#Bitcoin Elliott Wave Count Analysis ( Ready for $44000 ?)
#Bitcoin Elliott Wave Count Analysis
Intermediate Degree:
▪️We are observing a potential wave (3) down of a descending impulse on the 1-day chart.
▪️Target: $48,000 - $44,000.
Primary Degree:
▪️The 1-day chart suggests wave C down of a zigzag pattern is in progress.
▪️Target: $58,000 - $61,000.
Cycle Degree:
▪️At the cycle degree, wave ((ii)) down of an ascending diagonal appears to be forming.
▪️Target: $52,000 - $58,000.
Disclaimer: This analysis is based on current market conditions and the Elliott Wave Theory.
Always conduct your own research before making trading decisions.
Stay tuned for more updates and detailed insights.
Please Like/RT & Appreciate
Intermediate Degree:
▪️We are observing a potential wave (3) down of a descending impulse on the 1-day chart.
▪️Target: $48,000 - $44,000.
Primary Degree:
▪️The 1-day chart suggests wave C down of a zigzag pattern is in progress.
▪️Target: $58,000 - $61,000.
Cycle Degree:
▪️At the cycle degree, wave ((ii)) down of an ascending diagonal appears to be forming.
▪️Target: $52,000 - $58,000.
Disclaimer: This analysis is based on current market conditions and the Elliott Wave Theory.
Always conduct your own research before making trading decisions.
Stay tuned for more updates and detailed insights.
Please Like/RT & Appreciate
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