✅BTC's situation+next targets and expected movements.(4h)Hi.
COINEX:BTCUSDT
😊 Today, I want to analyze Bitcoin for you in a 4h time frame so that we can have a short-term view of Bitcoin regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts).
➡️ As you can see, Bitcoin has completed its 5 ascending waves and now it is time for it to Starting its downward corrective waves(ABC) .
✅ Due to the Descending structure of the chart...
- High potential areas are clear in the chart.
-Regular Bearish Divergence(-RD)
Stay awesome my friends.
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✅Thank you, and for more ideas, hit ❤️ Like ❤️ and 🌟 Follow 🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
🧿Far View, check out!!
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BTCUSDT Fibo Analysis Part II12345 wave not completed and bias support line that start from point C ended with the smaller bobble above it, that show pressure of resistance of grows,
with this pattern can predict that pattern of recent grow will be repeated and from the price of 52000, may have be correction and bearish pattern.
XRP Look's Bullish To MeXRP is looking bullish to me pack your bag's we are at take off.
what I expect is one of 2 things to happen
1. (Orange) ABC Pattern
to 1.349 then back to support at 1.0147 then up to monthly Fib 0.618 at 2.0936 price.
or
2. (White) 12345 Pattern
Up to Monthly fib at 2.0936 back to fib. at 1.34989 and straight to my target 1 at 2.9836 +
I'm not trading adviser nor financial adviser,please do your own reserch before trading,
DAX at Daily wedgeWhen we look at the chart we can see that the DAX is testing a daily wedge. Do you think it will be able to stay below it?
We can also see that there could be an elliott wave formation in play.
Please let me know in the comments what you think of it.
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HD, Possible ABC Correction and Price target of wave 5This is very speculative and is an early analysis of the Elliot pattern. Still early to know if we are in the ABC correction until we break the lows, Otherwise this will be discarded. But who cares! Thats what we do, we analyze and if we are wrong, we change our BIAS! that's the power of trading. And , I'm bored.... Short Term Bearish, Medium to Long Term Bullish (ahaha that's easy)
Elliot count on XTZ Hello, traders.
If we count Elliot waves in XTZ we are going to see very clear patterns of its impulsive waves and corrective waves, we believe that the XTZ corrective wave has now ended with the support test at an important support level and we may be heading towards starting another bullish movement for this asset with the waves 1 2 3 4 5.
I know the chart is polluted, but we can see clear patterns in the Elliot count, so push the like button and follow us on tradingview.