If this Elliott Wave count is correct, BTC is going down to complete ABCDE
1. As shown on chart, it might take another 3 weeks to reach the bottom.
2. 21 EMA is the resistance for now
3. Volume decreasing as price is gaining
Target 5k MINIMUM !
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Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
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1. As shown on chart, it might take another 3 weeks to reach the bottom.
2. 21 EMA is the resistance for now
3. Volume decreasing as price is gaining
Target 5k MINIMUM !
-------------------------------------
Risk warning!
Trading carries a high level of risk to your capital and may result in losses that exceed your initial deposit.
Supplied information is not advice.
--------------------------------------
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Zoomed in to 4hrs chart for clarity
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Waiting for more data to ensure if Wave (b) yellow completed and BTC is heading down to complete (c) / E
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BTC is heading down. But it needs to take a break and retrace before heading down again. Target as indication on chart.
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BTC going down
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BTC is still moving down
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BTC heading lower
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I'm expecting a break lower from here
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Going down
