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qualified2bnaughty
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On the way to 62k - Leg 3 of the Elliott wave
BTCUSDT
, DLong
BTCUSDT: On the way to 62k - Leg 3 of the Elliott wave

Oh boy, how wrong was I with my last bottom forecast? It went down another 7k roughly. I should have known it considering that I have seen that before, especially at the March correction. (yellow ellipsis). Anyway, we have now a new support line and the old support could be new resistance (dashed line). In this case, we will bounce off around 62k. If it breaks we...

On the way to 66k - 3rd leg of the Elliott wave
BTCUSDT
, DLong
BTCUSDT: On the way to 66k - 3rd leg of the Elliott wave

Yesterday we reached the bottom of the 2nd leg of the Elliott wave. We broke through the old support (grey dotted line) 2 days ago. We now have a new support and we are on the way to reach the top of the 3rd leg which might be around 66 - 67k or even higher.

The new Wave begins
BTCUSDT
, DShort
BTCUSDT: The new Wave begins

The new Elliot wave begins

Few days in - following the Elliot ABC
BTCUSDT
, DShort
BTCUSDT: Few days in - following the Elliot ABC

The trend follows the last leg of the Elliot correction pattern.

Last leg of the Elliot ABC
BTCUSDT
, D
BTCUSDT: Last leg of the Elliot ABC

We are on the last leg of the Elliot ABC after completing the Elliot Impulse Wave

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