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.
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.
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.