BTCUSD 30M Elliott Wave – Bullish Continuation After Wave (4)

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BTCUSD 30M Elliott Wave – Bullish Continuation After Wave (4) BitcoinCRYPTO:BTCUSDBitcoinprofitableOn the 30-minute chart, BTCUSD shows a clear Elliott Wave structure progressing into a higher-degree impulsive trend. The market appears to have completed wave (3) with strong bullish momentum, followed by a corrective wave (4) forming a descending structure. This pullback remains above key support, indicating a healthy correction rather than reversal. The projected wave (5) suggests a continuation toward higher resistance levels near the trendline. Overall structure favors bullish continuation as long as price respects the ascending channel and holds above the previous higher low. Entry Point: Buy near wave (4) completion (support zone around previous swing low) Exit Point: Take profit near projected wave (5) resistance Stop loss below wave (4) low