BTC Price Movement Update: Elliot Wave Movement Unfolding

in #tradershub4 years ago

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The upside move may be done but we may see an extended movement towards the upside and then the corrective waves will set in. This is an elliot wave movement pattern so we should see a set of downward movement in the coming hours

You can check out my chart and the load the bars forming after publishing on trading view here



https://www.tradingview.com/chart/BTCUSDT/p7yVfXxJ-Short-After-we-Hit-the-Trend-Lines-and-Resistance/



You can check out my previous post to the upside and also follow me on trading view as well

https://steemit.com/tradeshub/@anaman/btc-is-forming-an-elliot-wave-pattern

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BTC might not be able to extend to the trend line

possible second scenario

https://www.tradingview.com/x/Ky8ld9Fo/

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seem the first idea is still in play, we are at the trend line now, possible dip in coming, trade with care

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still in play,

the wave got extended, broke above the trend line, and made a move down