Elliott Waves on BTC and MATIC show different structures

Stavros Tousios Independent Analyst

BTC's bounce has not seen much of a follow through so far and with a corrective-looking structure keeping pressure real it's highly unlikely to be the low CT has been calling for. MATIC, on the other hand, has printed a bullish strucutre over the past few days, and should it manage to hold above certain invalidation levels it might even begin to ascend to fresh multi-week highs. Want to know what to look out for? Watch the video below now:

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.

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