Elliott waves analysis

The euro continued to feel pressure from the dollar, leading to a further gradual decline in its exchange rate. As a result, the presumed corrective Wave 4 has stretched out in duration. It is still believed that it is taking the form of a flat, but buyers need to act and send the price into an im

Bitcoin continues its desperate struggle against seller pressure. However, it is managing to grow bit by bit. Each step is hard-won, as an instantaneous reaction forces the price to retract or standstill for a while. It is thought that over time, buyers will be able to break the resistance of thei

The trading instrument under consideration continues its recovery efforts. Reaching the 38.2% level of the previously formed downward wave, the price faced strong selling pressure and, unable to hold, retreated. Another attempt to grow is likely forthcoming, as the targets for the anticipated rise