Briefly: 1. In all previous losses, about 80% saw bitcoin fall 2. The most likely harmonic is forming cypher. 3. Blue downtrend line with three collisions 4. Elliott wave and behavior of wave 4 of 3 grand Conclusion: Waiting for Kendall with a body of 24-5,000 and Shadow 17-19 1,000 dollars. There's important support on the chart. and History repeats it.
These are the scenario that we might face/don't be greedy just take profit and leave Do not forget to use stop loss This is not financial advice
I know the Macro's Bad but this is some beautiful bullish Capitulation. Reversal?
Let's do the point ! // Update #14.1 ONE QUESTION : Could institutionnals absorb all the selling exhaust ? That was the question I was asking myself the first time I explained this pattern in the LDTP #8.2. And this is always the question. Now we are in the area, and if I do this update is only for one reason : remind you to DON'T ANTICIPATE ! We start...
This break-out is quite significant and realistically potentially indicates a real turning point in the market. Up until recently, it was still questionable whether BTC would find a bottom and may continue the Bull Run. But after the carnage this week and the Luna catastrophe, the market has lost all momentum. Alts are bleeding to nothing and BTC has become...
This break-out is quite significant and realistically potentially indicates a real turning point in the market. Up until recently, it was still questionable whether BTC would find a bottom and may continue the Bull Run. But after the carnage this week and the Luna catastrophe, the market has lost all momentum. Alts are bleeding to nothing and BTC has become...
Updated EIW theory for btc As we continue to fall it appears inevitable that we will arrive at 21K What happens once we arrive here will be determined by the stocks and global financial markets If we enter a recession the yellow path will be followed Alternatively if the markets begin to recover the stage will be set for BTC and crypto to fly to the moon
Big picture for #Bitcoin Log scale + the 48 month EMA - Previous correction were by ≈ 85% - Correction periods lasted between 360 - 430 days - Corrections period are shorter over time - The area around 23k and at around 12k is of interest to me - Do I think we go below 20k? No, but it is possible
hi We can consider the possible path of bitcoin in this way in the most optimistic way possible
Upcoming BTC Cycles & the Fed's Comments on CBDCs BTC top was March. If you want a lesson on why, I will explain PCs in a lesson. When you hear this trick you'll never look at a chart the same way again. In other news, we continue to see capitulation across the crypto market as a whole. As many of you know, I am always advocating for yall to listen in on the...
Low: 26.7K Last Price : 29K Best High: 29.8 Next Update::: 26K--
In this chart I show you how strong the support of this region of 28,500 is, we have already had 5 previous touches, but it is important that the daily closes continue above 28,700, so I believe in a pullback in this region for a new attempt to break the support. I expect a pullback towards the 33,000 region.
Is #BTC coming to the end of a multi-year bull flag that started on January 2018?
This recent $DXY move over the 103 area looks great to me, if it can hold. This odd 103-105 zone hadn't had a candle close inside the 80s I believe. A reclaim of the 105 area and IMO 110 is very attainable, especiaally in this macro-economic siutation. However, it has printed only 3 red months since June '21, so a small pullback soon would not be too...
BITCOIN has been in an ascending channel for several years. With a dynamic resistance that he touched twice before the bears entered. And with a strong dynamic support, which every time it touched it turned the wheel and I entered bullish. Inside the ascending channel, BITCOIN had an ascending support (blue line), and every time it broke, a bitcoin price...
BTC is about to finish 5th of the 5th of the 3rd of the 3rd wave mentioned in the chart, That wave seems like its gonna end around 25k$ region. I will be looking for a long opportunity after this. Now its also possible that the bigger WXY waves turn into 12345 impulses so we shall have to wait for further price action later to be sure rather the dump is over in...
There are two scenarios: First one is starting bullish trend after collect orders from liquidity from the low of channel, price is in VAL and we can buy if we have a setup, Second scenario is breakout the channel and goes for about 30000 and then start the bullish trend We can sell if the price breaks the lower channel line and gives a setup and we can buy in...
Today, price has reached 26K- 2 days after our last analysis We already saw a reaction of that level but we're still expecting a lower values. We will be looking for a pullback and then another downside breakout. The next support levels to watch out for after the pullback will be clear soon, so make sure to follow us to find out!