weekly rezistence zones for btc , 1st one have some impact , im expecting the bigger rejection from the 618 , and we dump for the last leg for the FINAL corection dump. arround 28-31k , we will calculate as soon as we see what patern it makes .
SAnd shor term movement , plus like a show in the youtube video , sand can go to 100$ for the long term !
This is another scenario i have in mind for btc , what do u guys think?
Btc potential scenario , on lower time frame is an WXY , on daily is a pure ABC for a wave 4
We are now in an ABC that will create wave 2 , A almost done (targets in chat ) , good entry for a wave B impuls , after this we will have the last C wave that will be a good entry arround 3.12$
Targets for this scenario are in chart with good entry on the wave 2 retrace .
corection target for the abc that will make an wave 2 , after this we should expect the wave 3 move
we are now in a wave 4 with the primary target at 0.3 and seccond to 0.5 fib , after this we will drop to a wave 5 with the target at 90$
Btc Is an another ABC for the wave 4 of an ending diagonal . As you see on the chart we are on the A wave wich is formed by on abc on lower timeframes , after this we will have a B wave retrace , and a final C wave impulse for the wave 4 , after this another ABC down for the wave 5
As u guys know sand has a lot of potential , by using elliott waves i counted this corection and i may found a bottom here , u have targets in chat !!! If we we have a five wave impuls we can go from here , but if we go in a 3 wave impuls ABC , we will have another low , seccond green line
This is what i see on the short term chart , all is calculated to 1 to 1 ratio , and the last leg impuls is in confluence with wave 4 0.3fib 40k
1 more leg down , to 31k /28.6k As u see market moved in 3 waves , ABC all over , this is an ending diagonal !
Hello guys , wellcome ! WE have this last leg C formed by 5 waves , as you see in chart we finished wave 3 and now the wave 4 is forming , i expect a rejection from this 2 price targets : 1. 38.8k 2. 40.7k If we get rejection from there we have a confirmation for a last wave 5 wich has the targets shown in chart with purple . That depends where btc get...
Btc possible targets for this abc corection. round numbers 26k 1st target , 19k seccond target
#BTC , if this small impuls wave 4 stops at the given targets 43.6k-46.6k , the target for wave 5 should be 28k and the end of this corection.....
As u can see the paralel channel si respected very well , we are in the last C leg , wich will take us to 18k BTC
1more pump and 1more dump too shake evreybody off. We are now in the Y wave wich if formed by an ABC . We just finnished the A and we have B and C remaining , we are now in a B impuls with the targets shown in chart , after this a C dump which will make people cry :((
like u see in the chart we will pump today , i put lines for targets so u can read easier . good luck