Certainly, here's the revised version without the last paragraph: Dear Traders and Investors, I hope this message finds you well. I wanted to share some insightful observations regarding the current state of the cryptocurrency market that may be of interest to you. As we assess the market dynamics, it becomes apparent that a bearish ABCD diamond pattern is...
"The current state of the crypto market cap appears to align with the Phase B of Wyckoff Accumulation. Traders should stay vigilant and prepare for potential market shifts based on this analysis." Look for Entries! Moon Phase in the background
1hr symmetrical triangle//abcd descending broadening wedge. This is part 3. My target is on the first chart I posted a with the bearish abcd diamond. So please check it out if you missed it
This would be a short-term short into a bullish abcd diamond following wave 3.
Daily is in wave 3 approaching the 1.618 circle fib with a bearish abcd diamond. Where there will be a change in trend to wave 4 reaching the 0.382 circle fib.
I believe a S curve will play. Weekly top channel has not been touched yet, and weekly trendline is there. Cme gap at 34k would be the trap. You will see two schiff pitchforks center basis. On April 20th is a partial solar eclipse. Btc will hold top of the channel til hits the next circle fib, and the drop in May if not sooner.
I believe BOTTOM is in... Megaphone/Bullish flag... Daily hidden bullish divergence. Death cross on the weekly is neutral...
Ascending broadening wedge, E correction . Daily in a diamond blue. 1 hr bullish abcd pattern, bullish divergence building, 1 hr FRACTAL. Fill the gap at 27,540. ABCDE is off set.
Looking at the Elliott wave structure on different timeframes. My analysis is the weekly structure is in a wave 3. While the daily wave 4, could be complete, or btc is in a wave 4/5. Not fat from wave 1. If it breaks wave then Elliott wave is invalid. Gap is right at the 800 ema as well as the 0.618 golden pocket. I btc breaks abouve the 800 ema and hold this...
Bullish bat wave c on the 4hr. Wave 5 can go higher to fill in the gap atb 27.540. Then a hard rejection at the 0.618 fib.
I tighten the chart up. Elliot wave down trend is still valid. Btc is in a golden cross on the daily and the weekly a death cross. Both are neutral. Where the inverted head and shoulder is probable, Or btc decides to go up from here to fill in the gap at 27,540
Have a rising wedge on the 2hr tf. Wave C at the bottom of rising wedge making btc a bullish bat, turning into a inverted head and shoulders with a new Elliott wave starting on the 4hr. Fill in the gap at 27,540.
4hr double top, wave c. Probable bounce of the 2.618 circle fib. Wave c would form a bullish bat. Gap at 27,540 think market maker will fill in.The 5 wave down would be invalid which would lead into a wxy 50 to 80% correction. There is a gap at zerooo
ABCDE pattern inside broadening wedge with a wave 5 count leading into a abc correction, showing a head and shoulders. Wave 3 complete on the daily. inside wave 4-5 now. As long as btc stays under 25.5k then btc is in a wave 4-5 to the down side.
Broadening wedge. In wav c. On the daily in wave 3-4. This move may be wave for on the daily.
With btc in wave 3-4 this scenario can play out. Boom hunter pro indicator making more room on the daily for another run. Caution at the 0.618 though. If 30k breaks and holds then this elliott wave will be invalid. Monthly btc on wave b 36 to 42k, or get rejected off the 0.618
I think the whales are going to play today. Be careful everyone:)