BITCOIN – My aspects with Elliot and middle term vision

Hi guys, welcome back to my analysis post. Today we will reveal about the market – specially for bitcoin after last sudden dump.

I have been notified with all you when we have bad signal in price action of 1H chart that bitcoin can fall down from 42xx to 40xx. But the result is 38xx. What about now?

As my aspect with Elliot , we are in wave 4 of Elliot and we also have one more bullish wave with wave 5. But we need consider that wave 4 is exist when the price does not fall down to area of wave 1 ( mean the price should not fall down below 3752 ). If the price fall down 3752 so we may have not wave 5 and continue dropping.

If not, we may see double bottom build by wave (a) and (c) of wave (iv) and we have shorten wave 5 after that ( the opportunity for you get out market )

The strategy I give you is:

Buy in zone of wave (iv) and take profit in wave 5 – with stop loss of lowest price of wave (ii) – 3631.

Target may higher in 44xx – 46xx when wave 5 is normal or extension.

I will declare more information for all you about the middle term in below this post with numerous update!

LIKE for support author

~~~ XUANHAIMMOER ~~~