GustavoCastaneda1

GustavoCastaneda1

Hello World! Me again, today we are going to analyze the behavior of Bitcoin and its next big move Bitcoin is in the highest zone of the range that we have been having in recent weeks, however time has run out, in the next few days Bitcoin will have a break to the upside looking for $46,700 and possibly we will have a small rally towards $55,200, It is important...

GustavoCastaneda1

Hello World! Today we will analyze the daily chart of bitcoin and make a projection for the next 30 days. Despite all the political and international issues that seem to affect the price, bitcoin remains in the last impulse of Elliott wave 5. According to the Elliott Wave theory, wave 5 could end with a major absorbing candle, especially if the daily candle...

GustavoCastaneda1

Hello World! Today we will make a projection for the next 48 hours. The 4 hour chart is clear, the price will range or fall, if it rises it will not go above $44,000, it will quickly be rejected as the move has no volume, no strength and time is running out. The highest probability will fall, how much will it fall? The target prices will be $33,000, this decline...

GustavoCastaneda1

Hello World! Today I am going to analyze the weekly chart of Bitcoin Within a weekly chart, the price of Bitcoin would have one more setback to the last zone of $33,000 since the volume within the daily chart is still very low, time passes and Bitcoin does not rise strongly, this is a very bad indicator. This last setback that Bitcoin will have will be to take...

GustavoCastaneda1

Hello World! Today we are going to analyze Bitcoin gaps on a daily chart Bitcoin will have a setback, these drops will serve to close the gap between $41,420 and $40,935, the prices that it will touch would possibly be $33,000, it is important that the price does not drop below $30,000 since in case of lowering the probability that it will drop to close The gap...

GustavoCastaneda1

Hello World! Today we are going to analyze the price of Ethereum on the daily chart Ethereum has a complex outlook since the volume with which the price rose was very little, we can see that it was dated at the first resistance of Fibonacci 38.2, which indicates a strong downward trend, as we can see Ethereum has as its last resistance the area of $2,200 and...

GustavoCastaneda1

Hello World! Today we are going to analyze the price of Bitcoin on the daily chart Today we maintain the Elliott wave scenario, there are 3 impulses and 2 retracements, the price begins to go to wave 5, this last downward impulse will not always pass through point 3, sometimes the failure of fourth occurs which is an impulse with little force. On a daily chart...

GustavoCastaneda1

Hello World! Today we will analyze the daily chart of Bitcoin Bitcoin is reaching wave 4 within an Elliott wave, this means that they are not buying zones, they are profit-taking zones or to protect your long or spot position. The price may touch $44,000 in the next few days, however, it is still not a buy zone. Price, volume and time always go hand in hand, in...

GustavoCastaneda1

Hello World! Today we will analyze the 4 hour chart of Ethereum Ethereum has the same chart as Bitcoin, however in the Alcoins we can see less volume therefore the movement is less strong, the rebound movement of Ethereum will take it to touch prices of $2,974 as the first resistance, if it is able to break this zone will go to look for prices of $3,183, however...

GustavoCastaneda1

Hello World! Today we will analyze the 4 hour chart of Bitcoin The 4 hour chart of Bitcoin has been very calm, however everything seems to change, we have an ascending triangle about to break the formation and start to touch the prices established in a past analysis. These are no longer buy zones, they are zones to start taking profits or protect the trade, the...

GustavoCastaneda1

Hello World!! Today we are going to analyze the price structure of Bitcoin. As we can see Bitcoin is in Wave 3 heading into a Wave 4, the price had a big absorption in that zone which is good for Bitcoin. What to do now? We have two options, buy a small percentage and wait for wave 4 to rise and take profit to buy again in wave 5, this wave could be the end of...

GustavoCastaneda1

Hello World!! Today we are going to give an update to the daily chart of Bitcoin. I will do the analysis in 3 parts. 1- What has just happened with the price of bitcoin is called liquidations, there were Stop loss orders at $38,000 and $39,000, for this reason the price fell very quickly, the analysis and projection for a daily chart remains bullish. 2-...

GustavoCastaneda1

Hello World! Today lets to analize the Bitcoin price action in 4 hours chart. I have good news for alls, because the next movement is bullish, Why? Cause we have absorption candles with volume, so there are people buying in the lower part, plus the RSI show a accumulation zone maybe today at night or tomorrow in the morning we will have break out in the RSI, this...

GustavoCastaneda1

Hello World! Let's move on to analyzing Ethereum on a daily chart. Ethereum is in a difficult situation since it has a great resistance at $3,700, the rebound will be done without volume, for that reason we will see a rejection at $3,700, the best buy zone can be obtained in a weekly chart where we can see a Ethereum in the $2,900. See you!!

GustavoCastaneda1

Hello World! Let's move on to analyze Polkadot on a daily chart. Well we have a compression zone and support at $24 the next Polkadot move will be bullish and it has to go to $30 or $31 and at this point if the volume is low the price will show a bearish candlestick and we must to take profit or protect the trade. Target: $30-$31 dollars Time: 10-15 Days See you!!

GustavoCastaneda1

Hello World! Let's go to Analyze the weekly chart of theta token With this crypto we have a accumulation zone and a divergence, we know that if the divergence is of an a greater temporality it have more degree of effectiveness, with Theta we are in the best buy zone for an a weekly chart. Targets: $8.58 Time: 3-5 Month See you!!

GustavoCastaneda1

Hello world! Let's Go to analyze the price action of Bitcoin. On a daily chart we have a compression zone with the RSI, plus a divergence with the MacD, for this reason in some days the bitcoin price will be in the $46,000 or $47,000. Now, this compression zone its on the $43,000 and the $39,000 dollars and its the end of the wave 3 of Elliot waves to go at...