Hello Guys and Girls, i think Bitcoin cant reach new ATH at this Time, we have to go lower with a Elliot Wave ABC correction The Volume Spike at point A is to Low in my opinion I expect sellers coming on the plan at Point B, around 0.5 - 0.618 Fib Retracement Level. My Target to Buy new BTC is at 40K at Point C, we also get Support there from the 200 Day Moving...
Hello Friends, ABC correction after Eliot Waves, first step 23.6 fib retrace at around 52 Dollar. Up to B for an Head and shoulder picture wich is completted at 23.6 retrace from A to B, finish with point C at 38.2 retrace and the bottom of the upward channel. Lets have a look :) Cheers
Hey Guys and Girls, BTC is about to get hot... Here in the Daychart, you can see the big triangle Patter which has formed since the big wave at the end of last year. Next Support is around 7.2k on the bottom of this triangle pattern, the RSI moved also to the oversell zone, so i think we bounce from there(pink arrow). But we has to eliminate the 200 Days EMA...
Hey Guys and Girls, Nice Fractal growing now, Think we will see KRAKEN:XBTUSD at 7.2k in the near futer, and find Support there. First wave was masiv at the end of last year, then we was going down to around 5.8k. Coming Back with a second wave up to 11500 with dopple top before we going back again to around 6.5k. Thats was the Start Point of our 3 wave we...