Trade4Mula

ELLIOT CORRECTION WAVE THEORY

BINANCE:BTCUSDT   Bitcoin / TetherUS
After the recent low of around $5800, we have seen a new pattern forming with bullish momentum.
Today's rejection at $6900 brought to my attention the possibility of an Elliot Correction Wave taking place.
If so, we will see another dip, around $6400 within the next few days.

Hibernation time bears, to the moon we go bulls!
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.