Hi everyone👋. I hope you have a great weekend .🥳🥳🥳. Today I want to analyze the structure of the waves during the last 4 days. 🌊The 5 impulsive waves that Bitcoin created were due to the of 🌐 MicroStrategy News🌐 and then started to form corrective waves. 🌊The structure of Bitcoin correction waves is Double Three Correction(WXY) . 🌊Bitcoin seems to have...
Bitcoin been showing some sign of strenght but nothing considerable.Another pull back to 28.8 is possible. Thanks for watching
Mixed trading conditions ahead on the global crypto market! The sun shines ☀️ over the two largest cryptocurrencies, Bitcoin and Ether, indicating a slightly bullish market with upside potential in the next 24 hours and for the week ahead. Other altcoins face both rain ☔ and clouds ☁️ in the next 24 hours, signaling a slightly bearish or bearish market with...
After news of a stock sale by MicroStrategy to buy more Bitcoin, we saw a 🐻Bear Trap🐻 on the Bitcoin chart. But Bitcoin started to fall again from the 🔴 resistance zone($29,850-$29,480) 🔴. 💡If we look carefully at the Bitcoin chart, we will notice the Symmetrical Triangle Pattern . 💡Also, we can see Regular Divergence(RD+) between two consecutive...
Hi everyone👋 (Reading time less than 5 minutes⏰) . Bitcoin has been moving in a Rectangle Pattern for over 25 days ⏰. 📚 Rectangular Pattern : The rectangle is a classical technical analysis pattern described by horizontal lines showing significant support and resistance. It can be successfully traded by buying at support and selling at resistance or by...
Hi everyone👋. Bitcoin was moving in the Range zone for about a month and formed a Rectangle pattern . But yesterday, Bitcoin managed to break the lower line of the rectangle pattern, as I expected in previous posts✅. In terms of the structure of Elliott waves , Bitcoin is in the phase of corrective waves , and it seems that Bitcoin is pulling back to the 🟢...
Bitcoin finally managed to break the 🟢 support zone($29,140-$29,000) 🟢 a few hours ago. 🔔I expect Bitcoin to continue its downtrend in the coming hours and at least fall to the next🟢 support zone($28,450-$28,080) 🟢. -------------------------------------------------------------------------------- 🌐➕ Positive News ➕🌐: Binance Wins Operational License in...
BTC first move of the month was dumpage to 28.6 where we wanted to initially long.candles looking weak and we might go lower. this area is THE AREA for btc to hold n pump. If not the rally is over Thanks for watching
Hi everyone👋( I hope you had a great weekend ). As you know, trading volume is low on Saturdays and Sundays (generally). After breaking the 🟢 support zone($29,850-$29,480) 🟢, Bitcoin has started to form a Symmetrical Triangle Pattern this weekend. 📚The Symmetrical Triangle , which can also be referred to as a coil, usually forms during a trend as a ...
Hi everyone👋 (Reading time less than 5 minutes⏰) . Today I want to show you the 🎯 target 🎯 of Bitcoin for the next 5 months using the 6-month Bitcoin candles. ⚖️Bitcoin has created 6-month candles in the last 7 years, and if we look closely at these candles, we can see similar movements in them.⚖️ ⚖️I divided the 6-month candles into 5 similar...
After Liquidity taken of the buyside two time and change of character and rejection many time of the fvg we will see a drop of the price to fill fvg of the up trend and take liquidity of the sell side. - Maybe we will see the price of 24400
- CRYPTOCAP:BTC continues trading within a Tight Range of 2K, dancing tango with range's bottom and ceiling, until it doesn't. 40.000$+ per #Bitcoin is not as far fetched from here, all Bitcoin gots to do is break current range to the upside before resuming higher. Besides that, the awaiting Feds Rate Hike decision will impact direction of CRYPTOCAP:BTC and...
Bitcoin swept both sides then picked it up but its struggeling.Is this the sign that we are going lower ? Thanks for watching
BTC hits a major level 28.8 and holding it.usually these major levels become support the first time we touch them but we could see lower. Thanks for watching
Due to the fact that the trading volume is generally low on Saturdays and Sundays , the structure of the waves became complex. Bitcoin seems to be completing the Double Three Correction(WXY) in 🟡 PRZ(Price Reversal Zone) 🟡. Although Bitcoin seems to have succeeded in creating the Inverse Head and Shoulders pattern , it seems that the effect of this...
Bitcoin has managed to form an ascending channel in the 15-minute time frame⏰. In terms of the structure of the waves in the ascending channel, I can say that Bitcoin was able to complete the main wave Y at the top of ascending channel and 🟡 Price Reversal Zone(PRZ) . 🔔I expect Bitcoin to try again to break the 🟢 support zone($29,850-$29,480 )🟢 ⚠️ after...
Last day of this week, expect something to happen.Price Action shows some bullish movement but not with lots of momentum, BTC will prolly follow NY market today like yesterday. Thanks for watching
Hi everyone👋. Bitcoin is moving in the 🟢 support zone($29,850-$29,480) 🟢. If we want to analyze Bitcoin in the 15-minute time frame in terms of Elliott wave theory , we will find that Bitcoin started to create corrective waves after completing the Expanding Ending Diagonal pattern . The structure of Bitcoin corrective waves is Zigzag type(ABC/5-3-5). 🔔I...