The pullback looks to be coming to an end. The downtrend is getting weaker, which can be seen through the bullish divergence. There might be another lower low, or not. Most probably, the next uptrend wave will start soon
The downtrend's fifth wave was confirmed for the divergence. I am bullish now for short term, till we decide what will be the next step for BTC
Bitcoin has been consolidating for few days now, and will breakout soon to either 27k or 26k. Looking at the RSI oscillator, it looks a little hard to determine the next direction. But, looking at my astrological chart, it looks more favourable on the downside for next week. I will WAIT myself, and will get on a trade once the breakout happens.
I did post an idea two days ago for my outlook on bitcoin for the short term. And it seems that I was on point. Bitcoin is looking very weak on smaller timeframes, with the inability to create higher highs on the impulse uptrend that started two days ago. Bitcoin will mostly get back to the 25k levels soon, with a big probability of going lower to below 24k...
As you can see on the chart, Bitcoin has been finished the the mpulse waves since the beginning of this year, and started the ABC correction ones. I believe that the correction will remain up to the first week of october, with a little bit of relief around the last week of September. The waves are aligning perfectly on the fibonacci levels, which make them more...
As you can see on the chart, I believe we have finished the first impulse wave in this bull run, and we are at the moment in the first correction wave. We should start the third wave in few weeks (probably after the ETF gets approved), which can take Bitcoin closer to the previous ATH. The fifth wave will create another ATH, which I would expect this to happen...
Same as ETHUSD, bitcoin is forming a nice looking bullish crab. With all the negative fear showing, I would like to take your attention to this interestingly looking bullish harmonic pattern. In addition to this, I would like to mention that the astrological profile for today and this weekend is on the positive side for btc.
Harmoinc patterns can be a great way to fool a lot people. This one is a great example. This looks like a bullsih crab for ethusd, and if that’s the case then we will have a bullish first week of september.
Expect this little menace, the DXY, to take a little break over the next three weeks. Which will give stocks a a breeze. I am expecting this to also affect crypto market positively. You can see the bearish divergence forming up, showing the weakness of this uptrend.
As demonstrated in the analysis, the BTCUSD trend has been consistently adhering to the Elliott Wave pattern. Within each primary impulse wave, secondary Elliott wave formations can be observed, underscoring the predictive strength of the pattern. The current fifth wave, will be a little hectic, but it WILL break the last top, and it will mark the highest...
This is the nature of bitcoin, 5% down in one day, 5% more the next day. Fine! Nothing new. As you can see in the price action, the bears got EXHAUSTED! This as I believe is the start of the fifth wave for the bullish trend that started earlier this year. However, this wave will be a little crazy. There will be a lot of "uncertainty", and "contradictory" news....
As for any rally, there should be a correction with lots of bulls taking profit at the top, getting ready to re-enter the market again. This is always detected with a bearish divergence, which you can easily detect in this idea.
We are in elliot waves for bitcooin, the 5th wave was achieved and now it needs to correct. Very easy to understand
I mentioned before, that a break is coming for this regression channel, and the falling wedge. I would like YOU to tell me what do YOU think? Is this the breakout or it is a fakeout? *I will probably get back to you on the comments, If I feel I have to give my two cents.
Everybody now on youtube and social media is freaking out that BTC is crashing because of the sec and binance news. EVERYONE except for ME, Chemastro, the one who sees the future! I said buy before june 8th. And I know what I am talking about. Technically, it is a bullish flag on weekly with lots of bullish signs on oscillators. “Magically”, using my unique...
I have been posting recently, mostly NON-technical analysis for btcusd. But here is a very easy to spot BULLISH continuation flag. BTCUSD should expect either one of two scenarios (Technically speaking): 1- Continue through the channel by retracing back to around 25k. 2- Break anytime soon (Refer to my idea about timing : ), to reach 29k, then 33k. Since, I am...
As shown in the chart, next target is 29k. Read my other ideas to know what I am talking about. Follow me now. Thanks
I am using astrology to let you know that this is extremely serious. This video is NOT about technical analysis. This video is 100% about what is going on with the world news at the moment. The US default glooming news at the doors is real, and I am using astrology to prove it is indeed real and needs to be taken serious. You have to Buy bitcoin NOW, or at least...