Be patient guys!
I know that some people don't listen to technical analysis. There are various reasons for this.
Unfortunately, people often do not understand the technical signals. But I would like to give you my technical signal again. Technical analysis & the elliott waves are often presented as useless. To understand my analysis, you basically have to understand the market. And if you understand the market you cannot avoid a technical analysis (as an active trader). The market moves in impulses. An impulse can be calculated mathematically because it is divided into fractals. Ralph nelso Elliott assumed that trends move in 5 waves. The waves 1, 3 and 5 are impulse waves. Waves 2 and 4 are corrective waves. After completing the 5 waves, Elliott assumed that a correction would follow.*
According to Nelson Elliott, the correction takes place in 3 steps. ABC correction. This is what we´re currently seeing. All these impulses are calculated in this analysis and indicate further lows. The btc failed again on the upper trend line. The chart would only show strength again from 42,300 onwards.
The technical signals are still clear:
What does that mean for you? Wait & be patient!
I see a shopping area in the yellow rectangle. There you can build up a position step by step.
I know that some people don't listen to technical analysis. There are various reasons for this.
Unfortunately, people often do not understand the technical signals. But I would like to give you my technical signal again. Technical analysis & the elliott waves are often presented as useless. To understand my analysis, you basically have to understand the market. And if you understand the market you cannot avoid a technical analysis (as an active trader). The market moves in impulses. An impulse can be calculated mathematically because it is divided into fractals. Ralph nelso Elliott assumed that trends move in 5 waves. The waves 1, 3 and 5 are impulse waves. Waves 2 and 4 are corrective waves. After completing the 5 waves, Elliott assumed that a correction would follow.*
According to Nelson Elliott, the correction takes place in 3 steps. ABC correction. This is what we´re currently seeing. All these impulses are calculated in this analysis and indicate further lows. The btc failed again on the upper trend line. The chart would only show strength again from 42,300 onwards.
The technical signals are still clear:
What does that mean for you? Wait & be patient!
I see a shopping area in the yellow rectangle. There you can build up a position step by step.
