jamesdbarnard

jamesdbarnard

BTC has retraced down from making its new ATH to a critial area of support We have still not touched the weekly 20EMA (which tends to happen every 14 weeks) which is still a strong possibility at 52.8k area and it is vital that this is not broken once again This is widley reffered to as the Bitcoin bullrun support band which was already penetrated before so a...

jamesdbarnard

A possible EIW and ABC correction move for BTC creating a double bottom at a strong zone of support

jamesdbarnard

Could we finally see BTC bounce back to test the 63k area after putting in a triple bottom at a support zone? We have hit this a few times before and bounced but can we do it a 3rd time or will it fall though? The DXY is also looking at a triple top too.. Let me know what you think guys, I sucessfully traded this zone earlier for a long and will be looking to...

jamesdbarnard

While we are seeing some movement back down I am interested to hear your thoughts on a possible further retracement back to 55k zone before continuing up? The Elliot Waves are in correct order however on the larger scale we are requiring a further 15-20% as around a 70% correction is required but only 55% was fulfilled. This coincidently would put us back around...

jamesdbarnard

The monster that is Solana, anyone who is not already holding is looking for an entry right? Hold fire it is long overdue an ABC correction which could see the price fall to lows of $65!! Yes $65, but not before hitting its current target in the $335 area This correction will likely need to coincide with a large correction for #BTC #Bitcon before charging to...

jamesdbarnard

With SHIB going on an explosive run recently a huge pullback is expected We are now in Wave 4 of the Elliott Inpulse Wave and Wave C of the correction wave Both of these combined with the trendline of support put us back at 0.00005395 Once the correction is complete Wave 5 should see it explode up to the 0.00012484 region, over DOUBLE the current ATH

jamesdbarnard

With BTC correcting itself over the past few days we have seen the 60k support broken today. It is yet to be seen if 60k will be retested as resistance but we are now back where we were around the 15th-16th before the big push to ATH The chart is incredibly similar just in reverse and this could even be seen as a large head and shoulders, which if valid would...

jamesdbarnard

Solana, the beast is heavily overextended currently after an impressive run. The measured move will be to come back down to $150 where it has continued to find support, before breaking out of structure to a new ATH. This move back to $150 will need to coincide with a larger #BTC #Bitcoin correction which is anticipated. Once we have broken out of structure...

jamesdbarnard

BTC is in the process of backtesting the 21EMA on 4hr chart This is a pivotal moment as rejection will see a move to the downside If it manages to climb and close above we should see a move to the upside with 68.7k still the target #CrunchTime

jamesdbarnard

While the overall sentiment is still bullish, a double top has formed at ATH We could see a dump back to 60 and even 56k if the bottom trendline does break and act as resistance

jamesdbarnard

Each time we have touched the trendline we have moved to the upside Still a possibility for us to come down and touch it again as the wick is long with 68.7k our target if we can break above resistance of downtrend from ATH While this bottom trendline is respected we will continue to be bullish and overall in an uptrend If it is broken, the target box around...

jamesdbarnard

The measured move for #Bitcoin is to backtest 65k area which coincides with the bottom yellow trendline. This trendline has supported since 11th with 8+ touches each time a move to the upside after. Target will be 68k if we breakout and hold as support

jamesdbarnard

#BTC #Bitcoin must close above $60,228 on a weekly candle with the body of a candle, not just a wick to confirm a move towards 70-100k. There is a possibility of a pullback to the green box before we break above with multiple bearish divergences and a large raising wedge #CrunchTime

jamesdbarnard

Trading plan for #BTC short if this plays out we will need to wait for a retest as it will be going against bullish trend 52-53k target

jamesdbarnard

Keep an eye on this could be a nice trade if we break and hold above 25 cents

jamesdbarnard

The move to ATH to trigger 100k? We need a bullish divergence to be created and that can only be dine by a pull back

jamesdbarnard

Looking for long setups around 45.1k before a move to 51k

jamesdbarnard

Bitcoin must not break the green trendline to ensure bullcycle continues, falling wedge must decide it's move in the coming days..