JOE007_Bitfinex

JOE007_Bitfinex

For now, we are starting from the idea that wave B is finished and a fall is developing along wave C in zigzag ABC. The first level of the fall is 65222.

JOE007_Bitfinex

I would recommend to open long on retest in 0.99 - 1.05 area. If we stay above 0.98 we have all chances to go higher. SL: 0.97

JOE007_Bitfinex

If we break the resistance at 1.07 and stay above for several hours we may consider long with 1.5 target.

JOE007_Bitfinex

If this growth turns into the 5th wave, then the short sellers of Bitcoin may be in trouble!

JOE007_Bitfinex

According to Elliott wave theory, this can be considered an impulse and the presence of divergence is a sign of wave 5. Without Bitcoin, no alts will fly strongly. Therefore, my analysis is based on the main coin in crypto. However, there is a possibility that the divergence is only in wave 3, and the entire impulse is not complete and the growth will...

JOE007_Bitfinex

SUPER. A great candidate for a long. If we break the level 1.1428 again.

JOE007_Bitfinex

SPX indicators and traditional correlations showing correction but price being stubborn to go down. The previous RSI pattern of higher lows was bullish (inverse) divergent to price action, while the current set of RSI higher lows is not divergent. I think the next target is 6000 and higher.

JOE007_Bitfinex

I recommend considering longs only if we break through the MA200 on the daily chart. Until then, it is too early to consider longs.

JOE007_Bitfinex

Hamster Kombat #HMSTR is expecting a complete trash and fall after breaking through the 0.0044 level. Only shorts can be considered.

JOE007_Bitfinex

I'd open short with SL at 2.17 In the long term this coin may grow, but for now I'm waiting for a correction to 1.6

JOE007_Bitfinex

So, globally, on the daily chart, I will wait for the breakout of the resistance or support level (see the chart). Then I will wait for a retest and if BTC confirms the breakout and goes higher to 72000 after the retest, I will open long. If it breaks through the support of 52800 and goes lower after the retest, I will open short. But under a certain condition. I...