BitcoinShort
BTCUSD is completing Elliott impulse wave (12345) and soon (ABC)
as we can see we expect that when wave get completed open sell position or take profit on long trade
we believe that end of this would be around 50K---51K based on Fibooancci structure or even 54K
then we can expect some falling all the way to 45K that is important support taken from trendline
there is two more scenario shown on chart with orange path and is not perfectly visible that would happen with emotional market and both is bearish
((BTC is so Strong right now)) be ware of this and you can see two past analysis (below linked) too that both was bullish scenario
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
we believe that end of this would be around 50K---51K based on Fibooancci structure or even 54K
then we can expect some falling all the way to 45K that is important support taken from trendline
there is two more scenario shown on chart with orange path and is not perfectly visible that would happen with emotional market and both is bearish
((BTC is so Strong right now)) be ware of this and you can see two past analysis (below linked) too that both was bullish scenario
<<Traders comment below and let me know your thinking about this analysis even simple ((agree)),((not sure))>>
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t.me/mmbtchannel
VIP Channels:
Forex:+400Pips & Crypto +420% monthly profit at VIP.
check pinned message in telegram for more information.
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