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ETH: Wave IV defended the 0.5β0.618 zone (3.53kβ3.20k). While above 3.87k (0.382), base case is Wave V to 5.1β5.5k. Invalidation below 3.20k. #ETH#ElliottWave#Crypto
π― Bitcoin has completed a full 5-wave impulse and just tapped the 0.618 Fibonacci zone β a classic reversal area.
β‘οΈ Structure confirms exhaustion of Wave 5.
β‘οΈ From here I expect a corrective phase and the beginning of a new bear market.
#crypto#btcusd
Total market cap without top 10 coins, I think the comment is unnecessary! I see no reason to make new highs after the 5 waves have been completed and an ABC correction follows! #BTCUSDT#crypto
BTC refuses from 0.618, after the last peak it made a Choch and also formed an ABC correction which leads to a minimum of 100k! #btcusd#crypto#Elliottwave