Skyrex

Skyrex

Hello, dear friend! Bitcoin is in strong uptrend on higher time frames, but on the 4h we can see the potential sign of weakness. Of course uptrend will continue till $50k, but now we expect the local correction. We have already seen the bearish reversal bar and momentum change on the Awesome Oscillator. But anyway the uptrend will continue after finding support...

Skyrex

Hello, everyone! Last time we told you about potential dump to $32k before the growth continuation. Bitcoin formed the bearish reversal bar above the alligator. After that the impulse to the downside was formed. Now price retraced to 0.61 Fibonacci retracement level. Now it's time for the rapid dump to $32k, 1.61 Fibonacci extension. 🚀Follow us and never miss update

Skyrex

Hello, dear friends! Yesterday I considered a little bit different scenario for Bitcoin, but current price action is also good for trading. Wave 5 has been finished earlier and now it's correction time. BTC has formed bearish reversal bar at the top with the great angulation. Awesome Oscillator is showing us the divergence. I expect the corretcion to the entire...

Skyrex

Hello, community! It's time for Bitcoin analysis update. We saw the boring sideways after pump and soon in my opinion we will see the great opportunity. I consider 5 Elliott waves cycle where wave 4 is about to be finished. Expecting rapid local dump to the target area at $32100. Awesome Oscillator shall cross under zero line indicating the correction finish....

Skyrex

Hello, everyone! Bull market has started on Bitcoin, I was completely wrong, sorry! Critical level was broken with no effort. The previous move from $15k to FWB:31K was the wave 1. Now we are in wave 3 which has the target at $51k. Now price is printing wave 1 inside wave 3, I think is not over but closed to the end and anyway retracement is incoming to 0.61...

Skyrex

Hello, everyone! Bitcoin made another one leg up and stopped just under the top at $32k. It looks really dangerous for bears. Anyway my main scenario still can be valid, but today I want to consider what if I am wrong and BTC will break $32k, how it can happen. If we look at the current move as to the impulse here are no ways except this is wave 3 finish. we...

Skyrex

Hello, everybody! Again you see such a frightening headline. This time Bitcoin is really at the critical point. I had a lot of doubts that this pump can be stopped, but now it has clearly formed the reversal setup. If you remember my global analysis on BINANCE:BTCUSDT I told you that we are in wave C inside wave 2. Wave C is always impulsive and have 5 waves....

Skyrex

Hello, dear friends! We have some thoughts that DOT can start it's bull run right now. Talking about Bitcoin it has not clear setup, but DOT is finishing it's Elliott waves cycle. The falling wedge pattern looks like the ending diagonal in wave 5. This wave also consists of 5 waves. Divergence with Awesome Oscillator confirms the potential reversal. 🚀Follow...

Skyrex

Hello, everyone! Yesterday's pump which was caused by fake ETF approval news shocked almost everybody. As you know I thought that it was time to go to $21500, but when price stopped at $26700 and started forming consolidation I decided that another one push up is likele and wave 2 is a complex reactive wave. Now we can see on the BTCUSDT chart that dramatically...

Skyrex

Hello, Skyrex community! Yesterday we shared the unbelievable scenario for Bitcoin and I realized that most of you don't read the articles, only look at the price chart. I told you that it's unlikely and the most negative scenario, but most of you wrote the positive comments. Therefore we can make a conclusion that most of crypto traders are waiting for $40k+....

Skyrex

Hello, everyone! Today we consider the worst scenario for Bitcoin. I see now a lot of beautiful pictires that BTC have to reach 35k, 40k, 48k, or even 60k. You cannot just imagine, that supporting such analysis you just want to bury the cryptomarket. Let me to explain my point of view. Now my the most likely scenario is reaching FWB:12K and then the bull...

Skyrex

Hello, dear friends! After reaching the target at $28600 we told you that Bitcoin will not likely pump more at least without any significaant correction. And now it's happening! After small consolidation price was not able to break through the Fibonacci 0.61 level and dumped hardly. In our opinion this is the beginning of our anticipated dump to FWB:21K , but...

Skyrex

Hello, everyone! Under the last analysis we have a lot of negaive comments. We predicted dump, but most of traders now obviously want it to go higher and higher. Our analysis is still the same, let's just figure out some additional proofs that CRYPTOCAP:BTC is ready to dump in October. On the chart we have 1D time frame BTCUSDT. After the impulsive wave 1...

Skyrex

Hello, everyone! Despite INDEX:GALA is pumping like we said in our last analysis, it looks like it's still too early for the bull run on this asset. We defined the working time frame is 1D and all Elliott waves counting will be on this chart. Awesome Oscillator is the best tool to define the wave 3 bottom, now it crossed over the zero line. It means that...

Skyrex

Hello, everyone! BINANCE:BTCUSDT is still following our main scenario. All long trades has been closed because price is entering into target zone and risk of huge -20% crash from this point is high. After finishing the impulsive wave which consists of 5 Elliott waves price is printing the reactive wave in shape of zigzag ABC. The liquidity above the yellow...

Skyrex

Hello, dear friends! Recently there are a lot of FUD around the Binance exchange and all this information reflects on the BNB price. It looks weak, but remember that 1 month ago somebody tells that cz_binance has the liquidation below $213. As you can see price went lower and everything is OK. Bad guys are trying to destroy exchange, but they will not be able...

Skyrex

Here are 2 possible scenario how the bull market can be started: 1. Negative scenario (white line) This scenario considers the bear market continuation. In this case price has just finished the wave 4 of the bear market and now is forming wave 5. This scenario is likely because price stopped exactly below the wave's 1 bottom and the axiom of non-overlapping...

Skyrex

Hello, everyone! Couple of weeks ago we made analysis on GALA where considered that it's closed to it's bottom. Since then this asset is staying at the same level and most of traders disbelieved in the any potential bounce. If you remember 2D is our working time frame to establish the Elliott waves cycle. Usually we have 3 confirmations of the reversal:...