Elliott waves crypto analysis – we’re long towards 6775.90.

BTC –

Wave Analysis

After bouncing from the supportive trendline, Bitcoin has been in an up trend but is still not actively upwards. We expect the rebound from the lower trendline to have marked an end to the corrective wave (D) That the current bullish price rally is the unfolding of the last impulsive wave (E) to the upperside and should not break beyond the upper trendline. If you’re not in a long position already, you should wait for a retracement towards 6410 to pick a long term long position with your take profit at 6775.90.

Trade Recommendations:

we’re long towards 6775.90.

101% Double the volume

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