Hello Everyone,
Wonders never cease to amaze me. BTC was supposed to retrace towards 3500 only making it halfway. The bearish wedge stalled halfway down forming a spinning top then 2 hammer candles which in turn caused a reversal. The reversal made a journey to what appears to be a bullish flag. Time of writing: 01.00 am PST.
You can see on the chart the possibility of an elliot wave formation.
Cheers
Wonders never cease to amaze me. BTC was supposed to retrace towards 3500 only making it halfway. The bearish wedge stalled halfway down forming a spinning top then 2 hammer candles which in turn caused a reversal. The reversal made a journey to what appears to be a bullish flag. Time of writing: 01.00 am PST.
You can see on the chart the possibility of an elliot wave formation.
Cheers