Get started
Bitcoin
Long

BTC/USD- Wait for wave 5 (Elliott Wave) Bullish

By ronkjohns
Typical market cycle playing out here. This pullback is healthy in order to continue bullish uptrend. Elliott wave has played out perfectly so far. We should have a nice bounce off one of the lower levels (4900 or 4400 area) then continue to break into price discovery of 6k. Wave 5 will present itself. Be patient. Good Luck :)
BTCUSDChart PatternscryptoemotionsmarketstructuremoonpsychologyWave Analysiswaves
ronkjohns

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.