Elliott waves crypto analysis – we’re short from 6478.18

BTC –

Wave Analysis

Bitcoin is still below the hourly level 6478.18. Following the corrective wave count seen previously, as long as the price remains below 6478.18, we expect further momentum to the lowerside, the anticipated bearish price rally is the continuation of the previously corrective wave count and should break below 6037.40. If this is the case, then we’ll expect further momentum to the lowerside with an ultimate target at 5964.30. On the other side, should the price break above 6478.18, then a rally further upwards is expected.

Trade Recommendations:

we’re short from 6478.18

101% Double the volume

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