Friends, This wave is much too big to be some kind of first wave! Technical Section: What we have: - The rise from 2019 to 2021 was Wave 1. - Wave 2 is an expanded flat. What we don't have: - Wave 3 = either 1.62 x length of wave 1 or 2.62 x length of wave 1 or 4.25 x length of wave 1
I believe it would be reasonable to look for a new bull market (I expect higher prices) (Target-1 = $ 57k, Target-2 = $ 73k) I think it's clear to all Appendix:
If A, then B (if A is true, then B must be true) A implies B, B implies C
Sometimes I add a bit to what I have thought. Technical Section: Wave 5 has two different relationships: 1- If wave 3 is less than 161.8% of wave 1 -----> the 5th Wave overextends itself. 2- If Wave 3 is greater than 161.8% of wave 1 -----> Wave 5 = 100% , 161.8% or 262% of wave 1 As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result,...
An uptrend must be in progress. Let us Leave doubts aside. Target = $ 45
1-(Jun 10 2023) Ethereum Classic (ETC) is not a security under existing United States laws 2-(24 Nov 2023) Golden Cross 3- (17 Jan 2024) BTC Sees Its 1st weekly Golden Cross. lets take a deeper look: Bitcoin (weekly) Conclusion: Mentally prepare yourself for bull markets (Ignore people who sell ETC now (they cannot predict what will happen!) you will...
As a result, you have to be ahead of the game and you need to know this before you play! Reuters 6 Jan 2024 : What happens if bitcoin ETF is approved? Technical Section: Bulls are lurking in the market (this is a Bullish scenario for Bitcoin)! Wave-three is related to Wave-one by one of the following: Wave 3 = either 1.62 x (length of Wave 1) or 2.62...
SEC says spot bitcoin ETF filings not clear and comprehensive. Interpretation: According to my understanding, the news tends to lag the market but this doesn't really change anything (something else forms the patterns)! We'll see
Chance favors the prepared mind (Louis Pasteur). Are You Ready? Technical section: Correct Counting:
the underlying pattern appears to be a running flat (I see signs of weakness) Target 1= $ 1941 Invalidation level = $ 2086
" The bear market is officially over " Technical Section:
If the pattern looks like this, yeah, the larger trend looks exactly the same (& the market should decline dramatically)
Chart is self explanatory. Target = $ 37k - $ 39k *MFI (1W) = 91 overbought
Target-1 (short term) = $ 45 Target-2 (medium term) = $ 95 Target-3 (long term) ----> 1 ETC = 1 BNB You know what I'm saying is true, I know you know! Appendix: 1- BNB (2021-2022) 2- Ethereum Classic (ETC) is not a security under existing United States laws
A possible path for the upcoming days Target = $ 0.138 Check out my previous analysis
Pattern: Ending Diagonal (these formations are analogous to the extension of an impulse wave) Structure: 3-3-3-3-3 Proper action: I will be watching 38k before buying more Target : $ 41500 Stop loss: $ 34000 Nov 15, 2023 Comment:
A laborious proof: Motive Waves (If my analysis is correct ...): Wave X (blue): The rise from 2020 to 2021 was wave X (keep it simple!). Corrective Waves (Expanded Flat): Wave A (black): (Apr-Jun) 2021 was a "A" wave (Wave A = 61.8% of Wave X). Wave B (green): Wave B terminates about at the level of the beginning of wave A (Wave B = 123.6% of Wave...