Dear crypto fans and friends,
I was hoping for 10.5k target with the 1-2-3-4-5 elliot but got rejected in the middle of the 3th wave -> XYZ
Therefore the scenario is bearish and probably going down below 8.8k to the next support at 7.5k.
EMA is also not looking well, volume still there for a lot of volatility.
*this is just my opinion I'm not a professional advisor! Make you choices wisely and manage your risks!
I was hoping for 10.5k target with the 1-2-3-4-5 elliot but got rejected in the middle of the 3th wave -> XYZ
Therefore the scenario is bearish and probably going down below 8.8k to the next support at 7.5k.
EMA is also not looking well, volume still there for a lot of volatility.
*this is just my opinion I'm not a professional advisor! Make you choices wisely and manage your risks!