BTC/USDT heads towards $70k according to elliot theory
Hello everyone,
Great to check bitcoin chart, elliot wave strategy combined with divergence theory.
technical analysis :
-Elliot wave has reached minimum lenght of wave three, waiting for the next candle to confirm whether wave four is over.
-According to the divergence theory, MACD and RSI have canceled the bearish divergence that occurred during this period, the bullish trend will soon continue
Note:
- the length of wave five is the minimum peak of the current wave three, looking at today's chart, BTC is likely to touch the $70k level
- After wave five ends there may be a fairly deep correction, preferably when approaching wave five, friends have made preparations, by choosing coins that might be staked with attractive rewards
Great to check bitcoin chart, elliot wave strategy combined with divergence theory.
technical analysis :
-Elliot wave has reached minimum lenght of wave three, waiting for the next candle to confirm whether wave four is over.
-According to the divergence theory, MACD and RSI have canceled the bearish divergence that occurred during this period, the bullish trend will soon continue
Note:
- the length of wave five is the minimum peak of the current wave three, looking at today's chart, BTC is likely to touch the $70k level
- After wave five ends there may be a fairly deep correction, preferably when approaching wave five, friends have made preparations, by choosing coins that might be staked with attractive rewards