hemingford

hemingford

Correction wave 'ABC' Running flat start from 2023 Dec 23 to 2024 Jan 24. it took a month if my count is right, we are now face with new phase of Impulse wave 3th unless it breaks $40,750 in my opinon this is golden time to buy and the next target will be $55k

hemingford

We need to flee this market for a while like previous idea, it still has possibility to make price lower and lower soon

hemingford

Hello, Traders I have thought Correction could have been ended because it has possibility that correction ended with the wave Running flat pattern but world economic news seems not liekly friendly to market situation, and daily transaction volume of bitcoin not enough to make traders participate in we should think possibility price will break recent lowest...

hemingford

Bitcoin waves in these days seem likely to be Expanded flat pattern that big unit (B) wave is higher than previous high. so it has possibility to be bearish wave composed of 5 waves target price is under 20k Everyone good luck !

hemingford

Hello, Traders Looking at the chart, I thought that the current position is similar to the downtrend pattern learned in the past, but it is a position where the price can rise significantly if the low is not lowered further. I will start trading with a target price of 36k in the short term. wish you all a successful day.

hemingford

Hello, Traders The price at 25k makes sense. Since it is the first support area of ​​the previous high, it is an area where many purchases occur. However, as you can see, most traders worry a lot here because it fell below 25k and then raised again. However, my opinion is that this 25k should be considered a breakthrough, not supported. If you have time,...

hemingford

Hello, Traders Keeping the point of view of a post from a few days ago. (See my past post) First of all, the 1:1 ratio of the huge correction is $23,260, far below the $25,250 that people are most likely to buy. If it goes below $23,260, in the worst case, 88.6% of the entire wave that began in November 2022, or more than 90% could be retraced

hemingford

Hello, Traders Bitcoin breaks down the support(Neck) line formed at the high point and has a head and shoulder shape when viewed patternwise. The price retested the neck line again, but it was confirmed that it was a strong resistance area, and looking at the wave form, it is now a place where a minimum C or Wave 3 for a downtrend will appear. The price is...

hemingford

Hi everyone. I am posting after a long time. For over a week, BTC has not given a clear direction to go long or short. But six hours ago there was a chart pattern that started showing up to me moving, which is a corrective wave consisting of a running flat of 3-3-5. From a running flat perspective, we will continue to maintain an upside view until the price...

hemingford

Hello traders. It's been a very long time since I posted an article. Likes are a big help. First of all, before we start, we make sure that the previous wave ends with a simple ABC counting, not an upward impulse wave. Now, one big pattern that can open up one possibility is a bearish wave consisting of 5 waves and the expected point is $13,000. Please refer...

hemingford

Helllo, Traders To explain based on my last idea, wave B seen on the chart is just an expanded flat when viewed in the form of a wave. I will still keep my view that it will reach 23k. What I think may be seen as a simple drawing game to some, but 😘 Good luck everyone.

hemingford

Hello, traders I tried to analyze the overall flow rather than dividing them one by one 1) Triangle wave 2) Impulse wave I think the whole WXY wave was created by completing these two things. If the price does not form a new high, this strategy is valid and the target price is 23k Good luck

hemingford

The correction wave ends as above. Now you can expect a price of 75k as a first step for Bullish.

hemingford

Hello, Traders The long correction wave, about a month has ended. If it stick to ABC's 1:1 value of $42,000, we can expect the next bullish wave Price will retest at strongest resistance $58,000 soon

hemingford

Hello Traders There was a 10-day price correction after the price reached its peak. In the previous post, I predicted that the price will be adjusted up to $51,500, but the shape of this correction wave was very difficult. In conclusion, the correction wave seems to have been ended with A-B-C correction If you are buying on the spot, please make the first profit...

hemingford

Hello, Traders The most important place is $58,320 as resistance, and now the short position is very advantageous. Now the price will confirm the support of 51-52K. I wish you all good luck.

hemingford

Hello, Traders Confirmed that it is not a correction wave but an impulse type wave The expected rebound position is to confirm the retracement of 61.8% of the rise from wave 2 to wave 3. If there is a price rebound from that area, the price can be retested for $58,300. Good Luck and take care!

hemingford

Hello, Traders As prices continue to hit the resistance zone, the market is more likely to talk about corrections rather than rises. If the chart creates a shape that keeps raising the low, then we can talk about the rise once more. It's time to check if there's movement beyond up to $50,250 or correction begins Good Luck !