in my opinion, these leg of bearish movement is not ended yet. btc need to go a bit lower to prepare itself for 76k. all the things and targets are mentioned in the chart. lets see what will happen to it
on daily and 3 days TF, ichimoku tries to form reversal pattern but it's not complete right now, let's see what will happen in the next move. because these reversal signs are in long TF, it can goes another step down and then it will be come back again.
by reversing from these point, i use fib extension for finding the targets. the most probable one will be...
the ichimoku point to lower level, we can draw a channel to it which nicely the middle line of it work, i am really appreciate giving your opinion about these chart, especially analytics who do it's analysis on elliot wave.
there is no divergences or reversal sign in ichimoku, so as i found all of the market will goes a bit lower but there is triangle which...
I check the Ichimoku cloud in weekly and daily timeframe and the best option come to my mind is what's I draw in the chart. I hope that will help you in your trade. All the targets are mentioned in the chart.
by considering the ichimoku cloud in 8 hours and daily, there will be a resistance and another leg down in bitcoin. there will be a little upward movement to 55086 area and then surge to 48.5k area. after that i will update my analysis.