Still looks corrective with overlapping waves. Missing that 5th wave down. Big decline along with BTC look probable imo.
I wouldn't buy here. Overbought on the weekly. Still needs to come down and test support imo.
Here's is my potential elliot wave count for BTC. Let me know your ideas.
Bitcoin still looks corrective.Wave 5 at play in my opion. Weekly momentum is bearish. No ATH until at least summer time 2024.
XDB looks corrective and is overbought on the weekly. Wave C looks weak so im expecting further downside.
Potential bottom forming on XCAD NETWORK. Probabilities and never certanities.
Primary wave 2 at play. Trade carefully. Bottom not confirmed yet.
Elliot wave is playing out perfectly so far! KDA is now ready for the 5th wave. I'm BULLISH! Are you?...
