BTCUSD: Elliott Waves Intraday Trading
Hi everyone
I have edited the medium-term of wave levels in accordance with the current realities of price dynamics.
It is likely that the price has completed the downward momentum within wave C of wave B in the flat correction model.
At the moment, wave 1 (waves C in wave 4) has formed in the form of a wedge pattern, breaking through the high of which will lead to a bullish rally.
As a result, the bullish rally could end between $25,000 and $29,000.
I will be open a long position on a local correction, and also increase the volume of the position when the top of the wedge is broken.
Best Regards,
CEO Tornado Capital
I have edited the medium-term of wave levels in accordance with the current realities of price dynamics.
It is likely that the price has completed the downward momentum within wave C of wave B in the flat correction model.
At the moment, wave 1 (waves C in wave 4) has formed in the form of a wedge pattern, breaking through the high of which will lead to a bullish rally.
As a result, the bullish rally could end between $25,000 and $29,000.
I will be open a long position on a local correction, and also increase the volume of the position when the top of the wedge is broken.
Best Regards,
CEO Tornado Capital
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