New (ATH)?Bitcoin just completed a regular flat correction that ended at 60,000$, and now we are continuing the rally with new impulsive waves. on a small scale, bitcoin recently finished the first impulsive wave (wave 1), and we are about to undergo a small correction that will bring prices back to between $65,000 and $62,000. After this correction, we will enter the third impulsive wave, which is the typically strongest. following this wave, we will exceed the previous (ATH) set last month, reaching prices between $82,000 and $85,000
Bitcoinelliottwaveanalysis
Is This It?We have been bullish on Bitcoin for quite some time, as my previous posts can witness.
Looking for a potential upside resumption in place as we could now expect a series of wave threes and fours.
As always feel free to let me know in the comments what your thoughts on BTC are, if you enjoy the content, please leave a like.
Trade safe!
Bitcoin Bullish CountBecause of the number of likes of my previous post, I have decided to post one long term bullish count for Bitcoin as promised.
Here's a potential five wave into wave (1) as a leading diagonal. There is no rule violation therefore it could be possible.
Looking for support on the area of previous Minor wave 2 which is, as I highlighted, the area which presents the most volume.
Feel free to ask questions,
If you found this helpful please leave a like and a comment,
Trade safe!
Bitcoin soon to BottomWe have been looking at this bullish count for several weeks now. The down move from around 31k seems to be corrective in nature therefore it could be a complex correction within a wave {ii}.
Looking for support to be found within the 28-30k area or else the count will be compromised.
Feel free to ask any question, trade safe!
Bitcoin: looking pretty good!I'll be brief as always, as I don't want to bore you with my words, but I'd rather have you looking at the chart the way I look at it.
I am looking for further upside into wave 3 of (3) as we are at a pullback in wave 2 which I highlighted to be less deep than the one in the higher degree wave (2).
Always happy to take questions, trade safe!
Knock Knock Bitcoin, are you there?Well, what is there to say? Bitcoin has been moving very well for the last couple of months until it started to surprise me. At this point it's still moving according to the count as it reacted off of equality of wave {c} vs. {a}.
With all honesty I do not have a clear idea on whether we have finished wave 2 or not, but for the time being I do not have any reasons not to be bullish.
I'll keep it monitored, but all I can see is that there are no conditions to open any trades nor long or short, but that is obviously my own opinion based on the way I trade and my own experience.
As always, these is not financial advice, but feel free to ask questions if you have any!
Trade safe!
Bitcoin Analysis short termHello Traders, this is my weekly analysis for btc from TA perspective :
Btc was moving in impulse wave, with confirmation in swing ratio and volume.
Is now showing volume divergence and momentum divergence, that indicate reversal soon.
Am still expecting wave 5 to be happen after small retrace towards around 21.3k - 20k to touch MA200 (Daily) once again.
Will patiently wait for PA for long in that area.
Won't short because the price still in strong bullish move, unless there's clear PA.
Cheers!
Bitcoin AnalysisAt This Moment Bitcoin Is In 5th Wave Which Started From 25200
In 5th Wave We Know There Are 5 Subwave 1 & 2 Already Completed, 3rd Subwave Started From 21400, In This 3rd Subwave, There Are Total 5 More Inner Subwave (2 on theme are complete at 18380).
3rd Inner Subwave of 3rd Subwave of 5th wave wave 5 wave aswell - In this chart I am showing you those 5 wave in this chart
I hope this clear for you all
In terms of Elliot waves, three scenarios can be considered for The first scenario is to start the upward movement from now
In the second scenario, we can move up from now on, but in the future we will see weakness in the upward direction and we will move down again within 5 waves (flat correction pattern will be formed).
In the third scenario, we have to move down through 5 waves, of which 3 waves have been completed so far and we are now in wave 4. So we have to have another downward wave. The maximum amount of this decrease is up to the level of 14 thousand dollars.
Which scenario do you agree with?
$btc #btc bitcoin price analysis and target bitcoin price prediction. Elliott wave analysis with pitchfork combination.
1. bitcoin buy zone as long as we hold 14k
2. below 14k most like we going for 10K
3. target for 5th wave +100K
4. if we are still in the correction of WXY then the Blue line which price should follow - target 150K
BTC Elliott Wave countBitcoin Elliot Wave count update
It s a little bit tricky here with Bitcoin, so I have have 2 scenarios for it!!
1st scenario is the blue count of the 5th wave to the downside, with Y wave of the 4th wave corrective pattern to the upside ended into the blue box. If this count is the correct one than we must see further move to the downside after a 4th wave corrective move to the upside that can start soon.
2nd scenario is the red count of the 5th wave to the downside, with Y wave of the 4th wave corrective pattern to the upside ended into the red box. If this count is the correct one than bitcoin already finished the 5th wave to the downside. keep in mind this!!
I am updating Bitcoin count at least 5 time per week so subscribe to watch my future counts.
If you like my analysis please give it a like. Thanks!
BITCOIN SHORT-TERM BULL BTC ( BITCOIN) is just finished leading diagonal on the A wave of a (D) of the triangle. I am assuming a sharp correction for wave B. We are currently in a triangle.
DISCLOSURE - Please be informed that the information I provide is not a trading recommendation or investment advice. All of my work is for educational purposes only. All labeling and wave count have been done by me manually and I will keep changing according to the LIVE MARKET PRICE ACTION. So don't bias, hope on my trade plans. Try to learn Elliott Wave or other strategies and make your own strategy. Following is not that much easy. I am not responsible for any losses if u took the trade according to my trade plans.
#BTC #BITCOIN
Bulls have a setup to drive Bitcoin over 50,000I noted that recently Bitcoin had made several swings making lower highs and higher lows.
That is a solid sign of some consolidation. Bitcoin has been accumulating energy and is nearing a point where it will release that energy with a strong directional move as a squeezed spring.
I can count that consolidation as subwave (b) down shaped as an a-b-c-d-e triangle structure that looks having completed
That count allows bulls to produce a rally in subwave (c) up targeting over 50,000
BITCOIN Elliott Wave Analysis Dear Traders ,
As predicted earlier Bitcoin had successfully completed 4rth wave and now its going toward forming 5th wave of correction . Now we have identified few levels for lower direction ,which it will complete in 5 wave of small timeframe . Below are the levels .
lower tgt
40250
36900
34600
Thnx
Elliott Baba