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$BTCUSD counter trend structure completion in next few days
Bitcoin
$BTCUSD counter trend structure completion in next few days
Oleh googooboyy
Ikuti
Ikuti
8 Mei 2023
1
8 Mei 2023
NOT FINANCIAL ADVICE
Structure is forming a very nice counter trending zigzag (5-3-5) formation; wave (4) aka waves ABC.
Currently wave C underway, and we're expecting further impulsive waves to the downside, coupled with some strong divergence signal.
If signal is found AND price touches the region between 25.8k to 26.2k, then we can safely say waves ABC, aka wave (4) achieved.
Until then, we play the waiting game and continue to be patient.
This publish is an update to this previous publish that promoted the rally as a bear-market-rally:
BTCUSD
countertrend
elliotwavesanalysis
Trend Analysis
Wave Analysis
googooboyy
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$BTC and its bear market rally.
oleh googooboyy
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