BTC/USD, H1 timeframe:
According to Elliott's theory, the formation of a global corrective trend for the BTC/USD pair is seen. The second half of a large impulse wave (A), which is the first wave of this trend, is shown on the hourly timeframe.
It seems that the impulse wave (A) is fully done. Therefore, the price began to build a new bearish wave after its completion. We see the initial part of the bearish correction, or rather its first impulse wave.
To date, sub-waves 1 and 2 have been fully completed. The initial part of the third wave is being formed on the last section of the graph. The exchange rate is expected to decline to the level of 57673.35 in the near future, where a small impulse sub-wave [1] of a smaller wave level, consisting of sub-waves (1)-(2)-(3)-(4)-(5), can be completed. After that, it is expected to grow in a bullish correction [2], which will not be big.
In the current situation, opening sell deals can be considered.
Trading recommendations:
It is suggested to sell from the current level. Take profit is noted at 57673.35.
美國聯邦儲備委員會今日的政策會議可能會對加密貨幣市場提供推動力。即便委員會只是稍微暗示九月可能降息,也足以引起市場反應。
比特幣和以太坊繼續在相同價位附近交易,市場動態沒有顯著變化。 如果目前的價格使這些資產看起來過於昂貴,也許值得將注意力轉向其他選擇。
比特幣繼續在狹窄的橫向通道中交易,突破將決定其下一步走勢。以太坊顯示出相同的模式。
當我們觀察加密貨幣市場的修正時,總有一些人會抓住這一時刻,積極購買打折的資產。 根據分析智庫報告,許多公司已經開始在資產負債表上累積比特幣。
比特幣已經收復上週的全部失地,現在距離12萬美元關口僅一步之遙。以太坊也有顯著增長,超過了3900美元關口。
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