Ewol

Elliot Wave Completed on the Daily. ABC retracement now in play.

POLONIEX:BTCUSDT   Bitcoin / Tether USD
5 Waves completed we saw the top around 7500 USD. Now as we move into complacency on the psychology of a market cycle. We should see a move back up around $7000USD which would allow for final profits to be taken and sell off remaining bitcoin. Before falling down to the lower levels of the fibinacci retracement pattern down below 5k.
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.