Despite the good news for Ethereum, Bitcoin and Ethereum, although they have been able to overcome some resistance, but Bitcoin is at a very sensitive position and according to the waves of Elliott Correction Waves, the heavy fall of ETH is not far from the mind...
These are just my personal analysis and are by no means a financial advise...
And personally, I...
When the rumor spoils the technical analysis!!
Bitcoin is at a very sensitive point, resistance 40 to 42, which is very crucial!
I do not work with indicators too much, not only are they bad or incorrect, but they are also very accurate!
The fact that I do not use the indicator much because I have my own scalping strategy, but I use it a lot in long-term...
After good fundamental news for ICX token, and technical position is matched for a jump level and then pullback to run...
see the chart's lines and marked price...
AqayeSalehi
After hitting the resistance of 40,000 and hitting that resistance several times, we see that the bitcoin trend weakens and moves downwards as it exits the bottom of the midline and re-tests it. Probability 70% Bitcoin first tests 37K and then 36K and then 33K again!! and there it decides whether it will break its very strong 40K resistance or sort of keep its...
After re test to get back in its uptrend and did not succeed, technical analysis shows us the LINK (my favorite coin/token) will drop more, Unless the excitement of the market saves this powerful token from this horrible situation !!
I'll still wait for the right entry point for the short position...
Buy and Sell prices marked in chart
This signal is for relatively professional traders
And for beginners and low-risk people, it is recommended to buy at Buy#3 and bring Stop Loss to 310 and take all the profits in TP#1
This chart is more about analysis than the signal , So not recommended for everyone (SIGNAL)
Because the general trend of the market is not clear...
some people call me bear trader!! i am not a bear, as some people in this market i've lost my 40% of my portfolio and i will happy to see bitcoins rise, But my analysis is based on my experience in this market, and Bitcoin does not yet have enough power to break its 42,000 resistance, and it must experience even less than 30,000 to launch its own 65,000!
""With...
You think what is the next move? Growing to 42K ?? or Dropping to 25K ??
Tell me ...
And ask anything if you want to know...
With due all respect to all traders... AqayeSalehi
Borring HuH???
As I said last week, Bitcoin has not yet completed its fifth Elliott Wave and wait for the heavy wave of Bitcoin to fall. Notice that at exactly the highest point where everyone was saying that bitcoin started to rise, we continued to insist, and I repeatedly stated that bitcoin (should) fall again to start growing.
Never underestimate young people!
About Elliott:...
