kofc

In the rising trend, the C wave is targeted with a schedule C wave is over $ 8 target.

Both dia and on the correction side of the upward side of the upward side, after the 2.67 band will rise above $ 3.

In candlestick charts, the W part is usually shown as ABC, but in "line view," by tracking volumes, it is rarely possible to see an internal wave as 1-5. Our expectation is that the Y wave will continue with a sell-off.Elliott Wave Theory rules for W, X, and Y corrections (double zigzag or other combinations):W Wave:It is generally a zigzag (ABC), a corrective structure (e.g., flat or expanded flat), or a more complex formation.However, the most common is a zigzag (ABC) structure.X Wave:The X wave is typically a connecting wave and usually forms a corrective structure (zigzag, flat, or triangle).The X wave is generally expected to make a smaller retracement compared to W.Y Wave:The Y wave also typically forms a zigzag (ABC). However, it may be the second part of a double zigzag or a more complex formation.While W does not have to consist solely of an ABC structure, the zigzag (ABC) formation is the most common. Other possibilities (flat or more complex corrections) are also valid. It is essential to consider the overall context of the formation and market conditions during Elliott wave analysis.

In normal candlestick charts, although the W side is shown as ABC, it is very rare for the inner wave to be 1-5 by following the volumes in the "line view". Our expectation is that the Y wave will continue with sales. In Elliott Wave Theory, the general rules for W, X and Y corrections (double zigzag or other combinations) are as follows: W Wave: It can usually be a zigzag (ABC), a corrective structure (e.g. flat or expanded flat), or a more complex formation. However, the most common is a zigzag (ABC) structure. X Wave: The X wave is usually a connecting wave and mostly has a corrective structure (it can be zigzag, flat, or triangle). The X wave is usually expected to make a smaller retracement compared to the W. Y Wave: The Y wave is also usually formed as a zigzag (ABC). However, it can be seen as a double zigzag or as the second part of a more complex pattern. W Inside doesn't have to be just an ABC pattern, but the zigzag (ABC) pattern is most common. Other possibilities (flats or more complex corrections) can also be valid. It is important to consider the general context of the pattern and market conditions during Elliott wave analysis.

A BTC that continues its path after a new correction within the ascending channel.

The impact of the US elections on the world economy is a fact that is accepted by everyone. The results of the US presidential elections to be held on November 5th this year in particular will play a decisive role in the markets. Trump's re-election could be a significant turning point, especially for financial markets. In such a scenario, a liquidity flow to the markets could positively affect assets such as Bitcoin in particular. In this context, the potential for BTC to rise above the $73,000 level is quite strong. From a technical perspective, it seems likely that a new upward wave will begin in the market. The first stage of this rise may be shaped by a formation called the "leading diagonal". If the price makes a downward correction when this formation is completed, an upward movement can be expected again from the 0.618 or 0.786 Fibonacci retracement levels. These levels will serve as important support zones for the price to regain strength and climb upward. In summary, the potential liquidity that the US elections will bring to the markets and indicators in technical analysis strengthen the possibility of Bitcoin exceeding the $73,000 level in the coming period. During this process, it is important for investors to carefully focus on technical levels and macroeconomic developments.

According to Elliott Wave Theory, wave X in a WXY correction can sometimes form a triangle pattern, but this is rare. Wave X is usually a corrective wave, often taking the form of a zigzag, flat, or other complex correction. Triangles are usually expanding or contracting and usually appear when the market is in consolidation and expects a change in trend. Triangles are usually found in the final wave (such as wave B or wave 4). However, in complex corrections such as WXY, a triangle formation can sometimes occur within wave X, especially when wave X is in a consolidation phase. In a WXY correction, wave X usually represents the intermediate correction of the previous move, and a triangle formation may be suitable for this structure, but this situation requires careful analysis. In the current rally, the peak of X is considered a long (LONG) entry point. A rally towards wave C of the larger structure ABC is observed.

According to Elliott Wave Theory, in a WXY correction, the X wave may sometimes form a triangular pattern, but this is uncommon. The X wave is typically a corrective wave and, in most cases, takes the form of a zigzag, flat, or another complex correction. Triangles are usually expanding or contracting and are often seen during market consolidation and when a change of direction is expected. Triangles are generally found in the final wave (such as wave B or wave 4).However, in complex corrections like WXY, a triangular formation within the X wave can occur occasionally, especially when the X wave is undergoing a consolidation phase. In the WXY correction, the X wave typically represents the intermediate correction of the previous move, and a triangular formation may be suitable for this structure, but such a situation requires careful analysis.In the current rise, the X peak is an entry point for a LONG position. An increase towards the C wave of the large ABC structure is observed.

According to Elliott Wave Theory, in a WXY correction, the X wave can sometimes form a triangle pattern, but this is not common. The X wave is usually a correction wave and in most cases it forms in the form of a zigzag, flat or other complex correction. Triangles are usually of the expanding or contracting type and are usually seen when a consolidation and change of direction are expected in the market. Triangles are usually seen in situations such as the last wave (e.g. B wave or 4th wave). However, in complex corrections such as WXY, a triangle formation can rarely be seen within the X wave, especially when the X wave is more consolidating. In a WXY correction, the X wave typically represents an intermediate correction of the previous move and the triangle pattern may be suitable for such a structure. In the current rise, the X peak is the entry point for buying LONG. An increase towards the C of the large ABC structure is observed.

In the green ABC structure, wave A structure from 1 to 5 has been completed, green correction B has ended, and wave C appears to have started. To fully confirm wave C, the fourth blue correction wave must bounce off the trend line and reach the 0.5 Fibonacci level. After that, the lower price is expected to form a new order, pushing it towards the fifth wave.