Elliott Forecast - Elliott Wave View: 5 Swing Sequence in Bitcoin (BTCUSD) Favors Higher

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Elliott Forecast

Eric Morera

Elliott Wave View: 5 Swing Sequence in Bitcoin (BTCUSD) Favors Higher

Short Term Elliott Wave View in Bitcoin (BTCUSD) suggests that rally from 8.5.2024 low is in 5 swing. As 5 swing is a motive sequence, this favors further upside in Bitcoin. 1 hour chart below shows the decline to 58,867 ended wave 2.

25/10/2024 1 EN

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Elliott Forecast

Elliottwave-Forecast.com (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients. ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, Cycles, Proprietary Pivot System, we provide precise forecasts with up-to-date analysis for 52 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary Actionable Trade Setups, Market Overview, 1 Hour, 4 Hour, Daily & Weekly Wave Counts. Weekend Webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

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Analysts

Eric Morera

Other Reports from Elliott Forecast

Eric Morera

Eric Morera

QQQ Produced Perfect Reaction Higher From Blue Box Area

In this technical blog, we will look at the past performance of the 1-hour Elliott Wave Charts of QQQ. We presented to members at the elliottwave-forecast.

19h / 1m 19h / 1m 2 EN

Eric Morera

Eric Morera

SPDR Health Care ETF $XLV Found Buyers At The Blue Box Area

Hello everyone. In today’s article, we will look at the past performance of the 1H Hour Elliott Wave chart of SPDR Health Care ETF ($XLV). The rally from 8.07.2024 low unfolded as 5 waves impulse. So, we expected the pullback to unfold in 3 swings and find buyers again.

19h / 4m 19h / 4m 3 EN

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Elliott Wave View: 5 Swing Sequence in Bitcoin (BTCUSD) Favors Higher

QQQ Produced Perfect Reaction Higher From Blue Box Area

SPDR Health Care ETF $XLV Found Buyers At The Blue Box Area

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