Is BTC going down? I felt sorry for many people because of this situation. It was really a stock market manipulation. Or so I think. Because big volume single candles can be drawn by a large whale. First of all, I will introduce you the signature of our biggest whale on the chart. Yes it looks like a harmonic pattern. But there are about 70 different patterns...
Note: First of all, candle closings in the upper box invalidate everything I wrote below and show that this analysis is wrong. If this box is not entered or this box is not passed, my thoughts below are valid. Analysis; Fibonacci measurement at 4H may suggest that this is an elliot wave. But I don't think it's the elliot wave. 1st wavelength is too long 2. sellers...
I expect it to move along the Schiff Canal line. After crossing the median of the regression channel, prices will relax. I think the real trend will start after the median. So, I'm waiting for the real rise after the $2.5 correction. At the moment, we can see a pullback to the $2 levels. You can look at the Trend levels from the Heatmap I published. NOTE : This...
First of all, you can find the areas used in the analysis chart by looking at the chart below. My thought for the current situation is that it enters the green area and tries to create a support area for itself there. (3 Candle rule) . The green circle can be considered as the necessary safe zone for the trend. The green ring below the green circle is the...
Prices may go down a bit from here. But I think it will up again. Maybe he will continue on his way without falling. However, technical indicators show that it may fall a little lower. If the pattern can be completed I expect the target levels to be at the same rate as the pattern fibonacci levels. Note: This is not Investment advice.
You can give a chance with a close stop loss and a close buy order. New currency. Therefore risk must be taken into account. Note: This is not an investment advice.
In my opinion, another rule should be added for commodities. Maybe there is such a rule, but I may not know. Each pattern gives birth to its own pair. We see this in the chart. Like Ying Yang, it has created a channel by creating another pattern in return for each pattern. I think we will be able to determine how these patterns will be completed or how the price...
The middle median channel can be a suitable area for the stop loss. If the channel is not broken, we can use the previous harmonic pattern as a guide and predict future targets. Accordingly, the areas I have indicated with yellow dots will correspond to the old resistance points. Note: This is not investment advice.
As a short-term goal, I think there will be a sales response from the areas I indicated in the chart. Note: This is not an investment advice.
If I'm not mistaken in my predictions, the Mega Bull Season that everyone has been waiting for has arrived. I usually analyze before btc drops, but this time I think the situation is different. If I'm not wrong (I could be wrong), Gann Box and Fibonacci measurements, indicator data convinced me for this trend. Waiting for the Eliot waves to start. I think 3...
Target is that area which shows on graphic if channel wont break to down. Indicator gives strong signal to uptrend. P.S: NOT : NOT INVESTMENT ADVİCES
Both the indicator values and the technical pattern show an impression of a leap forward. NOTE: This is not Investment advice.
According to the correction levels of the first waves, formation or pattern usually reveals. When we look at the first wave, it is seen that it returns from 0.618. In this case, if we draw a scenario over Elliot Wave, it is seen that the current HH exceeds 1.618. In this case, we can expect another correction wave from here. If we go over the patterns and...
Before that, a harmonic pattern has been formed. Then we see that he draws Head and Shoulders. It also completes the right shoulder with an ascending triangle. In volume candles, the volumes have decreased in accordance with the right shoulder rule.I think a jump can be seen at any moment. I think the triangle top line is a suitable target for entry. The first TP...
Below the red line can be considered as the stop loss zone. Above the green zone can be considered as entry level. The depth of the head has not been exceeded yet We can think of it as Double Head and Shoulders. We can also assume the appearance of a descending wedge that includes them all. If the formation does not mislead us, you can set the TP targets for...
It's in a descending wedge and looks like it's about to break the wedge. I am writing this analysis because the indicator values are very low. If he breaks the wedge, it can hh. The price pullback of the previous harmonic pattern seems to be over. I have indicated the next possible targets on the chart. NOTE: It is not investment advice.
The fact that the correction level has returned from 0.5 instead of 0.618 indicates that this is not an elliot. It will draw a harmonic pattern for me. Those who already follow know that I am doing harmonic trading. That's why I consider this as it will create a harmonic pattern. Looking at the old resistances, there are past accumulation zones at 0.886 and 1.13...
It could be a head and shoulders pattern if I'm not mistaken. In the last region, we see that a harmonic pattern is formed. Head depth and the decline levels of the harmonic pattern support each other. In this case, the downtrend may not be over yet. Note: This is not investment advice.