Hi everyone
BTC reached or is very close to reach a double bottom scenario, that fits in my elliot wave forecast perfectly.
Price should rebound between 8100 and 8300.
Reasoning:
1. Three wave counts sin double top at 9k.
2. Price below S1, and that means that is more likely to go up than keep going down.
3. Divergences between price and RSI, OBV, Volume and MACD.
You can track the accuraccy of my forecast checking related ideas.
Note: price can still go down a little because we are not technically in double bottom yet, my advice is wait until you see a support candlestick formation in at least 30m timeframe.
Good luck and big profits everyone
BTC reached or is very close to reach a double bottom scenario, that fits in my elliot wave forecast perfectly.
Price should rebound between 8100 and 8300.
Reasoning:
1. Three wave counts sin double top at 9k.
2. Price below S1, and that means that is more likely to go up than keep going down.
3. Divergences between price and RSI, OBV, Volume and MACD.
You can track the accuraccy of my forecast checking related ideas.
Note: price can still go down a little because we are not technically in double bottom yet, my advice is wait until you see a support candlestick formation in at least 30m timeframe.
Good luck and big profits everyone
