wave Analysis. You can read about the Elliott Wave Theory in the link below.
But what I want to notice is a wave of 2-3 in theory is always the strongest, most impulsive, which breaks all the lines of resistance. This is what we saw now we see a potential pull back corrective wave 3-4; it should not be below the maximum wave 0-1. It should be about the same as wave 1-2.
After that the continuation of the upward movement and in June we should see 9k
link
There may be a lot of talk about the interpretation of this theory, so I will see all your thoughts in the comments
Chart number 2 since previous chart came to be too
Long on BTC now, short it https://after.https://www.tradingview.com/chart/BTCUSDT/w3QG1crK-Bitcoin-price-levels-Attempts-for-new-highs-and-liquidations/
Regards and happy trading
thitganuong
⋅
you are wrong in Elliot knowledge... this is the basic.
D4rkEnergY
⋅
Incoming Bitcoin Bull Market - Look here!
Orca-Whale
⋅
Miracle Analysis
Posted on Dec 5, 2018
All that I said
Already happened , Take a look and do not forget our support
PRESS PLAY on the chart: I caught the exact bottom.