💡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...
✅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...
✅As I expected in the post a few hours ago, Bitcoin was able to break the Resistance line(1) and reach the 🟡 Price Reversal Zone(PRZ) 🟡.👇 🌊According to the theory of Elliott waves , Bitcoin managed to complete the Double Three Correction(WXY) waves at the 🟡 Price Reversal Zone(PRZ) 🟡 and the Resistance line(2) . 💡Also, we can see a Regular...
I'm only short for BTC near term until this wave 2 finishes Sep-Oct. Once it completes this wave 2, I'm bullish. Scenario 2 for me is the expanded flat. Scenario 1 is a Sideways Double Combo, barely. I'll post a chart link below. I realize my wave B is a low probability due to the terrible (a) to (c) relationship, with an ending expanding diagonal to boot. I...
💡Bitcoin has not had many price changes in the last 7 days (of course, we witnessed an emotional market in some minutes). Most of the time, Bitcoin has been moving between two lines of Support and Resistance and the 🟢 Support zone($25,840_$25,600) 🟢. 📚In general, it is more difficult to profit when there is Little Movement in the financial markets than...
🏃♂️Bitcoin has been moving in a Rectangle Pattern for over 36 hours , although we have seen 🐮 Bull Trap 🐮 and 🐻 Bear Trap 🐻 in this pattern. ➕Bitcoin is currently moving near the lower line of the Ascending Channel and the Support line . ➕Also, in the middle of the Rectangle Pattern, Bitcoin has succeeded in forming a Falling Wedge Pattern . 🔔I expect...
🏃♂️Bitcoin is moving in the 🟢 Support zone($25,840_$25,600) 🟢 after leaving behind a 🐻 Bear Trap 🐻. 📚It is better to know that, in general, Volume Trading is ↘️ Low ↘️ on Saturdays and Sundays . 🌊According to the theory of Elliott waves , it seems that Bitcoin has successfully completed its 5 downward waves and has already started corrective waves...