My first stab at using Elliot waves. But if I have identified the 1st and second wave correctly on the hourly chart, $10,600 is definitely a possibility. The 3rd wave should hit $10k which is a well rounded figure and a psychological barrier. There should be some profit taking around this level. The 5th wave should hit 0.236 fib levels. Then we should see...
Dear Crypto friends, BTC is back to the bulls zone! Out of the mud back heading to the sky, BTC today did to nice green leg providing a very positive +6% to yesterday close. EMA 55 still okay, volume high and probably finishing the 3th wave, BTC is looking well this week!! Let see if it outperforms to the 10k major target to the major resistance! Of course we...
The price has broken down the bearish trendline represented in red colour, generating a strong bullish impulse and then starting a lateralization phase. At the moment it is racing the resistence and if it broke the resistence down a bullish movement with a target of 11,000 USD might happen. However, pay attention to the negative divergence between the price and...
The price has broken down the bearish trendline represented in red colour, generating a strong bullish impulse and then starting a lateralization phase. At the moment it is racing the resistence and if it broke the resistence down a bullish movement with a target of 11,000 USD might happen. However, pay attention to the negative divergence between the price and...
Just playing with some lines on daily chart and I see some resistances around 10k. Very curious how this will play out in the next days. BTC under 10k or above 10k? R1: a not so strong resistance from the past (blue line) R2: kind of an upward trend resistance (orange line) R3: EMA 150 resistance? RSI looks like it will go above 50.. it has room to grow. MACD...
After finding a valid Elliot wave, upwards movement adter hitting 10k likely. allso the psychological barrier on 10k is strong wich will probably create a strong support before going on a another bull/FOMO run.
I'm using this for my personal data, but I will share it. Maybe you will find value Not intended to be used for financial advice, simply a perspective
We are still in a Bear Market but we do have a nice bounce back to $12K in the next week ahead of us! Currently, riding Wave 1 hopefully to $10K mark as long as we don't get more FUD'ing News, Wave 2 coming soon be prepared for a slight dip down to the low $9000's Be Patient! STAY LONG & STRONG FOLKS!
1. Death cross almost ready on the 13/48 MAs. 2. Every pump that we've had has been weak and following with dumps on strong volume. 3. We can potentially bounce to that 14.5k level tomorrow before going down strong to 9k. 4. Once we enter the cloud, my first target is around 11.5k. After that, target should be around 10k. probably lower in the 8k levels....
We haven't seen real FOMO candles up in BTC Question do we have a first bearish weekly candle? I wouldn't count on it, trend is up. Volatility grows and we need to check it out how it feels to own 10k priced bitcoins in our wallets. BTFD if it's hits and cancel your summer vacation because we are just about to have a real fun.
A 50% pullback to 100 day MA is expected, both historically and technically. Buy the dip, see yall in spring.
Small consolidation triangle (rising wedge) showing that we should hit 10k within the next 4 hours with confidence.
It is my thought that these are a few levels to which BTC will pull back to prior to a second attempt on breaking $10K. I believe 38.2% at around $8940 is the most likely target, followed by $8280 and possibly even $7215. I will be watching this closely.
BTCUSD update: 9895 new high and poised for 10K. The music hasn't stopped yet, so if you are in, the best you can do is manage and be aware of any early selling signs. If you are out, now is not the time to get in. I do not want to sound repetitive, but this price action is very suspect. Runaway markets like this are rare, and unusual and will encourage bad...
BTC to hit 10k by end of year. Macro Scale perspective.
many have said BTC top is in .....me i disagree we are currently in the ABC correction and if we are to have a traditional ABC next entry for us to see continue of the trend would be on the algo target of 0.618 with a stop on the otherside of the 0.65 giving us the upside targets of the -0.23 and the -0.618 to the extreme Although it is quite possible we see a...
Bitcoin seems to be following a fibonacci resistance sequence causing me to think we could have pumping to 10,000$ and even higher 13 would be the next fibonacci number and It would be quite the novelty to have it stop there! time will tell!! going to be trailing up my stop-loss by 500$ increments manually as we go parabolic Best of luck and stay...
Headed for new ATH's and fib extensions + elliotts pointing toward 10K levels (This is my biggest position currently) 5th wave coming parabolic nature of crypto send it to the highest extensions Enough hype to drive any thing up in value