Behzadin

Behzadin

On the left we see the short term movements and on the right we see the mid term movements. I believe are prediction of the ABC correction wave has been confirmed and we are now forming the C wave. The length of the C wave will be similar to the A wave, however the waves within might not be the same. I believe the top trend line has been formed for the C wave but...

Behzadin Updated 

In read we see the correction waves, that shows are final destination. In it shows how wee went don`t and brown the bounce. I Expect to see us go down from here . However the 5th wave hasn't been completed yet. I believe it might squeeze a little more upper movement due to the last flag it has formed and go down from there. As always, this is just a thought not...

Behzadin

This is not an analysis but I just wanted to see TETHER BTC correlation, to see if tether had any role in the last run.

Behzadin

So what we have anticipated has happened. Now we just need to watch how it goes. I believe we will see bounce at 50 ema levels , however it is likely to be a bull trap. We could make a market entry at those levels with stop lose to test the waters. However it is likely that we will see a drop all the way down to 200 ema. At this time we need to just sit out and...

Behzadin Updated 

So there is 2 things to keep in mind. First is, every parabolic movement comes to an end with a big correction or crash. Second usually alts gets destroyed by BTC when BTC makes a big movement either way. With these in mind lets look at the chart. We could easily spot the CUP & Handle formation on the chart and an other formation is the inverted H & S formation...

Behzadin

As in my previous chart i have said that we were going to 13.2 k levels which has shown to be accurate. I believe this rally is coming to its end by the end of this week or early next week. But this is BTC it could keep rising, but the risk is way higher than the reward. If wee look at any RSI on any of time frames we will see there is no reasoning in entering a...

Behzadin

I love it when fib levels mach any moving average or resistance,it is an amazing thing. So to come to the point I believe will rally up around 13200 and see a correction. In the next days we could see a drop as a bear trap but I believe this rally will continue.It might retrace from here but I believe it is unlikely there is still more people that is FOMOing and...

Behzadin

It looks like one side is going to be REKT! I believe its best to sit and see whats going to happen this weekend. If we close above the previous week lows, we will bounce up and down between 9k and 8.1 k for a week or two to form a flag on the weekly. If we close this week below previous week. Its not going to be a fun way down. As always it is just a thought, not...

Behzadin

It is stuck between 50 and 200 ema on 4H chart.If it doesn't break 50 EMA and drops to 200 EMA , I don`t think 200 will hold. As always just a thought, not an advice

Behzadin

As always, its just a thought. Not an advice =)

Behzadin

On the 4h chart the 200 EMA is the holding point. I believe it might do one more bounce and follow the daily chart path on the previous analysis. As before its just a thought.

Behzadin Updated 

Its just a thought. Not an advice =)