Bitcoin Crypto Index Elliott Wave Technical Analysis 23 Feb 2021
Bitcoin (BTC) Crypto Index Technical analysis Elliott Wave
Overview: Cryptos are correcting, but it is a bullish correction and buying opportunities
Bitcoin Elliott Wave: Wave (iv) or 4 bullish correction
Trading Levels: target Major Level (TL5) 50,000 Expecting a Classic Trading Levels Pattern across 50,000
Bitcoin Trading Strategy: Waiting for the correction pattern to fully develop before buying more bitcoin, that said a move above 55K creates a long trade.
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Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.
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