BTCUSDT Elliott Waves Analysis (All possible options)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
all possible options, which one will realize - idk,
Orange - fell in a simple zigzag, (upon receipt of an upward impulse on correction entry with a stop below the last local minimum)
Blue - double zigzag.
Yellow - the saddest one, if there is an update of the local bottom through a small consolidation, in this case we will have a full-fledged downward impulse on the higher timeframe,
and then after correction to it, we can implement the worst option (published yesterday) with a movement of + -14k
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
Btcusdtanalysis
BTCUSDT : Analysis , 1DHello traders, we want to check the BTCUSDT chart in the daily time frame. In our previous analysis of Bitcoin, we predicted that the price would drop to around 20,000, but the amount of Bitcoin drop was more than we expected, and now we have to check what scenario for Bitcoin is expected. The price has reached the bottom of the channel drawn by the Andrews fork and we expect the price to start a correction from this area. We expect the price to pull back to the key level of 21300, which it has reacted to several times in the past. And this level should play the role of a support level for us and maintain the downward trend and continue to fall after the correction until the price of 18300. Good luck.
BTCUSDT likely to visit weekly support around 19400 and bounceThe downward pressure did not allow the daily support to produce any significant bounce and that led the expectation from previous idea to be not fulfilled. Since the price has broken the daily support and closed below it, it is likely that it will head towards the weekly support. I believe there is going to be a very nice opportunity to long it from there.
BTC/USDTBitcoin should have gone down because it had a divergence in rsi and had filled sell orders at 25k and also encountered heavy resistance.
On the other hand, it was very good that the cme chat was also filled.
If he can close today's close candle above the ma 100 curve, he can hope for a rise in the short term, otherwise he can go down to the purple box that I specified.
At the moment, a full 5-wave Elliott pattern has also been observed, but the length of the 5th wave can change.
BTCUSDT to head up for next resistance level around 22060As expected in the last post, price hit the daily support level. Now we expect a bounce from here. The price has a higher probability to reach to the next 4h resistance 1 zone around 22060. The rough path it may follow has been depicted on the chart.
BTCUSDT : Short Trade , 4hHello traders, we want to check the BTCUSDT chart in the 4-hour time frame. After moving in a downward channel, the price has reached the key level of 21400 and 21600. Considering that the price has broken the upward trend line downwards and also in the downward channel The second wave has had a shorter correction than the first wave. It seems that the market power is still going down and we expect the price to continue its downward trend, but at first the price will probably pull back up to around 22200, then from there it will fall to around 20600. Continue. Good luck.
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
My last futures pos was closed in breakeven, spot i still hold with entry(18150) and stop in breakeven.
There are 2 options on the chart:
yellow: we will have a flat correction in the form of a triangle (as long as the price is above 21400), since we fell in a zigzag from the top,
blue: there will be a deeper correction in form of a double zigzag with a 20k retest + closing the gap there and only then growth will continue.
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
BITCOIN BTC price keeps falling, when will it end ?Today's BTCUSDT idea is a continuation of the idea we published last week, and its logic works well.
Probably yesterday, the formation of the B wave was completed, which means that we can more accurately calculate where the C wave will end its fall
In our opinion, the price range of $22030-22230 can be considered as a zone of probable completion of the Bitcoin price drop. That is, in this zone, you should cover short positions, and you can also try to open long positions with relatively short stop orders.
And then follow the nature of the BTC price rebound, of course, if it happens :)
After all, if you remember from our previous ideas, the powerful liquidity zone is much lower.
In general, we recommend subscribing to us, because we release a lot of ideas for different coins and, most importantly, we keep a logical series of ideas that continue each other.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
BTCUSDT Elliott Waves Analysis (Local Expectations)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Entry: market and lower
Targets: 25 - 26 - 27k
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
cancellation of scenario - 21500
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
BTCUSD ( High Probability BUY Setup SOON )* Here we can see clearly from our analysis if BTCUSD don't break our support trend line, we're going to be looking for BUY Setups in coming days & weeks,
* If we see a down trend & it breaks our support trend line, we believe it's going to be forming Inverse Head & Shoulder Reversal Pattern ( VvV ) before the big BULL run for BTCUSD this Summer,
* As for us we won't be looking to SELL BTCUSD this coming days or weeks, instead we'll be waiting for the BULL run on our favourite Crypto Currency to trade,
* We're using H4 time frame for a clearer view of our analysis, hence we can't predict the duration of our analysis to occur on the charts,
* Keep a close eye on Crypto Currency King,
* Happy pip hunting traders,
* FX KILLA.
Analysis of the current Bitcoin trendAs you can see, Bitcoin has formed a descending triangle pattern in the 30-minute chart.
and there is a possibility that the price will jump in any direction.
If you refer to the previous idea about bitcoin, you will see that bitcoin is in a daily upward trend and the last swing has not broken its previous swing and the probability of falling and rising is 50/50, so I do not enter this trade as a trader.
But if you want to follow it, you can place sell stop and buy stop for yourself from below and above and wait.
This spike is expected in the next 2-3 hours
BITSTAMP:BTCUSD
BTCUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
2 possible options:
yellow if ending diagonal(my main scenario) with touching my main target zone 27-28k, then starting of correction.
orange if correction will start soon - confimartion - fixing under ~22800
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
BTCUSDT may head for next 4h resistance around 24450-24550So the step L1 shown in the graph was achieved as explained in the previous post. From the price action characteristics, it appears that the price is not content with being held back by this current 4h resistance 1 zone. I expect a small pull back max to the level shown by S2 step and then move higher on the L3 path. But it is possible that this S2 step might be very small.
BTCUSDT heading up for 4h resisatance zoneThe price is bouncing from 4h support as expected and mentioned in the previous post. I believe this bounce will lead the price to at least 4h resistance 1 zone. Lets target that first and based on the momentum we can see whats the probability of it going further up from that resistance zone.