Bitcoin Elliott Wave count 1H TF We have two options here:
1st orange count with wxy donside correction that is ended and now will do an abc correction to the upside
2nd black, blue and red with multiple imupulses and now we are into a 3rd wave of the blue impulse that will wave an extended 5th wave that will end on 1.618 relative to the size of wave 1 through 3. So massive sales will come.
Longshortcompetition
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.
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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Bitcoin Elliott Wave count 4h TF Bullish scenario still in play with this leading diagonal. I am expecting the correction to end near 4 th wave and will be a zigzag. If the price will break up the b wave than I will enter long.
Also take look to the related idea.
For take profit I think Bitcoin will hit at least 23000. I will update take profit targets in the near future.
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NEM/USDT Elliott Wave count 6H TFBarrier triangle for NEM and I am expecting wave E to go at 0.618 0.04875 fib retracement of wave D. youu can play long untill this target and from there you can trade short with Stop lose at wave C high.
Overall on long therm I am bearish on NEM.
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Bitcoin Elliott Wave count 4h TF This is my bullish count and how I will trade it and after this I will present also my bearish count.
Bitcoin made an impulse to the upside from 17578 and after probably ended a flat correction with wave A an expended flat, wave B an wxy and than the C wave an impulse.
Also after the flat correction it made a leading diagonal.
Now I am expecting the correction and if it will be a correction the trigger for my order will be on the break up of the wave b.
Bitcoin can go up at least for a C wave. Take profit targets in the next update.
I will update this count and trade ideea so subscribe if you like it for future updates.
Bitcoin Elliott Wave count 4h TF This is my bearish count watch also the Link to related idea for the bullish count.
Bitcoin made a WXY correction and after made an impulse to the downside that can be wave 1 from a bigger degree impulse to the downside.
Entry will be on the break of wave 1 or more aggressive on the break of wave x ftom wxy that formed wave 2.
Take profit targets in the next update.
I will update this count and trade ideea so subscribe if you like it for future updates.