Bitcoin has been on a rampage last weekend demolishing my hopes for a slight pullback to add to my position. Both Kovach Momentum Indicators are bullish, and it appears that we might be in wave 3 (the longest and strongest) of the impulse wave of a 5-3 Elliott Wave. Since we keep making new highs, it is difficult to project where we will hit any resistance, but based on the Fibonacci extension levels, $10.9K and $15.7K look like the next price targets.
If you're interested in the Kovach Momentum Indicators, Reversals Indicator, or crypto specific indicators, check out quantguy.net.
If you're interested in the Kovach Momentum Indicators, Reversals Indicator, or crypto specific indicators, check out quantguy.net.
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