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Bitcoin/ U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Zigzag

position: Wave C

Direction Next higher Degrees: wave (4)

Wave Cancel invalid level:

Details: the Down of Wave C has a trend to test the 87,525 level.

Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: BTC correction may find support at 87,7525 - 86220 which is the equality of waves A and C and also a test of the Channel. So wait until Wave C is complete to join Uptrend.

Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.

Bitcoin/ U.S. dollar(BTCUSD)

BTCUSD Elliott Wave Technical Analysis

Function: Counter Trend

Mode: Corrective

Structure: Zigzag

position: Wave C

Direction Next higher Degrees: wave (4)

Wave Cancel invalid level:

Details: the Down of Wave C has a trend to test the 87,525 level.

Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: BTC correction may find support at 87,7525 - 86220 which is the equality of waves A and C and also a test of the Channel. So wait until Wave C is complete to join Uptrend

Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum.

Technical Analyst: Kittiampon Somboonsod

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