Impulsive wave can develope in different manners. Here is how i see it currently.
At least i can separate it in two different potential patterns.
This wave can either complete the wave C of a larger zig zag, or this is only the wave 1 of the macro wave 3 that will lead us to over 100 000 per BTC.
Send it
Plenty to disect here:
Falling channel type pattern which can signal a potential reversal.
There is a 4 drive pattern to steal liquidity (White dots) - see additional Blue dashed support line with Whale signals on each touch.
We have Overwatch bottoming and divergence present
Hello Traders, welcome to today's analysis of Bitcoin.
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Explanation of my video analysis:
In 2018 Bitcoin created an obvious resistance level at the $17.000 level. This was the all time high of the previous bullish cycle. In 2021 Bitcoin then broke above this structure and came back to retest it in 2022. So far Bitcoin is looking very bullish and it...
Note! That this is not a trading signal, it’s my opinion and my expectation about the next move for the up coming days, the btc is forming what called to be head and shoulders pattern.
A calculated movement based on hidden pivots with prices, duplicate to MONSTER-MANIA BULL idea, just added prices.
Please be aware, there is no such thing as perfection but will work its way up with some zigzags.
If SMART MONEY never existed then it would play its perfect course at 100%. As you the see the ups and downs, I don’t expect the trending candlesticks...
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