We have an opportunity to take long position toward next long (green) cycle. Everything is on chart, ongoin bullish divergence like 2 times before during red cycle...Full moon with date on 29th of may. BTCUSD bottomed twice around full moon with very similar price movement in last 2 redcycles. Having that in mind we should see some upward pressure toward 15th of...
Bitcoin is heading toward very important area, looks like we have classic ABC corrective structure with B wave as running flat...that gives us an opportunity to take long position in 6800$ area. Confirmation of short term trend reversal would be breakout above red trendline. Otherwise, we may hit 5900$ area. Here is D1 chart with the price behaviour below very...
Possible long projection, with completed big corrective structure. Scenario 1: Buy consolidation after breakout Scenario 2: Buy 1270$ area Trade responsibly
Chart says everything. Trade responsibly.
ABC inside rising wedge? Sell the breakout. Maximum extension for this corrective structure may extend toward ~10000-10300$ TP1: ~7000$ TP2: ~6200$ TP3 (speculative): ~5300$ Trade responsibly.
Technically: - AB=CD - Bullish butterfly - 0.5 retr of whole upward swing Entry: ~0.711 TP1: ~0.727 TP2: ~0.731 Trade responsibly.
Entry: 1300-1303 Final target: 1348-1352$ area Trade responsibly.
Technically: - ABC corrective structure - Bullish Gartley Pattern - 3 drives pattern Entry: 0.761-0.7635 We will adjust targets as we will catch the entry. Trade responsibly.
Hello traders, we have potential reversal zone ~1.405 Technically: - 1.618 1st wave - Potential bearish Leonardo pattern - Strong SR zone Targets marked on chart. Trade responsibly.
We have possible short opportunity in marked area, technically: - Overbalance - broken important trendline - 0.5 retracement of recent swing Weekly overview: Trade responsibly.
Chart says everything, lower volume, ending diagonal. Just wait for 5th wave to blow off on big volume, then we sould see some strong reversal with first TP ~8k. Entry area marked on chart. Trade responsibly.
Technically: - AB=CD - Potential iH&S pattern (Daily chart) - Potential harmonic structure Entry area: 0.7275-0.7282 Trade responsibly.
ETHUSD is still developing corrective 2nd wave structure...We have 2 potential H&S and iH&S pattern formations. Bullish iH&S (red) with right shoulder around 750-700$ and bearish one (blue) with potential right shoulder ~880$. Maximum target profit for bearish H&S goes exactly to the recent low around 570$. In my opinion technically we should see at least retest...
Technically: - ABC correctin with maximum ext 1.618 ~151.60 - 0.618 of last big downward swing - Maximum extension for this corrective structure - bearish butterfly pattern Entry: 151.550-151.65 Trade reponsibly.
Long area: 80-90$ Technically: - End of impulse on 0.706 retracement (typical for 2nd wave) - ABC corrective structure - Potential all-time bullish gartley (measured from "0" to price extremum) - 1.414ext of wave 3 - 1.272ext of wave 5 - Possible extenstion measured on wave 3 length Resistance zone (place to short) ~175$ Trade responsibly.
Hello traders, What if I told you it was just 1st wave? I created this analysis to give you some insight into current BTCUSD -3.65% outlook. As we can see on the chart above BTCUSD -3.65% is developing currently corrective structure. Looks like it's clear ABC (5-3-5) corrective structure (chart below). I marked all waves since the BTC's beginning and in my...