If its weekly candle can stabilize, this week is up and I think it has a growth of 65% In the weekly candlestick, we had a flag pattern that was broken and the next ascent target was the size of a flagpole. tp 1 99 tp 2 140 sl 68 -20% rr3.11 entry 85
If the weekly candle is above 0.6467. Approves the Elliott flag and wave pattern at 3 times a week. Target 1.5777 is predictable.
If the weekly candle closes below 6.4, we have a drop to $ 3.9. If it stabilizes above 7.316, we will grow to 14.8 in a few weeks
If the weekly candle can stabilize above the resistance, we have a cup and handle pattern and I open a new position. The loss limit is below the weekly candle and the profit limit is equal to the depth of the cup.
If the weekly candle can stabilize above the resistance, we have the pattern of the cup and the handle, and I will open a new position. The loss limit is below the weekly candle and the profit limit is equal to the depth of the cup.
In the weekly time frame, we have an ascending triangle, which I expect to start a new ascending trend with its defeat and pullback to the upper side. I found two weekly pivots in the chart that I drew in a rectangle. tp 1 0..02921 tp 2 0.03929 tp 3 0.04938 ** tp 4 0.08016 sl 0.01745 rr 31 This analysis is for people with a lot of patience and holders
ENTRY 2.66 TP 1 3.4 TP 2 4.99 TP 3 5.79 TP 4 8.893 SL 1,742 The loss limit is 34%. It is better to enter a staircase with a small volume RR 6.7
This analysis is based on weekly timeframes and is based on chart movements in weekly timeframes. The first thing that is seen; HL is the LH that indicates the triangle pattern and an ascending major channel is formed from the beginning of the process. When we look at the daily timeframe, we see that the triangle has failed and is well supported in the pullback....
If we look at the daily timeframe, we find that the five Elliott ascending waves are over and now we have to enter the ABC correction phase, or the zigzag pattern. I consider an important line of support and resistance for this currency, which determines its trend. If the rectangle is broken, the downtrend and confirmation is DOUBLE - TOP and the drop to MA 200...
In the weekly timeframe, the pattern of cups and handles and with the defeat of its resistance line and pullback, the upward trend has started again, of course, taking into account the bitcoin conditions. In growth, expect to climb to the size of the handle and then to the size of the cup itself. Therefore, the first resistance is 0.078 and the second resistance...
TP 1 10.5 TP2 12 TP 3 14.36 TP 3 18 RR 6.7 RR 4 In the long run
The chart is based on Heikein ASHIN TP 1 116.6 TP 2 146 TP 3 193.7 RR 6.99 SL 68
In the daily time frame, we have a triangle pattern and a trend line. If the triangle fails from above, we have three targets for it. Grow up to daily pivot and then in case of stabilization failure growth to the size of the base of the triangle and then stabilize the flag pattern with HH which grows to the size of the flagpole T1 0.61 T2 0.7387 T2 0.86 RR 5.3 SL 0.27
Hammer pattern on the floor of the ascending channel and MA 50, and in case of formation of an ascending candlestick, it grows to the midline of the ascending channel, and if the support of the canal floor is lost, the DOUBLE - TOP pattern is confirmed.
Engulfing in daily time and 3D in four hours, breaking the uptrend line SL 1.38267 TP 1.37173 RR 2.36
This analysis does not apply to traders and holders. In the four-hour time frame, we are involved in a triangle that we expect to climb to the size of the flagpole in case of failure. The range of 6.4 is a very important resistance, which is the resistance of 2.618 Fibonacci previous wave and the target of the flagpole. SL 4.9 TP 6.45 RR 3.3
In the weekly timeframe, we almost see Elliott following the wave count. Here are two hypotheses for the growth of bitcoin: In the first case, Bitcoin will not be able to break the resistance of $ 67,000. I expect a drop to $ 55,000 and the start of a new upward wave. It is up to $ 90,000 and then we enter the correction of the end of wave 5. In the second case,...
The pattern of the cup and handle is seen in the chart, and if the weekly pivot fails, growth occurs first to the size of the cup handle and then to the size of the cup itself. If it stabilizes, expect growth of 40 to 50% in most altcoins. We also have a trend line that breaks the pattern if the trend line fails.