Further to my weekly BTC analysis, ( A )wave finished as I mentioned in previous messages, with 35 k and we go for (B )wave. I think this wave able to touch 50k. Have supper trading friends.
Waiting to break down trend line. If price break down trend, next target will be $1951 These days demand is increasing day by day for Gold and rival market (crypto currency’s) not good .
As I wrote before. BTC weekly chart had Elliot wave very well and classic. Now chart goes to correction phase with ABC. Strong supports: First: 40k Second: 37k
As you see in daily dash chart. We had Elliot wave very clearly with negative divergent in MACD oscillator. After Elliot wave , chart goes to correction phase with ABC that I think it could be zigzag. Save your profit and wait to finish correction phase. Good luck with your trade.
As I told in my previous analysis about BTC chart. We had Elliot wave in weekly chart very clearly and perfect with positive divergence in MACD oscillator. Now we go straight into correction wave which is ABC. I think zigzag pattern could be formed in BTC chart. Because bullish trend was sharp and bearish trend behave same as bullish trend. Strong support: 30k up...
As I mentioned before, Xauusd cleared important resistance in $1800, today!! Demand is increased for gold in India , China! So , I think price goes to next level which is $1850 .
As I mentioned before, in weekly chart, we are right place for sales position. Remember in Elliot wave (5) anybody talking about this market. Like my grandmother, she is 90, pushing to buy BTC for her. Plz don’t laugh 😏 this is Elliot wave (5) characterised.
Bull markets are born on pessimism, grown on skepticism, mature on optimism and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” Sir John Templeton
Important support is komo cloud. If today goes out, BTC will go to 30K up to 35k.
Getting closer to important target $1800. Demands already increased. Specially in India .
As I mentioned before, we saw double bottom pattern in Xauusd chart . After that we touched all internal fibo target. Now we are getting ready for first external fibo which is $1800. May it takes , may we reach sharp. It depends to news. Specially Bitcoin situation.
Ethereum chart is located in bullish channel for long time. If you have this , holding is best scenario and if you like to buy. Please wait to break resistance line (break channel) Wishing prosperous trade in coming months.
As I mentioned yesterday , we have double bottom pattern in Xauusd chart. We expected to back and now it happened. So from this point , we expect , price goes to $1720 and $1760 for short time period. Wishing prosperous trade in coming months.
BTC located in bullish channel. Strong support with more than 4 times touched on. Best scenario is holding if you have. If you want to buy, wait to break resistance line. (Break channel)