📊 4H TIME FRAME — The scenario is still in place
The scenario is still relevant: we expect a bearish move in the short term, followed by a bullish scenario targeting and reaching 67K. 📉➡️📈
🌊 Elliott Wave Structure
🔹 W: Upside ZigZag in July
🔹 X: WXY Double ZigZag
↳ We are currently working on Wave B from Y
🔹 Y: Upside ZigZag during August / September
🎯 Swing Long area of interest:
61K area
If the price reaches the 61K area, we will monitor the structure and confirmations there and update you regarding the Long opportunity.
🧠 Core idea:
Short-term bearish → Swing long around 61K → bullish move toward 67K.
The scenario is there, but we are waiting for the price to reach the zone and give us confirmation. 📊🎯
The scenario is still relevant: we expect a bearish move in the short term, followed by a bullish scenario targeting and reaching 67K. 📉➡️📈
🌊 Elliott Wave Structure
🔹 W: Upside ZigZag in July
🔹 X: WXY Double ZigZag
↳ We are currently working on Wave B from Y
🔹 Y: Upside ZigZag during August / September
🎯 Swing Long area of interest:
61K area
If the price reaches the 61K area, we will monitor the structure and confirmations there and update you regarding the Long opportunity.
🧠 Core idea:
Short-term bearish → Swing long around 61K → bullish move toward 67K.
The scenario is there, but we are waiting for the price to reach the zone and give us confirmation. 📊🎯