BTCUSD possible Elliot wave counts (up, then down and again up)

29 de mar. de 2023

Hello friends, here we had shared BTCUSD Bitcoin chart with possible Elliot wave counts on daily, 4 hourly and on hourly chart which seems aligned with each other, so the conviction increases.
Well, on daily time frame it seems that post correction we are unfolding wave 1 of some degree, in which we had already done wave 1-2-3-4 of one lower degree, and now possibly we are unfolding wave 5 of 1, so post completion of wave 1 we can assume that retracement is due as a wave 2 which can unfold as wave ABC hopefully, Overall we are in impulse towards north, one can wait for dips as a wave 2 to grab an opportunities to find best entry to go long, so we should have to ride only in right direction because right direction is always more important and better then speed. I am not sebi registered analyst, My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.

Possible wave counts on daily time frame


Possible wave counts on 4 hourly time frame


Possible wave counts on hourly time frame


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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.