Bitcoin to 1 USD - Whales plan revealed! it's over! (99% CRASH)
It's over for Bitcoin because the whales started to manipulate the price. But fortunately, I know their plan, which is why I have to share it with you as soon as possible!
First of all, whales. They want as low a price as possible because why should they buy at the current expensive price when they can send Bitcoin back and buy it cheaper?
This is an analysis of the monthly chart with full history. We need to take the FIB retracement for the whole uptrend and look for the 0.618 value. Whales love to buy Bitcoin at the 0.618 FIB retracement, and in this case, it's 0.80 USDT.
FAIR VALUE GAP BETWEEN 0.97 - 1.99 USDT (UNFILLED GAP) is another confluence why we should go down. All gaps tend to be filled sooner or later.
The impulse wave from 2009 to 2021 has finished, and we are looking for an ABC correction. No doubt about it at all.
The MACD indicator is absolutely terrible. We can see that the histogram was at the lowest level in history, this is not good.
What's more, if we take a look at the volume indicator, we can see absolutely low volume. The whales are not buying at all.
The whales will send Bitcoin temporarily to zero until there are no orders in the orderbook from retail traders. (It happened with OIL before, so why not?)
I hope you like this secret gameplan from whales; do not tell anyone, because it should be only for my followers.
Today is April 1, so happy Easter and April Fools' Day! If you think this analysis is for real, then you have been pranked!
Thank you, and for more ideas, hit "Like" and "Follow"!
A-flat
📚 Elliott Wave Pattern: Flat 🌊●● Flat
❗❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙧𝙪𝙡𝙚𝙨
● A flat always subdivides into three waves.
● Wave A is always a zigzag , flat or combination.
● Wave B is always a zigzag .
● Wave C is always an impulse or a ending diagonal .
❗ 𝙂𝙚𝙣𝙚𝙧𝙖𝙡 𝙜𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨
● Wave A is usually a zigzag .
●● 𝙀𝙭𝙥𝙖𝙣𝙙𝙚𝙙 𝙁𝙡𝙖𝙩 ( Exp . FL )
❗❗ 𝙍𝙪𝙡𝙚𝙨
● Wave B always ends after the start of wave A .
● Wave C always ends past the end of wave A .
❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨
● Wave B usually retraces 123.6 or 138.2% of wave A , less often — 161.8% .
● Wave C is often equal to 161.8% of wave A , less often — 261.8% .
● The most common type of flat.
●● 𝙍𝙪𝙣𝙣𝙞𝙣𝙜 𝙛𝙡𝙖𝙩 (Runn. FL )
❗❗ 𝙍𝙪𝙡𝙚𝙨
● Wave B always ends after the start of wave A .
● Wave C never goes beyond the end of wave A .
❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨
● Within such a flat wave B should end well above the origin of wave A and that means wave C might reflect a 61.8% or even a 100% relationship to wave A .
● A running flat indicates that the forces in the direction of the larger trend at next higher degree are powerful.
● Wave B is usually no more than twice the length of wave A .
● Keep in mind that a running flat is rare.
●● 𝙍𝙚𝙜𝙪𝙡𝙖𝙧 𝙛𝙡𝙖𝙩 (Reg. FL )
❗❗ 𝙍𝙪𝙡𝙚𝙨
● Wave B never goes beyond beyond the start of wave A .
● Wave B always retraces at least 90 percent of wave A .
● Wave C always ends past the end of wave A .
❗ 𝙂𝙪𝙞𝙙𝙚𝙡𝙞𝙣𝙚𝙨
● The rarest type of flat.
__________________________
🔗 References:
Elliott Wave Principal 2005
Trade Waves / Elliott Waves Analysis (TWEWA)
📚 Elliott Wave Guide & Ellott Wave Archive ⬇️⬇️
Bitcoin - No one talks about this trendline, last wave up!
Bitcoin is appraoching an extremely strong resistance at around 30k. The chance of crash from this level is extremely high!
We can see that the uptrend from 20k to almost 30k in March is steep and without any major corrections.
From the Elliott Wave perspective I expect last fifth wave to the upside to complete an impulse wave. We can find a resistance at the major trendline that you can see on the chart, or you can call it a broadening wedge.
If you open a short position slightly below 30k, then what is the profit target? 0.618 FIB and POC of the previous structure is at 23k. If you want to take profit earlier than 0.382 FIB at around 25k is the next option because it is also a strong horizontal resistance on the weekly chart.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
If we take a look at the RSI indicator on the daily chart, we can be sure that after the final impulse wave the indicator will be oversold, so this is probably not the best time to buy/long at this point.
In my opinion, a CRASH to 15k is probable later this year, maybe in September / October, so be prepared for it because this will be the best time for an investment position with a target of around 150k!
I took a look at all major altcoins on major exchanges and I can tell you that 95% of them looks totally bearish on the highest timeframe, the bottom is definitely not in for them.
This is my game plan for Bitcoin at this moment as I said I expect one last wave to the upside before a huge crash. I am not going to long or buy Bitcoin at this point after this pump because it's of course dangerous and we have a lot of unfilled GAPs below the current price.
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Shiba Inu - 23% crash, best opportunity! (long-term outlook)
We have a great opportunity to buy/long Shiba Inu at the yellow trendline, which is a good support level for a short-term trade.
Unfortunately, the Shiba Inu coin still looks really bad on the highest timeframe. All previous pumps were only an ABC 3-wave structure, which is overall definitely not a good sign!
The bulls still don't show strength from the Elliott Wave perspective because we can see 3-wave structures upward and 5-wave structures downward.
After the breakout of the blue parallel channel, the bulls completely failed to continue in the uptrend; it was essentially a fakeout or a bull trap.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
23% crash is pretty likely at this moment, and you can take this opportunity and long shiba inu at the support line with leverage on the futures market!
Is the bottom in for shiba inu? From my perspective, - NO. I believe we will eventually reach 0.00000500 (a 55% drop from the current price).
This is my idea for the Shiba Inu coin; now do your actions!
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Bitcoin - The bottom is not in! 15k or 10k (careful)
Everyone thinks that the bottom is in and we are going to a new all-time high, but in my opinion, that's definitely not true. In this analysis, I will tell you why!
First of all, we need to take a look at the huge dump that occurred in 2021–2022 (from 69k to 15k). From the Elliott Wave perspective, it's most likely an impulse wave, not a corrective wave, because there are no overlaps between swings and the price action was extremely steep and bleedy. Also, there are no triangles in this structure whatsoever. You may say that it's not an impulse but a WXYXZ triple-three corrective pattern. It's possible, but in my opinion, these patterns tend to have more sideways price action than steep. You may also say that it's an ABC correction, but there are clearly 5 waves.
We should be in a major corrective B wave followed by a major C wave, which should end between 15k and 10k. I am not saying we will reach 10k for sure, but we should at least take liquidity below 15.5k to complete the ABC correction. That means if you buy Bitcoin now, you will experience a big drawdown on your account.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
10k is a strong psychological level, and there is plenty of reason to buy Bitcoin here. 0.618 LOG FIB retracement and the start of the GAP are definitely reasonable targets.
Right now, we are clearly in an uptrend on the weekly chart, and Bitcoin could reach 30k to 40k. The invalidation point for this analysis is 45k. If we reach this level, then I am wrong and I will buy BTC and ride the bull market to 150k. Targets will be specified for sure in one of my next analyses, so make sure you follow me and my updates!
The potential reversal point for this major corrective wave is, in my opinion, at 30k (strong horizontal support and POC) or 39k (0.618 LOG FIB). Then we should go down to 15k at least.
Also, if we take a look at the previous price action from 2018 - 2020, we had an exponencial pump from 3k to 14k followed by an exponencial dump from 14k to 4k. But we didn't take liquidity below the 3k level. This time I expect liquidity to be taken below the 15.5k level.
I hope this analysis is clear for you, and considering the upcoming recession and upcoming stock market crash, it's also possible to go down to 15K from a fundamental perspective.
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Bitcoin - 10% crash, pullback is very likely!
Bitcoin is likely to go down, because this falling wedge is breaking down and also because the impulse wave has been completed!
10% crash is the minimum at this point, but we could go even lower.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
As you can see, we have 2 trendlines, and both of them are breaking down.
In my opinion, this trend is already overextended and we should see a bearish retracement.
We have a lot of unfilled GAPs below the current price, and usually gaps act like a magnet, sooner or later.
This is a quick update on the Bitcoin price; if you want more updates on lower timeframes, make sure you hit the like button right now so I know you are interested!
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USD/ZAR Price Turns BearishUSDZAR Has been in an impulse phase and it has been completed with no rules violated. We are in the bearish phase of the market, we have two counts going on where it could be an impulse in the downside suggesting a long-term sell-off or a short-term sell-off as a correction meaning we are trading in a wave (C) instead.
The idea of an impulse is a little complex but the idea would be to trade a wave 3 looking at the retracement it would make sense to target the 2,618. Correlating this pair to USDCAD we are more likely to have long-term sells but keeping an eye on the price level where a Zig-Zag pattern completes will be very important.
Bitcoin - 100% probability to go down to 20k!
Based on historical performance, we have a 100% probability of going down to 20k to fully or partially fill the GAP on CME futures.
I am not saying that this is going to happen with 100% certainty, but I am saying that this is a statistical fact because all gaps on CME futures were at least partially filled. You can check out the history of this chart on the daily chart from 2017 - 2023.
Now it's up to you if you want to go against the 100% statistical probability. I am just giving you all the important facts and information.
When will this gap be filled, is the question. Again, based on historical data, it could take a few days, a few weeks, a few months, or even more.
Bitcoin is currently rising, and the next strong resistance is around 30k. It's the POC of the previous structure and the start of the previous gap. There is a pretty good chance that we will see a huge crash from this level!
From my Elliott Wave perspective, there are valid bearish and bullish scenarios because this whole uptrend from 15500 to 27000 can be the start of a huge impulse or just an ABC correction. So for this particular timeframe, we need more data to make a confirmation. On the left side, you can see a bearish ABC correction, which is valid.
This ABC correction can have an extended A wave with a steep and quick C wave. So make sure you take it into consideration!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
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Bitcoin - Last crash before a pump! (must see)
The price of bitcoin is currently near the 0.618 FIB. Usually it acts as a magnet when the price is near this very strong level.
The market moves in waves, and wave A should end exactly at the 0.618 FIB. After we reach this level, we are going to go up to retest the previous major trendline because we have a huge unfilled gap and an untested pattern. After that, we are going to go down again to 17600 - 17400 to fill the previous GAP and complete the ABC correction.
I recommend you buy Bitcoin at these levels with a profit target of 30k+. I will make an update and you will know exactly when to sell, so make sure you follow me and also hit the like button right now if you want more updates on BTC!
There is a pretty good chance to visit the 10k level; if you haven't seen my previous analysis, make sure to check it out in the related section down below!
On the chart, you can see the most likely scenario for Bitcoin. Let me know in the comment section: what is your plan? I want to know your opinion, and I will answer your comment!
The price action on Bitcoin is very well readable. The structure is well-made at this point. Make sure you also have a bearish and a bullish scenario on the table.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
Thank you, and I wish you fun during your trades!
Buy Bitcoin at 17600 | Secret level
Buy/long Bitcoin at 17600, because there is an unfilled GAP between the previous candles. It's the start of the huge parabolic uptrend, and the bulls will most likely defend this level!
It looks like Bitcoin is going to reach levels above 25000 after we fill the GAP and complete this Elliott Wave corrective pattern (ABC). Currently, we are in wave B.
Why should Bitcoin not fall below the 17600 level? There is no reason to go down because the majority of liquidity is exactly at this point.
What is the target for wave C? Wave C 's target will be specified in one of my next analyses. Make sure you follow me! We need to use a FIB extension from Wave A -> B later to help determine the target. But at this point, we can speculate between 25000 and 39000.
On the chart, I can see a strong impulse wave (A). This gives us a great chance for a continuation to the upside after we finish this correction.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
If you haven't seen my previous analysis, where I told you that Bitcoin could go to 10k, make sure to check it out right now!
At this point, we need to be patient and wait for bitcoin to reach 17600. If we reach this level, it's a good idea to turn bullish again and buy some great altcoins as well.
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Bitcoin to 10K! Disgusting
This is a bearish technical analysis of Bitcoin. It's supported by technical tools, and I am not saying this is going to happen; this is just a scenario because we need to consider all possibilities.
First of all, we need to take a look at the bearish wave from November 2021 to November 2022. It definitely looks like an impulse wave; it's pretty obvious, but I have seen a lot of failed impulses on the other side. You may say that it's not an impulse but a WXYXZ triple-three corrective pattern. It's possible, but in my opinion, these patterns tend to have more sideways price action than steep. You may also say that it's an ABC correction, but there are clearly 5 waves.
Since November 2022, Bitcoin has been going upward. The wave looks very strong, and I think we will reach levels above 25K before a potential drop to 10k to complete an ABC correction. It's very likely that this is going to happen.
Currently we are in wave B, which is a corrective wave, and we could end this wave at around 20k or 19k at the 0.618 FIB retracement.
I do not watch news often, to be honest; I am more of a technical guy, but I can't ignore the Binance bad news. There is speculation about the closing of the Binance US exchange, and their stable coin, Binance USD (BUSD), has some problems as well. But I am not surprised at all. A potential collapse of Binance could send Bitcoin to 10k in just a matter of days. For example, you can take a look at the COVID crash in 2020; it was a pretty fast liquidation of longs.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
10k is a strong psychological level, and there is plenty of reason to buy Bitcoin here. 0.618 LOG FIB retracement and the start of the GAP are definitely reasonable targets.
Like I said before, this analysis is just a scenario that could happen to give you more perspective on the market. I always have a bullish and a bearish scenario ready to execute, so it's not about being wrong or right; this is not how you trade markets.
Let me know in the comment section, do you think Bitcoin is going to drop to 10k? Or we are going to a new all time high.
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Bitcoin - Best plan for the next week!
First, Bitcoin is going to drop to 21833 or even a little bit lower at the start of the week, probably Monday or Tuesday. After that, we should see a massive pump to the upside to fill the previous unfilled GAP, which is around 23395.
The bulls should step in at around 21833 because, technically, we will finish the ABC correction from the Elliott Wave perspective. Also, we will close the previous GAP.
Don't get caught with your shorts in this white trendline. I can see this trendline everywhere on social media. If you enter a short, you will get REKT.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
I am bearish on Bitcoin overall, and I think we are going to reach 17k-18k before a massive bull market takes us to a new all time high.
If you want more of these short-term analyses on Bitcoin, hit the like right now so I can see if you are also interested in the short-term periods.
The whole crypto market is going to go down, including ETH and XRP. Only a few stronger coins will keep pumping.
Thank you, and do not forget to leave a comment if you trade these short-term moves!
XRP - Final 50% crash, life-time opportunity to buy!
XRP will give you a life-time opportunity to buy for an extremely cheap price, around 0.18 USDT! It's going to happen probably very soon, so make sure you are prepared!
This is a whole chart of XRP from 2016 to 2023. As you can see, the massive pump in 2017 was very strong, and right now XRP has been consolidating in this bullish regular flat pattern (3-3-5). My calculations say that we are at the end of the pattern, specifically in wave 5 of wave C.
If we look at the local price action from 2022–2023, we can spot a bearish head and shoulders pattern. The bears are going to send XRP lower, to around 0.18 USDT.
What's more, there is a falling wedge pattern. It's hard to see a breakout at this moment, and it's likely to hit the bottom of the wedge instead. Which is a 50% drop. We should find a support at the bottom of the falling wedge! This is your once-in-a-lifetime opportunity for a 20x profit in the next few months / years.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
We don't know how the pump is going to look, but you will not have too much time to enter because the market moves aggressively to the upside while going sideways very slowly. I expect a huge green dildo on the weekly and monthly charts.
This analysis is like no other. No one will give you an Elliott Wave count on XRP from the beginning. If you know about anyone, let me know in the comment section; I want to follow him.
My plan is to buy/long XRP around 0.18 USDT for a 20x minimum gain. I am telling you it will be a massive pump, and for the best feeling you want to be in the market.
The bears have been waiting for an incredible 5 years, but you do not need to wait; you can simply catch the bottom and take advantage of the massive pump in a short period of time. After that, you can buy some tasty Japanese wagyu.
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Bitcoin - No one is expecting this! (react fast)
The new monthly candle is closed as a DOJI. This is one of the most powerful reversal candles that can happen at the end of a trend. The previous candle from January was a huge green candle, so this DOJI from February is an indication of bullish exhaustion. The bulls were not able to continue the uptrend, and the bears stepped in. This is the psychology behind this reversal candle, and of course, do not forget that the monthly interval is very powerful; that's why it has a lot of value.
On the chart, you can see the gate to a new bull market. We are going to enter through the gate later this year, but not now. I expect a last pullback to 17k - 18k to fill the gap and retest the previous market structure. Simply, we need a retest because that's what markets usually do.
This is what is going to happen. The market never moves in a straight line, and because the bear market was extremely steep, the bulls need more time to recover and accumulate!
This scenario is not just an option that can happen; in my opinion, it's very likely to happen! But it's also good news for people who still need to buy cheap bitcoin.
At this point, we can see an incomplete reversal pattern. I feel like I am missing something. The right shoulder is not yet formed, and the GAP is unfilled. If we continue to go higher, then it will be even worse because otherwise we are going to crash even more at a higher level.
The DXY index is rising at this moment, and we will reach much higher levels.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
I think the majority is now bullish, and everyone is talking about the future of bitcoin and how it's going to be great. It will, but now we need to shake out these traders from the market by going down.
There are a lot of signs of trend reversal on lower timeframes, too. The bears started to sell, and you can identify this action, of course, because the price action never lies. It looks like the sellers are back.
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Ethereum - Final 24% drop before a new all time high!
Ethereum is now in an extremely difficult situation because the price is at the resistance of this symmetrical triangle and also inside the bearish rising wedge pattern on the daily chart! These patterns are bearish, so the probability of breaking down is higher at this point. Of course, we can breakout bullish, but do you really want to bet on it?
What's more, it looks like the first impulse Elliott wave has been completed, and we should take a look for a potential buying level on the next bull run! An ABC correction is on the way, and in this case personally, I am targeting the previous POC or the 0.618 FIB of the impulse wave, which is a 24% drop.
The very good news is that this triangle has impulse waves to the upside and corrective waves to the downside. It's a sign of trend reversal, and that's why I think this symmetrical triangle will break to the upside (later)! I think the bull market has started, but we are still stuck in this symmetrical range.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
As you can clearly see, we have an unfilled GAP, and it is very dangerous to go up without filling it. The reason is that the market will want to fill the gap later, maybe in 2024, and you probably don't want it. So let's fill it now.
If you haven't seen my previous very popular idea about "Bitcoin to 18K," "The big crash is coming!" You have to check out the related section down below, because it's absolutely mind-blowing.
Currently I am bearish on Ethereum and Bitcoin, but only temporarily until we reach my targets. It's hard to speculate on the breakout of the symmetrical triangle while the price is still inside it. So from my perspective, the probability of going down is 75%.
It was a very good rally with tons of profits, but now we need to trade the market differently. Of course, it will be more difficult for the majority of traders, but it is doable!
Thank you, and for more ideas, hit "Like" and "Follow"!
Update2: BTC Scalping short trading opportunity
This is the sequel to my previous idea .
The support line of the diagonal triangle has finally been broken.
The coordinate of point (A) was erroneous, so I corrected it.
TOTAL and Nen-star patterns formed.
Recommended TPs unchanged (see also gray-color zones of the Fibonacci extension.)
For details, please take a look at the related ideas below.
Update: BTC Scalping short trading opportunity
This is a sequel to my previous idea .
The diagonal triangle's unexpected, extended wave 5 (possibly an expanding diagonal) morphed the bearish white swan into a bearish anti-butterfly.
The basic strategy stays the same, but the basis for calculus would be slightly different.
Target is unchanged anyway.
If this breakout forms wave 5 of the impulse, a drop to the 22400 zone or below is likely, but some reversal is expected at FE 1.618 (23051), 2(22999), and 2.618 (22905), at each of which the price crosses a pitchfork's channel line.
This running flat scenario is invalidated above the high of A (23217), but another bearish scenario will likely develop under an expanded flat.
Bitcoin to 18k. The big crash is coming!
It looks like Bitcoin has completed the first bullish impulse wave, which is a very positive sign for the future, but right now the correction is in progress.
As you know, from the Elliott Wave perspective, wave 2 corrections are usually deeper, especially in crypto. 0.618 FIB or even lower is a classic retracement, and because we have a huge unfilled GAP, this is going to happen!
0.618 FIB is at 18658 (LOG), and the start of the gap + POC of the previous consolidation structure is at 16830. Only these two levels are important; the others are insignificant. So you want to buy bitcoin at these points!
The market always moves in waves, no doubt about it. The waves in crypto are absolutely different from the stock market because different environments have different personalities. What works on the crypto market doesn't work on the stock market. If someone claims that his bot or trading system works on all markets, including forex, indices, crypto, commodities, and stocks, he is most likely lying to you. It is best to concentrate on a single type of market; in my case, that is crypto. I don't trade forex, stocks, or gold because the market movements are very different. It's like comparing apples to beef steak; they look different and taste different. It's better to eat the beef steak.
We can see on the chart that there is a large unfilled GAP between approx. 16830 and 20407. These gaps tend to be filled sooner or later. I think maybe it's better to fill the gap right now than next year. You probably do not want Bitcoin to go to 40k and then dump back to 16k next year; this would be as ugly as the COVID crash in 2020.
The bulls didn't react to the major supports on lower timeframes, and it's a huge sign of weakness at this moment. The structure was bullish, but currently at this point, it's extremely bearish to me.
So what is the plan now? You can trade Bitcoin on futures and trade reactions on the previous structures. For example, 21,950 is a strong level and bitcoin could bounce from it, so you can take some intraday trades with a few % of gains before it collapses down to the abyss. You can definitely short bitcoin. I will make these types of trades in the next few weeks. Once bitcoin reaches my reversal zone, I will take some brutal long trades with an extremely high RR and a target of 30k+.
March is going to be a very bearish month. And usually Bitcoin starts to pump significantly when April starts. You can do a back test. April is a very positive month.
Thank you, and for more ideas, hit "Like" and "Follow"!
BTC Scalping short trading opportunity
We may witness a fractal move of the daily chart as wave 4 of a potential bearish impulse.
A bearish expanded flat (possibly a running flat) is expected with a bearish White Swan harmonic pattern.
SL above 23300. Recommended 23350 (see the trendline right up).
TP 22400-22700.
I also predicted wave 2 would be an Elliott flat, which revealed it was not (it seems to have been a zigzag).
Ethereum is ready for a massive pump! (again)
It has been one of the best 2 months in crypto history, with tremendous gains on altcoins. Euphoria is at a very high level, but it's going to be even higher because ETH is forming this incredibly bullish pattern!
My main focus is and always will be on altcoins, and I am monitoring all futures + spot pairs on major exchanges. I prefer to trade on leverage, so you don't need too much margin compared to the spot.
Ethereum's chart is displaying an inverse head and shoulders pattern, and I am confident that once we break the neckline, we will see a massive green dildo, which is why you should be in.
It's a good idea to buy ETH right now and set your stop-loss below the right shoulder. You don't want to wait for a confirmation! You want a higher risk-to-reward ratio instead.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On higher timeframes, ETH has been moving in an ascending parallel channel on the LOG scale. This channel is indeed very resistant; make sure you are aware of it.
From the Elliott Wave perspective, the wave structure is totally incomplete. We are still in the 3d wave, and we have plenty of time for the upcoming uptrend!
Some altcoins are skyrocketing with 100% - 500% gains already. Do not forget to take a look at my previous analysis on BTC - "30k next stop, then big crash! (Whales plan)."
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Bitcoin - Another 10% increase is likely, long here!
Bitcoin looks extremely strong these days; there is probably nothing that can stop the rise at this moment. This is an analysis on the 1h chart that could give you 2 potential trades.
On the first trade, you want to buy/long the ascending triangle's support. If this trade fails for some reason, there is another trade that you could take. It's at the start of the ascending triangle, which is also a significant swing low, and below this swing low is a huge gap, so it's very positive for a long trade!
Now, where to trade profits for this trade? It's not that hard in this case. If we take a look at the parallel projection of the ascending triangle, we can see there is a dynamic resistance, so once the price reaches this level, you want to take profit!
Exchanges do not support dynamic take-profit targets like profiting at the trendline. At this moment, you have to use some 3rd-party programs and an API interface.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
From the Elliott Wave perspective, we can see that the price has been moving in 5-wave impulses to the upside in the main direction of the trend and in 3-wave corrections to the downside. By identifying these patterns, we have a higher chance of success in these trades.
This is my plan for Bitcoin on the 1h chart. I trade these moves on the futures market in addition to my spot holdings. By taking these trades, you will gain a pretty good risk-reward ratio, specifically one above 1:4 depending on your stop loss.
Bitcoin should reach a price range of $28,000 to $30,000 in the immidiate short-term. If you do not know why, take a look at my previous analysis below! Remember to trade with the trend and only go long to increase your chances of success.
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XRP - It's time after 5 years of waiting!
Hodlers have been waiting more than 5 years for this upcoming pump that is going to happen to XRP! The best part is that you don't have to wait; simply catch the largest moon phase and profit.
I expect XRP to double in price first to hit the symmetrical triangle's POC, which is around 0.81. Maybe even higher, to 0.94, where the 0.618 FIB and high liquidity zone are. After the bulls break the 1.00 level, XRP will go absolutely out of control, and there is nothing that can stop the massive, mind-blowing pump.
At this moment, XRP has been moving in the falling wedge pattern, and as you can see, the price is consolidating exactly at the wedge's trendline. We are likely to see a large green dildo very soon, and you should probably set up a breakout order, such as a stop market, stop limit, or conditional order. Or you can buy right now for a higher RR. The breakout could be very quick; you could wake up in your bed and see XRP is 40% up because this is what XRP does.
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
On the chart, we can see a failed head and shoulders pattern. It looks like the bulls successfully defended the threat that would send XRP to 0.1. It's very positive, because the bulls are here and they want the price to go higher.
From the Elliott Wave perspective, XRP is a little bit different than other coins. We can see 3-wave structures everywhere, and it's not an easy job to do an Elliott Wave count on this coin.
I know more about XRP than anyone else. When XRP starts to pump, it's usually a beast. The problem is that it's been a little pump and dump over the past few years. But this time should be different, and the bulls should hold the price after the pump.
Let me know what you think about XRP. Do you think it's time for a pump, or is it going to die?
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Bitcoin - 30k next stop, then big crash! (whales plan)
This is a strategic plan on how to play the upcoming price action on Bitcoin in the next few weeks. As a trader, you have to see it!
As we can see, Bitcoin pumped with a strong impulse in previous days, and the 30k level currently acts like a magnet because there is no resistance on the way up other than this.
You probably want to trade with the trend, so I would recommend only long positions to increase the probability of a successful trade. I've been using this strategy since the start of January, as you can see on my profile.
After we hit 30k, there will be a tremendous dump, and this dump you can short. We have a lot of confluence to short bitcoin in this region; see my previous analysis in the related section down below for more info.
After we hit 30k, Bitcoin will take a break, and we should see an alt-season. Of course, there will be an initial dump for the whole crypto space first. So make sure you know what to do!
This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I post trade setups privately.
The price has been moving in the ascending parallel channel on the log scale. This channel is very well respected, and it's very important to watch it because if it breaks, then the uptrend will be exhausted. Make sure you follow me, because I will warn you if this happens! You want to stay updated.
You can see my Elliott Wave count on the chart; we are in the 5th wave of the first major impulse wave to the upside, which is a sign of a huge bull market. Bitcoin could reach 130,000 USDT in 2025 and even more.
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All of the reasons to take profits or short bitcoin above 30k can be found here: