Update
Btc/usdt
Back at major support❗️
From This $38.8k level, we have two bullish set ups:
•Impulsive Elliott wave :
Bitcoin will keep trading during the weekend above $38.8k,close the weekly above the 0.5 fib level at $39.2k ( NO CME GAP). Start the impulsive wave 3 🎯$49.8k.
•W-pattern :
Bitcoin will fall back inside the descending channel, reach
🎯$35.6 -Higher low- before the CME market resumes trading. This will form a CME GAP at $39.2k, filling it will bring us back above the descending channel.
From there we MUST break above $40.4K and close above $41.5k to invalidate a “ dead cat bounce “ move.
W-Pattern target : 🎯$56.9k
More updates to follow
Btc/usdt
Back at major support❗️
From This $38.8k level, we have two bullish set ups:
•Impulsive Elliott wave :
Bitcoin will keep trading during the weekend above $38.8k,close the weekly above the 0.5 fib level at $39.2k ( NO CME GAP). Start the impulsive wave 3 🎯$49.8k.
•W-pattern :
Bitcoin will fall back inside the descending channel, reach
🎯$35.6 -Higher low- before the CME market resumes trading. This will form a CME GAP at $39.2k, filling it will bring us back above the descending channel.
From there we MUST break above $40.4K and close above $41.5k to invalidate a “ dead cat bounce “ move.
W-Pattern target : 🎯$56.9k
More updates to follow
CryptoLegends