Kyrean

Kyrean

Hello everyone, the market was very challenging within the last weeks, because there had been many ways to count, which is the most difficult part of elliot wave analysis. The reason was, that the price was in a correction/ consolidation, which I assume has now finally ended. Trump accounced that they picket 5 coins for the strategic reserve: BTC ETH XRP SOL ADA...

Kyrean Updated 

Hello everyone, I detected some interesting patterns in the current Bitcoin daily chart. The first range boundary was set mid of November 24, the upper range boundary on Dezember 17. The retest of the lower boundary was at January 13. Maybe you realise the time between the price events is very similiar, so I would expect to see a breakout to happen around the...

Kyrean Updated 

Hello everyone, it seems like XRP is currently stronger than any other cryptocurrency including BTC. Meanwhile the whole sector corrected today and seems to bottom out now, XRP broke out of the bull flag and now retested it. It is a good spot to enter a trade here, some traders might wait for a close above the retest candle. Anyways the price should reach at least...

Kyrean Updated 

Hello everyone, if you haven't already on chart, load this fantastic indicator from Alien_Algorithmus. It shows you the liquidation levels of big positions in crypto assets, which is helpful to forecast the trend. Actually we have still some liquidity below left, but on the other hand, above is way more. Whenever you see that some many "clouds" are building in a...

Kyrean Updated 

Hello everyone, today I want to talk about Elliot Wave Theory. The big problem is, that waves can be interpreted in different ways and invalidation levels are often far away from trade setups. Therefore it's necessery to follow the wave count on different levels because usually the wave itself is made my a five wave move in the trend direction or a three wave move...

Kyrean Updated 

Hallo everyone, in the last weeks Ethereum was underperforming Bitcoin, but actually the chart looks quiet interesting again. The price broke out of a huge bull flag, but with the large correction in Bitcoin it fell under the breakout level again. Now it's approaching the breakout for the second attempt. The most important levels to watch is the 2021 yearly close...

Kyrean

Hello everyone, ever wondered how to use the crypto fear and greed index properly? It’s calculated using factors like volatility, volume, social media sentiment, and surveys, producing a score from 0 (Extreme Fear) to 100 (Extreme Greed). Today the index showing 43 points, which is close to the fear zone again. Do you think it's time to buy now?

Kyrean Updated 

Hello everyone, based on the major wave 3, we can make a projection to imagine where the global markets could form a major top. In my view we are entering the last stages of the bull run, with a potential of 20% gains to come. After reaching the top, a major bear market could start, but I don't expect the top to be in before at least Q1 of 2025. What I also want...

Kyrean Updated 

Hello everyone, considering the recent strong movement in ETH, I expect the bullish trend to continue towards 4000 within the next weeks. The green area (0,5 - 0,681 fib) should provide good support for new long positions. Only a break below approx. 2800 would indicate a more bearish sight of the market.

Kyrean Updated 

Hello everyone, following the liquidity that is still forming like clouds above all new ATH bitcoin made we are close to a decision point for Bitcoin. The moves are getting more and more choppy and considering the strong rally I guess a correction is outstanding. But first we should see another move higher completing a five wave cycle of a third wave.

Kyrean

Hello everyone, today I like to share how I use elliot waves combined with fibonacci to analyze the market. The standard rules are: - Wave 2 can now be lower then the start of wave 1 - Wave 3 should be the longest - Wave 4 should not breach the high of wave 1 But to have a more objective view there are also price targets to be reached within the different waves....

Kyrean

Hello everyone, after the election in the US Gold started a sharp pullback and lost 9% within 2 weeks. Now the price reached very strong support zones, built from former consolidations. These zones also match with order blocs on the weekly, 4H and 1H time frame (not shown on the chart). The RSI is highly oversold and the drop was the biggest one this year. All...

Kyrean Updated 

As promised here is my interpretation of the Bitcoin chart using Elliot wave analysis. The flag breakout is very close to the final confirmation with a break above 69400. We completed a first 1 - 2 setup at the 6th of September. The most likely case is, that we are in the third wave now, leading towards 80k, with a final target for this cycle around 88k. If BTC...

Kyrean Updated 

Hello everyone, today I want to talk about the obvious fact, that BTC is in a big bull flag, since it formed the 74k high. But the way how it moved out of the lowest point of that flag isn't impulsive at all unfortunately. There is only a three wave move, followed by some more choppy price action, so to trade it safe, we need more confirmation. I added some...

Kyrean Updated 

Please check the previous idea to get the bigger picture - You find it in my profile Hello everyone, Bitcoin reached the top line of the flag pattern, that was built from the 74k top. We got a strong move up, but the breakout didn't even reached 70k. Bearish Case Currently we are in a correction of about 3000 Dollar and the correction could expand, if the...

Kyrean Updated 

Looking at US30 we have a high probability of turning into bullish again. RSI long signal Strong daily support Bullish Engulfing candle Possible wave 4 low I expect new ATH to be build soon

Kyrean Updated 

Hello everyone, I would like to share my long term view on the NASDAQ with you. Feel free to tell me your opinion in the comments.

Kyrean

Hello everyone, I like to provide you a detailed elliot wave analysis on silver. In my opinion we are in the middle of a higher degree fifth wave. The elliot wave rules I use: Standard: - Wave 3 has to be the longest - Wave 4 can not overlap with wave 1 Advanced: - Target levels are 1,5 to 1,618 (wave 3) and 2.272 to 2.618 (wave 5) - Wave 3 needs to show a...