BTC price rebounded from $ 8400 points. I had expected a similar decline in the last posting 'Ongoing Flat correction', but actually it was steeper and stronger than I thought (the price plunge of altcoins).
I observed ‘truncation’ in the red box shown on the chart. This means a change of trend, and the possibility of starting a new elliott impulse. So I think the elliott impulse has begun and suggest the chart above.
In this chart, BTC rises as supported by a long-term downtrend indicated by a red dotted line. The goal of this price trip is about $ 12000, and will have a correction when the price reached this point. After the correction, BTC will resume the price trip to about $ 14000.
I observed ‘truncation’ in the red box shown on the chart. This means a change of trend, and the possibility of starting a new elliott impulse. So I think the elliott impulse has begun and suggest the chart above.
In this chart, BTC rises as supported by a long-term downtrend indicated by a red dotted line. The goal of this price trip is about $ 12000, and will have a correction when the price reached this point. After the correction, BTC will resume the price trip to about $ 14000.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.