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.
Elliottwaveanalyis
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 $PLTR tries to break its long term resistance lineThe move to the downside seems to be completed in 3 WAVES (ABC) structure. If this is the case and we continue moving the upside, with the current low in place, we are in Wave ElliottWave 3 with a powerful move to the upside to start playing out!
Bitcoin ready for 200% rally#Bitcoin as per #Elliottwave analysis is ready for 200% upside move.
Bitcoin has completed its complex correction where W is equal to Y.
As per Elliot wave analysis, Bitcoin has completed its 4th wave correction. The last leg 5th wave is pending.
The upcoming move should be a minimum 200%. Let's see what Bitcoin will bring with it.
Happy Trading!
BTC Elliott Wave countBitcoin X wave scenario
I want you to keep in mind this scenario.
That noise in the middle can be an X wave that is formed also by a wxy corrective pattern.
Bitcoin can bounce again 0.618 fib retracement and from here to go up at 0.5 fib retracement of 3rd wave because it didn`t tested. Market can do anything!!!
I will keep an eye on the market price action and I will update it.
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s&P ELLIOT WAVE FORCAST HEllo guys
this forcast bulid depened on Elliot way in forcasting the marketing
let's dive in
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the big cycle is i
we start the first wave from 2$ 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
BTC Elliott Wave countBitcoin Elliott Wave count update
Still into the 4th wave, WXY correction pattern.
Also I think 4th wave will correct into 0.5 fib retracement of 3rd wave, somewhere at 34200
Changed a little bit things into Y wave. We have a Y wave formed by a zigzag pattern ABC, where B wave is a barrier triangle. (also this triangle can be a X wave if it is an y wave a complex pattern WXY but does not matter)
Also we have a barrier triangle wave B from triangle`s zigzag wave D
On the long term I am still bearish on BTC
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