#Elliott Wave #Swing Trading
BTC hit the upper edge of the unfilled gap up left behind in Nov’24 (the the cyan band).
In an up trending market, an upper edge of the old unfilled gap up works as a strong support.
Quite often when price comes back down to test such an unfilled gap it fails to fill that gap from the get go.
We may get at least a nice bullish bounce off that support. In a bullish scenario I would expect bulls to push BTC to a new all time high from here:

BTCUSD 120 min chart
$COIN looks very attractive to me as well:

COIN Daily chart
We got a clean a-b-c down decline that hit the Green Target box:

COIN Daily
That bullish wave count allows bulls to push $COIN over $500.