Get started
JetSetGo

BTCUSDT due for a potential bounce

Long
Bitcoin / Tether USD (POLONIEX:BTCUSDT)  
JetSetGo Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Trend Analysis Wave Analysis
4
0
trendanalysis waveanalysis
A potential bounce from here might happen. Lower EMAs have already crossed the higher EMA.
I am seeing this as a retest before the bounce. Should this be the start of an Elliot Wave?
What are your insights in this? Cheers!
Comment:
It perfectly bounced into the 200EMA. Let's see if this weekly candle will close above $30k. If it did, we should see some more upward movement.
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.