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BTCUSD ELLIOTT

Oleh wolffarchitecture
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Take it or leave it. I am nether bullish nor bearish is all depends on your time frame.
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that's neither
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AS we stand observing the market today, a more complicated wave-4 can not be 100% ruled out (i.e. THE YELLOW path above is possible) .... BUT I simply think the yellow path has a lower probability then white ... based on other analysis of other markets.
However, One should always be prepared with a PLAN in case your preferred plan is wrong (If for example yellow began to look a bit more probable) .... I would "considerer" looking for a short term LONG set up --- IF ----- BTC were to find support on the 20K, and had a move above 21,565.
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Chart PatternsTechnical IndicatorsWave Analysis
wolffarchitecture

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