Elliott Wave Analysis with Fibonacci Extensions - Potential BullIn this chart, we observe a clear Elliott Wave structure with five impulsive waves, indicating a potential bullish continuation. The Fibonacci extensions are plotted, highlighting possible Take Profit (TP) levels based on the wave projections.
Wave 1 to 5 completed, with Wave 5 potentially leading to significant price growth.
The Fibonacci retracement levels show key support areas, while the Fibonacci extensions suggest potential upside targets.
Key Targets:
TP0: MAX 81,738.0 (168% - 200% Fibonacci)
TP1: MAX 98,157.0 (261% - 300% Fibonacci)
TP2: MAX 114,576.0 (361% - 400% Fibonacci)
TP3: MAX 130,995.0 (461% - 500% Fibonacci)
The current price action is in consolidation, suggesting a breakout may occur soon. A strong move past TP0 could accelerate the upward momentum towards the higher TP levels.
Keep an eye on support levels around 63,068.0 and potential correction zones before a breakout occurs.
Disclaimer: This is just my personal view based on technical analysis, and it is not financial advice. Please conduct your own research and trade responsibly!
Btsusdt
Bitcoin - BTCUSD - Pattern Forming?Greetings!
BTCUSD seems to be forming a descending triangle pattern in the 4h timeframe which should complete by Boxing day. The RSI has also been declining as shown at the bottom. The probabilities in this case are favoring the bears more than the bull unless this is just as things have slowed down due to holidays. If things pan out as per the pattern, BTC will breakdown and the support will be around $38K.
We have also shown a possibility that the bottom trendline may not be a 100% flat (green dotted line). We will have to watch the progress of the pattern though to see if that is correct to see if the probabilities change.
However if a breakout closes and confirms above the descending top trendline, bulls may get back in control. Only time will tell but for now, we are more likely to head to $38K.
Note: This is not financial advise and shall only be used for educational and/or entertainment purpose. Please do your own research before investing. Crypto Markets are highly volatile and you are responsible for the risk of losing your entire investment.
BTS/USDT 🚀 Target 2 Achieved 51.82% ✅🚀#BTSUSDT
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Target 2️⃣ : done✅
Entry price: 822$✅
Price reached : 1248$ ✅
Profit: 51.82% ✅🚀🚀🤑
The BTS/USDT spot trade on Binance has soared to new heights, delivering exceptional profits to traders. We're delighted to inform you that Target 2 has been successfully reached, generating an impressive profit of 51.82%. This trade demonstrates the lucrative opportunities available in the dynamic world of cryptocurrency trading.
Bts Looks Promising For Decent Recovery Formed Descending Channel In 3 Days Tf Incase Of Breakout Expecting 200 to 220% bullish Wave Look For Entries on lower timeframes
Bts Getting ready For breakout seems Like getting ready For massive Breakout
Formed Descending Channel & Building Up For Breakout
Incase Of Successful Breakout Expecting 80 - 90 % Bullish Wave
BTC LONG TRADE SETUP SHORTTERMExchanges: Binance Futures
Signal Type: Regular (Long)
Leverage: Cross (5.0X)
Entry Targets:
1) 21250 - 25%
2) 20300 - 25%
3) 19350 - 25%
Take-Profit Targets:
1) 23000 - 10%
2) 23500 - 10%
3) 25000 - 15%
4) 26500 - 15%
5) 28900 - 25%
6) 29400 - 25%
Stop Targets:
1) 18240 - 100%
BTS Bitshares Maybe Bull Run Again ?Can Bitshares make the move it did after its previous bearish breakout? There seems to be a jam.
BTSUSDT Price Prediction next market move !!!Hello Guuuys!!!
What do you think about BTS are you bullish on it ?
BTC Forming right shoulder of H&S...headed down to $15,600?BTC keeps getting denied at the centerline of the main downward channel. When the upward channel that's been in play since November 21 intersected with the main downward channel there was a steep breakdown. Now I believe we will finish out the H&S as drawn until we reach the bottom of the upward channel on Thursday. Then there will likely be another dump down to support at $15,600 which is also the 0.128 line that has been major support and resistance in the main downward channel.
I think this is really only the beginning of a massive dump until the end of the year. Mercury will be retrograde on December 28 and 6 out of 6 of the last times Mercury has gone retrograde, a major dump has taken place in the 2-3 weeks preceding the exact date of retrograde. We have entered this shadow period now so I think this is only the beginning of several weeks of bears in control. I think we'll see at least $12k before year's end.
BTC sell rejection at ResistanceBTC, as ETH, is still inside a wedge from yesterday and is kepp moving between 17100 and 17200, I would sell a rejection at higher Resistance Lines R1or R2 at 17200 or 17300 ; RSI , like ETH , is on 15M neutral pointing up, on 30M and 1H is overbought and on 4H is oversold, that tells me that we may have a small push up follow buy a larger pullback down, the trade would be invalidated if BTC breaks up R2 with volume
📌 I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1 // POSITION 25%-100% // MULTIPLE IN AND OUT 📌
📌 IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA REAL TIME // INTRADAY TRADING ONLY 📌
💰💰 83% TRADE WIN IN DECEMBER 💰💰
15 WIN, 3 LOST
💰💰 95% TRADE WIN IN NOVEMBER 💰💰
35 WIN, 1BE, 1 LOST
💰💰 93% TRADE WIN IN OCTOBER 💰💰
40 WIN , 1BE, 2 LOST
💰💰 86% TRADE WIN IN SEPTEMBER 💰💰
37 WIN, 3 BE, 3 LOST
📌 CHECK ON MY TRADINGVIEW ACCOUNT 📌
⚡️⚡️ I LIKE TO HAVE A VERY STRONG POSITION IF I OPENED A TRADE, THAT MEANS I REALLY JUST LOOK AT HIGH POTENTIAL 🆗🆗 WIN OPPORTUNITY
I AM NOT A COMPULSIVE TRADER OR MEDIUM/LONG TERM TRADER; JUST PATIENTLY WAIT FOR THE BEST SPOT, MAKE THE PROFIT AND CLOSED THE TRADE ⚡️⚡️
BitShares (BTS) formed bullish Gartley for upto 62.50% pumpHi dear friends, hope you are well and welcome to the new trade setup of BitShares ( BTS ) coin with US Dollar pair.
Previously we caught more than 21% pump of BTS , and was very close to hit the sell target, but dropped down.
Now on a 4-hr time frame, BTS has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BTC short rejection at 17300 or breakBTC is keep trying to break up the large descending wedge but has already failed once, so we may have a second failure, i have no idea if will continue move up to 18k-19k or will be rejected again, but i see a small bearish formation coming out from this second attempt, i would short a rejection at 17200-17400 or a break down of the formation back inside the wedge; RSI on 15M is overbought, on 30M is neutral moving up, on 1H is overbought and 4H is overbought, that tells me that we may have another push up follow by a pullback down, so i would wait and see if there is a push up and if get rejected at Resistance or around 17300 i will enter a short or i will considered shorting a break of the small wedge probably after confirmation as could be a fake one or could just moving up on the wedge boarder; so now waiting time, if BTC break up with volume R1 or the wedge in general the trade is invalidated
📌 I TRADE HIGH LEVERAGE 5 TO 50 X NOT 1 : 1 // POSITION 25%-100% // MULTIPLE IN AND OUT 📌
📌 IF I OPEN THE TRADE I WILL ADD A COMMENT TO THE IDEA REAL TIME // DAY AND INTRADAY TRADING ONLY 📌
💰💰 94% TRADE WIN IN NOVEMBER💰💰
17 WIN, 1 LOST
💰💰 93% TRADE WIN IN OCTOBER 💰💰
40 WIN , 1BE, 2 LOST
💰💰 86% TRADE WIN IN SEPTEMBER 💰💰
37 WIN, 3 BE, 3 LOST
📌 CHECK ON MY TRADINGVIEW ACCOUNT 📌
⚡️⚡️ I LIKE TO HAVE A VERY STRONG POSITION IF I OPENED A TRADE, THAT MEANS I REALLY JUST LOOK AT HIGH POTENTIAL 🆗🆗 WIN OPPORTUNITY
I AM NOT A COMPULSIVE TRADER OR MEDIUM/LONG TERM TRADER; JUST PATIENTLY WAIT FOR THE BEST SPOT, MAKE THE PROFIT AND CLOSED THE TRADE ⚡️⚡️
BTSUSDT 170 PROFIT POTENTIALtesting trendline in daily tf
incase of breakout expecting 172% bulish wave
looling for midterm
BTC in horizzontal move : neutral viewBTC is for two weeks now between 20500 and 18200 , there is not much to do here as the horizzontal moves means scalping time, today is friday and we are going into the weekend so i do not really see any trade or opportunity today, 19800 and 18800 are two interesting point to try a short or a long small position but always looking at RSI situation, at themoment RSI 15M. 30M and 1H is in oversold position while 4H is overbought, so I would think a move up is possible soon more than a move down, but trading here it is not what i like, I will revised BTC once it get to 19800 or 18800, at the moment i am in a no trade zone
BitShares (BTS) forming bullish BAT for upto 60.50Hi dear friends, hope you are well and welcome to the new trade setup of BitShares ( BTS ) coin with US Dollar pair.
Previously we had a pump of BTS:
Now on a 4-hour time frame chart, bts is completing a final leg of the bullish BAT pattern, and after a slight more drop it will be entered the potential reversal zone.
Please before opening the trade, make sure that the trade is still valid or not by clicking the play button on the chart.
In order to play and watch the current performance of the chart, you need at least a free account on tradingview. If you don't have then you can create one using the below link:
www.tradingview.com
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Link for Bitget exchange, they are also offering nice bonuses:
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There can be a probability that sometimes up to 4 out of 10 trades can be unsuccessful, therefore, It is advised to diversify, I personally open atleast 5 to 10 or sometimes more trades at a time, and strictly follow the stop loss, and don't get stuck with a trade. Best of Luck.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BitShares (BTS) forming bullish Gartley for upto 30% moveHi dear friends, hope you are well and welcome to the new trade setup of BitShares ( BTS ) coin with Bitcoin pair.
On a daily time frame, Flux has formed a bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
BitShares (BTS) forming bullish BAT for upto 27% pumpHi dear friends, hope you are well and welcome to the new trade setup of BitShares ( BTS ) coin with US Dollar pair.
On a 4-hr time frame chart, BTS is about to complete a bullish BAT pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade