Elliott waves analysis

The assumption about a developing leading diagonal appears to be holding for now. The price bounced off the upper boundary of the pattern and has started to decline slowly. It is expected to reach the lower boundary of the diagonal during today’s session, followed by a resumption of upward movemen

Bitcoin has finally broken through the significant resistance level it had bounced off twice before. However, the key question is whether buyers will be able to hold the price at these new highs. The current wave pattern indicates that the upward move has completed an impulse. What was previously

During the last trading day, the index moved slowly downward. At one point, however, buyers attempted a sudden upward breakout to test sellers’ resolve. While this caused a sharp spike, sellers quickly responded and pushed the price back down. As a result, a new local low was established, and the