Bitcoin near the top of our rising broadening wedge but could pullback before it goes higher.4 Hour shows possible pullback Thanks for watching
#Bitcoin dominance has at least another percent to grow. 55.55 is psychological level and I believe it will be tested. Bull run has started. My target is $135 000. What do you think?
Technical Analysis: There are several signaling settings that indicate a shorting bias. These include: 1. Bearish Divergence of Price with MACD: Bearish divergence occurs when the price of an asset forms higher highs while the MACD (Moving Average Convergence Divergence) indicator forms lower highs. This pattern indicates a potential reversal in the prevailing...
What if there were two straight lines between which all of Bitcoin's price action could be contained? If such lines exist, they could provide tremendous insight into the future price of Bitcoin. As it turns out, the Bitcoin power law corridor theory hypothesizes that such lines may exist. However, in order to see these lines within a price chart, one must...
Read the text carefully: First of all, note that this is an overview. Our view for Bitcoin is a large degree triangle, which we are now completing wave D of this triangle. When we move down, from the range of 34K-32K, we can return to the side of 42K-46K and then the intended drop will take place, so be careful when returning to 34K-32K. The completion of wave...
✅Bitcoin moved as I expected in previous posts and was able to touch the upper line of the Ending Diagonal again ( MicroStrategy helped in this movement by buying $600 million of Bitcoin). 📚The Ending Diagonal Pattern ( Elliot's point of view) is the same as the Rising Wedge Pattern ( Classical Analysis point of view). 🌊According to the theory of ...
BTC hit the high of 39.8 but did not hit 40K.was that the last liquidity grab ? or it was a break through ? This Move is similar to the starting move of this whole rally which I explained in the video Thanks for watching
- i have to post this chart. - it seems some peoples didn't get what i posted in one of my older chart. - i will post this chart in comments. - Remember this is not a price prediction. - Everything is just about comparing the past and the present. - in 2018-2019 BTC was fluctuating in bearmarket with 4 Digits. - Now BTC is fluctuating in bearmarket with 5...
💡Bitcoin tried many times to break the 🟡 Price Reversal Zone(PRZ) 🟡 but failed every time. 🌊In terms of Elliott wave theory , Bitcoin seems to have found microwave 5 of the main wave C at the 🟡Price Reversal Zone(PRZ)🟡 and the upper line of the Rising Wedge Pattern . 💡One of the confirmation signs of our wave counting can be the presence of Regular...
🏃♂️Bitcoin re-entered the 🟡 Price Reversal Zone(PRZ) 🟡 and is currently moving in this zone. 📈If we look at the chart from the view of Classical Analysis , it seems that Bitcoin has succeeded in forming a Rising Wedge Pattern . 🌊In terms of Elliott wave theory , Bitcoin seems to be completing wave C of the corrective Zigzag(ABC/5-3-5) structure. 💡Also,...
BITSTAMP:BTCUSD Any Suggestions about the chart? Will it get rejected or breakout? share your view. My view is Bearish
BTC been consolidating around high 37K and bouncing to the upside around 38.5.We could see a correction and another move to the upside around 38.8 before the main move to the downside starts.OR 38.2 was the top and we go down today. Thanks for watching
Bitcoin has fallen out of the 4HR bull channel and failed to break above the Weekly Resistance 3 times. This is a decent short-term sell signal that if your trade is managed properly, the probability of profit is on your side. How do we trade this? Bitcoins macro trend is bullish, so we must exercise caution when considering a short. While the trend is a major...
🏃♂️Bitcoin is moving near Support lines and a cluster of Fibs and lower line of Descending Channel . 🌊According to the theory of Elliott Waves , Bitcoin has successfully completed the Double Three Correction(WXY) in Descending Channel. 🔔I expect Bitcoin to Go UP at least to the Resistance lines after the Descending Channel break. ❗️⚠️Note⚠️❗️:...
💡For the umpteenth time, Bitcoin is trying to break the 🟡 Price Reversal Zone(PRZ) 🟡 and a cluster of important Resistances (Pivots) . But in my opinion, Bitcoin needs to have a deeper correction, at least up to the $34,000 price channel , to break this critical area. 🌊In terms of Elliott wave theory , Bitcoin seems to have completed its five-impulse wave at...
Bitcoin has reached our 38.4 target then went back down. with BTC CME reaching to 39K and having a gap we could see BTC goes around 38.2 for another retest and then collapsing to the downside. Thanks for watching
i believe profit taking and fear will cause us tohave another dramatic drop here, for liquidity , as we continue to trend up longer term loking for these prices as targts for shorts. looking for a pullback to 42k
Deciphering Bitcoin's Monthly Odyssey: Unveiling a NeoWave Correction Introduction: The Grand Correction Unveiled In the vast landscape of Bitcoin's monthly trajectory, a compelling narrative unfolds. Following a substantial downturn, Bitcoin is now engrossed in a corrective phase. This analysis delves into the ongoing X wave, discovering a symmetric pattern...