Elliott Wave Analysis TradingLoungeBitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Zigzagposition: Wave CDirection Next higher Degrees: wave (4)Wave Cancel invalid level:Details: the Down of Wave C has a trend to test the 87,525 level.Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: BTC correction may find support at 87,7525 – 86220 which is the equality of waves A and C and also a test of the Channel. So wait until Wave C is complete to join Uptrend.Bitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an uptrend, The Wave Oscillator is a Bullish Momentum.
Bitcoin/ U.S. dollar(BTCUSD)BTCUSD Elliott Wave Technical AnalysisFunction: Counter TrendMode: CorrectiveStructure: Zigzagposition: Wave CDirection Next higher Degrees: wave (4)Wave Cancel invalid level:Details: the Down of Wave C has a trend to test the 87,525 level.Bitcoin/ U.S. dollar(BTCUSD)Trading Strategy: BTC correction may find support at 87,7525 – 86220 which is the equality of waves A and C and also a test of the Channel. So wait until Wave C is complete to join UptrendBitcoin/ U.S. dollar(BTCUSD)Technical Indicators: The price is below the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum.
Technical Analyst: Kittiampon SomboonsodMore By This Author:Unlocking ASX Trading Success – Cochlear Limited
Elliott Wave Technical Analysis: Salesforce Inc. – Wednesday, Jan. 8
Elliott Wave Technical Analysis: WTI Crude Oil – Wednesday, Jan. 8
