BTC b-c Elliot Waves, Wickoff, Fib (Prepare Limit orders)
It is always hard to tell what the future is bringing but if we follow few theories we can find this;
1- Elliot Waves are saying we have completed wave 5. It means A-B-C should start. Hence we should be able to make good entries at 36 and 32k.
2- We can cross with theory with Wickoff Distribution theory were we can find the BC and UT, UTH is not required but it could happen. In any case most likely this is again telling us that Wave b and c might happen
3- If we study the passed BTC cycles there is always a retracement before and after the halving, what it confirms Elliot and Wickoff.
4- Both Fibonacci retracement and extension are matching the same levels in this occasion 36k (23.60%) and 32k (38.20%).
I hope this helps to see where we are at the moment.
The retracement already happened so it wight take a while but having said that I found something interesting;
Many indicators are giving bullish signals BUT, we can find bit RED candles on the;
13/11 then
11/12, then
10/01, and then also 22/01…,
Almost every 10th of the month.
Will the same happen between the 10-13/02 or we will have to wait until 10-13/03?
Prepare your limit orders so you do not miss your good entries
Have a happy trading
Rafa
1- Elliot Waves are saying we have completed wave 5. It means A-B-C should start. Hence we should be able to make good entries at 36 and 32k.
2- We can cross with theory with Wickoff Distribution theory were we can find the BC and UT, UTH is not required but it could happen. In any case most likely this is again telling us that Wave b and c might happen
3- If we study the passed BTC cycles there is always a retracement before and after the halving, what it confirms Elliot and Wickoff.
4- Both Fibonacci retracement and extension are matching the same levels in this occasion 36k (23.60%) and 32k (38.20%).
I hope this helps to see where we are at the moment.
The retracement already happened so it wight take a while but having said that I found something interesting;
Many indicators are giving bullish signals BUT, we can find bit RED candles on the;
13/11 then
11/12, then
10/01, and then also 22/01…,
Almost every 10th of the month.
Will the same happen between the 10-13/02 or we will have to wait until 10-13/03?
Prepare your limit orders so you do not miss your good entries
Have a happy trading
Rafa