BTCUSD chart, minute level: Elliott Waves and Support Levels.

dkn(47)
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9y

OK, folks!

The first minute-level impulse seems to be done and now I see the corrective movements:
corr.png

I do not think it will be the deep correction, so my plan is to buy in and set the stop-loss near $10 250.

The abstract picture of my primary scenario:
abs.png
If the pattern is correct the 3-rd wave can bring us to the over-16000-bucks heights.

Currently, my target is 11 600. I will wait for the confirmation of my scenario and if we will get to the top of the (1) wave I will pull my stop-losses a bit higher.

Stay tuned!

BTCUSD chart, minute level: Elliott Waves and Support Levels. | Ecency