Hello, my friends. Yesterday was a great day for Bitcoin traders (especially the ones whose joined Cryptocurrency investments in last month). The black line here shows our last chart, where we identified and clarified a downgrade channel in Bitcoin prices. If you follow us and bought near the channel support zone: congratulations, you earned good profits. Good...
Wave 4 Wave 3 Explanation of extensions/target/invalidation level: -Wave 5 (blue) of wave 1 (red) 1:1 extension is a measurement of 0-3 added to 4 -All wave 3 extensions are from 0-1 added to 2 -Wave 5 (blue) of wave 3 (red) is a 0.618 extension of 2-3 added to 4 -Target ranges from 0.618 extensions of wave 2-3 added to the current low of wave 4 (red) which is...
Hello my friends, with this example I will shortly explain why many famous and very successful analysts fails to predict the cryptocurrency markets. They do not take into consideration the asian whales. There are tens of examples about how the market goes into a direction every day at same time and stops its direction after 12 hours. The vast majority of the...
BTCUSDT is breaking TRAINGLE and forming very good formation to go UP! Moon ATH? Probably Yes.
We seem to be seeing the wave plane as the wave B - the components of the wave 3-3-5, now the final wave of this plane is formed, after which a powerful wave of 5-3 will come down, we will follow what is happening and update the idea as it happens. Subscribe to not miss anything.
-Bullish MACD divergence on 4h candles (very bullish indicator) -Completed 5-3 sequence providing decent risk to reward (more on this later) -Primary price target is 1:1 extension at 24.5k -If BTC breaks through the 1.1:1 extension then a 1.618:1 extension all the way to nearly 33k is possible -Stop loss at 10.6k below C Not necessarily an entry now considering...
Bitcoin coming into a rally zone. money flow index reached oversold with a retest and stochastics following a similar trend. Wait for positive heikin ashi candle with a cross of stochastics under the oversold line. BTC:1Erm4VB2v3JRDjnstaL7xnauSvomMDkvQu LTC:LhkMKHtEQ7SJnEFntoUBhG17oXdwmdHysV ETH: 0x8026962e8CC6B4A6b32E481A02B04C139D5c81Bb