Speaks for itself. traders will see a bullish movement.
When in doubt zoom out. Chart is self explanatory.
Wave 3 = either 1.62 x length of Wave 1 or 2.62 x length of Wave 1 or 4.25 x length of Wave 1 , min Target: 5-3-5 structure: Parallel channels on arithmetic scale:
Wave C, 2-4 days, Target-1 = $ 20600 Target-2 = $ 21100 If wave C > 123.6% of wave A (Blue Wave), wave C can be a wave 3 of a larger degree. Stop loss (20%) = $ 18450
Chart is self explanatory. Fibonacci levels: Fib 2.618 = $ 0.088 Fib 3.236 = $ 1.25 Pattern:
Speaks for itself. (Important long-term breakout) + (pullback) = You can make immense wealth with little investment.
If you're going to buy the dip, now’s the time to buy the dip (10% - 20% Buy).
Target (wave 3)= $ 0.37 *** Do You Remember? (09 Sep 2022) A much larger order: LUNA, $ 860 million = 43000 BTC ***
There are other reasons (volume, Fibonacci Extension, patterns, Waves Personality, ...) which I won't go into now. According to John Bollinger: Periods of low volatility (When Bollinger Bands are close together) are often followed by periods of high volatility.
P&F Configuration Target= 8*0.0071*3+0.0075= $ 0.1779
If the answer is “ No” then: Medium Term Investment Plan 5 Up -3 Down - 5 Up (5-3-5 structure) (30-45 days- low-risk) Target-1 = $ 0.14 Target-2 = $ 0.37 invalidation level = $ 0.028,
Explanation on chart. (30-45 days- low-risk) Target-1 = $ 0.00173, Stop loss-1(10%) = $ 0.00024, Stop loss-2 (10%) = $ 0.00022, (Hold 80%) Support (buy 20%)= $ 0.00019,
According to Wyckoff’s third law: price moves due to an effort (volume). As a result, investors often use trading volume to confirm a trend's continuation, or a trend reversal. a- Continuation: Prices move impulsively (If the volume has reached the maximum level) b- Trend reversal (Restricted range of price): (If the volume has reached the maximum level),...
As shown on this chart, wave 3 is rarely obvious at its inception (in addition, volume is heavy). Wave degree: Primary: Wave 3 (larger degree), Intermediate: Wave 3, minor: Wave 3, Structures: Wave 1 = Corrective rally, Wave 2 = Impulsive decline, Wave 3 = Time will show (Personally: Impulsive rally)
Let's be clear, I think bearish scenario will not work, because everyone is starting to use it (in a trading range between $18000 to $25000 for 5 months ( outcome: the bifurcation between volume & price!)). A specific outcome: Sep 27 was the explosive day of record volume, 0.593 million BTC (BINANCE-USDT).