21.09.2021
- as updated earlier, the price dipped into the daily supply zone and recovered quickly from it (refer link in comments section).
- from Elliott wave stand point i am expecting a one more dip into this area (being wave 5 of c of 2 of larger wave 5)
- that being said wave C would equal wave A at 38766.25 (linear scale) and at 39542.55 (log scale)
- overall expecting the price to reverse somewhere in the larger light green zone marked.
- as i mentioned earlier also, it would be great area to buy considering the risk & reward.
- as updated earlier, the price dipped into the daily supply zone and recovered quickly from it (refer link in comments section).
- from Elliott wave stand point i am expecting a one more dip into this area (being wave 5 of c of 2 of larger wave 5)
- that being said wave C would equal wave A at 38766.25 (linear scale) and at 39542.55 (log scale)
- overall expecting the price to reverse somewhere in the larger light green zone marked.
- as i mentioned earlier also, it would be great area to buy considering the risk & reward.