BTC/USD BITCOIN Elliott Wave Analysis 25th Oct 2020

 Bitcoin Wave Analysis :


Bitcoin elliott wave analysis

II wave: 61.8% retracement of I wave. It is considered a deep wave.

III wave: 223.6% of I wave

 IV wave Forecast : 

23.6 % retracement @ 12500

38.2% retracement @ 12050

First Lot Buy @ 12500 & If price test 12050

then average buy with SL 11700

Target I: 13700
Target II: 14500


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