karthiksai

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Wait for break above the trend line. It is very hard to analyse the WINBTC chart.

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Explanation in the chart

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Broader view -

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Explanation in the chart.

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This move will be a part of corrective wave (A). If it happens, it will be very quick to reach the resistance 2300 sats.

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Most required charts are here. Little explanation in this idea. Do correlate on your own. First and foremost, There are two ways to accumulate BTC. One is by trading the BTC/FIAT markets. Other is by pumping alts. Start with global financial markets indexes. If these markets are being liquidated, that money finds another market which is at the start of...

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Many patterns are possible. But I am looking for these possibilities for now.

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Link made a false breakout previously, but this time it can be real. Breakout can happen only if BTC breaks down. This Idea is evolved from continuous practising of elliott wave theory analysis and counter trading my own trade signals.

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This post is for those who wish to improve their Elliott wave analysis. Interested traders can comment their wave counts. Wave counts will be updated based on the discussion in the comments. Right or wrong, feel free to comment your wave counts. This post is only meant to learn. My wave counts can be right or wrong, as I am also a learner. Related ideas(links...

karthiksai Updated 

This post is for those who wish to improve their Elliott wave analysis. Interested traders can comment their wave counts. Wave counts will be updated based on the discussion in the comments. Right or wrong, feel free to comment your wave counts. This post is only meant to learn. My wave counts can be right or wrong, as I am also a learner. Do read my earlier...

karthiksai Updated 

This post is for those who wish to improve their Elliott wave analysis. Interested traders can comment their wave counts. Wave counts will be updated based on the discussion in the comments. Right or wrong, feel free to comment your wave counts. This post is only meant to learn. My wave counts can be right or wrong, as I am also a learner. Here are some resources...

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Some explanation in the chart. There is tight consolidation going on at the 2300 sats historical support. We do not have a reversal pattern to confirm trend reversal but we only have a huge bullish divergence on daily RSI. This market can make a power move to test 3000 sats strong resistance anytime soon and will be the first elliot wave. Place a stoploss if it...

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Pre Script - This is an unbiased analysis based on multiple year Elliott wave cycles, turning out to be slightly bearish. Some spoon feeding will be done in this post keeping in mind the traders who are new to trading like me and are willing to learn to stack up BTC . Experienced traders can right away jump into Technical Analysis section of this post. Waves...

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Apt Title - Alts are behind BTC dominance by a wave Waves nomenclature : Primary wave - Violet colour waves in chart Intermediate wave - Yellow colour waves in chart Minor wave - White colour waves in chart Some spoon feeding will be done in this post keeping in mind the traders who are new to trading like me and are willing to learn to stack up BTC....

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Trade entered at 20k sats.

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Explanation in the chart. If the market finds support at 650 sats support and stabilises above it, this could be the perfect long entry to catch wave 5. Will be updating this post.

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Technical - XRP is currently sitting on a 2800 sats strong support level. It has been traded for many days in that range in the past. Also you can see the market maker is not letting the price fall below this level despite the other major alts having a breakdown as soon as BTC broke down 11000 support level. The volatility shrunk drastically which can be...

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Matic's bounce from 113 sats to 145 sats is not backed by enough volume to consider it as a reversal of trend. It already looks worn out on the 1 hour RSI. 100 sats support level is where the stops lie. A meaningful reversal can be expected only after testing that level.