Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: wave (C) of Zigzag Details: Wave (C) is likely to end at the level of 25874.30. A five-wave rise will confirm this idea. Wave Cancel invalid level: 25874.30
Bitcoin/U.S. dollar (BTCUSD)Trading Strategy: Bitcoin has recovered well from the 25874.30 level and can still hold above the MA200 line, leading us to expect Wave 2 to end at 25874.30, the price is returning to an upward trend, and a five-wave rise will support this idea.
Bitcoin/U.S.dollar(BTCUSD)Technical Indicators: The price is above the MA200 indicating an Uptrend MACD and RSI are bullish momentum
Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Zigzag Position: Wave(C) Direction Next higher Degrees: wave ((2)) of Motive Details: Wave ((2)) is likely to end at the level of 25874.30. A five-wave rise will confirm this idea. Wave Cancel invalid level: 25874.30
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