Analyzing Bitcoin: for the first time with elliot waves!
Hi community of steemit
I was yesterday analyzing a graphic of btc/usd with elliot waves
the elliot wave I find it interesting , For me it seems easy, the main thing I explain myself, the 5 impulses and the abc corrections, but as I am beginning I decided to practice, let's see how I did it, i utilized i utilized the platform tradingview to practice it. Utilizing graphics of 1Day , At that time wave 1 was being completed
a few days ago I did this
today complete wave 3 and go in search of wave 4
In the first image I pointed out the waves and the corrections away, and in the second closer, as you saw I have been following the BTC, but I am not buying or recommending because I did it for my learning and wanted to share it with you friends , ¡I wish you a happy day!
thanks for all community of steemit!
photo source:https://www.criptonoticias.com/colecciones/steemit-red-social-descentralizada-gracias-blockchain/
how did I do that? Let me your opinion!
i still have to learn elliot waves but yeah i can say that it might face resistance at 12K mark..definitely a point to see.. chances of falling are high but will find support quickly too ! just my opinion. :)
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