Elliott waves crypto analysis – We’re long from 6390.01

BTC –

We're long from 6390.01

Wave Analysis

Still no significant move has been seen on this Crypto. Bitcoin continues to rally above the 4 hour support zone 6390.01-6911.46 and is not showing any signs of breaking below it. As long as the price remains above this zone, we expect a possible momentum to the upper side. If you’re not already in a long position, you could wait for a second correction towards 6390.01 to pick a long term long position with an ultimate target at 12,711.86. This view can only be invalidated in case the price breaks below 6390.01.

Trade Recommendations:

We’re long from 6390.01

101% Double the volume

!Attention!
All bonus participates in drawdown!

FreshForex cancels commissions!

You may check other analytical reviews on FreshForex website. Source: freshforex.com.