BTC Elliott Wave tradeThis is my plan to entry for a long positions on Bitcoin.
I am still bearish on Bitcoin and I will show after this my trade setup for short positions, but anyway the market can do anything and if it will go long than I must see something to enter for a long position.
Only count from here is to have an bigger 1 wave and now multiple 12 12. The last 1 wave it can be this expending leading diagonal and after the correction I would enter for a long position after the price breakup the B wave. The correction can also end in the area of 4th wave from the expending leading diagonal .
Invalidation will come if price goes below wave 2 from the first 12 formation.
I will keep update this trade setup so if you like it subscribe for future updates
Elliottwaveanalyis
BTC Elliott Wave count DailyI think an running triangle is ended also the 1st and 2nd subwave from a 5th wave is ended, wave 2 bounced 3 times into 0.854 fib retracement of the 1st subwave.
I am expecting a fall to 15000 fot Bitcoin if this is a correct count that.( Above 21000 this count will be invalidated)
BTC Elliott Wave count DailyI think that the correction is not over and we will gonna se further more downside move.
This is my daily count and we have a zigzag corrective pattern and the equlity of wave A with C it is at 12500.
I think Bitcoin is into a 4th subwave from the 5th wave of the C wave and it will do a last 5th subwave.
ADVANC | Wave Projection | Possible trend reversal Inverted H&SPrice action and chart pattern trading setup
> Elliott Wave Projection - possible end of correction ABC
> Upcoming trend reversal pattern - inverted head & shoulders
> Entry @ Neck line breakout
> 1st Target TP1 - SMA200 and TP2 - previous Wave (B) position
> Stoploss @ head position
> RRR: 2:1
> Indicator: MACD bullish divergence
Always trade with affordable risk and respect your stoploss
BTC Elliott Big ABC DONE, What now?Just sharing
we can see that wave C already has 5 waves in it
but maybe wave V of 5 of C it's ocurring now to build a final push downside
But, does this mean that correction is over??
Noone knows only time will tell
On the past btc has taking much, much longer to finish correction, so i don't think is over (but that's just an opinion)
After C its complete we might see uptrend, or flatness, nothing of this tell me the correction is over, because it might be building a complex corrrection (WXY, like the white dashed wave on chart), so this big ABC that is already done would just be wave W, and we should see next the X wave (with 3 waves in it, blue dashed wave), after that wave Y, so more correction on the way.
BUT, if the wave that it's coming has 5 waves in it (like the yellow dotted wave in chart), then it would be a sign that correction is over, and we could look for on uptrend.
Has #META bottomed? Our ElliottWave count suggests so!#META has found support on its long term 38.2% Fib level ($158.50). Stochastic has also reseted on the monthly timeframe. Thus, #META was never so oversold as it is today. Could we turn the page and move higher from here in a new impulsive structure? We remain flexible and keep an open mind on the idea!
What's out as $PLTR tries to break its long term resistance lineThe move to the downside seems to be completed in 3 WAVES (ABC) structure. If this is the case and we continue moving the upside, with the current low in place, we are in Wave ElliottWave 3 with a powerful move to the upside to start playing out!
Bitcoin ready for 200% rally#Bitcoin as per #Elliottwave analysis is ready for 200% upside move.
Bitcoin has completed its complex correction where W is equal to Y.
As per Elliot wave analysis, Bitcoin has completed its 4th wave correction. The last leg 5th wave is pending.
The upcoming move should be a minimum 200%. Let's see what Bitcoin will bring with it.
Happy Trading!
BTC Elliott Wave countBitcoin X wave scenario
I want you to keep in mind this scenario.
That noise in the middle can be an X wave that is formed also by a wxy corrective pattern.
Bitcoin can bounce again 0.618 fib retracement and from here to go up at 0.5 fib retracement of 3rd wave because it didn`t tested. Market can do anything!!!
I will keep an eye on the market price action and I will update it.
I am updating Bitcoin count at least 5 time per week so subscribe to watch my future counts.
If you like my analysis please give it a like. Thanks!
s&P ELLIOT WAVE FORCAST HEllo guys
this forcast bulid depened on Elliot way in forcasting the marketing
let's dive in
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the big cycle is i
we start the first wave from 2$ until it hit 33$ and them we had a nice ocrrection to 5$ it end on 1933 may
we start the big biggest impulsive wave 3 it had a pretty nice move to the up and nice correction every
we got 5 waves inside wave 3 now we see the 5 waves end so excpect a down move and big correction on s&P all the way down i d k where we could stop but the idea is this doing lower we finished nice 5 samll waves inside the cycle ( ii ) - ( iii ) now we in correction wave ( IV )
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RSI IS BEARISH ON THE monthly that a nice reason to dump this down as we see in the chart every time we havea davergence it's just a time until we see a nice down more correction and this small correction was for the small waves inside the big cycle
now we finished them all we enterting the big cycle IV correction .
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from the start off the wave ii to iii s&P have so big divergence u can check it in the chart