The price reached the 3,618 (64,896) level of the Fibonacci retracement traced from I to II. Which represents an extended wave III as seen in the graph.
A minimum correction is expected at the level 0.382 (41.298) of all that impulse, this level belongs to the entire cycle of the sub-waves (numbers in circles) of wave III. This price correction is...
I share analysis about Bitcoin. The market capitalization of all cryptocurrencies rose 10% to $ 1.042 trillion, according to data from CoinMarketCap. Bitcoin BTCUSD represents around 69% of the total market capitalization. This tells us that the big institutional hands as well as the millionaires have been investing in BTC for the last month, which...
Hello Traders. There are two possibilities for bitcoin from my perspective.
1.- Price must meet corrective Sub Wave C as part of Wave Z. A complex triple combination correction
2.- Wave Z has already been fulfilled with a Zig-Zag. We are now in new Wave 1 to search for new historical highs (There was a channel break)
3.- Formation of a Bearish Bat Harmonic...
The GameStop company, a chain of video game and merchandising stores, has been in the news for a few days due to the spectacular rise that its shares have experienced on the stock market. But what happened?
1.- After the rise in GameStop shares are individual investors grouped in the WallStreetBets forum of Reddit
2.- Large investors were shorting GameStop and...
Hello Traders! I see a selling opportunity in the BTC.
Reasons for the operation:
1.- Harmonic Pattern Bearish (BAT)
2.- Sub Wave C of Wave Z (FLAT)
3.- Fibonacci level confluence
4.- The price is at the maximum of the channel. Dynamic resistance
5.- Complex combination (WXYXZ)
Entry Price, Take Profit and Stop Loss levels are on the chart
Have a successful Trade!