hemannkim

hemannkim

Same target but alternative count. Double Three(WXY) pattern. Wave Y as another Double Three pattern. My pimary EW count for Wave IV -> Alternative count for Wave IV. (1) ->

hemannkim

Same target but alternative count. Double Three(WXY) pattern. Wave Y as Zigzag pattern and forming expanding ending diagonal. My pimary EW count for Wave IV ->

hemannkim

Wave IV as Expanded Flat pattern. Unfortunately, we haven't finished Wave C of IV yet, which means the bottom still not in. The bottom price target is around 15k IMO. Wave 3 of C could be complete though. (17.6k) I strongly believe we're in the corrective Wave IV and still have the impulisve Wave V left.

hemannkim

Forming an ending diagonal pattern, Wave III finished at $65k last year. Wave IV is still in play IMO, which seems like a triple three(WXYXZ).

hemannkim

Bitcoin has been dropping below 28.8k, which leaves us the expanded flat pattern.

hemannkim

It seems that the price of Bitcoin is now breaking out above the upper trend line of falling wedge pattern, which forms an ending diagonal. Time to move big either way.

hemannkim

Wave IV as Double Three Correction. - Wave W: Zig-zag - Wave X: Any Three - Wave Z: Double Three of smaller degree BTCUSDT looks like it's forming an expanding leading diagonal, which means the new impulse wave just begun.

hemannkim

Wave IV as Double Three Correction. - Wave W: Zig-zag - Wave X: Any Three - Wave Z: Double Three of smaller degree Also, the symmetrical triangle is shown in the chart above. When a symmetrical triangle forms in a downtrend, then breaks and closes above the declining support line, it suggests a reversal of the downtrend. The new impulse wave begins soon...

hemannkim

1. Wave II as Zig-zag Correction 2. Wave IV as Flat Correction (Running)

hemannkim

The 3rd Halving Cycle: - Elliott Wave Theory - Fibonacci Channel - Wave IV as Expanded Flat

hemannkim

A broadening bottom pattern usually forms in a downtrend and potentially signals as a bull market reversal. It has the appearance of a megaphone as the price expands with higher highs and lower lows. This chart pattern looks like a potential correction before moving lower, but instead indicates a reversal in the previous trend. A broadening bottom is a form of...

hemannkim

AS the RSI creates an oversold reading followed by a higher low that matches correspondingly lower lows in the price, a bullish divergence occurs. This indicates rising bullish momentum. In addition, the falling wedge is a bullish pattern regardless of what kind of market it appears in. The break happens when a price goes through and stays above the resistance line.