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BitcoinBTC/USD
Elliott wave analysis
Repeat: The Waves (iii) Y (v) they are analyzed in more detail in the following 4-hour chart. if the wave (iii) expand up, then a correction mark is included 32238 AMERICAN DOLLAR. From the area would then be the downward momentum 1-2-3-4-5 wave (v) to create. A harmonious goal is included. 19723 USD, but you are also welcome to form a little less than USD 25,000.
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
Repeat: For the wave (iii) a correction mark is included 32238 USD ready, so far it has been 31945 USD. The downward momentum would then start from this area. 1-2-3-4-5 wave (v) develop. A harmonious goal is included. 19723 USD, but you are also welcome to form a little less than USD 25,000.
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
Summary: We are talking about very thin ice here. The last high becomes a wave 3 the C wave (iii) recognized and there could be another high like a wave 5 the C wave (iii) continue.
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
inside the wave two BitCoin goes up, he told himself.
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
Riding the wave of recovery twocoming out of the waves ABC created, is the continuation of the downward momentum 1-2-3-4-5 in the plane
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
I repeat: Unfortunately, the probability of a wave (iii) either (b) slightly higher, so that more minima occur later, or directly. However, there is a chance to secure the brave long trade for the first time.
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
I repeat: a new low for the year would be at the top of the wish list. If this happens, then it makes sense to do an intensive ground search from $23486.
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
I repeat: the bears celebrate and push BitCoin to a new yearly low.
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
Wave 3 could develop and cause more casualties, maybe the wave is already there 5 ongoing, according to one of the previous analyses.
Conclusion:
It is an excerpt from the new Cryptonator, the chart under analysis is from 06/14/2022. Instead of the weekly chart, here he goes into detail, or rather to the point. 🙂
I wish you every success in your decisions and do not get into difficulties, this inevitably leads to wrong decisions.
André Tiedje – Elliott Wave Expert, Technical Analyst and Trader at GodmodeTrader.de
I wish you every success in your decisions and do not get into difficulties, this inevitably leads to wrong decisions.
Course development on the 4-hour chart (log candlestick chart display/ 1 candle = 4 hours)
Disclosure of Potential Conflicts of Interest: The author is invested in the discussed or base stocks at the time of publication of this analysis.
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