Bitcoin is still on a rampage, crushing new highs and testing that ever so sought after $10K mark. We are solidly pressing the upper bound of the Kovach Reversals Indicator, which usually portends a reversal, but there is overwhelming momentum confirmed by both of the Kovach Momentum Indicators.
We appear to be solidly in Wave 3 of the impulse of a 5-3 Elliott Wave, confirmed already by new highs. Although $10K is easily in view today, we also have the following levels given the Fibonacci extension: $10,900 and $15,700.
Consider HODL-ing or taking some profits, but $10K BTC is upon us!
If you like the Kovach Reversals and Momentum Indicators, check out quantguy.net/indicators! Also check out the Crypto specific indicators.
We appear to be solidly in Wave 3 of the impulse of a 5-3 Elliott Wave, confirmed already by new highs. Although $10K is easily in view today, we also have the following levels given the Fibonacci extension: $10,900 and $15,700.
Consider HODL-ing or taking some profits, but $10K BTC is upon us!
If you like the Kovach Reversals and Momentum Indicators, check out quantguy.net/indicators! Also check out the Crypto specific indicators.
Join my discord at discord.io/quantguy
