BTCUSD Elliott wave Theory Update:
BTCUSD Look bearish as per Technical analysis Chart.
look Elliott wave in 6 hours Time Frame.
1,2,3,4,5,A,B wave is Completed and now waiting for C correction wave.
so if BTC will drop then my Target is $7846.
$7846 is also very Strong Support and 340MA support also.
if You check chart then you can see 1,2,3 bearish Engulfing pattern also.
and same pattern are working now at this time.
so 1 and 2 bearish engulfing has been done and waiting for 3.
Support : If btcusd drop then I can expect $7846.
but keep an eye on support also.
Support: $9000/$8250/$7846
so this resistance is major support.
Resistance : In this chart $9550 is very strong resistance.
and if break then next resistance is $10180.
so if btcusd Breakout $9970 then this Elliott wave pattern is filled and after I will update soon next scenario on real time.
$10650 is very big resistance bear or bull fight.
if we breakout $10650 then we can see New all time high guys.
So please keep updated for every updates.
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