dmodiwirijo

BTC's journey to Bull Market

Short
BITFINEX:BTCUSD   Bitcoin
  • Elliott Impuls Waves
  • Elliott Correction Waves
  • RSI Divergence
  • Ichimoku Cloud Breach
  • Resistance & Support zones
  • Fibonacci retracement
The bull trap can only be avoided if the 50% fibonacci is reached with a 5th Impulse wave at best. This means a RSI divergence can be found for a correction wave near the previous retracements. Bitcoin needs more liquidity to fuel next Impulse Waves, otherwise the correction can go to $10K or lower.
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