This is the structure that I expect to play out in bitcoin. Its not about the prices, its just about the structure.
If BTC pulls back further we could see the 50 dollar cent support line being tested. For now 65 seems to hold. Maybe a buy order near 50 dollar cent could come in handy. Not financial advice.
I am expecting the 204 level to act as a support in this structure. Let's wait and find out.
My 2 cents on the Total chart. Not very experienced in Elliot waves, give me feedback if you think something isn't correct.
This is the third confirmation of the 170 level in 6 days. We should be good to go from here. Lets see some green candles.
Let's ride this channel up to 70k. No trading advice, just my 2 cents.
