Elliott Waves on BTC, LUNA and FTM hint at correction [Video]

Bitcoin had a selloff earlier today but has managed to bounce at $42k and move higher since then, let alone since the lows identified last week. Luna also found support at the base channel low, somewhat validating the open diagonal pattern, and looking poised to soar to all-time highs. FTM trades near its previous all-time high, however, the upside looks more corrective than impulsive, suggesting we might be in for a flat pattern. All details, and a lot more analyses are in the video below:

 

This news is republished from another source. You can check the original article here

Be the first to comment

Leave a Reply

Your email address will not be published.


*