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Crab

Bitcoin Long-term Analyze (Monthly Time frame)📆Today, I want to speak about Bitcoin's Long-term Analyze ( Monthly Time frame). First, For long-term analysis , it is better to use logarithmic charts (Do not forget, if you want to use fibs , you have to turn on Fib Levels based on log scale ). I was able to find 4 Major pivots on the BTCUSDT chart, these pivots were able to make a Symmetrical Triangle . Also, around 65761$ I found == Bearish Deep Crab Harmonic Pattern + Bearish Doji Evening Star Pattern ( it can verify our harmonic pattern / This pattern can make reverse or range on charts) + yearly Resistance 3 For finding the Next Major Pivot, first, we have to know the rules of Major pivots . If point D of our harmonic pattern wants to be a major pivot, the price must return at least 38.2% of point C to D (This rule makes Scenario 2 ) OR price has to rest ( at the time ) at least 38.2% of point C to D (This rule makes Scenario 1 ). In addition, I found one circle on the Monthly Time frame . BTC wants about 13 months or one year to start the next bullish movement . This circle will happen again? 🧐 As I said, I have two Scenarios : Scenario 1 : BTC will run between 30000$ until 40000$ ( Range channel ) for at least about 2 months and 22day (If Point D wants to be a Major pivot/ Time Retracement ) OR Maximum until May 2022 😱. I think that after this correction price can go UP 80$k-91$k // 104$k-107$k // even 130$k-140$k . Scenario 2 : BTC will go down until 22000$ - 19900$ (If Point D wants to be a Major pivot/ Price Retracement ). I think that after this correction price can go UP 81$k-871$k // 119$k-128$k . My Suggestion : please DO NOT buy Coins for Midterm and Long-term investment until the market finds a way. Do not forget to put Stop loss for your positions (For every position you want to open) Please follow your strategy , this is just my idea, and I will be glad to see your ideas on this post. Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe. Good luck
by pejman_zwin
24
Crab@1.618XAThis pattern took so long to complete, that I forgot that I had that one already structured, look that, this pattern it's already completed and tested the PRZ of the pattern two 2x! Here we just have to wait for the type 2 Reversal cuz we already had the type 1 reaction and that tested the PRZ beautifully and the price has been denied to go up so beautifully; Let's be carefully and wait for the clear nice to get short on this edge! 1. Harmonic Patterns Completion - Completed; 2. PRZ Hit - Done; 3. PRZ Test -Done; 4. Terminal Bar - Done; 5. Type-1 Reaction - Done; 6. Type-2 Reversal - Waiting; 7. Candlestick Reversal Sign - Done; 8. Candlestick Confirmation Sign -Done; 9. RSI Reversal Sign - Waiting; 10. RSI Confirmation Sign -Waiting; 11. Risk Management - Applied; 12. Risk / Reward - 1/3.
OANDA:XAUUSDShort
by JonyFxHunter
🔥 Bitcoin is on Contracting Triangle 🔥 (Road map)🧐First, I have to say sorry for the busy chart (BTCUSDT) , but my chart needed these lines . Please spend a few minutes on it.🙏 Location : BTC is on Corrective Structure ( Zig zag 5-3-5 ) for about 51 days (From 64795$ until LIVE price) and I think that this correction will take more time from us (maybe 2 months , just prediction ). My idea : still, BTC is on microwave 4 of Main wave C . as you know, one of the shapes of wave 4 is a triangle . I was able to find the 3 main points of the triangle A-B-C ( Contracting Triangle ). Point C has found with Bearish Gartley Harmonic Pattern + 78.6% Fibonacci (Point A ) until ( Point B ). For finding Point D , we have to concentrate on correcting microwaves (a-b-c) that are on the way to point D, I was able to find Bullish Crab Harmonic Pattern on the end of microwave a. microwave b can be around 37040$ or 37960$ . I think that Point D can be around 35698$ == 61.8% Fibonacci ( Point B ) until ( Point C ). I have three Scenario : Scenario 1 : when the price arrives to Point D , it can break the lower line of our triangle , and then the price starts to go down, so the end of microwave 4 of Main wave C was at Point C + microwave 5 of Main wave C has started. Scenario 2 : when the price arrives to Point D , then the price goes up until Point E . Point E can be a Critical Point for us (It is the end of microwave 4 of Main wave C ), better, I had to say that market will decide to go UP or DOWN ( UP will make my Scenario 3 // DOWN will make my Scenario 2 ). If the price goes DOWN at Point E , we can say that microwave 5 of Main wave C has started. Scenario 3 : when the price arrives to Point D , then the price goes up until Point E . Point E can be a Critical Point for us(It is the end of microwave 4 of Main wave C ), better, I had to say that market will decide to go UP or DOWN ( UP will make my Scenario 3 // DOWN will make my Scenario 2 ). If the price goes UP at Point E , we can say that BTC will go UP by 5 new impulsive waves . My Suggestion : please do not buy Coins for Midterm and Long-term investment until the market finds a way. Do not forget to put Stop loss for your positions (For every position you want to open) Please follow your strategy , this is just my idea, and I will be glad to see your ideas on this post. Please do not forget the 'like' button :) & Share it with your friends, Thanks, and Trade safe. Good luck
by pejman_zwin
41
Nifty Deep Crab Harmonic PatternNifty is forming Deep Crab in 1 Hour and 2 Hour and pattern is confirmed. It is still not bearish at the moment therefore, please wait for some signs of weakness. Per Scott Carney (Harmonic Trader) , SL for Deep crab should be around FIb level 2 of XA Leg. Other possible levels are 2.618 FIB Extension of BC Leg and 1.618 FIB derived from trend based FIB from ABC Swing. (Pl note that this 1.618 FIB is not prescribed level per harmonic trader books and strategies. This is based on my experience and learning. Again, right now it is not at all weak, Let is show some signs of weakness, like RSI sliding down, Bearish Div. on RSI, bearish candlestick pattern, bearish price action patterns etc.
NSE:NIFTYShort
by Kru-KB
4