@HydraTrades_HT@rektfencer If the closing price is above 82k8, that would confirm the uptrend, and then I would wait for a long-term buying opportunity.
$BTCUSD
I think BTC is completing wave (e) of the triangle pattern, then it will rise in wave c and also move in a head and shoulders pattern. The target is the 72k region.
@i_am_jackis According to Elliott Wave theory, the correction from 2021 to the present is wave (II). Therefore, wave (III) in the coming years is entirely possible.
$BTC, Currently, BTC is forming a bottom (expected in October). Based on the data, I think there are two possible chart patterns between now and October. Target area 50k
Currently, $XAU and $XAG are in a correction phase and often fluctuate in parallel. I think the $xau and $xag charts below are quite similar and consistent with this correction phase.