BTC is Forming an Elliot Wave Pattern

in #tradeshub4 years ago

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Looking at the market in a short time frame gives this view of a 5 step pattern to the upside.

2 of the rise-and-fall pattern have been observed and I'm hoping to see the 3rd before we encounter the remaining
downward movement

You can check out my chart and the load the bars forming after publishing on trading view here

https://www.tradingview.com/chart/BTCUSDT/XET9lkbC-move-to-the-upside/

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we just broke above the resistance line

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Target achieved

watching the market to see btc to see the market trend

  1. an extended wave to the trend line before we see any movement to the downside

  2. the 2 down waves as per Elliot wave movement

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