JOSHEVANS

01:36

JOSHEVANS Updated 

got that daily 50 EMA touch at $50k i've been talking about for weeks. That was bottom! looks like we are breaking the resistance of the bull flag. if we break and close above the 0.618 fib the target for this bull flag is $68k

06:51

JOSHEVANS

weekly bearish divergences are nothing to be sniffed at! however, if we go off the previous bull market we saw two weekly divergences before making our blow off top. currently we have corrected 26%. Bitcoin has been smashing bearish indicators left right and centre and i think this one is no different and just a small hurdle before we move on to make new highs.

04:29

JOSHEVANS

Bitcoin has broken out of the falling wedge (yellow) and flipped the resistance. i believe the ABC correction is finished and the low has been put in, completing wave 4. I scrapped the linear line connecting the bottoms of both wedges in my previous analysis and i think the parabolic curve fits better. we have broken past the 0.618 fib and i believe once we...

03:16

JOSHEVANS

follow up from my previous analysis. The IH&S or falling wedge didn't play out to my target (0.786 fib) However, we got the 0.618 fib. I'll take this as my (b) wave. Bitcoin is now on its way down to find the (c) before we begin our 5 wave impulse. my targets are highlighted at the daily 50 EMA and finally the support lines of the yellow wedge and white...

02:01

JOSHEVANS

Potential IH&S forming here. currently back tested the 20 EMA (4H) which is subsequently the 0.382 fib. RSI is turning up and has room to move up more. lacking volume in this right shoulder (something to watch out for) confluence in targets for both the falling wedge and IH&S. Bullish target = $55k (0.786 fib) Bearish target = $42k (50 EMA Daily) if the 0.382...

04:57

JOSHEVANS

Falling wedge target is $55k which is subsequently the 0.786 fib we have been rejected multiple times by the 0.382 Bulls need to close above the 20 daily EMA for a continued move higher imo. If we close below first stop $45k and potentially lower.

JOSHEVANS

Extended (a) correction in the shape of a falling wedge. Breakout target = 0.786 fib which would completed the (b) wave. (c) correction back down to test our final low between $40k-42k

02:51

JOSHEVANS

previous high suggests an ABC correction. (a) correction closed above 20 EMA and impulsed 15% (b) test of previous high (c) broke the 20 EMA and tested 50 EMA as support and impulsed 100% most recent high showing similarities. waiting for a daily close above $48k to confirm (a) correction before an impulse to highs again to form our (b)