UnknownUnicorn17284794

UnknownUnicorn17284794 Updated 

Last night btc turned back to hit its low volume node at 46230 but it was unable to hit that record as it bounced back from 0.618 fib level. BTC tried to break the downtrend few minutes ago but it was unable to do so as it had a weak support line last night. Now its turning back to 0.5 fib level, hitting the low volume node and then it will break the downtrend...

UnknownUnicorn17284794

BTC had a rise this morning to around 50k, but it was unable to hit its extended volume profile node. it is possible for it to go for another ride to hit that volume.the Fib levels have their final resistance areas around that price. the chaikin money flow chart clearly shows how its confirming the downtrend. the 15~30 minute chart clearly has another extended...

UnknownUnicorn17284794

As you can see in the chart above, Ethereum finally broke through both of its resistance lines, had a pullback from senkou line(unlike the previous attempts which resulted in Ethereum price falling below the clouds again) and is starting to rise higher in its RSI chart which means it is going to test its RSI resistance area again. could it be the start of another...

UnknownUnicorn17284794

It’s clearly following an Eliot wave trend until it hits its next high volume profile node. As you can see it already hit the previous volume node at 47k, possible correction waves starting at 52-53k. Taking the big picture to consideration, btc is already at the 4th Eliot wave and should hit the 5th bullish wave any time from now on.

UnknownUnicorn17284794

Descending triangle followed by breakthroughs. Possibly going lower than this in a few hours

UnknownUnicorn17284794

Possible Eliot wave formation in a near future, next resistance level should be on 52k and after that it should head to 55k which has a huge volume node. The last big correction scared people and they might want to break even on 55-56k. Short selling on 55k