BTC Elliot wave trend analysis 1D (Daily) time frame

11 באוק׳ 2020

Here is a daily Elliot wave analysis for bitcoin. It seems to have broken the corrective pattern ABCDE and is moving upwards. Expecting a move to near 12k as the first stop. Plan your trades keeping in mind the daily trend. Trend helps! We could be at the beginning of an impulsive wave up. Think long.