First target is $34. Enjoy the ride. Unless BTC ruins party...
Above ichimoku, Stoch RSI oversold. Obvious upward trend, just taking a quick break. All good all good!
Long situation: We are looking for a bounce here on ichimoku and 50 MA support lines. Short situation: Falling through the support area will cause SR flip.
Above Ichimoku cloud on the 2h chart. Had a little retracement today which was expected after a aggressive run. Looking for profit taking zone at around 1.26 then another at 1.53.
We broke out of long descending wedge on daily chart with consecutive green candles with S/R flip. We are still not out of the woods just yet but it's looking promising. Some more confirmation is needed for full confidence in trend reversal. We really want to be above the Ichimoku cloud. Looks overbought on the RSI so after retesting the new support, we should be...
But if BTC does something funky, this can be invalidated. Current target for wave 3 is 7400
Buy 8100-8200 First target Sell 10300-10600 Buy 9000-9200 Final target Sell 12800-13000
Looking to buy back in before Wave 5
Clear Elliot Wave forming
Bigger timescale to my previous idea. Retrace to 0.5 and heading upto 1.681. Unpredictable BTC movements may invalidate all of this.
Buy around: ~6800 Target ~9200
Need to drop to around 7.5k support to start Wave 3