The post Zig-zag correction offers a blue box area appeared on BitcoinEthereumNews.com. ! In today’s update, we’ll revisit the Elliott Wave structure of Bitfarms Ltd. ($BITF) and provide insights into the next phase of its price action. You can check the last article here. As anticipated, a Zig-Zag (ABC) pattern is unfolding, approaching a critical support zone where buyers have historically stepped in. Let’s break down the key developments. Five wave impulse structure + ABC correction $BITF daily Elliott Wave view October 28th 2025 $BITF daily Elliott Wave view November 18th 2025 last update, $BITF has continued to decline,. The stock is now approaching the blue box area, where buyers may step in. Here’s how the structure is unfolding so far: 1. The first leg lower, labeled wave (A), has already formed, marking the initial phase of the pullback. 2. This was followed by a bounce in wave (B), which failed and broke below wave (A). 3. The stock is now trading in wave (C) of the larger wave ((2)) correction, which should target the area at $2.00–$0.67. Blue box area: A key buying opportunity The Blue Box area represents a high-probability reversal zone where buyers could re-enter for the next bullish cycle. This correction, which follows the 5-wave impulse, allows the market to reset and create new opportunities for traders. §  Wave Structure: Corrections typically unfold in 3 swings (ABC), with wave (C) often extending into the Blue Box. As $BITF approaches this zone, traders should closely monitor price action for signs of reversal and a resumption of the larger uptrend. What’s next for $BITF? Once wave ((2)) completes in the Blue Box area, we expect $BITF to resume its bullish trend with a rally in wave ((3)). This next impulsive move could take the stock to new highs, continuing its uptrend. Conclusion The current correction in Bitfarms Ltd. ($BITF) aligns with our Elliott Wave analysis and offers a strategic buying opportunity. As the stock approaches the $2.00–$0.67 area, traders should prepare to capitalize on the next leg… The post Zig-zag correction offers a blue box area appeared on BitcoinEthereumNews.com. ! In today’s update, we’ll revisit the Elliott Wave structure of Bitfarms Ltd. ($BITF) and provide insights into the next phase of its price action. You can check the last article here. As anticipated, a Zig-Zag (ABC) pattern is unfolding, approaching a critical support zone where buyers have historically stepped in. Let’s break down the key developments. Five wave impulse structure + ABC correction $BITF daily Elliott Wave view October 28th 2025 $BITF daily Elliott Wave view November 18th 2025 last update, $BITF has continued to decline,. The stock is now approaching the blue box area, where buyers may step in. Here’s how the structure is unfolding so far: 1. The first leg lower, labeled wave (A), has already formed, marking the initial phase of the pullback. 2. This was followed by a bounce in wave (B), which failed and broke below wave (A). 3. The stock is now trading in wave (C) of the larger wave ((2)) correction, which should target the area at $2.00–$0.67. Blue box area: A key buying opportunity The Blue Box area represents a high-probability reversal zone where buyers could re-enter for the next bullish cycle. This correction, which follows the 5-wave impulse, allows the market to reset and create new opportunities for traders. §  Wave Structure: Corrections typically unfold in 3 swings (ABC), with wave (C) often extending into the Blue Box. As $BITF approaches this zone, traders should closely monitor price action for signs of reversal and a resumption of the larger uptrend. What’s next for $BITF? Once wave ((2)) completes in the Blue Box area, we expect $BITF to resume its bullish trend with a rally in wave ((3)). This next impulsive move could take the stock to new highs, continuing its uptrend. Conclusion The current correction in Bitfarms Ltd. ($BITF) aligns with our Elliott Wave analysis and offers a strategic buying opportunity. As the stock approaches the $2.00–$0.67 area, traders should prepare to capitalize on the next leg…

Zig-zag correction offers a blue box area

2025/11/20 01:02

! In today’s update, we’ll revisit the Elliott Wave structure of Bitfarms Ltd. ($BITF) and provide insights into the next phase of its price action. You can check the last article here. As anticipated, a Zig-Zag (ABC) pattern is unfolding, approaching a critical support zone where buyers have historically stepped in. Let’s break down the key developments.

Five wave impulse structure + ABC correction

$BITF daily Elliott Wave view October 28th 2025

$BITF daily Elliott Wave view November 18th 2025

last update, $BITF has continued to decline,. The stock is now approaching the blue box area, where buyers may step in. Here’s how the structure is unfolding so far:

1. The first leg lower, labeled wave (A), has already formed, marking the initial phase of the pullback.

2. This was followed by a bounce in wave (B), which failed and broke below wave (A).

3. The stock is now trading in wave (C) of the larger wave ((2)) correction, which should target the area at $2.00–$0.67.

Blue box area: A key buying opportunity

The Blue Box area represents a high-probability reversal zone where buyers could re-enter for the next bullish cycle. This correction, which follows the 5-wave impulse, allows the market to reset and create new opportunities for traders.

§  Wave Structure: Corrections typically unfold in 3 swings (ABC), with wave (C) often extending into the Blue Box.

As $BITF approaches this zone, traders should closely monitor price action for signs of reversal and a resumption of the larger uptrend.

What’s next for $BITF?

Once wave ((2)) completes in the Blue Box area, we expect $BITF to resume its bullish trend with a rally in wave ((3)). This next impulsive move could take the stock to new highs, continuing its uptrend.

Conclusion

The current correction in Bitfarms Ltd. ($BITF) aligns with our Elliott Wave analysis and offers a strategic buying opportunity. As the stock approaches the $2.00–$0.67 area, traders should prepare to capitalize on the next leg of the uptrend. Stay patient, focus on risk management, and let the Elliott Wave structure guide your decisions.

Source: https://www.fxstreet.com/news/bitfarms-ltd-bitf-update-zig-zag-correction-offers-a-blue-box-area-202511191314

Piyasa Fırsatı
ZIGCOIN Logosu
ZIGCOIN Fiyatı(ZIG)
$0.062922
$0.062922$0.062922
-1.43%
USD
ZIGCOIN (ZIG) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen service@support.mexc.com ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

‘One Battle After Another’ Becomes One Of This Decade’s Best-Reviewed Movies

‘One Battle After Another’ Becomes One Of This Decade’s Best-Reviewed Movies

The post ‘One Battle After Another’ Becomes One Of This Decade’s Best-Reviewed Movies appeared on BitcoinEthereumNews.com. Topline Critics have hailed Paul Thomas Anderson’s “One Battle After Another,” starring Leonardo DiCaprio, as a “masterpiece,” indicating potential Academy Awards success as it boasts near-perfect scores on review aggregators Metacritic and Rotten Tomatoes based on early reviews. Leonardo DiCaprio stars in “One Battle After Another,” which opens in theaters next week. (Photo by Jeff Spicer/Getty Images for Warner Bros. Pictures) Getty Images for Warner Bros. Pictures Key Facts “One Battle After Another” boasts a nearly perfect 97 out of a possible 100 on Metacritic based on its first 31 reviews, making it the highest-rated movie of this decade on Metacritic’s best movies of all time list. The movie also has a 96% score on Rotten Tomatoes based on the first 56 reviews, with only two reviews considered “rotten,” or negative. The Associated Press hailed the movie as “an American masterpiece,” noting the movie touches on topical political themes and depicts a society where “gun violence, white power and immigrant deportations recur in an ongoing dance, both farcical and tragic.” The movie stars DiCaprio as an ex-revolutionary who reunites with former accomplices to rescue his 16-year-old daughter when she goes missing, and Anderson has said the movie was inspired by the 1990 novel, “Vineland.” Most critics have described the movie as an action thriller with notable chase scenes, which jumps in time from DiCaprio’s character’s early days with fictional revolutionary group, the French 75, to about 15 years later, when he is pursued by foe and military leader Captain Steven Lockjaw, played by Sean Penn. The Warner Bros.-produced film was made on a big budget, estimated to be between $130 million and $175 million, and co-stars Penn, Benicio del Toro, Regina Hall and Teyana Taylor. When Will ‘one Battle After Another’ Open In Theaters And Streaming? The move opens in…
Paylaş
BitcoinEthereumNews2025/09/18 07:35
XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025?

The post XRP Price Prediction: Can Ripple Rally Past $2 Before the End of 2025? appeared first on Coinpedia Fintech News The XRP price has come under enormous pressure
Paylaş
CoinPedia2025/12/16 19:22
DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

DMCC and Crypto.com Partner to Explore Blockchain Infrastructure for Physical Commodities

The Dubai Multi Commodities Centre and Crypto.com have announced a partnership to explore on-chain infrastructure for physical commodities including gold, energy, and agricultural products. The collaboration brings together one of the world's leading free trade zones with a global cryptocurrency exchange, signaling serious institutional interest in commodity tokenization.
Paylaş
MEXC NEWS2025/12/16 20:46