As of right now the 5 up off the dump looks bearish in nature.
Likely an A wave on the daily as part of a zig zag ABC correction and we are now finished with wave B.
The C wave can extend past the recent highs and the bulls can flip the 5 up in a HTF wave 1,2 and start a 3 wave off the recent lows.
But gun to my head that's not likely anytime soon.
Likely an A wave on the daily as part of a zig zag ABC correction and we are now finished with wave B.
The C wave can extend past the recent highs and the bulls can flip the 5 up in a HTF wave 1,2 and start a 3 wave off the recent lows.
But gun to my head that's not likely anytime soon.
If your interested in joining my group DM me for the link. We do Elliot Wave TA give trade signals and set ups. We have channels for all cryptocurrency and also many OTC stocks. TY
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If your interested in joining my group DM me for the link. We do Elliot Wave TA give trade signals and set ups. We have channels for all cryptocurrency and also many OTC stocks. TY
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.