1D Elliott analysis of btc
Hello to all,
In my opinion, there are 2 scenarios that can happen. The first scenario is that wave C is now completed and we are ready for a jump upwards (although, it may test the support before it starts to grow up). In the second scenario, we may need some more drop to complete wave C which I mentioned in the chart; and this is, in my opinion, the last drop that can happen to bitcoin before we start experiencing a very interesting uptrend. Either way, both scenarios are suggesting a good future for btc. At least for a while.
have fun trading
(PS, this is my first publication here, so my apologies for any misunderstanding that may occur. hope you find this helpful.)
Needless to say, this is only my own idea and is not a financial advice.
In my opinion, there are 2 scenarios that can happen. The first scenario is that wave C is now completed and we are ready for a jump upwards (although, it may test the support before it starts to grow up). In the second scenario, we may need some more drop to complete wave C which I mentioned in the chart; and this is, in my opinion, the last drop that can happen to bitcoin before we start experiencing a very interesting uptrend. Either way, both scenarios are suggesting a good future for btc. At least for a while.
have fun trading
(PS, this is my first publication here, so my apologies for any misunderstanding that may occur. hope you find this helpful.)
Needless to say, this is only my own idea and is not a financial advice.
إخلاء المسؤولية
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.
إخلاء المسؤولية
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.