BTC Forecast - Elliot Wave Targets Next 60 Days - 60k to 100k
If we assume the standard ratios for wave 5 EW .. low end ~61k, high end ~100k. My personal target around 88k by second week of April.. though EW supports 100k at the high end too. Link here to the snapshot, 9 times out of 10 TradingView skews any angle trends I plot based on how zoomed in/out you are on your web browser, apologies but not sure how to fix that.
• Target 1: 61k • Target 2: 66k • Target 3 (my personal bullish divergence target) 71-72k by 28 March • Target 4 (likely top based on general timeline and angle trends) 88k by mid April • Target 5 and 6 around 100k by late April
Assumptions: • Wave 2 is around 50% of wave 1 • Wave 3 is around 161.8% of wave 1 • Wave 4 is around 38.2% of wave 3 • Wave 5 is a range from inverse 1.236 – 1.618% of wave 4, equal to wave 1 or 61.8% of wave 1+3
Notes: • This is invalidated if I am terrible at TA (entirely possible) or if it breaks South of the current channel its been in since the start of year. • I am relately novice at TA so welcome feedback or other thoughts
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.