BTCUSD is like looking in the mirror

As I projected my recent Elliot waves I was struck by how similar the next ascent will be to the descent from the all time high. BTCUSD will be forming a mirror image of the all time high correction if my waves prove accurate.

This should not necessarily be surprising as the all time high correction established various levels of strong support and resistance that are likely to still stand.

تعليق:

Well that was unexpected, and yet the recent plunge perhaps due to the binance fud or perhaps due to stops being triggered once we dipped below the blue resistance line has magically created the mirror of the spike on the other side of the yellow line!

The mirror image continues to be drawn....