Bitcoin is overall preparing to back set go towards south zones on bigger picture's Elliot wave counts, but currently we are expecting very little counter pull back rally towards north near 22500 zones, there after we are assuming good fall again towards south directions. all the possible degree wave counts are shared in snap shots below
Possible wave counts on weekly time frame
Possible wave counts on daily time frame
Possible wave counts on 4 hourly time frame
positive divergence in both macd and rsi
RSI double breakout on hourly chart.
MACD positive crossover on hourly chart
MACD positive crossover on daily chart
Lower Bollinger also uptick
Trigger point is breakout this black resistance trendline
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Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
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