Bitcoin Elliott Impulse And Correction Waves
If we have completed the present Elliott Correction Wave, then we're off to our next wave, the Elliott Impulse Wave.
Target: $20,500
Remember to always place your stops at the appropriate levels whenever you put in a trade.
Happy trading everyone!
Ron
The daily chart is looking very bullish.
Check out my mid term out look for BTC with the Trend-Based Fib Extension Tool laid out.
If we have completed the present Elliott Correction Wave, then we're off to our next wave, the Elliott Impulse Wave.
Target: $20,500
Remember to always place your stops at the appropriate levels whenever you put in a trade.
Happy trading everyone!
Ron
The daily chart is looking very bullish.
Check out my mid term out look for BTC with the Trend-Based Fib Extension Tool laid out.
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Here's the zoomed in chart for a clearer view:
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The 61.8% Fibonacci Level is still holding up. Will the Bulls take over the control of the market in August? It's more than likely!
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The 61.8% Fibonacci Level has been re-tested. Time for a bounce and a bull run!!!!
