The Elliott wave indicates the index is in a 3rd wave, with an ideal target of approximately 7250, followed by a 4th-wave pullback to ~7100 and another 5th-wave rally to approximately 7345-7490.
Whenever I'm scanning through charts for potential trading ideas, the most important thing for me is identifying a clear, recognizable wave structure. If the structure is clear, you can spot a ...
Don't call the top yet, market analyst specializing in the Elliott wave theory, told CoinDesk. He added that bitcoin BTC $89,537.11 will rally to around $140,000 this year before slipping into a bear ...
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