Elliott Waves on BTC and LUNA break supports [Video]
![Elliott Waves on BTC and LUNA break supports [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/crypto_matrix-637516561995093295_XtraLarge.jpg)
Bitcoin (BTC) is moving down impulsively and hints at an end to the upside correction unless the base channel holds its grip. Will $40k give in as easy as $42k or are we in for --at least-- a correction upward? $LUNA (LUNA) is down 30% since last week's all-time high, and it's not looking like stopping any time soon as we extend in wave 3. Losing $75 will add more to its bearishness. Can we rally upwardly for a relief? For more details on their structures and a lot more analyses check my weekly widely anticipated video below:
Author

Stavros Tousios
Independent Analyst
Stavros is leading the Investment Research Team at a reputable Forex broker. He has been involved in the financial markets since 2014 and in cryptocurrencies trading since 2017.




