Hello everyone, In this post, we’ll be looking at the ‘Parallel channel.’ Before we dive in, I recommend checking out my previous analyses to build confidence in the points I’m about to make. Previous Insights (On Target): 1. Bitcoin - Analyzing the 3 Market Phases 2. All About the Flag Pattern (Beginner-Friendly) Main Point: Right now, we are in a...
Currently, there is a "Disjointed Channel" in Bitcoin. The upper and lower bounds of this channel align perfectly, which is quite rare. I believe this makes the structure highly reliable. Please keep in mind that if Bitcoin rises and touches the upper boundary of this "Disjointed Channel", resistance may form. This is not a buy or sell recommendation. It...
Hello everyone! Bitcoin is currently displaying the '3 Market Phases,' and we’re transitioning from Contraction into Expansion. As long as the price holds above the lower boundary of the horizontal channel, I believe there’s a strong likelihood of continued upward momentum. Key points: Break below the channel: A breakdown could signal the beginning of...
Hello, everyone. Today, I’m excited to share the second part of my educational series on chart patterns. In this post, we’ll be focusing on the 'Head and Shoulders' and 'Inverse Head and Shoulders' patterns. For those who missed the first part, you can catch up here: ↓↓↓ As always, I’ve kept the explanations simple and beginner-friendly. I hope this guide...
Hello everyone, Today, I’ve prepared an educational guide on chart patterns, specifically focusing on the Flag Pattern. This content is designed to be easy for beginners to follow, so I hope you find it engaging and informative. :) Below is the outline I’ll be using for this post: ———— ✔️ Outline 1. What is a Flag Pattern? Definition Key Components ...
Hello everyone, Here’s a quick and simple breakdown of the key support and resistance zones. Below are the reasons why these zones have been selected: ✔️ Support Zone 1. ($53,329.5 ~ $52,372.5) Descending channel Fibonacci 0.786 retracement Significant low (S/R Flip) ✔️ Resistance Zone 1. ($55,969.0 ~ $55,499.6) Fibonacci 0.236 retracement ...
Hello everyone,😉 I’ve put a scenario for the stock 'NVDA' together, which is currently drawing attention. This scenario is based on not only the "Elliott Wave Theory" but also various analytical tools, so please take it into high consideration. ✔️ Wave from $140.76 downward: "Extended Flat" This is an 'Extended Flat' composed of a 3-3-5 structure. The...
Greetings, everyone.😉 I would like to present a scenario for your consideration, grounded in "Elliott Wave Theory" . ✔️ Wave initiated from the 15K level: Classified as a "Double Zigzag" ✔️ Current wave in development: Y-c-3 ✔️ Projected upward range: 93K ~ 101K The rationale behind this analysis is as follows: Zigzag patterns typically move within a...
Hello, Guys😉 Without further ado, let’s dive right into the main content. - In short, I believe Bitcoin is positioned for a price increase. I’ll explain this outlook through three key arguments, starting with the first one. - ✅ Reason 1. I’ve applied the Bollinger Bands to Bitcoin’s daily chart. Currently, the price is rebounding after touching the...
Greetings, Traders, 😉 In this post, I’d like to share my analysis and outlook on Bitcoin's potential price movement. Currently, my outlook leans towards an upward trend. Before diving into the details, I recommend reviewing my previous post that covers Bitcoin’s long-term trajectory to provide better context for the following analysis: ⬇️ Previous...
Dear Colleagues and Traders. 😉 In this post, I intend to share my analysis of the anticipated trajectory of Bitcoin, supported by both technical indicators and historical patterns. To begin, I anticipate that Bitcoin may experience a near-term rebound, which could be followed by a subsequent decline. Before we delve into the specific details of this analysis,...
Greetings, fellow traders, In this post, I employ "Elliott Wave Theory" to analyze and predict Bitcoin's price movements. The decision to utilize this theory stems from its robust framework for interpreting market cycles, which is essential for precise forecasting in the volatile cryptocurrency market. 1️⃣ The value of an asset directly reflects the...
Hello, I've written this post to share my perspective on Bitcoin.😊 My analytical tool is the "Elliott Wave" Using the trading view, I will analyze Bitcoin Chart. ———————————— ▼ BTCUSDT.P | 1D | Logarthmic The chart above represents the direction I consider for Bitcoin. The chart shows the start of the second zigzag after the first zigzag has...