BITCOIN โ ๏ธ Double-Three Bearish Correctional Waves ๐๐๐
- I'm not an expert at Elliott Waves... (I'm still learning.) ๐
but I have a knack for seeing complex patterns as my day job is a creative professional. ๐ค (Trading is my side hustle.)
- This appears to be a complex bearish correction at the top of a very nice rally up.
- Everything in life expands and contracts. โฏ๏ธ
ืืขืจื:
๐จ Reminder:
Don't try and catch a "falling knife"!!!
Don't try and catch a "falling knife"!!!
ืืขืจื:
Bounce at Weekly Support... but Bears ๐ป are waiting to get their teeth into you. ๐ก๏ธ๐ก๏ธ๐ก๏ธ
ืขืกืงื ืกืืืจื: ืืืขื ืืืฉื:
Setup was based on 15-minute time frame. More downside in my opinion, but there is a short-term bounce possibility.
ืืขืจื:
Good grief... bears just came out to lunch.
Elliott Wave Theory is just a way to describe the emotional journey of price moving up and down in a dramatic structure. (This is similar to a three-act structure in a book or play, while the ending is yet to be determined as price unfolds...)