As shown on this chart (28 Feb- 12 May), the market is in a sideways trend (clumsy indecision). Can't say that it annoys (to be honest) but, I can trust a thief to steal my car because he knows his job well, knows what he wants to do :) Indecision kills! What to do when you don't know what to do 1- Control Your emotions ;) 2- Nothing goes straight up...
Hey guys and girls, Here is an updated chart from my (Nov 12, 2023) post As you can see, this is only half of the battle! Further targets: $ 74k, $ 84k, and $ 100k Appendix: Structure: 5-3-5 (Inverted) Bitcoin halving countdown: 49 Days Technical Section: Wave 5 has two different relationships: 1- If wave 3 is less than 161.8% of wave 1 -----> the...
Medium-Term Fundamental analysis: Middle East Crisis (Iran and Israel) They run away from every fight (battle, war .. :) , we know this means "Decreasing tensions in the Middle East" Technical analysis: Wave C = 123.6% of Wave A Bulls see it as a sell signal Conclusion: This market needs a correction
In the gold market, the most commonly extended wave is wave 5. IMHO this chart most accurately gives a path. Chart pattern on weekly. I really like using higher time frames. DXY ( U.S. Dollar Index)
Chart pattern on monthly. I really like using higher time frames. Target-1 = $ 45 Target-2 = $ 95 Target-3 = $ 300 MACD (Daily Timeframe, Buy signal): Backdrop:
Hey guys and girls, Preamble: You must have a plan, (what are your targets? or where is your stop loss? or ... ) Why? because, without a plan, you tend to make decisions "emotionally" :) My vision: BTC is about to do the unthinkable. Technical Section: Pattern: Bull flag Candlestick Pattern: 8 to 10 new price lows Pattern description: bullish reversal...
Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Technical Section: Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did) Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to...
We may have new ATH. Explanation on chart. backdrop:
Hi everyone, In a lot of ways, (four days later!), BTC will not dip below $ 69K again. 1- Based on historical trends following the halving ... 2- Elliott Wave Theory! Proof of claim: As you know, wave ((1)) and wave ((4)) cannot overlap. For this reason, there is only one possibility for the long-term outlook. This can only mean one thing: BTC will not...
Who is important (holders who drive the price up) & who is not? Technical Section: This may keep going? let's keep going!
Robust Method (Understanding computational problems that appear intractable): If A, then B (if A is true, then B must be true) otherwise , there is no reason to panic.
When is the next one? Halving Countdown: (Apr 19, 2024 05:06:50 PM UTC) 78 days, 8 hours, 38 minutes, Technical section: We will see!
Looks Bullish to me Entry= $ 0.025 - $0.027 Target= $ 0.063 (+130%) Stop Loss= $ 0.018
You can make or lose a lot of money (very quickly). Target 1= $ 2100 Technical section:
Target = $ 2700 Pattern = Cup and handle Chart is self explanatory.
I firmly believe we are in a Great-Accumulation era. Technical Section: BTC is completing the fifth wave of the third wave of a five-wave rally. As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself. Extended Wave 5 = either 61.8% x length of (beginning of Wave 1 to top of Wave 3) ($ 90k) or =...
I sold everything today. Target 1= $ 1900 Target 2= $ 2100 I am Fibonacci biased . good luck
. . . too weak a word for the way I think. Explanation on chart. *Truncation