Bitcoin / TetherUSتم تحديثه

BTCUSDT Elliot Waves theory experience

Just an experience. Don't pay much attention to Elliot Waves, but decided to have a try. The bearish signs and the decrease in volume , make me think BTC -2.84% will go down, but i hope I'm wrong!

#BTC BTCUSDT
ملاحظة
Spike in bull volume. Let's see if this proves my "going down" theory wrong. I'd love to see btc break this resistance and go up!

لقطة
ملاحظة
My descending path was a bit off, but the general direction seems to be playing out.
Updated chart image
لقطة
ملاحظة
Checking for oversold indicators on RSI and reversal on MACD. Next run will prob get to get to around 11k
ملاحظة
Hit 11k and slowly started to decline.
ملاحظة
I've adjusted the descending path on the EW, but the general idea remains the same.
Market has been showing low volume.
Sideways price action expected.

Bouncing between 10.2k, 10.5k, 10.8k and 11k.
لقطة
ملاحظة
looks like we'll see <10k today

إخلاء المسؤولية