So the bullish option is as followed and rather simple guys, for the bearish option counts and analysis they are posted above somewhere. But this says further down until we hit the 618 from this 1.618 low then we put in a big third wave up to exceed our current highest high, then correct and finish with an extended 5th wave to 21-22K
In the daily chart, there is no doubt for the targets of $ 21,500 to $ 23,000 in this uptrend, and after the completion of this corrective movement, this uptrend will begin.
in the 240-minute chart for a few days, there was the probability of the triangle pattern formation due to the wave structure of the sides. Currently, according to the 60-minute chart, there...
Last seen May of 2019. Not much else to talk about. This one is for the books. (As if the Inverted head and shoulders wasn't enough.)
Enjoy this ride, there's too many bears out there for all the wrong reasons.
This is probably my final analysis for awhile on Bitcoin. Happy Stacking Sats.
Hello! The local picture shows the passivity of buyers. The global trend line test should activate them to update the historical high with a minimum target of $20,500.
So far, sellers are too easy to put pressure on the price and their dominance is not felt.
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We create both short-term ideas (for a local understanding of the market situation) and...
If the structure continues, Bitcoin will come to the upper line and breakout downwards to around 18000.00, there you can find the higher low line of the uptrend. Wait for any bearish reversal sign + confirmation before going short. If it breaks the structure, there is a chance that it will breakout above to 20000.00 because of the still ongoing uptrend.
we got the uper trend but not yet the support trend. so i cloned the top one.
this could be the new way or we could go sideway before a next Leg.
Remember this trend is speculative as old style trader i like to get 3 points before validating a trend.
Have to wait more for confirmations.
Happy Tr4Ding !
We are in a progress in D wave pattern to perform, wait and buy a dip. Bitcoin needs a break/correction before it explode higher, bitcoin is over-hyped from the media news.
This is a bit of an odd one. I just thought it may be interesting to consider whether the percent movement required to get to 20k had a pattern or specific values that helped it grow or shrink.
I think there is a better way of analyzing this; mostly in the deltas of the open/closes themselves without regard to '20,000', as the number is meaningless in a market...
BITCOIN - Intraday Update - 12/03/20 (Short-term)
The bearish alt: count.
Bottom Line: The alternate count, is the Bitcoin may correct in a wave ((2)) minor. A more bearish possibility is that wave (C) is developing as a zigzag and will make a new low under 18140 before the rally in wave ((3)) begins.
Watch the video I just posted to understand this move and what comes after it.
At a break of the magenta line go long at $19,509 on the BITSTAMP or the previous high mentioned in the video.
Stop at: $18,321
At the magenta line you can wait for a pullback but Bitcoin tends to just go when it wants to.
This will complete wave 3. After Wave 4 I expect this to go...
From the weekly chart if the candle closes above 2017 ATH then we can definitely expect a BTC to moon but the question is will bitcoin stay above the all time high or whales gonna manipulate the market crash BTC once again.
I'm sceptical about BTC crashing since we waited almost 3 years for BTC to hit new ATH, it think BTC is going to stay above ATH and hit new...
Less than 2 days have passed since the publication of the previous BTC idea , and the price made +10%, fulfilling expectations.
Now, the price has come to the zone where sellers should become more active, if there are any in the market.
The 4h chart shows a fractal of the price movement, which coincides with the current BTC situation.
If sellers are...
