Hello !
Elliott waves say to us, we are in wave "2-3".
Considering the formation of the Zigzag correction and approaching 61.8% Fibonacci support at 1.086 level, we can expect a reversal and the start of a new bullish rally in the weekly time frame.
The uptrend could advance to 1.41 level at 1.618% Fibonacci resistance.
Good Luck
Hello !
After the end of the long-term triple combo correction in the form of the Big wave 4, the Big wave 5 seems to have begun.
At the moment it is dealing with the break of resistance of $ 1531. After that break I expect pullback at this level and then growth up to the $ 1920 range in the previous pivot.
Good Luck
Hello !
We seem to have reached the end of the triangular correction of Wave 2 of the Big Wave 5 and Fibonacci confirms.
We expect the start of the new upward rally in Wave 3 of Wave 5 with a goal of $ 2600 to $ 3600.
Indicators also show us the appropriate range for entry.
Entry is in the range of $ 9000 to $ 9300 without risk.
Good Luck.
The bitcoin approaches the end of the wave of 1 Elliot, then we will fix it up to 50% Fibonacci at $ 6,500, and then expect strong growth at the 3rd and 5th waves to reach the $ 40,000 goal by mid-2020.
