After the drop to under $10k yesterday, the support around $9600 looks to be holding rather well and price is bounding up from here. This could be a very good place to add to your bitcoin position. Short term target is around the $13000 area. Support and resistance lines can be seen in the chart and it is self explanatory.
Disclaimer - This is for educaitonal purposes only.
I don't use elliot wave, I don't use indicators of any kind, I trade just reading the chart as it is and drawing some lines. I find it is the best method for me, beats using indicators that are lagging and giving you late signals.