🔄Bitcoin made some changes in its waves after yesterday's pump .
🌊In terms of Elliott waves , Bitcoin seems to be completing wave 4 with the Double Three Correction (WXY) .
🔔I expect Bitcoin to attack the Important Resistance line and 🔴 Resistance zone($27,600-$27,300) 🔴again in the coming hour.
Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
✅Bitcoin reacts well to 🟡 Price Reversal Zone(PRZ) 🟡 and 🟣 Weekly Pivot Point 🟣.
🔔I expect Bitcoin to decline from the 🟡 Price Reversal Zone(PRZ) 🟡 to the support lines and 🟢Support zone($26,240-$26,000)🟢 again.
🌐➕ Positive News ➕🌐:
Ethereum futures ETFs could start trading next...
To get more clues on what BTC is doing, I analyzed the TOTAL (Total Crypto Market Cap).
I use Elliott, trendlines, and fibonacci. I keep getting the same results on many analysis, of the bull run starting in October.
I label my waves 1 A W and 2 B and Y. Why is that? There is a real possibility, that crypto does a huge pump for months, then another bear market...
✅As I expected, Bitcoin fell to the 🟡 Price Reversal Zone(PRZ) 🟡 at the weekend.
💡Bitcoin has succeeded in forming a Falling Wedge Pattern .
💡Also, we can see a Regular Divergence(RD+) between two successive valleys .
🌊According to the theory of Elliott waves , Bitcoin seems to have completed wave 5 in in 🟡 Price Reversal Zone(PRZ) 🟡
🔔I expect Bitcoin...
💡Bitcoin is moving in a Falling Wedge Pattern on the 1-hour time frame (yesterday's post).👇
💡In the 15-minute time frame, Bitcoin is moving in a main ascending channel and in a secondary descending channel .
🌊According to the theory of Elliott waves , Bitcoin seems to be completing corrective waves inside the descending channel .
🔔I expect Bitcoin to...
Many of us experienced the bloody bear market. It was more than a year we went almost down deeply. The feeling is undescribable. The mixture of feeling of extreme dissapointment, fear, anger (you name it) but if you are still in the market (even with losing a big amount of money) and didnt give up then congrats. Because I believe the bear market has been finished....
✅Bitcoin crashed, as I expected in previous posts.
💡Bitcoin seems to have formed the classic Ascending Broadening Wedge pattern.
🌊According to the theory of Elliott waves , Bitcoin seems to be completing its five downtrend waves.
🔔I expect Bitcoin to complete wave 4 near one of the 32.8% and 50% Fibonacci levels and near the downtrend line and then move...
✅Bitcoin has been responding well to my 🟡 Price Reversal Zone(PRZ) 🟡 for the past few days.
🌊According to the theory of Elliott waves , Bitcoin seems to intend to form an Ending Diagonal pattern to complete microwave C of main wave Y .
🔔As a result, I expect Bitcoin to make a new high (slightly above PRZ ) and then start to Fall again. The target of...
🚶♂️Bitcoin is moving in the 🟡 Price Reversal Zone(PRZ) 🟡 and near the Resistance line and 50-SMA(Daily) .
🌊According to Elliott Wave Theory , Bitcoin seems to be completing a Double Three Correction(WXY) .
🔔I expect Microwave C of Wave Y to complete at 🟡 Price Reversal Zone(PRZ) 🟡 and Bitcoin to fall to at least the Support Line .
Bitcoin to hit support around 21 to 22k.if Bitcoin will not cross 28k and hold there then I am super bearish and if you want to short btc then don't short here. If btc break support of 25k then short and target will be 21700.
✅Bitcoin managed to break the Uptrend line a few minutes ago.
🌊According to the theory of Elliott waves , Bitcoin managed to complete a Zigzag correction pattern(ABC/5-3-5) in the areas above the 🔴 Resistance zone($27,000-$26,350) 🔴 and near the 🟣Yearly Pivot Point($26,719))🟣 .
🔔I expect Bitcoin to go Down in the coming hours and at least drop to the 🎯...
🚶♂️Bitcoin has been moving in an Ascending Channel for several hours.
🌊According to Elliott wave theory , Bitcoin seems to be forming a Double Three Correction (WXY) .
🔔I expect Bitcoin to fall at least to the Target I specified in the chart after Breaking the ascending channel.
❗️ Note ❗️: If Bitcoin breaks the ascending channel, the scenario will...
✅Bitcoin managed to break the Resistance line hours ago.
🌊With Bitcoin breaking the Resistance line , we can confirm the end of the main wave A .
🔔I expect Bitcoin to reach the 🟡 Price Reversal Zone(PRZ) 🟡 in the coming hours and then start to fall until the resistance line (actually a pullback ).
💡First, I must say that the most important thing that happened a few minutes ago was the ☠️ Dead Cross Signal ☠️.
📚☠️ Dead Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA) , usually the 50-day , crosses below its long-term moving average, usually the 200-day .
📚🥇 Golden Cross Signal 🥇: In technical analysis, a...
Has BTC formed a diamond pattern? I got the idea from member Tolberti .
Diamond patterns are reversals at tops and bottoms. But, like head-and-shoulders, they don't always do as expected.
I thought the idea was amusing, and possible.
Therefore, I applied Elliott to it for two possible counts. The more bullish count is below.
So let's see what happens.
🤝Maybe everyone is watching Bitcoin, but I hope you are always in profit and enjoying your profit.
🚀Today, I want to share a bullish scenario that is not far away.
🌊For me, the best tool for determining the Bitcoin roadmap is the Elliott Wave Theory , as my old followers know.
💡Bitcoin is currently seriously attacking the 🟢Heavy Support...
🌟Bitcoin managed to form a Shooting Star Candlestick Pattern in 🟡 Price Reversal Zone(PRZ) 🟡.
🌊Regarding Elliott waves , it looks like Bitcoin is completing the Double Three Correction waves (WXY), although I have another wave count for wave 4, which again points to Bitcoin falling .
🔔I expect Bitcoin to Fall near the Support line .
✅As I expected, Bitcoin is completing the waves that I shared with you in the last few days. (I suggest you follow the previous posts to get a better understanding of the Bitcoin roadmap .).
↘️Bitcoin came back below the Resistance line and attacked the 🟢 Support zone($25,840_$25,600) 🟢.
🌊In terms of Elliott wave theory , Bitcoin is completing its 5-wave...