Possible triple correction - Elliot Wave Analysis
Bitcoin the name which shows us the dream to become a billionaire.
Currently price has completed its double correction and facing strong resistance at 0X trend line.
If price fails to break this trend line then the 3rd and final correction will happen which may lead this coin price to 45000-48000 zone.
Trader should focus on the trend line.
If it fails to break then good short opportunity will emerge.
Currently price has completed its double correction and facing strong resistance at 0X trend line.
If price fails to break this trend line then the 3rd and final correction will happen which may lead this coin price to 45000-48000 zone.
Trader should focus on the trend line.
If it fails to break then good short opportunity will emerge.
Note
I forgot to mention minimum correction level
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.