Crypto market is looking higher, but be aware of a correction [Video]

Stock market remains strong at the begninning of the week and we see Cryptos still under bullish pressure, but still be aware of limited intraday gains this week, as we see it approaching interesting Fibo. cluster target area for wave »v« of 3. So, once subwave (v) of »v« of 3 is fully completed, watch out for a higher degree wave 4 correction that can retest 950B – 900B support area before the uptrend for wave 5 resumes.

If you want higher degree picture on cryptocurrencies and some of linked stocks, then check our  video below:

 

 


Get Full Access To Our Premium Elliott Wave Analysis For 14 Days. Click here.

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.