Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:Correction Wave ends at around 89,396. The internal structure of Wave 5 Sub-Waves is developing. The target of Wave (5) is calculated from Fibonacci Extension (0.618 of Wave 1-3) 123,402.51 Level.Main Outlook:* Main Trend: Still bullish with the highest target around 123,402.51.* Watch for a break of resistance at 108,179.07
Elliott Wave Analysis TradingLounge 4hr ChartBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Follow TrendMode: MotiveStructure: Impulseposition: Wave (5)Direction Next higher Degrees: wave ((3))Wave Cancel invalid level:Details: The uptrend remains strong with the primary target for Wave (5) at 123,402.51 or higher at 125,815.67.
Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy:Correction Wave ends at around 89,396. The internal structure of Wave 5 Sub-Waves is developing. The target of Wave (5) is calculated from Fibonacci Extension (0.618 of Wave 1-3) 123,402.51 Level.Main Outlook:* Main Trend: Still bullish with the highest target around 123,402.51.* Watch for a break of resistance at 108,179.07
Technical Analyst: Kittiampon SomboonsodSource: Tradinglounge.comMore By This Author:Asian Paints Indian Stocks Elliott Wave Technical Analysis – Monday, January 20
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