FIrst tp reached still waiting for the rest tp 2 - 80000 tp 3 - 100000 tp 4 - 135000
Hello everyone. I have been calling for a few days (7 days) a pullback. I see this as a possibility if the 65k does not hold. BTC has painted a bearish engulfing in the hourly frame, with a bearish cross in the Stoch RSI. Also, a bearish ascending wedge has formed on the 4h timeframe with a bearish divergence in the momentum indicators in overbought zones. The...
Bitcoin has broke into a new all time high today as of right now the top is at $67000. Break of all time high is a superb bullish sign, however I am bit pessimistic about the short future. You hear it everywhere, Bitcoin has broke into new all time high, everyone is superb bullish, even my friends which never touched or looked at crypto told me about it.....
Hello Guys. This video walks you through an indicator I created to time almost perfectly the market and generate accurate buy and sell signals for bear and bull markets. If you have any questions at the end of the video, please feel free to comment below or contact me directly. FOLLOW ME, SHARE, LIKE AND COMMENT.
According to this quick analysis of BTC nearing it's next halving which in Bitcoin's history has always been bullish , we are: 1) Seemingly in a new bullish channel 2) Heading for a short term ABC correction which should hold above 8200$ 3) Followed by a 12345 impulse wave within the channel topping our last ATH of June 2019 4) Followed by another ABC correction...
I know everyone is excited about the ETF (futures) approval in the US and the ETF in Europe. However, the market structure started to look overheated short term. The first target was reached (1k short to 64k), and we have now completed the 5 waves of the first new impulsive wave of the intermediate trend. I expect a quick zig-zag correction where bears will be...
Folks, Will there be a retest of lower prices before breaking trough the resistance levels... I like to keep it quite simple.. The edge i personally use for my own strategy is making use of price action, Elliot wave theory, candlesticks reading, momentum and RSI.. Momentum is because the way it is constructed the preceder of price.. We see a lower high and new...
I am thinking about the Double TOP theory of Bitcoin because of ARKK fund sale of Coinbase. A double top is a bearish technical reversal pattern that forms after an asset reaches a high price two consecutive times with a moderate decline between the two highs. On 10/12/2021 ARKK fund sold 5,855 shares of COIN COINBASE GLOBAL INC, for about 1.5Mil usd. When the...
Bitcoin has printed a bullish pattern with just two or three resistances in front of it, indicating that a rise is likely in the following 10 days. I predict the price will stop around 60k and drop to 56k before rising to 62k and retracing to 58k, where it will be free to surpass the previous all-time high. In the meanwhile, altcoins will have an opportunity to...
Hello everyone. I apologise for not updating you in the last 3 days. I was getting ready for the end of my MSc in genetic and nutrition...Finally complete!!! Anyway, BTC has tried to push to 60k. However, it fell shy of 2k and retrace to the expected level at 54k. In there, strong buying pressure was revealed with high volume in the 54-56k area. BTC has now broken...
The price of Bitcoin has been growing immensely and it has now reached a very important zone of resistance. If we look closely, we can observe that the price is ranging within the borders of an uptrending channel. We are now expecting the price to drop till the lower boundary of the local channel, before continuing its possible growth and perhaps even pumping up...
BTC dominance has confirmed that we are still in the wave 4 corrective waves. So we expect wave C to have 5 sub-waves painting a beautiful zigzag correction. Unfortunately, BTC D is not an asset that can be traded, so movements sometimes are inconsistent. However, I expect this to follow typical market structures as the market are dictated by traders emotions. I...
I'm by no means an expert but I had a play around with date ranges to see if there are any repeating time intervals between markup and markdown phases. I have identified100 day markup and markdown phases which coincide with an older idea, which is not unique, that we're now in the 5th wave of a massive Elliot Wave spanning from the start of the bull run (which...
If this fractal plays out, next target for bitcoin would be around $70,000 around the start of November. $57,000 - $58,000 would be critical supply/demand levels. Watch out for there's areas, as fake outs will probably occur by market makers.
Bitcoin bounced several times from long term support trend line and can be used as local bottom to new long positions. There is several bullish signals like Stoch RSI leaving the 0-20 oversold area, broking local downtrend line, ... TP1: between 55k & 60k TP2: previous ATH at 64k TP3: 100k Stop loss: 30k
When they tell me TA does not work, I laugh at them. Here we go, an incredible example of the Elliott Wave triangle. Ralph Elliott spent 1900 more than 30 years studying the market structure, market participants psychology behaviour. The set of rules, guides and objectives explained in the Elliot Wave theory is a fantastic tool to be profitable in the market. 59...
Bitcoin, the world's biggest crypto, flooded past $54,000 to the most elevated in just about five months as bullishness gets back to the market following the earlier months' droop. At press time, bitcoin was exchanging at $54,220, up 8.7% in the course of the most recent 24 hours. It was the greatest cost since May 12, preceding a crackdown by China on its...
With the expected pullback, Im looking for a few different ideas for the upcoming months. Right now, it looks like we're headed to the 40k area and trade in a range a bit. I don't think we'll see another all time high before some time next year. Short term Im bearish, but long term I think we are headed to 125k for the all time high this cycle. My play right now...