BTC/USDT
BTC/USDT Opened at $21704.37 moved up to an intraday high of $21834.99, dropped to a low of $21527.00 and is now so far trading at the $21745 and change.
BTC/USDT has put in a new downside directional low at $21527.00. From the daily nothing has changed from the Elliott Wave stand point as blue Intermediate Degree (B) is most likely developing.
Elliott Wave Update:
From the 1-hour Blue Minuette (iii) counts complete. Price can still push down extending Subminuette Degree iii further down. A move above the red trend line is need to confirm blue Minuette (iv) move to upper channel resistance.
The benchmark crypto has put in a new downside directional low at $21527.00. From the daily nothing has changed from the Elliott Wave stand point as blue Intermediate Degree (B) is most likely developing.
From the 1-hour Blue Minuette (iii) counts complete. Price can still push down extending Subminuette Degree iii further down. A move above the red trend line is need to confirm blue Minuette (iv) move to upper channel resistance.
