Elliott waves analysis

Volatility in the trading instrument is expected to significantly decrease in the near future. This is due to the formation of a corrective structure, which is considered a simple zigzag. Within this zigzag, Wave a has formed, and today, Wave b is presumably completed. If this is indeed the case,

Bitcoin persistently aims to update its historic high, bringing the price close to the desired value. However, this growth is still perceived as a corrective wave in an emerging downward movement. At the moment, the price is in an excellent spot for entering sell trades, as the potential risk is m

The index value continues to compress, presumably forming a terminal diagonal triangle. In the coming days, this model is likely to attain its final form, thereby completing the development of the entire upward impulse. In this case, a strong downward movement is expected, which can be pursued. To