⚡BITCOIN: the prophecy has come true! What awaits us in...Below you will find the history of forecasts, as well as the current wave scenario on the weekly and daily timeframes.
INDEX:BTCUSD ,🕐TF: 1W
📆October 15, 2022
INDEX:BTCUSD ,🕐TF: 1W
📆December 21, 2023
BINANCE:BTCUSD ,🕐TF: 1D
📆November 9, 2022
BINANCE:BTCUSD ,🕐TF: 1D
📆August 21, 2023
BINANCE:BTCUSD ,🕐TF: 1D
📆December 21, 2023
BINANCE:BTCUSD ,🕐TF: 8h
📆April 21, 2023
BINANCE:BTCUSD ,🕐TF: 8h
📆June 16, 2023
BINANCE:BTCUSD ,🕐TF: 8h
📆July 3, 2023
BINANCE:BTCUSD ,🕐TF: 8h
📆September 11, 2023
BINANCE:BTCUSD ,🕐TF: 8h
📆October 24, 2023
BINANCE:BTCUSD ,🕐TF: 8h
📆December 9, 2023
BINANCE:BTCUSD ,🕐TF: 8h
📆December 21, 2023
BINANCE:BTCUSD ,🕐TF: 8h
📆February 9, 2024
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BINANCE:BTCUSD ,🕐TF: 2D
📆March 1, 2024
Below is a comment on the counting dated 03/01/2024:
The price is approaching the historical maximum, which we mark as the top of wave (1) within the ending diagonal ⑤ of V. And there are a couple of interesting points here.
In my opinion, the rules for the diagonal in relation to wavelengths must be respected on both scales - linear and logarithmic, while the model itself may differ in shape depending on the chosen scale.
So, there is a high probability that on a logarithmic scale we will form a tapering diagonal ⑤, and on a linear scale - an expanding one. This hypothesis has a critical level - wave (3) should not exceed the level of 109460. A breakdown of this mark will indicate that on the logarithmic scale the road is open to the formation of an expanding diagonal = target 150k and far, far higher.
☝️I am currently working on other options for counting the ending wave ⑤, stay tuned.
Cryptowave
Grt Looks Promising Here Grtusdt
Symmetrical triangle pattern breakout confirmed
Attempting to breakout horizontal resistance 8h time-frame
Higher time frame seems like firming descending channel
Overall incase of breakout expecting 30-40% bullish move for short term
Expecting 100-200% Bullish move in midterm
Risk under your controll do your own reaerch
ETHUSD analysisHello my Crypto friends, BITFINEX:ETHUSD seems to be consolidating here. Any sideways move here can prove us one more down move. So keep an eye on it, be patient & trade with care!
REMEMBER THIS: I'm only interesting in buy, so i won't take that breakout. Don't sell before you see sideways move!!
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BTCUSD new low?As you can see COINBASE:BTCUSD is heading for a new low. Any sideways move will be a sign for a new low. After it breaks this low, I will look for buy setup. I'm only interesting in the buy, so i will skip this possible sell setup.
So keep an eye on it, be patient & trade with care!
If you like what i do click that like & follow button.
Likes and followers motivate me to spend my free time posting content for you!
Thank you for your support! :)
ETH Channel on the Hourly to WatchETH has been holding up much better than BTC consistently, but is still tied to the same trading action.
There was a point last night where I said if BTC chart looked like ETH I would be much more bullish the space right now.
The daily chart is looking to form a higher low, and the 4 hour chart was the first to hit a higher lo and higher high.
ETHBTC chart is still in a very strong uptrend on the daily, something to keep an eye on.
I personally am not trading in this zone with the choppy action controlled by 1 min candles.
I am waiting for a more clear setup and I will choose ETH for any oversold bounces if we see BTC break $8k.
Establish a game plan for both scenarios, bull break and bear break.
BTC Slow Hourly EMA 12/26 SupportAfter setting the low yesterday and breaking the 4 hour lower highs, we have had a slow overnight session with the bulls maintaining EMA 12 and 26 support on the hourly, keeping the bounce going.
The 4 hour chart has still not had much consolidation since the bounce began, which has me cautious of entering any bullish positions in the current setup.
I am also looking for a daily lower high to be set today or tomorrow which is another reason I am not rushing into any re-entries.
Lose hourly higher lows and we will look for a 4 hour higher low to form.
Patience for those less comfortable, wait for the daily range to break.
BTC Oversold Hourly Bounce Kind of MorningCurrently placing bids in other names as we see BTC hitting hourly RSI in the mid 20s on GDAX.
Other exchanges RSI is not as low, but still at historical bounce level on the hourly on bitfinex.
There have been some better bounce opportunities in the other names recently which is why I will probably play ETH and LTC with another push down from BTC.
Scaling in patiently and not trying to nail the bottom, keeping plenty of cash to add if things get extreme.
We are seeing daily consolidation and the need for another daily higher low.
Looking for a change in the hourly trend to see a bounce on the 4 hour, and a likely lower high form at the top of the bounce.