BTCUSDT Elliot Wave

19 ביוני 2021

This time I analyze the deep correction of BTC under the Elliott waves. We can see that the correction is a compound wave or double combo (WXY) formed by two plane waves at the ends joined by a triangular wave. The last flat wave can be left with a fault in C and from there develop a new wave 5 in order to search for new highs.