Bitcoin Elliott Wave technical analysis [Video]
|BTC/USD Elliott Wave technical analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction next higher degrees: Wave (III)
Wave cancel invalid level: 31046.25
Details: The five-wave increase in wave (III) may be complete Watch out for Corrective
BTC/USD trading strategy
Bitcoin's rise continues higher From the rise of the third wave This is likely to break the all time high of 68997.75, but in the final stretch of the rally we still lack movement. Two more times to complete the large Impulse structure, watch out for corrections.
Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
BTC/USD Elliott Wave technical analysis
Function: Follow Trend
Mode: Motive
Structure: Impulse
Position: Wave III
Direction next higher degrees: Wave (III)
Wave cancel invalid level: 31046.25
Details: The five-wave increase in wave (III) may be complete Watch out for Corrective
BTC/USD trading strategy
Bitcoin's rise continues higher From the rise of the third wave This is likely to break the all time high of 68997.75, but in the final stretch of the rally we still lack movement. Two more times to complete the large Impulse structure, watch out for corrections.
Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend, Wave Oscillator is a bullish Momentum.
BTC/USD Elliott Wave technical analysis [Video]
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.