BitcoinUpdated btcusdt
Well, bitcoin is still in the process of consolidating the flat running pattern, according to Elliott's long-term analysis.
The last wave pattern is 3 waves that will most likely be returned as a harmonic pattern. Especially in the weekly macd, we also see divergence.
However, this last wave can drop something like 50% with a lower probability than the first wave itself, in which case our main pattern will be extended and we will not have a new ath.
The last wave pattern is 3 waves that will most likely be returned as a harmonic pattern. Especially in the weekly macd, we also see divergence.
However, this last wave can drop something like 50% with a lower probability than the first wave itself, in which case our main pattern will be extended and we will not have a new ath.
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Note
Note
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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.