Checkmate3355

Checkmate3355 Updated 

BTC broken down from rising wedge pattern as we expected! Enjoy the profits

Checkmate3355

BTC seems to have completed 1-5 Impulse Elliott Wave pattern. Now its time for correction! BTC also forming a rising wedge pattern, breaking down will confirm the correction wave pattern. We can expect a pullback at least towards $23600 in coming 2-3 weeks.

Checkmate3355 Updated 

BTC is currently forming a Rising Wedge pattern with proper Elliott Wave Counts. We can expect Wave 5 to reach around $25250, from where it may start dropping and breaks below the Rising Wedge Pattern. 1 Day 100 MA is also around @25200 currently. So a rejection can lead to this drop. We can expect a 15% drop into $21500 levels next week. >> This is not a...

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This looks like Zig Zag correction. A wave ended at $53000 B wave bounce till $58000 Now turn for C wave, I'm guessing, till 61.8% golden fib level ~$51500 This trade setup Invalid above $59000

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I have seen many bearish views saying this is B wave of ABC correction. But looking at the waves in smaller time frames, it looks like we are into final impulse wave. 4th wave seems like an Expanded Flat Correction. Wave 5 target would be either $65000 or $71000 depends on smaller time frame wave patterns.

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Yesterday BTC broke the strong trend line resistance and now it has been retested. It got bounced right off the trend line and followed by a bullish engulfing 4H candle which confirming it. Now we can aim for our last Fib based target at $30,000+

Checkmate3355 Updated 

>>> Bounced from 21 daily MA on June 9th. >>> Breakout from descending triangle structure with daily candle close. >>> 157-165 acting as resistance atm. If price breaks above 165 and flips this resistance level into support, then its bullish. >>> Next major resistance in case of breakout will be 248-262 (~60%). Good luck

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>>> Broken out from a falling wedge. Closed above 100 MA. >>> From the looks of it, this weekly close will be above 21 MA. Once it close above 200 MA and retest the support, we may see a pump towards the resistance. Main resistance: 3382- 3766 (80-100%)

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>>> Broken out from the falling wedge with strong daily candle. >>> Bullish divergence showing in weekly charts. >>> Currently trying to close above 200 MA. Once it close above 200 MA and retest the support, it can give 60%. Main resistance: 2906-3010 (60%)

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>>> Broken out from a downtrend. But still under 21 weekly MA. >>> Price is testing the 200 daily MA resistance for 4th time in a month. Likely to get broken this time. A successful break and close above 200 MA will turns this into bullish. Wait for breakout and retest of support to buy the coin. Main Resistance: 11300-11619 (70%)

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>>> Daily candle closed above 21 MA. >>> Double bottom at 2400. >>> Testing the horizontal resistance at 2750-2800 for the 4th time in 2 weeks. Likely to break this time. On successful break of resistance, wait for a retest to buy. Stop Loss below 2400. Resistance: 3462-3536 (25%) Since its a newly listed coin, other resistance area cant be known atm.

Checkmate3355 Updated 

>>> Weekly closed above 21 MA. >>> Looks like we might get a daily candle above 200 MA. 35-37 satoshi would be a good entry. >>> 1st Resistance: 50-55 (25%) >>> Main resistance: 80-86 (100%)

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>>> Weekly closed above 21 MA. >>> Double bottom at 47 sats . >>> Broken out from the down trending line. Currently trying to break above 200 MA and 50 weekly MA at same time. Successful daily candle close above 200 MA and retest is the time to enter. Main Resistance: 139-180 sats (80%)

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>>> Weekly closed above 21 MA. >>> Double bottom at 205 sats . >>> Already closed above 200 MA, we just need to break out of structure. Confirm the breakout, and buy the retest of support. 1st Resistance: 400 sats Main Resistance: 584-650 sats (80%)

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>>> Weekly closed above 21 MA. >>> Double bottom at 90 sats. >>> Currently trying to break out from down trending line and 200 MA resistance. Successful breakout & daily candle close above 200 daily MA can turns this into bullish. Confirm the breakout, and buy the retest of support. Main Resistance: 185-200 sats (50%)

Checkmate3355 Updated 

>>> Weekly closed above 21 MA. >>> Breakout from falling wedge with daily candle close. >>> A daily close above 200 MA will makes this bullish. >>> 1st Resistance: 2350-2500. >>> Main resistance: 3150-3450.

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>>> Weekly closed above 21 MA. >>> Breakout from falling wedge with daily candle close. >>> Broken resistance level (4550-4900) and flipped into support. >>> A daily close above 200 MA will makes this bullish . >>> 1st Resistance: 7780-8300 (50%) >>> Main resistance: 9800-10600 (90%)

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>>> Weekly closed above 21 MA. >>> Breakout from falling wedge with daily candle close. >>> A strong daily close above 200 MA will makes this bullish. >>> 1st Resistance: 38-41 >>> 2nd Resistance: 50-56 >>> In case of ultra bullish, 3rd Resistance: 95-107