BTC is still working under lower highs and lower lows, so bulls have levels to reclaim before this downtrend can be considered over at multiple degrees.
The main bull levels I’m watching:
• 60,708.90
• 61,862.27
• 63,171.19
• 65,000
A clean break through these levels would start shifting the structure back toward upside delivery. Until then, bulls still have work to do.
On the bearish side, 58K remains the key area to watch. If BTC loses that area, the downside structure can continue.
For Elliott Wave, we may have a completed zigzag up and a zigzag down already printed, but the count still needs more price action for clarity. If these are stacked side-by-side zigzags, BTC may be setting up for more sideways movement here.
The cleaner bearish path would be an impulsive or motive move lower, potentially completing another leg of the larger-degree downside structure from the 83K region.
For now, I’m watching whether bulls can reclaim the listed levels, or whether this remains corrective and rolls over again.
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Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
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More on the TradeDevils Discord discord.gg/p9bjnpwnMc
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
Trade Devils University Sensei: tradedevils.com/my-account/?ref=ebquu4
Certified Elliott Wave Analyst Master: t.co/2GQ7uSjJVG?amp=1
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這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
