AJAYSHARMA

Elliott waves - BTC making a bottom ?

Pembelian
COINBASE:BTCUSD   Bitcoin
I think BTC is hammering out a bottom in form of wxyxz where z is a triangle . On can also argue that it may be forming a wave 4 triangle to complete a 12345 impulse down . This would mean only wave A down . I am assuming wxyxz correction because the correction has retraced .618% of wave iii and is consolidating in previous wave 4 of one lesser degree . What we can assume is that its a good bottom with SL at previous low which is a good risk reward ratio. This can also ve wave A of multimonth triangle to come . It tough but there a good risk reward ration on the buy side . Regards
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.