Bitcoin/U.S.dollar(BTCUSD) BTCUSD Elliott Wave Technical Analysis Function: Reactionary(Counter Trend) Mode: Corrective Structure: Double Corrective Position: Wave(Y) Direction Next higher Degrees: wave ((2)) of Motive Details: Wave ((2)) is likely to end at 25354.69. A five-wave rise will confirm this idea. Wave Cancel invalid level: 25354.69.
Bitcoin/U.S. dollar (BTCUSD)Trading Strategy: Bitcoin has recovered well from 25354.69, but has yet to break the MA200 completely. We expect Wave 2 to end at 25354.69. Price is returning to an upward trend. And a five-wave increment would support this idea. But even so, one has to be wary of a correction of wave 2 on smaller scales.
Bitcoin/U.S. dollar (BTCUSD)Technical Indicators: The price is below the MA200 indicating a Down Trend, Wave Oscillator is Bearish momentum
Bitcoin/U.S. dollar (BTCUSD)Trading Strategy: Bitcoin has recovered well from the 25354.69. level and can still hold above the MA200 line, leading us to expect Wave 2 to end at 25354.69. , 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, Wave Oscillator has a Bullish Divergence
Renowned analyst Kittiampon Somboonsod provides insightful Bitcoin technical analysis through Elliot...
Bitcoin (BTC) showed a promising recovery from the 24770.53 level and formed a robust five-wave stru...
Kittiampon Somboonsod's 4 Hour and Daily Elliott Wave charts reveal a positive outlook for Bitco...
Bitcoin's price is influenced by various factors, including market demand, adoption, regulatory ...
In the latest technical analysis by Kittiampon Somboonsod, Bitcoin's Elliott Wave charts for the...
Bitcoin (BTC) Prediction and Elliott Wave Analysis: Kittiampon Somboonsod's 4 Hour and Daily Cha...
Trading Education