Elliott Waves on BTC and MATIC show different structures
|BTC's bounce has not seen much of a follow through so far and with a corrective-looking structure keeping pressure real it's highly unlikely to be the low CT has been calling for. MATIC, on the other hand, has printed a bullish strucutre over the past few days, and should it manage to hold above certain invalidation levels it might even begin to ascend to fresh multi-week highs. Want to know what to look out for? Watch the video below now:
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.