Elliott waves analysis

The price once again failed to rise, casting doubt on the accuracy of the wave scenario under consideration. This necessitated a revision of the markup and exploration of alternative possibilities. It may turn out that Wave 3 of the presumed upward impulse has already formed. In that case, the aim

Bitcoin made another attempt to move toward its previously lost price levels. Moderate growth was achieved, and the cryptocurrency is now undergoing a test of resilience as it faces pressure from sellers. If Bitcoin manages to withstand this pressure, it will serve as a strong buy signal in the me

The situation with the trading instrument has been evolving precisely in line with the scenario under consideration. The start of the trading week was disappointing for buyers, as the price updated its local low, but sellers failed to capitalize on their success, and the index value quickly return