Bitcoin is running in Falling Wedge Pattern , and this pattern can finish the microwave B of Main wave 2 . Bitcoin Analyze ( BTCUSDT ) Timeframe 1H ⏰(Log Scale) Where is the end of Main wave 2 ❗️❓ 🎯 Target 1 🎯: 20250$ until 20070$ 🎯 Target 2 🎯: 21150$ until 20910$ Do not forget to put Stop loss for your positions (For every position...
Bitcoin is making Double Zigzag Correction in Main wave Y . Bitcoin Analyze ( BTCUSDT ) Timeframe 8H ⏰( Log Scale ) 🔅 When Bitcoin breaks the Support Zone (In my chart), then, we can verify the end of microwave 2 . Where is the end of Bitcoin Correction ( Main wave C )❗️❓ 🎯 Target 1 🎯: 15200$ until 14880$ ( More Possible )=Probably at my ...
Bitcoin is making Double Zigzag Correction while the end of microwave Y of main wave B can make Bearish 🦋 Butterfly 🦋 Harmonic Pattern (Probably at my TRZ (Time Reversal Zone)). Bitcoin Analyze ( BTCUSDT ) Timeframe 2h ⏰ 🔴 Heavy Resistance Zone 🔴: 23370$ until 22730$ ( Cluster of Fib + Monthly Pivot Point+ Resistance Line+ Point D of Butterfly...
as you all know, the cpi report is coming out in 2 days. if that data fails to beat the current market expectations, i do wholeheartedly believe the markets will see an accelerated move to the downside. it will be lead by long liquidations, miner capitulation, and extreme panic. IF this happens, my target sits in a window between 12\13k. it doesn't have to...
good evening, been thinking a bit more about this local count, and i've come up with one more potential trajectory. --- if we see a weak three wave bounce from my original downside target (view my last post for more context) 👇 then we'll likely see a slightly deeper retracement to 19.3k. --- both scenarios lead to the same upside target of roughly 24k. just...
good afternoon my peoples, in my last few posts, i talked about the possibility of seeing 23~24k before seeing a big pivot downwards. here's how i think we can potentially get there. --- as of this moment, shorts are out-weighing the longs. 1h hidden bullish divergence is present 1\3h stochastics have entered into oversold. btc has come down in what looks to...
each dip in a bear market tends to get larger over time. reason being: >humans buy in thinking a bottom is created. >bots drive the price goes lower. >humans panic sell. ---- eventually, the larger players begin to sell off their balance sheets. -btc miners capitulate below 17.6k, as it is not profitable for them to mine btc anymore. -hash-rate declines at a...
good evening folks --- our indicator is crossing bearish up here, indicating downside pressure in the days ahead. it's possible we see one more scam pump to about 23k before the downtrend begins. --- my downside target is between 12~13k for the time being, but there is significant support between 14~15k, so it may stop there. --- ps. that downside target...
consider this post completely theoretical, and don't use it as financial advice lol. --- just about every full moon over the last few years has marked a local bottom for bitcoin. as we near july 13th, all of my indicators are pointing to a long liquidation event. it's very possible that we don't get it this time around, but if we did i reckon it would look...
good afternoon o/ ---- bitcorn looks to be breaking through various barriers. lot of sell signals popping off, but it just keeps going. ----- looking for more upside into the days ahead, as talked about in yesterdays post. little change to the count, aside from that it all looks pretty good to me. there might be another 1-2 in there, but i can't confirm it...
XBT LONG BITMEX:XBTUSD XBT has a strong bullish divergence and will possibly go up for a bit. We could see a pullback to the 24 000 area or even to the 28 000 area. I am bullish for now, lets see guys :) happy trading to all of you
The current trend of BTC is very weird. What was once a possible wave 2 pullback is now invalidated and where is we going now? The structure of Wave C to me looks weird to be a regular impulse and could be a potential diagonal. If this is the case, the final target of w5 of diagonal matches nicely with the 50% retracement of the last major impulse to the...
~12h hidden bear is confirmed. ~12h 55ema overhead, ~12h ichimoku cloud overhead ~3 major algo targets overlapping between 22.2~22.3k 6 points of confluence, all pointing to a strong downward move in the days ahead. --- stay safe peoples o/
good afternoon o/ ~ and just like that, with the flick of a switch, bitty invalidated my short term bear count. ~ as of me writing this, i am anticipating higher prices. anywhere between 23.8~25.7 is the target. theoretically, a very sharp rejection will take place in between those two levels which can take btc down over 50%. ~ if you aren't already in,...
good afternoon o/ --- general idea remains the same, btc is still trying to reach the local upside algo target; will most likely see a rejection between 21.2~21.8k. --- downside target sits at about 18k as of today should be reached by july 12\13th; after-which we should see a little move up, where alts will most likely lead the way.
good evening, taking a peak at the alt charts, and a lot of the alts look to be setting up for a little pop in the days ahead. this would also rhyme with the idea of btc stopping out all the bears who were late to the party over this 3 day weekend. a push up to 21.2k, followed by a flush just beyond the range low is my plan. anywhere between 17,400~16,195 is the...
good afternoon o/ --- applying all the factors i have mentioned over my last few posts, and taking a look at this local area from a psychological perspective - i've come up with this particular trajectory for btc. --- i bet there is a ton of long stops at the range low, via 17.6k. if history repeats itself, that low will get raided before a move up takes...
what i have displayed on my chart are solstices \ equinoxes. i've went through btc's history, and i have found that the mid-summer solstice has historically marked some kind of bottom in the cryptocurrency markets. ---- circled the last few times it took place. here's some more: to conclude, there has been 10 mid-summer solstices since 2011 of the 10, 8...