measuring the thrust of the triangle we can project an upside target for the bitcoin at 72000 levels for the medium term
Once the Wave-E ends, we can see an upside thrust for wave-5
subscribe to wolfanalyst where I explain how to identify and project future prices for any financial instrument using the elliott wave principle
Please Subscribe to learn elliott...
Seems like the 4th wave correction is will complete at the levels 227-229 got the move above 239
Entry Levels: 227-229
Strict SL: 223.3
Take Profit : 239
Also there is a high probability of 5th wave getting extended as the wave 3 is not more than 1.618 times that of wave 1.
Nifty will correct the recent steep fall and go back to 9600 levels and then the sell off might continue target ranging from 6800-7200. Don't be in a hurry to sell... wait for the correction to complete.