Elliottwaveanalyis
ETH/USDT Elliott Wave count 4H TFEthereum ended an impulse to the upside tha may be an wave A and now is falling into a correctivly pattern WXY that may find support into the box. From there I am expecting to go up.
Until the price acrtion will change I remain bearish.
I will update this count when the price action will change so if tou like my analysis subscribe for future updates.
Good luck!
Bitcoin Elliott Wave count 30m TF Bitcoin remains downwords and is falling correctivly into a WXY pattern.
I will trade this with short entry at 23000 and stop lose above black X wave top.
Price allready hit 0.618 fib retracement of the previous blue W from black Y.
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Good luck!
Bitcoin Elliott Wave count 1H TFAfter this flat type correction I expect bitcoin to correct more at least with a C wave and it is possible to touch the 21650 area.
I will enter short at 23210.
Stop lose 23670
I will update take profit later.
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Good luck!
CPF Elliott Wave Projection | Triangle Breakout - RetestPrice action and chart pattern trading
> Wave Analysis projection - descending triangle / wedge breakout trading target
> Entry @ support retest breakout downtrend wave triangle
> Target 1.0 - 1.618 extension of ABC uptrend wave possible at volume profile resistance
> Stop @ right shoulder of inverted head & shoulders
> RRR 3:1
Always trade with affordable risk and respect your stoploss
Bitcoin Elliott Wave count 30 min TF Something is not smelling me too good here!!! WXY or 12 12
If this structure was a WXY it must be completed now and Bitcoin would have broken the resistance from 22360. I will keep my short postion and I'm more inclined to say that it would be a 12 12. If it so we must see volume up and a massive sale!
Also subwave 1 from second 1 wave is extened.
USDT dominance is showing strength at supportUSDT.D is now at support, i think we will see some moves to the upside anytime soon which means correction towards crypto market for approximately 2-3 weeks ahead.
Breakout upwards 7.9% could be dump for bitcoin and other crypto pair.
Do not fomo buy now, wait for retracement & confirmation.
Bitcoin Elliott Wave count 1H TFBitcoin is into a 7 swings wxy correction and I think we are into wave B from the Y wave. Also this B wave is a wxy corrective pattern.
We have a 2 key support levels 22500 and 21500 zones so if Bitcoin bounce in one of this supports and retake the middle line of the channel that act as a bullish flag also than it can go to 27000.
I am still in a short position with the Take profit somewhere at 21800, you can see the link to related idea for it and than I am looking to enter long.
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