An uptrend must be in progress (Bullish Meeting Line Pattern). I can make a "fairly" decent argument for a motive phase. ZigZag (ABC), a complete cycle of 3 waves: As a result, a massive recovery effort is under way! Target -1 = $ 0.042 (would be a reasonable target) Target -2 = $ 0.05 *chart pattern on monthly.
I don't think it needs much explanation. What's going on: The Big Move (Inescapably clear!): Target: I personally believe we are heading to (at least) $ 35000 (as we are about to see).
I drill down to greater detail: (As shown on this chart) Satisfies all rules under the Wave Principle
5-3-5 (Inverted) Wave A: The rise from 2020 to 2021 was wave A. Wave B: 2021-2022 was a "B" wave. Wave C: The other two did. Wave C = 100% or 123.6% of wave A Target ( Bull flag <----> Wave C = Wave A) = $ 160k Do you have the patience to wait for a bull flag pattern to develop? Appendix: Wave B (Expanded Flat):
Don't get blindsided with the bear calls (wait and don't hurt yourself).
You would have to be a brave trader to short the BTC In the coming month. Wave 2: Expanded Flat. Wave 4: Check out my previous analysis: -Actual Size (Linear scale).
I personally believe we are heading to (at least) $ 34600 (as we are about to see). Target= 18900+15700 = $ 34600
As shown on this chart, there is a lot you can tell from a chart (Buy signal, Sell stop, Sell signal and ...). My diagnosis of the pattern (Pessimism to optimism (rest and again up!)) Anyway, I might still be right in my analysis Target = $ 36000 (If my analysis is correct) Long = $ 32000
As shown on this chart, I) Wave B > Wave A ----> Wave X should be a flat wave. As a result, subdivision of wave A & B can be in any corrective "3 waves structure" ("B" waves have a count of 3 (move in 3, but, never in 5 !)) II) Impulse waves have a total count of 5 Take a good look, what do you see? a 5-waves structure (Wave B). III) As shown on this...
To which do you give more attention, the words of charts (patterns) or the words of bears? Looks bullish to me. Target = $ 36000 Long = $ 32000 Stop loss = $ 28235
A possible path for the upcoming days (Target = $ 36000). There is reason to this. According to my understanding, the news is "probably" still bearish but market makers show their hand by continually buying.
Wave 3 depends on wave 1 Target-1 = $ 45 Target-2 = $ 95 Target-3 = $ 300 Appendix: ETC is not a security ! Stop loss = $ 12
It's about sending a message: "You Can't Stop Bitcoin" Why is Bitcoin going up (I cover in greater detail)? Technical Section: looking at the bigger picture Wave A: The rise from 2020 to 2021 was wave A. A implies B Wave B: 2021-2022 was a "B" wave. Wave C: if B is true, then C is also true. Wave C = 100% of wave A (Target = $ 160k , the...
This may keep going? Now where are we? Target-1 = $ 0.019 (not financial advise) Technical Section: 5-3-5
In Sunday's update, I indicated that: "I am bearish, I hope we find support at 27k, BTC = $ 30300"' As shown on this chart, the market declined but not very much! In a nutshell; Take the money and run (BTC needs another rest (ZigZag) and again up!). Target = $ 26500- $ 27000 My Trades: 1- I bought at $ 16684 (sold at $ 30328) 2- Short @ $ 30300 I love...
You can find 1:1 relationships everywhere. As shown on this chart, the relationship (between Bitcoin and gold) is one-to-one. Primary Bull Market (there are traces and shadows of it everywhere): As I've warned before, the bear is officially over.
The best of the best ... Target range : high Reliability : high RSI (1D, 1W) : high Volume (flag pole) : really high Confidence : very high appendix: (Elliott Wave Theory)