Get started

dreamsCatcher
Joined
Markets Allocation
100 % cryptocurrency
Top Mentioned Symbols
BTCUSD 50% | 2 BTCUSD.P 50% | 2
Ideas
Minds
Scripts
Followers
Following
Published
Commented
Following
Published
Commented
bitcoin chartpattern elliottwaveprojection elliotwaveanalysis trendanalysis waveanalysis Less Tags Show All Tags
All Types
Type
All Types
Indicators
Strategies
Libraries
All Accesses
Script access
All Accesses
Open
Protected
Invite-only
Public & Private
Privacy
Public & Private
Public
Private
candles movingaverage relativestrengthindex ribbon signals sma trendanalysis volatility Less Tags Show All Tags
There are ideas on different regional versions of TradingView:
Next move: Wave 5
BTCUSD
, 240Long
BTCUSD: Next move: Wave 5

We are currently at wave 4 according to the Elliot Wave theory (refer to the chart to understand the previous waves).

Are we forming a rising channel?
BTCUSD.P
, 30
BTCUSD.P: Are we forming a rising channel?

Re adjusted the latest support line (dotted line) and added some other resistance lines. Looking at the arrangement of the support and resistance lines, it seems that we are creating a rising channel. Testing the 6k level and dropping back to possible support range (5.4k) might increase the odds of rising channel formation.

Resistance at 6K
BTCUSD.P
, 30Long
BTCUSD.P: Resistance at 6K

According to 5 EMAs and RSI, we can test the 6k level in some time. It is likely to get rejected at 6k and test lower support.

Elliott wave analysis
BTCUSD
, 240Short
BTCUSD: Elliott wave analysis

According to my Elliott Wave analysis, we are currently towards the end of wave 4. Following are my observations: - W3 volume was high - W3 was longer than W1 - W4 volume is lower than W3

priyanka1161994
1
0
0
Message Follow Following Unfollow
OrderBlockMafioso
159
37
399
Message Follow Following Unfollow
Xinvestmentprogram10
13
0
0
Message Follow Following Unfollow
zoinky Mod
1521
0
3181
Message Follow Following Unfollow
SqueakyBed
199
10
563
Message Follow Following Unfollow
Katkinson
Online
330
123
1383
Message Follow Following Unfollow
bitcoin
707
313
5102
Message Follow Following Unfollow
rishyrish
Online
151
13
234
Message Follow Following Unfollow
maxvinculum
173
2
312
Message Follow Following Unfollow
Violent
1276
131
3401
Message Follow Following Unfollow
demoxbt
387
104
3048
Message Follow Following Unfollow
longggillusion
565
6
461
Message Follow Following Unfollow
freshpr1nce77
366
5
271
Message Follow Following Unfollow
AvenueWork
Online
1394
24
2910
Message Follow Following Unfollow
Mikeillathrilla
Online
48
0
8
Message Follow Following Unfollow
VictorFreed
129
30
312
Message Follow Following Unfollow
OrderBlockMafioso
159
37
399
Message Follow Following Unfollow
rilapse
63
5
95
Message Follow Following Unfollow
Type
Script access
Privacy