We all know the rebound was coming, now it's time to reassess and move on. Still bullish on the Daily chart. I'm going to do some analysis on the 4hr and smaller to find myself another rebuy position. Ichimoku Kinko Hyo Kihon Suchi Study possibility 1 & 2 Price closes no lower than the bottom edge of the box which is even with Kijun Sen Potential ranging within...
Look, the line held. Everyone is freaking out, just take a breath and have some faith in your own analysis. Unless you are trading on margin, a sharp move like that won't make a difference. Do your analysis, check fundamentals, you'll be fine with good solid analysis, stop loss, take profit, and a PLAN. This information is not trading advice, only my personal...
Price in-between the Chiko span and Kumo, lots of room to move. N calculation from Feb 4th shows projected highs upwards of $38. Looks like we aren't following Kihon Suchi, but maybe a Taito Suchi pattern (12/24 pattern). 4 and 5 on the Elliot Wave are speculative, but would follow the pattern. It looks like there is a lot of room to move on this one! As Always,...
I added in the math used to calculate the potential target prices chosen for this analysis based on the Ichimoku Kinko Hyo Price Observation theory (courtesy of Kei). This information is not trading advice, only my personal opinion on potential market movements, and is for educational purposes only.
Anyone else hoping it plays out this way? We've closed out above the psych level of 50k, can we make it to 70k soon? Thoughts, comments, and ideas are always appreciated! This is not financial advice. These are simply my thoughts on potential moves.
What are your thoughts? Are we seeing the closing in on a bearish pennant and an Elliot wave correction? Will we be looking to go short later this week or next week?
Is this blow to the $470 support a trend or is it a low volume push down on a Sunday?! What are your thoughts?
What are your thoughts on whether or not the Daily chart support level around $470 will hold?
Potential pull back based on Elliot Wave , Stochastics, and Fib retracement on the daily chart for mid-late Feb into March with BTC cruising back up into wave 5 pushing past the top of the Fib retracement. Thoughts?