BTCUSD Waves. Under the microscope. (18.06.2018)Hello.
Returned to the original version with a triangle, but with a possible reassembly.
1) Going down, everything is clear: the wave (iv)-red is completed (alternatively, it is already completed - orange) and plunges farther down.
There is a nuance: 5 wave can be like a simple quick impulse (relevant news background may appeare), as well as a long saw in the form of a final diagonal triangle of triples - the approximate boundaries are indicated in orange.
2) Goes up.
The exponential growth in shorts, and reduced longs.
We think, the "downstairs" scenario is not the most realistic, and it's time for the medterm structure to descend, the supposed triangle in the wave (iv)-red can be great to get out sideways with goals below 6000.
It is very real to get a "turn-up" triangle with an upwards exit, which will confirm the beginning of the correctional model within the framework of medterm movements.
As a result, someone will find the picture blurry, but in it you can find something beautiful, and at a certain time profitable. The main thing is to look more closely and take the right actions. You can try to play triangles on breakdown, while searching for a bottom is an individual matter :)
Srvgroup
BTCUSD Waves. Under the microscope. (14.06.2018)Hello.
The local decline is almost completed, further the correction in the wave 2-black could follow.
While there are great chances for a bottom test below 6000, however, it seems as the end of the 5-wave (i) - (v) in the wave c (circle)-red in the triple a-b-c (circle) - red, which is part of the wave 1-black in the possible final diagonal triangle-black.
Also, if we look wider picture, then another final diagonal triangle-(purple) is hypothetically possible. However, its boundaries can be designated only by the fact of a decrease in the current wave to 3,000.
Globally, if one of the variants of the final diagonal triangle is built, the price has all the chances to rise from the bottom in the region of 4000-2000 to 8000-13000, and according to timings this event can occur by the middle / end of autumn. And purple final diagonal triangle promises higher expected value rather than black.
BTCUSD Waves. Under the microscope. (01.06.2018)Price showed another upward impulse, giving correction tonight.
There are 3 options on the agenda: 2 for bulls and 1 for bears.
1) (light-blue), the price formed the i-blue wave, and now the iii-blue wave is starting to form: current purchases below 7400 will stand and go further;
2) (blue), the price forms the input wave i-blue in the form of a wedge with an upward exit: current purchases in the corridor 7600-7300 will close in stop losses in the range 7300-7100.
3) (red), the price forms an ascending triangle in the wave (c)-blue (inside the b-red wave): current shorts will close in the stop loss near 7500-7700, followed by fast dump in wave c-red in the area of 6600.
How to understand what is happening, and how to act - everyone chooses by himself.
All with 1 summer day and good luck!
BTCUSD Waves. Under the microscope. (29.05.2018)Since yesterday, little has changed. The price slowly decreases in the local wave (B)-blue, in which the triple with the finale diagonal triangle in the wave (c)-red.
As well as yesterday I expect a pitch in the wave (C)-blue, and following decline in the wave C-red may continue.
BTCUSD Waves. Under the microscope. (28.05.2018)The price is slowly pulled into the basement, hinting at a possible "long" homocide.
There is nothing much to say now. Looking at future events, can't find nothing super hype: boring.
Black option target (assuming earlier completion of the triangle in (B)-black) is the area of 2500-1500.
While blue option target starts from 9000.
BTCUSD Waves. Under the microscope. (25.05.2018)Yesterday, the price marked the local bottom faster than it was expected. The correction from 10,000 looks complete.
Perhaps buying a little is worth it.
Also, a critical scenario was added:
early ending of the triangle in the wave (B)-black and the plunge in the wave (C)-black, which is marked at the bottom of the graph, and possibly will take a form of (I) - (V) with a prolongation in the wave (V)-black.
BTCUSD Waves. Under the microscope. (24.05.2018)The price catches its breath in the wave IV-red ((c)-red wave).
After another round of decline, the market may recover:
pessimistically to 9000 area,
while optimistically - above 13,000 in midterm.
Locally, you can try selling with a stop loss above 8000; on condition of working out the orange zone before another micro growth.
BTCUSD Waves. Under the microscope. (23.05.2018)Due to the yesterday’s sharp plunge the short play was not possible.
The local bottom has been updated; moreover while the price falling out of the range, and the model by its’ decline nature reminds the wave "c", looking for sales is not as interesting as it was yesterday: stop losses are too high.
Recently I’ve studied the logic of the last 3 months, as well as current quantity and dynamic of marginal long / short contracts. Taking this into consideration I’ve returned the triangle model in the correction wave B (6000 - 8000/10000), removing the scenario with a simple zigzag.
The “tothemoon” variant is edited too (blue), however its structure is very doubtful.
A little later you can prepare for purchases under certain conditions, but now it’s better to watch.
BTCUSD Waves. Under the microscope. (21.05.2018)There are still options where the decline continues within the the correction model framework (or another).
However, this doesn't mean that it's not worth buying. The risk in the market is always present. The question is the correctness of personal money-management.
You can try to buy with short stop-loss at the top of the 1-blue wave.
In case the stop loss works you may try to play short from the next zone according to the logic of movement, but performing additional conditions for sale (descent into the orange zone).
For the BCN community. (At the request of Antonin).BCN has all chances to grow very well, but there is a fear that the model could consist of triples, which will result in a price dump in 2108.
The main level of the stop of the cycle of strong growth is 0.0028. If the price breaks, then by the end of next year there will be a flat in the declining range of 0.0024-0.0015, after which a new price can reach 0.012.
BTCUSDT Under. The microscop(19.10.2018)Wave 4 (purple) presented a "surprise" for many. As a rule, one who is not ready for such situations, in fact, expresses his thoughts in actions: "Ugh, pla falls! I will close!". There is a discharge of the previous impulse, which developed without correction, and the price starts an upward movement further.
Now a new impulse subwave is forming. Recklessly climb into the market until the train does not stop, and the conductor will not give a signal that it's time to go further.
We are waiting for correction after the impulse for landing with everyone in the common car.
BTCUSDT Waves. under the microscop.(18.10.2017)The price is close to the critical point 5400, the breakdown of which will lead to the refinement of the markup.
The bitcoin market is in the supposed wave 2 (black), in the composition of the intermediate upward momentum to 6800-7000. As well as yesterday we expect the market to grow to the goals.
We do not exclude that our assumption, regarding wave 4 (violet), is erroneous and the price descends lower to clarify the markup. This parameter smooths out risk management.
BTCUSDT Waves. Under the microscop(17.10.2017)Yesterday, we painted a possible 1 wave (black) in the form of a wedge. We have defined its boundaries.
Correction wave 2 (black) may still last for a while, and a place for a good purchase has already been formed (for those who are out of the market).
In the near future, we expect the growth of bitcoin, but we do not exclude any surprises with a failure below.
BTCUSDT Waves. Under the microscop(16.10.2017)It seems that wave 4 (violet) has ended and at the moment a new impulse movement towards growth is beginning to gain momentum. Yesterday, the level of 5420 did not finish the price and we, afterwards, entered 5500 after a small impulse and local consolidation. Those who want to buy "pennies" can now enter with Stop Loss at 5400.
BTCUSDT Waves. Under the microscop(15.10.2017)The picture from the last day has not changed. Everything goes according to our plan. At the time of writing, the formation of the C wave (black) in wave 4 (violet) went.
We expect the market to decline to 5420. At this point, you can make a purchase with a short Stop Loss.
BTCUSDT Waves. Under the microscop.(14.10.2017)Hello. So far, we have removed the markup with a large correction and left only a bullish version.
According to our calculations, we are in 4 wave (violet). Its character can be similar to a shallow 4 wave (black). The price can touch the level of 6000-6100, complete wave B (black) and go down sharply, work out the correction level 5300 and the channel boundary.
We are guided for purchases to the level 5300.
BTCUSD Waves. Under the microscop(13.10.2017)Hiyp continues to live and grows further. In this situation, it is difficult to say that there is common sense in the market. We specified the markup and assume that from the new excitement the price can move above 6000, but still sober in judgments and keep your hand on the pulse. We expect the price to rise to 6000-6100, after which we will do test purchases on the local correction from the levels 5100, 5500.
BTCUSD Waves. Under the microscop(12.10.2017)Consolidation continues. Wave b (black), perhaps, will take the form of a zigzag. I want to see a deeper correction to the price of 4650, but this may not happen, because look at the wave C (orange) in wave a (red). Corrections in the last wave were shallow and brief in time.
You can also try to play for a breakdown at the price level of 4950. Work better with a short Stop Loss.
BTCUSDT Waves. Under the microscope(10.10.2017)Our prospective model "wedge" did not take place. The market has sharply gone up and now has taken a timeout.
Today, the markup has been modified and moved to another level higher to assess the overall picture. Because the internal structure of the emerging upward movement consists of triples (although many are under the intoxication of the "bitcoinomania" and are labeled as 5 wave impulses), then we dare to assume that the main correctional wave 4 (red) is not completed and will take the form of an incorrect correction. The nearest key level for us is 5400.
We noticed a possible similarity of some segment of corrective waves and denoted it with a colored ellipse. Similarity and alternation - the wave order of the chaos of prices.
The strategy for this period is conservative. We will wait for a clear correction, when it is not ripe. You can work on a breakdown set by the maximum with a short Stop Loss.
The reason for this growth right now is the possible bitcoin hardfork, scheduled for October 25.
"Buy on the rumor, sell on facts."
BTCUSD Waves. Under the microscope.(09.10.2017)Good morning. Yesterday, we sold 90% of the total position at 4590. Bitcoin continues to form the C (orange) wave in a possible bullish "wedge" model. To confirm a good chance of growth, you need a touch / break through the level of 4700 and the wedge boundary. Now we assume that 5 wave upward movement is formed, and internal wave 3 (blue) is over. We are waiting for the price correction to 78.6% Fibonacci.
Consider a cautious purchase from the level of 4520-4500 with Stop Loss 4460. The target area for closing the long position is 4700.
BTCUSD Waves. Under the microscope.(08.10.2017)Yesterday we wrote that a triangle is formed in wave B (orange), and you can buy a break in the direction of growth. We did this earlier (by 4350), because saw the completion of the local correction and the retreat of sales.
Now we are in the emerging wave C (orange), and while there is a risk that the price may pounce from the level of 78.6% (4500) Fibonacci.
In order for the bullish variant to be further realized (the campaign is above 5000), it is necessary to break through / touch the price of 4700-4800.
Otherwise, we can get the continuation of the senior correction and the beginning of the downward movement in the region of 3000 and below. We will closely monitor the behavior of the price.
Perhaps the development of a new local correction or a trend change.
For latecomers, it is recommended to work from price correction with a short Stop Loss.