This is a preliminary assessment of the overall structure, building on the previous analysis, which I still consider the most likely scenario. While I acknowledge the potential for further upside, I cannot ignore the strength of the overall trend. From a logical standpoint, it seems we have at least a few more months of sideways movement in Bitcoin. The trend...
When I take my time to compose my posts, it typically indicates that I'm engaged in background analysis. Through experience, I've come to understand that when one's mind is solely focused on trading, important factors can be overlooked. Instead, I've adopted a habit of conducting thorough analysis. Currently, I've identified a potential long-term count for Bitcoin...
I've been experimenting with these recently introduced coins to gauge if they offer insights into Bitcoin's future price movements. Currently, there's a possibility that all three could trend downwards. It's prudent to acknowledge that we might still be in the midst of corrective phases in these movements. For now, my stance is bearish unless there's evidence...
Regarding POPCAT, whether it's related to cats or not is irrelevant to me; my focus lies solely on profiting from chart analysis. Despite my lack of research into this particular cryptocurrency, my perspective remains clear. It could very well be a sanctuary for homeless cats, for all I know. What I can say is that we're observing a nascent coin poised for a...
To all newcomers to my channel, I introduced my proprietary wave-reading methodology back in 2015, which I consider superior to others. I apply it across interest rates, the stock market, currencies, and cryptocurrencies. Its simplicity is key, and today I'll provide a concise overview of its principles and functionality. This will shed light on how I'm able...
I've been closely monitoring this memecoin since its inception, and its behavior indicates a resurgence in memecoin enthusiasm. It's highly probable that we'll witness a surge of interest in this particular coin shortly as word spreads and more people jump on board. The pattern seems promising, and initiating a long position with critical support at .012069...
In this video, I delve into a specific scenario indicating a potential downward movement for Bitcoin. I discuss how to interpret these indicators to discern whether it signifies a short-term bearish trend or the beginning of a significant downturn.
Given that this cryptocurrency is relatively new, I decided to challenge myself by analyzing its recent waves in search of potential insights. It's always intriguing to see the varied responses these charts elicit, as you never know who might be observing them. I felt compelled to share my perspective and wisdom. There appears to be potential support around...
Yesterday, I mentioned my intention to assume a spectator role, concentrating on analysis to comprehend our current position thoroughly. This approach allows me to equip myself with insights necessary for delivering daily videos featuring insightful trade ideas. In this latest video, I've begun to shed new light on existing patterns, introducing fresh logic...
I've presented both a bearish and a bullish perspective. However, there are certain indicators I'm keeping an eye on that suggest the bearish scenario could unfold, which I'll discuss in more detail shortly. For now, i'd like to share my reflections on the current wave structure. If we haven't reached the peak yet, it's likely due to flaws in my wave count,...
I'm hesitant to delve too deeply into this count, as it seems almost inconceivable. Nonetheless, I remain open to the possibility that this chaotic scenario is far from over. My primary objective is to profit, irrespective of the market's direction. If this move is only just beginning, then I accept that reality. I'd rather not be the pessimist whose...
The current count is under scrutiny due to VRA surpassing previous highs unexpectedly. This development challenges previous assumptions. My current hypothesis suggests that we're witnessing Wave 5 within Wave E, marking the final corrective phase of the entire correction cycle. While my recent success in predicting the latest drop might seem fortunate, the...
In this refreshed perspective, I share my up-to-date analysis grounded in recent market activities. My assessment suggests an imminent return to lower levels with a potential breach of support. Notably, resistance stands firm at .01225. The target lies at the lows of .00938, although further downward movement is plausible.
In this revised concept, I offer my most recent analysis derived from the latest market movements. It is my contention that we are poised to revisit lower levels and breach the current support. Notably, resistance appears formidable at $68,993, with the target set at the support level of $59,044.
In this quick update I give a quick summary of the latest analysis for VRA, this is in line with the Bitcoin idea linked below. I will post a more detailed video later.
Just a quick update on my analysis, I believe Wave 2 has ended and we should see prices fall dramatically with critical resistance stop level at $63,469. I will post a full break down once we start moving lower.
Based on the information available, it seems we are witnessing Wave B within an expanding Wave 2. The lack of strength in this movement hints at an upcoming Wave C bounce that has not yet materialized. The observed weakness indicates there might still be potential for limited bullish momentum, but this is contingent upon reaching a definitive low at .00938....
We are presently navigating the concluding phase of Wave 2. The conclusion of this wave will signify the end of Wave 2 itself. A definitive indication that Wave 2 has concluded will be observed when we break below its inception point at $61,544. Significant effort and attention has been dedicated to thoroughly analyze this structure, ensuring we have a clear...