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Elliott waves on BTC & SOL hint at short-term correction [Video]

$Bitcoin (BTC) reversed after registering a new swing high last week and its price action suggests more bearishness than it does bullishness. However, we night be in for a short-term upside dependent on whether we completed a flat or a triangle. $Solana (SOL) has a slightly different structure compared to bitcoin, but both seem to be moving along the same lines in the short term despite their patterns having some differences. Are we done with wave B, or shall we expect a triangle? For more details on which is the main and which the alternative scenarios check my weekly widely anticipated video below:  

Author

Stavros Tousios

Stavros Tousios

Independent Analyst

Stavros is leading the Investment Research Team at a reputable Forex broker. He has been involved in the financial markets since 2014 and in cryptocurrencies trading since 2017.

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