BTC MONTHLY WAVE STRUCTURE [BASIC]
מעודכן
Been seeing patterns on charts all morning and had to just get them out of my head and onto a chart!
A simple bullish approach to Bitcoin's long-term price movement using basic Elliott Waves on the monthly timeframe.
Pink arrows represent MAJOR Elliott Wave movements
Purple boxes indicate key liquidity zones as well as a rough guide for potential entry / exit / buyback areas
Green dotted line represents BTC top as of 15:09 06/Oct/21
May 2024 halving would occur just after the completion of this theoretical Elliot Wave cycle.
What would happen after I wonder?!
Liquidity box zones will need to be adjusted over the years.
Not financial advice.
I do this for personal enjoyment, and realize other indicators may conflict with this analysis.
A simple bullish approach to Bitcoin's long-term price movement using basic Elliott Waves on the monthly timeframe.
Pink arrows represent MAJOR Elliott Wave movements
Purple boxes indicate key liquidity zones as well as a rough guide for potential entry / exit / buyback areas
Green dotted line represents BTC top as of 15:09 06/Oct/21
May 2024 halving would occur just after the completion of this theoretical Elliot Wave cycle.
What would happen after I wonder?!
Liquidity box zones will need to be adjusted over the years.
Not financial advice.
I do this for personal enjoyment, and realize other indicators may conflict with this analysis.
הערה
The weekly candle closing above 60k will be an important event this evening for bullish continuation!
כתב ויתור
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.