Bitcoin BTCUSDT - Dump recapitulation - Elliott Wave + Wedge
- This is a valid Elliott Wave formation on the huge recent Dump
- We can clearly see 2 impulse waves to the downside, but there is still missing 1 last fifth wave
- If we take FIB extension tool, we can expect bounce at 0.618 FIB (with Double bottom) or 1:1 FIB extension (with Divergence)
- This setup give us great buying opportunity at the bottom of the downtrend
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- We can clearly see 2 impulse waves to the downside, but there is still missing 1 last fifth wave
- If we take FIB extension tool, we can expect bounce at 0.618 FIB (with Double bottom) or 1:1 FIB extension (with Divergence)
- This setup give us great buying opportunity at the bottom of the downtrend
If you want more of these ideas, hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
