


Delzeyne
PremiumBitcoin facing the bullrun support/resistance flip while dollar is gearing up for a double bottom For both pairs there were similar pattern in the past what you can see below If dollar completes the target of the potential double bottom then you can probably see bitcoin making a move back to support for a potential double bottom aswell
Not much time left for this range to finally breakout Because of the declining volume an volatility this range points out to be reaccumulation We already had an spring an test of support on the 200 sma of the 12h chart, this has proven big bounce levels for bitcoin in the past We want to see an jump across the creek with volume to see bitcoin going back up to...
Bitcoin currently retesting the neckline of the triple bottom Adam - Eve - Adam and also finding support on the 4h 200 sma Targetting at least 29k in coming days
Bitcoin targetting the 49k area, 25k wos the sign of the start of the bullrun, it's so bullish we can't even touch 25k
Fantom 4th corrective wave could be over in an ABC correction, if it is a triangle, it could still make an D en E wave or it could be the beginning of the 5t wave in 1-2 wave inside the triangle There is a clear invalidation around 26 cents and target for a 5th wave is around previous support , now resistance around 1 dollar
Last fishpattern was posted now about an year ago, are we taking a dive again?
For ADA we have an simillar count as for bitcoin, below you can see a link to BTC idea Both waves 2 ended on the 0.618 Fibonacci inside a rising wedge At the beginnning of an uptrend, bearish patterns has a higher chance to break to the upside 2 great targets are: - the 1.618 fib extension/previous support and the 0.786 fib of the downtrend around 80 cents -...
This theory suggests that elliot wave cycles are lengthening, this can co-exsist with the 4 year cycle of the bitcoin halving. The key difference is that we should get an extension in the 5th wave(blow-off top) this 4 year cycle. Looking at past cycles, the 5th wave was also the strongest move so yes we could have an greater rally than in 2020/2021. If we get an...
Ethereum needs to close an monthly candle above the monthly resistance to confirm an uptrend If it fails were going down back to the low of last summer Then we can see if it can make a triple bottom or not
Like in 2019 we were a long period under a monthly resistance level Now we have an simillar setup where you could buy the bullish retest of previous resistance after the breakout already occured
This scenario would only play out if stockmarkets is in a bubble and takes bitcoin down with it We had an impulsive 5 wave correction down with potential ABC correction with an impulse in A en C To complete a large scale ABC correction we could pottentially go to 7k with the 1 tot 1 ratio for A en C wave 12k with the 0.618 fib ratio for A en C wave
Last month we had multiple rejections of the yearly close. It looks like we could make another bulltrap en push prices lower Yearly and monthly closes will act as support on the way down most likely
Weekly Death cross will likely happen in next few weeks, wat will it do? If it does play out bearish like it mostly does on the daily chart, i would not be surprised tot test the 230B mark. Mirroring previous uptrend tot this downtrend would also be beautiful to see, isn't it?
Analysis of 2 previous cycles to project the next cycle This is the result of making an average of previous durations and some pricepoints Bearmarket durations: A/ Days under ATH 2014 = 1134 d / 2018 = 1085d ==> 2022 = (1134d + 1085d) / 2 = 1110 days B/ Days under 0.618 Fibonacci 2014 = 1120 d / 2018 = 1043 d ==> 2022 = (1120d + 1043d) / 2 = 1082...
Target = 8,65 (2.0 Fib Extension) Resistance = 6,95 (Fib 1.0) / 7,80 (Fib 1.5 Extension) / 8,00 (Fib 1.68 Extension) / 8,65 (Fib 2.0 Extension)
Breakout of 6,60 USDT, retest happening now Target = 8,28 Flagpole or 2.0 Fib Extension Resistance = 6,75 / 7,50 (Fib 1.5 Extension) / 7,68 (Fib 1.68 Extension) / 8,28 (Fib 2.0 Extension)
Are you getting excited guys? You sure gotta be Since the mania-fase top in april 2021 we are now already waiting 17 months to give bitcoin a sign its not following the downside parabola Well the waiting is over! Time to accumulate, not to start selling Sure price could down one another leg, but that is just THE signal to let that cash go get to work. Happy...
Bitcoin having some downsloping resistance aka parabola. To negate the idea it should break above the parabola. If not, Targets to 42k or even 38k are realistic.