Bitcoin final target ends at Falcon Wave C #BTCUSDT #Bitcoin

Bitcoin , the one and only that we all are looking at is in Falcon Wave C. Falcon Waves is an ongoing research that I am doing and runs in Wave A, B and C. Where Wave C is the last leg down in 5 waves. For BTCUSDT, this will end 40184 USDT.

This also coincides with monthly key level and daily key level area marked in brown and blue boxes in the chart.

What happens after Wave C finishes?

After Wave C ends, there are following key possibilities,

1. 5 Wave pattern to stabilise price and start of next Falcon Wave (ABC)
2. Momentum of buying volume increases


Some charts in different time frames:


12H looks like this:

4H look slike this:

P.S
Falcon Waves is not Elliott Waves etc. This is my own research that works on the principle of CCI and Momentum derived from Falcon CCI indicator.

What should be good confirmation of trend change?

Looking for key level break upwards, e.g. price above blue box, with higher lows should be good. Also, if there are cross over of fast EMA over Slower EMA, I prefer 20 crossing 200, for a better upward indication.

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Indicators used by me:
1. Falcon CCI (Free on Trading View)
2. Falcon Buy Sell (You can message me on trading View for Access)


What if price goes below Target C?
If price goes below Target C, this can be because of liquidations at these levels, perhaps a market crash further and can push price down. I do not think that this will happen at this time. However, we need to follow Falcon Buy Sell indicator to give exact values of buy and sell before making further decision.

I also keep Falcon HA Buy Sell handy, a perfect tool that gives me Heiknashi Chart values with B and S on each candle in normal chart and HA chart, and helps me to trail stop loss, or for profit taking.


If you have followed me, you know where I asked you to short, here is the link of the chart:

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Enjoy!

Do not forget to follow me on Trading View!


Important Note:
Based on Gann Theory, Bitcoin should finally move upwards by 28th Jan 2022 ( a final move up confirmation) This can perhaps be a higher low formation and moving up.

Trade closed: target reached:

We were able to reach target. Next analysis will be on new chart, Follow me for update.