Bitcoin will complete the Elliott?Hello people i hope you doing well.
This is my personal opinion and analysis. In all markets, anything can happen. So before making any decision, please consider risk management, capital management, and emotion management in your trading.
Here we have btc chart with some magic waves! Im always analyse technically first.
In 1month timeframe we can have a nice Elliott Pattern waves.
We had wave 1 and 2 done before and as picture we are on the middle of wave 3!
This is just an imaginary and forecast
But it works sometimes you should forecast the people's next move! Specially the big ones like Whales and miners.
The targets are near than the Supporting areas haha.the 125k is not much for 85% of wave3.and the end of wave we can have 150k btc.
Wave 4 can give btc some rest and correction wave!
And we can have 83k as the biggest Liquidity support and the best area to get the money and get the people who lost the last train of pump!In this upping channel(wave3) the lowest price is 73k!
So be aware and quite fast if your money lost:))
And the volume can tell you there is nothing happened to Btc and the Crypto market and its still baby!i bet this wave can make you reach if it happens:)
Always remember to have plan!dont enter the market with 100% money and please have stop loss and have plan to quit and dont be greedy!!
Good luck
Cypher
CHFJPY forecast On technicals, The price reacted to the bearish cypher pattern and started dropping, breaking the support level with a strong candle. It seems likely to continue its decline toward the 166 level. Right now, we’re waiting for a retest of the broken 172 support, which could be a good entry point.
On the fundamental side, Swiss GDP dropped by 0.4% in the third quarter, as expected, while The yearly tokyo core CPI rose to 2.2% from 1.8%, beating the forecast of 2.0%. This supports the yen’s strength against the CHF.
ETH to $25K - No Joke - BUY & HODLEthereum is at levels not seen since the Crypto Stone Age.
The Crypto Markets will start BOOMING!
ETH ( ETHUSD , ETHUSDT , ETHEUR ) is getting ready to go Bullish.
When? Early '23.
The Fibonacci Time Zones and Cycles tell me that the 3rd Fibonacci Summation is NOW.
So, I reckon Cryptos are getting ready for something BIG.
I do see a last drop before that though.
From Jan '18 until Dec '18 ETH had a whooping 94% crash.
We're only at 82% from Nov '21 top. So I am waiting with buying interest for a much better level.
I am buying big dips, adding value.
If you look at the Ellipse, Ethereum is doing the same pattern it did on the previous Bear Market.
Hmmm...
I've decided on my best BUY level: $550 .
Technical Analysis:
* Elliott Wave A-B-C Pattern
* Jan '18 - Dec '18 Fractal Sequence
* 88.6% Fibonacci Retracement
* Harmonic Pattern: Bullish Cypher
* Fibonacci Extensions Confluence
* Bullish Divergence
* Demand Zone
What more do you need?
Oh yeah, a much better price. :D
We went to the Moon, now let's go to Mars!
Bitcoin BTC to $250K - BUY & HODLBitcoin went to the Moon with Dec '17 top.
Then it corrected 88.6% on the Fibonacci Retracement with Dec '18 bottom.
After that it went to Mars and hit the tops again in Nov '21.
It was a 2000% gain.
What can you tell from this?
Percentage-wise, Correction is lower than the gain.
So, the Dominant Trend for BTCUSD is UP!
OK, back to Earth.
Let's gather fuel and power-up the rocket.
Time to go Interstellar.
Before I go into the technical stuff, allow me to keep things simple for you.
I took the liberty and measured the BTC Cycles.
But you don't need to worry about that, just follow my lead!
I used a fancy tool called Fibonacci Time Zones.
This tells me roughly when the next Bullish Cycle for Bitcoin will start.
We are on the 5th Fibonacci Summation milestone, and another 2000% gain is destined to commence.
When?
Early '23 , like all other Cryptocurrencies.
What's the level?
My ultimate levels are: 10K & 7.5K .
I will buy more there.
I will HODL for the long-term because I know it's a waiting game.
Now you have what you came for: when & where.
You can go ahead and open the next idea. :)
Thank you and you're welcome.
But if you capable of digesting what's to come below, then I put my hat down...
Bitcoin ( BTCUSD , BTCUSDT , BTCBUSD ) Technical Analysis:
* Elliott Wave Cycle: Complete V Cycle Degree (white)
* A-B-C Elliott Wave Correction (red)
* Ending Diagonal in Cycle C (red)
* Harmonic Pattern: Cypher
* 88.6% Fibonacci Retracement
* 161.8% (Golden Ratio) Fibonacci Extension
* Bullish Divergence
* Dominant Trend Line (turquoise dotted)
* Demand Zone
* Fractal Pattern
If you get all this without a headache then you're a legend!
The Aug '15 to Dec '17 is what I'm expecting, and it's a BIG one.
Good luck my fellow HODLer..
Thanks for the like,
Richard, the Wave Jedi.
Bitcoin Dominance: Elliott Wave and Harmonics ComboBitcoin Dominance ( BTC.D) is giving a fantastic trading setup.
It's preparing a BIG Bullish Swing.
From an Elliott Wave point of view, a bullish Impulse Wave is about to start.
In this case I'm talking about Super-Cycle (C) (turquoise).
Moving on to Harmonic Patterns, there are two:
The smaller one is the Bullish Shark, which is preparing its completion.
The second one, and the bigger view, is the Cypher Pattern, which will commence one the Shark is done.
So, bottom line: BTC.D is gonna start flying, and will push the Crypto market into a fantastic Bull Cycle.
Bitcoin Dominance ( BTC.D ) Technical Analysis:
* Elliott Wave Impulse: Super-Cycle (C) (turquoise)
* Harmonic Pattern: Bullish Shark
* Harmonic Pattern: Bullish Cypher
* Double Bottom
* Bullish Divergence
* 88.6% Fibonacci Retracement
* 61.8% Fibonacci Extension
* Demand Zone
Conclusion: Bitcoin (BTCUSD) is and always will be the one and only driver of the Crypto Markets.
Bombay Dyeing 160/150 possible if broken 200 support on week TFBombay Dyeing has weak MACD and RSI indicator
It is forming Cypher M pattern as it has candles below lakshman rekha line.
Now it has major support at 200, if it close below 200 on weekly time frame then following targets possible.
Target 190/ 170/ 160/150
USDCAD - The Make Up of An Average Trade With Big PotentialThis video is slightly different than the ones that I usually put out, but so is this opportunity. I'm looking for a HOMERUN trade here on the USDCAD & what that means is that I'm attempting to get in a trade that captures a larger profit target than what I would usually take.
What's important to pay attention to is the top-down analysis & the why behind the decision, as well as the entry reason & the role it plays in my initial involvement.
I hope you guys enjoy the video and if you have any questions or comments, please leave them below.
Akil
Merck & CO Inc: MRK oversoldIt's a cypher like bullish pattern with measurements close to an ideal cypher i.e. 1.5 per cent discrepancy, but I am looking at a broad timeframe over last couple of years. assuming it is bottoming these days around 95 it should bounce back to around 120 i.e. fibo .618 of the cd leg. - at least!
main oscillators i track indicate oversold on day, week, month TF
Nifty is it towards 22800/22300 ? - Read description in detailFollowing my post on August 5 after a dead cat bounce,
Nifty has started to form Cypher or Shark pattern on weekly time frame.
For a Cypher pattern: it will touch 23870/23216/22800
To form a shark pattern fall may extend up to 22300.
It is expected to complete this by December end.
AUDUSD pays attention to the Cypher pattern belowOn the daily chart, AUDUSD maintains a downward shock, and the bears have the upper hand. At present, attention can be paid to the resistance near 0.6660. If the rebound is blocked, it is expected to continue to fall, and the downward target is around 0.6475. When the price reaches 0.6475, attention can be paid to the potential bullish cypher pattern.
NZDUSD BUY 0.5963On the daily chart, NZDUSD fluctuated and fell, and the bears have the upper hand. At present, you can pay attention to the potential bullish cypher, the buying position is around 0.5963. At the same time, this position is in the previous demand area, and the upward target is 0.6122.
Butterfly Pattern StructureThe Butterfly Pattern is formed as follows:
Point X: The starting point of the movement.
Point A: The first peak or trough that the price reaches.
Point B: The price correction from Point A, usually located around 78.6% of XA.
Point C: The subsequent correction, which should be between 38.2% and 88.6% of AB.
Point D: The final point, typically found within the range of 161.8% to 261.8% of BC.
This structure allows traders to predict potential price reversal points at Point D.