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BTC MONTHLY Elliot Wave Ending Diagonal
Bitcoin
Long
BTC MONTHLY Elliot Wave Ending Diagonal
By NIGHT_NIGHT_5
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Jun 4, 2023
3
Jun 4, 2023
(COUNT #1) I have yet to see this wave count showing a possible ending diagonal on the BTC Monthly.
Looking at the MACD we have monthly bullish divergence between (yellow) waves 2 and 4.
Monthly MACD cross is closing in. Negative momentum is near flipping to positive.
Also check out this count in an inverted view (upside down). It looks more clear.
Trend Analysis
Wave Analysis
NIGHT_NIGHT_5
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