BTC BITCOIN Expected Next Move base on Elliot Wave Analysis
Bitcoin short idea First tp 38800 Second tp 35000 Third tp 30000 Stoploss 41650 Remember this is no financial advice.
Gann Study… So we crossed the Red River of Death, Fell through the Blue sea of terror and now possibly bouncing in the wasteland…or Just wicking on the day ( we came I hot a little early but this isn’t exactly science. We did however hit and stop on every rand resistance line) Interesting that the dominance has come down?hmm. Questions think regardless of the Bear...
We are currently sitting into a demand zone on a daily chart. I believe this is a very important zone from a structure point of view. IF we go lower everyone it's gonna scream bear market, capitulation etc... How does the retail feel after seeing/participating in the pump after the FED meeting to then fall into the desperation or simply back into the smart money...
Just as I expected the scenario And now we've reached the 30k Expected scenarios ------------ Volatility in this area and the corrective bounce to the 34K area, then the continuation of the decline, I favor this scenario ------------ Rebounding from this area and breaking the descending trend line to the top and then returning except for these prices in the form...
Hmm ... maybe it will work🤔Maybe we're closing GAP, maybe I'm wrong🤔 The information provided is for educational purposes only and should not be used to take action in the markets.
Im here to tell you although darkness has forsaken the market, there will still be opportunities. I believe we are approaching just that. It's coming time for a relief bounce and a Bearish retest of these lost levels. Here is the Macro view for reference: If the market doesn't reverse to retest these levels, the market is very wrong. The recession...
BTC and ETH continued to fall along with US share markets as prices take out key support levels. Bitcoin is running down into major support which it will need to hold to keep and enthusiasm alive. The 30K level on BTC is a major level so we may expect a bounce although, if share markets continue to meltdown, then we may see a break straight below and extension on...
One could roll the dice on Bitcoin, once we hit that support zone between 30k and around 28.5k and speculate on a reflex rallye. Trade setup TP is put on the .50 fibonacci retrace of the last mark down. Would be a decent reflex rallye. Stop below 28.5k support and pull the stop on entry once bitcoin shows some bullish momentum to be safe to the downside.
Hello investors and traders ! We warned several times that Bitcoin is going to drop severely and now it came true ! now the question is where we can find a shelter? I kindly invite you to follow the related ideas for details :
there is a high probability that BTC will retest the lows of that weekly range in the next couple days/weeks
Do you see the pattern? Descending triangle... same story like in 2018 I guess. I hope you are safe. Rule no 1 - always protect your capital
Bitcoin is seeking 200 Weekly Exponential Moving Average. This is is an area of confluence with static Fibonacci retracement to 61%-65% golden pocket region. If we look left for clues, we can see region also acts as support for the previous covid low. Price is expected to set lower lowers on micro timeframes until confluence with 200 EMA before a strong...
BTCUSDT trade has hit 14000+PIPS in third innings. According to our prediction trade has spike area to get strong momentum as shown in the recent and previous graph demonstration. We are consistent with our previous analysis. We publish precise and compact information after careful consideration which give you quick glimpse for comparative analysis. Our aim is...
Still in the weekly ichimoku cloud -> Neutral. But if we break the actual bear flag, the target could be 25k. By the way, we have a huge gap to fill à this price.
Someone somewhere is still trying to figure out how this is Bullish. All their favorite influencers promised 100k in 2021 and now they promise post FOMC meeting Pump . It's easy to get caught up in these short-term swings and FOMO naturally kicks in. Just zoom out 7 months and you will realize the trend hasn't changed. Today it was continued. ...
We expect this level to hold the bears if this support breaks a lot more pain will come but we are in the RSI soldout area and good support area as well so we will see a move up and then the market will decide...
Let's see how BTC is behaving. This is a 1D chart. (Long Term) As we said before, Bitcoin would hit resistance one last time and go back to the solid support area, which was correct! And for now, there are two new support areas on the way down. I'll give you more updates in another chart in a smaller timeframe. There is one resistance area on the way up,...