4 hours time frame to identify the support zone and double bottom.
15 min time frame to identify the double bottom and divergence.
5 min time frame to identify the breakout of resistance.
Looking at the weekly from an elliot wave stand point, I see a possibility of a bottom for wave 4 as the Y hit 0.786 Fib for the WXY which is more than minimum requirement.
Also using K.Channels for confluence, It bounced of the base channel which is also a possible ending for wave 4.
Wave for also hit the wave 4 likely area 0.382-0.5 retracement which is...
I have attached my idea illustrating profit prediction zone based on December 4 crash low.
The first target has been hit early. Leading me to believe that this drop maybe steeper than I first thought.
Let's see if ETH can hold $3000 this morning.
*for more on established zone criteria click through to attached idea.
What's up everyone!
Earlier I posted about Bitcoin on the weekly chart, and i wanted to get into some more short-term stuff.
I highlighted the main factors on the chart, all in all I'm very bullish for the mid/long-term for Bitcoin, but for the inmediate short-term I'm more bearish and I think we are going to hit the lower targets before we bounce and rally to...
bitcoin have a super strong bearish trend that price cant break it in last days and reject it
so itnink bitcoin can correct the price on 45000 or 44000 and then going for 80-100K
ithink solana have to paths for the future
1- after big correction of sol we can see that price break the downtrend channel and gonna complete the pull back maybe
if price can break the main resistance we can see sol for 300 or above(black paths). plus we have nice fundamental from it .
2- if you look at the chart the elliot wave are going too complete wave B...
SAND/USDT
Dont panic, BTC Move like that its normal
Instiead of getting confuse, better we spread nets for spot
Make Fat with SPOT
Be Carefull my friend!
#indonesia #tipsfortradingplanning
fileusdt is going for wave 3 and have big bullish move so i show path that have high probability moves on the chart
so buy and hold that for next 3 4 month
comment down bellow what you think .
have a profitable life.
bchusdt have a big bullish move on that high probability path i show on the chart
so buy and hold that the free risk
the free risk area that i show is very important so if chart break that i put my SL on that area
comment down bellow what u think.
have profitable life.
lite coin have big bullish move on wave 3 of elliott
so i show two paths that shows the move and i shown my risk free area if ltc pass that i risk it free and put my SL on that area
comment that below what u think
have a profitable life.
wave 3 is going too work and i show two paths
1- have a little downtrend and then pump
2- have a pump with a breakout pullback
so buy and hold it for next 3 month
i show a path that have a nice possibility of wave 3 and going too the moon for next 3 month(i think next 2 or 3 month) and wave 3 i a very big bullish wave
so buy it and hold that
we two paths for this altcoin the main path is big bullish move
1- have the downtrend and then go too moon
2-just have a bullish move and have breakout pullback on that price area
anyway if u are trading have ur eyes on that paths but if u are a investor buy it and hold now!!!
btc now in last way of his wave 3 and soon make bear trend or side trend(alt season)
btc is going too reaction too one of zone that i show on the chart and make his correction then going for wave5 that is strong bullish move
the correction is so dirty and can hurt you so be careful about wave4 BINANCE:BTCPERP
@ Week scale we can see a wave is at the end and the correction is not so far, may be this happen @ fib 2.618 ~ 3600 or @ fib 3.618 ~ 4900
also DMI indicator confirm this idea too.
and a double top is forming...so i thing top price @ week scale is 3600.
be aware.
