Just an idea but I have a feeling BTC is coming down to $5k - It broke the previous 61.8% fib level so it's next level is the 78.60% level which sits on $5k also there is an old support area in the middle of leg 3 up on the left hand side.
Let's see where she goes
Not advice just playing the game :)
Just having a little look at BTC and thinking it may come down to $7200 it's broken the 61.8% fib so presume it's coming down to the next level.
I think I have an OK count but lets see how it pans out
Not advice just me farting around :)
This is just an idea - Feel like I have a fairly decent count on this would be a long around $11 if I was to play it out we should see it hit the bottom of this bullish flag and hopefully start wave 3 of the major elliot wave :)
This is not advice.
Please do not take these charts as advice - I am just learning and using the publish feature to store my charts to see how I can improve.
We need to break out of these triangles to begin wave 1 of leg 3 for the Elliot wave theory to stay in tact
Got a good elliot count
Price last made a new higher high but RSI shows a lower low showing hidden bullish...
Looking like a reversal off the $8700 support lets see where it heads. the 0.618 fib is sat around $940.
With a good count and the RSI showing bullish divergence I see it bouncing nicely from here
Reasons for WTC coming down
Elliot wave count
Current ABC pattern forming a bullish triangle
I think WTC is looking good in the long run it is in a good position for a big wave up aiming for the 0.618 retracement on the fib to start stacking some buys around $0.88c
Looking like it will be a breakout if it breaks the upper most trend...
Some reasons why I am long:
On the RSI we have made 3 new lower lows while the price has made higher lows which are bullish signs
I have a count that we are in wave 2 of the major wave
The MACD is upticking on the histogram and is bouncing on a support
Not advice I am just using this for my own benefit to see how bad I do :)
Target $11500...... ish
I think I have a good count on TRX and if all goes well could reach 1250 sats
Main reasons for a long position
We are bullishly diverging on the RSI
We are upticking on the histogram and MACD
We found good support at 850 sats where the ABC count completes and is bouncing between a fib area
If the count is correct then we should be starting the fifth wave up...