Band Long- Elliot Waves and Charts Patterns

2022년 2월 4일

In the bigger picture, we can see a perfect Elliot waves count, we have a perfect (i-v) impulse, after that we have an a-b-c correction, that seems to be ending.

With this correction, the price made a massive descending wedge, it did not play that well, but the break down could be a false one. Moreover, a few months ago it started formed an descending channel the could be the key of an upside break and the starting of the third (III) wave.

The target of third wave is in the green box, of course this is in long term.

In the short term this could play very bad, with btc being so unstable, we could have a bigger drop, but in the long term this setup is bull quite bull.


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2022년 2월 20일

노트

In the day frame, we have a parabolic scenario, which can be the key of the break up of the channel.