Elliott Waves on BTC & LUNA contrast [Video]

Stavros Tousios Independent Analyst

Bitcoin (BTC) has started to consolidate in a manner that hints at a symmetrical triangle. Although the scenario of wave 4 being complete is highly probable, the symmetrical correction cannot be ruled out. Will we see a short-term correction or full-fledged downward progression? LUNA (LUNA) has printed a completely different structure -upward. With a 5-wave upside pattern finished though a reversal is highly possible. If the short-term validates the upside, however, prices could reach $140! If you want 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.

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