CASE 1
IF it rises from here then
Buy at 106 (after retracement as shown in the chart.)
Targets 115, 120, 125
SL - 103.5
CASE 2
IF it falls from here then
buy at 99.5
SL - 96
Targets 105, 115, 120
Case 1, if it rises from here on the daily timeframe.
BUY ABOVE 215,
TARGET 240, 250, 260
SL - 200
CASE 2, If it falls from here on the daily timeframe.
BUY ABOVE 180,
TARGET 215, 240, 250, 260
SL - 165
As per Elliot Waves BTC will move to 70K
then will drop to 50K then will rise again to 58-60K then will fall to 40K.
all this journey is expected in the next 2 months.
As nifty has formed the RSI Divergence on Daily Time Frame.
so, I am expecting that it will fall to 12300 in the next coming 2 to 3 months then it will start to recover.
