Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
BTC simple analysis: Elliot Wave fifth wave
Bitcoin
Long
BTC simple analysis: Elliot Wave fifth wave
By Ftradorex
Follow
Follow
May 28
0
May 28
Elliot Wave has been settled in D1 time frame. Waiting for fifth wave to finish on 300% of E.W. fibonacci.
Fibonacci is between 2 and 4 peak of E.W.
USD should become strong or BTC become weak, which, I believe it's what's going to happen.
SL behind 1 peak.
there's a chance that wednesday finish bearish.
Note: Trade wise 👍
think cold.
Chart Patterns
elliotwaveanalysis
power
simple
Trend Analysis
Wave Analysis
Ftradorex
Follow
Also on:
Related publications
BTC update of simple analysis: Double top.
by Ftradorex
BTC simple analysis: Wave reversal
by Ftradorex
BTC simple analysis: box retest
by Ftradorex
EURUSD simple analysis: resistance zone
by Ftradorex
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.