saeed-R7

saeed-R7

I think there's still room for downward pressure. The yellow trend line can act as resistance in my idea.

saeed-R7 Updated 

I'm still positive btc can go higher at this time. Although let's take the Red horizontal line into account. I believe if btc can stay above around 52800, then it would be a great time for bulls.

saeed-R7

Elliott waves are forming nicely as I see them. Now we are in 4th correction wave. if it continues as it is, I'm expecting it to go up until 77000ish. let's see what's gonna happen.

saeed-R7

The Elliott wave shows a strong sign of reversal (correction). The yellow support line is very important. If it can resist the downward pressure, then we can expect another pump up. if not, the only way is down.

saeed-R7

BTC is not showing me a good sign. I'm waiting for the 5th wave to get completed. then, I'll be going short with the correction waves. I'd be more careful. Just saying...

saeed-R7

Hello to all, In my opinion, there are 2 scenarios that can happen. The first scenario is that wave C is now completed and we are ready for a jump upwards (although, it may test the support before it starts to grow up). In the second scenario, we may need some more drop to complete wave C which I mentioned in the chart; and this is, in my opinion, the last drop...