I think US government is doing what any empires mistakenly did at the time of their death. Printing more money means raising the price of every precious substances that has intrinsic value, like gold, silver... or even bitcoin.
Decentralizing money-printing was a dream that Bitcoin was just the first step in achieving. Creating a decentralized liberal world...
I try to count eth/usd waves
this is my result
I observed ethereum for 2 years and now the time is coming,
for eth and even btc it is a moon or die game,
my plan is investing in Ethereum when it reaches to 125$ if price see those number once again, and than, just waiting for another 26 months with a dynamic SL,
an Investor should concentrate on the risks only,...
well now we can predict even better
most people think it's over but btc will leg up again soon so I put stop short position under the lower price of daily candle and I think tomorrow it will hit, and it's 4 of five wave
so I expect reverse again from 7500-7800 and we may see 12k and this is the end of wave 1 of 3 of 3 :)) so if you short btc remember soon bulls...
bitcoin try to stable above the weekly MA 21(8150),
8600 is very important because we have weekly komo there and its not time to conquer this komo with first touch.
you can see my possible counting scenario , I think we are in an extended fifth wave
but remember it's just the beginning for btc
I predict bitcoin above 50K by the end of 2021, so these counting...
the main trend is bullish, but in couple of weeks we may see 1496$, this is the point I think another impulsive wave is likely to happen which small correction is complete by then. that is an irregular correction.
Price is moving in a falling wedge , rsi showing rd+
waves telling sth big is coming and I think this can be a fundamental news or sth
Right now I'm patiently waiting for the price moves above bollinger middle line,
I also check the history
rectangle is a continuation pattern,
Elliot guide line says these kind of pattern usually happen in 4th wave, wave e of 4 is a risky one because there is a high chance that e wave cannot complete itself, as trader I have stop buy/long above rectangle and I have stop short below the rectangle this is how we can trade with rectangles...
Matic chart is shaped a complete Elliot cycle , it was a very beautiful chart, unfortunately I only could capture wave A , now I'm waiting for new pattern to be organize to decide whether I should short or long it, just watching now
after bnb breaks many supports I try to recalculate it's chart, I found we probably will see another dump soon, but it's not end of story and bnb will back soon with much more power, but now for at least two months we may see down trend.
so short no doubt