✅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 ...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- #BTCUSDT 1M If the price holds above 38745.63, the RSI indicator is expected to rise into the overbought zone. Accordingly, it is necessary to check whether it will continue to rise and touch the...
THIS CHART IS BASED ON HISTORICAL DATA In the first cycle, after the ATL, CRYPTOCAP:BTC took 532 days to break above it’s previous ATH. In the second cycle, it’s taken 546 days to break above its previous ATH. If history repeats itself, we could see a new ATH around 385 days from today, possibly by December 2024. ROADMAP FOR BITCOIN HEALING First...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1M chart) A new candle is expected to be created in the 37253.81-38745.63 range. Accordingly, we need to check how the StochRSI indicator will move. (1W chart) The StochRSI indicator is...
hi everyone, we said BTC can break 38k finally and this is happend yesterday, now we can take it from our new position 37350-37100 then will rise to new high.. goodluck& plz BOOST this idea if you like it
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🏃♂️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,...
💡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...
Bull to bear perspective for the next year and a half. 52.3k rejection and an assessment to see if the recent parabolic trend breaks, if so structure needs to be assessed for potential head and shoulder formations. Downside target could be as low as 7.2k. Always assess risk and always be prepared to be wrong. The downside drop is contingent of a bearish...
Hello GUYS, Considering the support zones identified on the chart and taking into account capital management, you can enter a long position at the live price. For more signals and additional opportunities, you can follow me through the link provided in my profile.
🏃♂️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⚠️❗️:...
Btc/usdt Bitcoin is currently trading around 38.1k, moving within a rising wedge on the 4-hour time frame. Possible scenarios include a potential rejection upon testing the upper resistance line of the rising wedge, leading the price towards the support line within the pattern. Alternatively, if the price surges and breaks above the upper resistance line, the...
#Bitcoin Update: Testing the lower support of the channel. Market momentum seems subdued, requiring a push to surpass the $38k hurdle. Adjusting invalidation to a daily close below $35,628. Unless breached, BTC may target FWB:42K + Do Your Own Research (DYOR), Not Financial Advice #cryptocurrency
💡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...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (USDT 1D chart) (USDC 1D chart) USDT and USDC are showing a simultaneous rise in gap. Accordingly, we can see that a lot of funds are flowing into the coin...
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
#BTC : Currently on track and still anticipating a $40k+ rally. Witnessed a solid bounce, especially after the CZ News; Bitcoin demonstrated resilience, indicating strength in the trend. Altcoins are rebounding as well. Invalidation still remains to be close a below the $34500 level. If you are reading this you already went through the worst phases in the last...
Hello traders! If you "Follow" us, you can always get new information quickly. Please also click “Boost”. Have a good day. ------------------------------------- (BTCUSDT 1D chart) The trend line moves slightly, resulting in a period of volatility around November 26 (November 25-27). Accordingly, the key is whether the price can rise above the first resistance...