Elliott Wave Analysis On BTC/USD

BTC/USD is trading close to all-time highs and after the recent strong rise within wave III, seems like ATH is going to be taken out before we will see a slow down into a higher degree wave IV correction. Currently, we are tracking wave (5) of 5 of III that can stop around 20k area and from where longer and deeper pullback may occur.

(Video length 00:08:11)



Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.