Seems to me (though I am learning) that we are in the first corrective wave of a larger wave. I think we will bounce off of $10,200 and then work our way towards 15k. Its possible we reached the peak of the channel and seen a pivot into a new pattern though I am feeling short term bearish and remain long term bullish
ملاحظة
Noticed wave ratio's that say wave 2 falls to 50-62% of wave one which would put it around $8-10K so my bounce target seems high. Just learning and sharing idea's.
ملاحظة
Perhaps just above 10k will be the end of corrective wave A. I need to read more about Elliot Waves
ملاحظة
Looking for an entry
ملاحظة
Possible end of correction wave. Should know soon. Still could be bearish as descent was steep
ملاحظة
Seems the correction wave ended and we are seeing a tight channel for now.
ملاحظة
Nailed the bounce by $50. If this is the start of a larger wave 3 then I can see BTC pushing for a new ATH on this wave. Pretty sure the correction wave is over and we are ascending a larger wave 3.
ملاحظة
Lets see where this takes us. Staying bullish
ملاحظة
Ascending nicely. Trying to plan a profit point
ملاحظة
Wild guess for BTC. Testing thoughts on Wolfe waves
ملاحظة
Its possible (im still learning) that we are still in the corrective wave. My guess is that it will end at about $9500 and 10-11pm UST before ascending again
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.