Hi Traders this is my view for bitcoin from Elliott Wave Analysis perspective, hope it could give you another perspective of analysis. Bitcoin is still bearish with double three (wxy) corrective wave within the blue channel. I expect btc would go down to around 25k demand area for entry long position (with PA confirmation). Then bounce-back to 26.8k...
I'm relatively new to EW, I'm more of a SMC/Wyckoff kinda guy, however I'm noticing something here that's slightly concerning. In previous bear markets, we've never really seen a 5 wave impulse to the downside, they've always been ABC corrections. This is the first bear market where I can clearly see a 5 wave impulse, and it looks like the ABC correction was to...
Hello traders, here is my view for btc at the moment : Bitcoin was in bearish move since May 5th with increasing volume + open interest and convergence with RSI momentum in daily timeframe, this is a confirmation for strong bearish move. What I expect : BTC weekly closed below 26900 next stop is 25k area BTC weekly closed above 27250 next resistance is 28k...
Hello Traders, this is my weekly analysis for btc from TA perspective : Btc was moving in impulse wave, with confirmation in swing ratio and volume. Is now showing volume divergence and momentum divergence, that indicate reversal soon. Am still expecting wave 5 to be happen after small retrace towards around 21.3k - 20k to touch MA200 (Daily) once again. ...
Hello Traders, this is my current view of bitcoin : Btc was moving down inside the slope channel The 3rd wave was confirmed by the increasing volume There's possibility that 5th wave has started and the target is around 14.78k Will wait for price action to go long around 14.78k The invalidation is 13.9k *I just shorted btc from 16.84k Stop...
Hi dear community and my lovely followers. Today I'm looking at weekly timeframe and want to count Elliott wave from 2018 bear market bottom to the current price. As you see, I think the correction started from 2021 November is a wave 4, which consists of ABC corrections). At the moment BTC is going to complete 5 sub wave of C wave or it has already completed ....
bitcoin price prediction. Elliott wave analysis with pitchfork combination. 1. bitcoin buy zone as long as we hold 14k 2. below 14k most like we going for 10K 3. target for 5th wave +100K 4. if we are still in the correction of WXY then the Blue line which price should follow - target 150K
I think this is a end of the Bitcoin 5th wave according to Elliott wave theory.. Then ABC price correction ends near 4 Low ($30,000) .. Happy Trade
BTC ( BITCOIN) is just finished leading diagonal on the A wave of a (D) of the triangle. I am assuming a sharp correction for wave B. We are currently in a triangle. DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have...
btc chart Elliot wave analysis we are in a corrective wave and b to c wave target is round about 28500 and 29k
this is 4 hr time frame analysis for short term time period trading (likely intraday ) as we can see Bitcoin is in correction phase . Now we are in zigzag correction ( ABC ) phase ,where its making Web A with 5 sub wave . As you can see in chart currently we are making 4rt subwave of wave A which will go towards 38% of correction of subwaves whic is coming UP move...
BTCUSD pair is following the curve lines. And 85-90K will come ! This is not a financial advice. Make you own search for your investment.
As per our old analysis market moving well !! i feel we will have some another dips in the markets ! and the final rally in the bitcoin will lead towards 80000$ levels , i hope this halloween effect on december will move it to the moon for the investors and traders !!
Short term bitcoin will be get drop for a correction !! then we can see some pumps in bitcoin !! will update when we reach those potential area
history repeats itself: 1. BTC impulsive waves with respect to corrective waves are exactly the same. 2. accumulation are same 3. distribution is the same 4. 82k is the same as now 5. red arrow show news 6. green arrow shows a new impulsive wave start. YOU CAN CHECK OUR PREVIOUS PREDICTIONS AS WELL. ALL MEET. Thank yew
Draw your own conclusion ... I see a solid run ahead.
Fib channel and Elliot wave showing our corrective zones for completion of short term correction, 8h chart showing the levels to be watching if no eq break up from a current completed C , BTC still showing she is still yet to complete the end of wave C before further upside, I will go into more detail at a later date , for now playing scalp trades inside the...
According to Elliot Wave Theory There are 12345 Motive Waves. And I think the 1 wave for BTC/USD pair begins mid 2016 and ends 11 Dec 17. Wave 2 Analysis: Wave 2 should be is 50%, 61.8%, 76.4%, or 85.4% of wave 1. And here we have 0.854. Wave 3 Analysis: Wave 3 should be161.8%, 200%, 261.8%, or 323.6% of wave 1-2. We have here 3.272 Fib Extention. And...