Bitcoin and Litecoin Elliott Wave analysis: More weakness in view

Bitcoin and Litecoin Elliott Wave analysis: More weakness in view

BTCUSD is bearish since the price reached new ATH but only with three waves so ideally that was big wave B as part of a big flat or a triangle formation, with more weakness in view in the near future as rally from 43400 unfolded in three waves. A broken trendline will be another confirmation of further weakness.

Bitcoin 4h Elliott Wave analysis

Looking into Litecoin, Lower lows and lower highs is a nice and strong bearish trend that recently slowed down at 126.40…


Source link

About bitcoin

Check Also

Bitcoin, Litecoin & Cardano– American Wrap 1 February

Bitcoin price plunged to its weekly low of $22,862 earlier today, as traders awaited the …

Leave a Reply

Your email address will not be published. Required fields are marked *