Wave
BTC Q4 Wave First,
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Ok i will make it brief,
This is my Q4 debut to the end of 2021
We are going to seeing Btc at te end of December reach $117k - $124k.
You may think that i fomo or got crazy,
Let me explain you why and the most reasons.
As you know, the relative analysis of Elliot Wave had always got 90% of the probability thats its follow the results of the analysis.
Mine is one of them, but a bit different that a lot. I take all counts in the recents datas not only the past cycles.
Now we saw and surely understand that Btc has increased his speed accumulation, the most reason of thats it the return of his popularity. Remember after the big crash in April, a lots of newbies got scared and lost a lot when its happened and then leaving the market.
They are starting to back at the past weeks (2) , we also now have so much more big investors that jump on the cryptocurrency and leaving the stocks because as you know the stocks market are collapsing. Im not saying that its will not impact the crypto market, its will same as every but the crypto always proud that its much more faster recovering that any others markets.
Now lets back into the chart,
This is my 3 important point averages for
Uptober $89,640
END November $64,000
END december $117k
But did we are going to have another big correction that will bring BTC dip between $47k - $39k ?
I believe that the next correction will be between 19th to 25th. I saw the higher high of Btc during Uptober reaching $66k and the next week and then as i said got a correction and then we are back btw $59k - $61k after thats Btc will do the same as always uptrend to $62,700 - $64,200 and play on this next accumulation zone to close the month of Uptober.
How about November did will have also a correction?
Yes, its will come with the next Moon, its easier for everyone that learn the principles of this indicators, the moon are changing every 14-16 days. You will seeing clearly that after reach $84k we are going to drop at $77k to retrace and valid the supports passed, once finish starting a new uptrend slowly but surely to close November between my average.
December $117,000 - $ 124,000 ITS CRAZY!!
Not much as you think, remember that Bitcoin as i said had accelerate his speed during Each phases of accucmulation and correction since we started Uptober. Popularity and new arrival of big investors will increase his bounce, that will become more stonger and high weeks after weeks.
Hope you got the plan, if you are with me:
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Coments what you think about it
Audusd SellMorning all,
Following on from our previous analysis on this pair, which is now a risk free trade. We are looking to open our second entry at wave 2 down, following on from the double top pattern! As you can see price is completed a mini correction and we expect further decline on this pair until Jan 2022.
Entry and Sl marked.
Likes and comments welcome.
Long term positive AUDNZD outlookNumber one, we can find that there is a huge demand where the market couldn't close below a previous low, this demand resulted in the market breaking the structure and making a new long term weekly high, now the market is moving in a corrective waves which can look like a channel, this area is also a demand zone as well as AB=CD,
What can we do now? if you are trading long timeframes or short timeframes, we could wait few days and look at lower time frames, try to find confirmation/s depend on your preferred analysis. Enjoy!
immediate short term for BTCfollowing my current count( i am still learning EW) we should see wave 3 touch the top of the ascending channel or perhaps crest just above it before retracing for a wave 4, wave 5 should see us rise above the channel and then begin our new 3 wave move down to retest the top of the channel. i am still cautious as many belive we may see 57-58k as major resistance zone and can retrace for a primary wave 2 down to 47-50k before our primary wave 3 up above the previous ATH.
$SPY - Filling the gaps - Elliot Wave analysis
With the unsettling issue of the approaching debt ceiling deadline on Oct. 18th, 2021 , the timing of this potential drop in price is quite coincidental.
Applied my Fib extension starting at the top of corrective Wave (B) and lined up Fib 0.618 on Wave (A). The depth of Wave (C) is still in progress.
This scenario brings Fib level 1.618 indicator to approx. 404.07 , which coincidentally is approx. where the previous gap to be filled on Apr. 5th, 2021.
Coincidence?
This is my TA opinion only.
G999 indicator wave swingG999 has momentum to break resistance and reach 0.0077 levels as shown by MACD indicatioans: wave change and convergence point in combination with EWO forming another peak. All of that allows to create buy setup below:
Buy price: 0.00686695 - 0.00703633
Stop loss: 0.00652204
Target level: 0.00777898
Matic on it's 3rd leg of an Impulse?Love Matic, love catching a wave. Hopefully this newbie will ride it out and not wipe out!