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Elliott Waves on BTC and LUNA at turning point? [Video]

Elliott Waves on BTC and LUNA at turning point? [Video]
Stavros TousiosStavros TousiosIndependent Analyst

$Bitcoin (BTC) continues to consolidate with an upward bias that resembles a running flat (c) wave. Due to overlaps, the structure seems to be completed on an ending diagonal pattern. Can another leg up reveal itself before the expected turn? $Thorchain (RUNE) keeps rising in what seems to be an impulsive structure, however, likely 5-3-5. More upside can be expected in the short-term but with an ending diagonal printing, prices might reverse sooner than later. If you want more details on their structures and a lot more analyses, check my weekly widely anticipated video below:

Author

Stavros Tousios

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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