Rharvudh

Rharvudh

After the scenario in my last posted idea was invalidated, there are only three scenarios left in my book. 1.The bottom is in, we're now in wave 1 of big wave 5. This one is the least possible case IMO. 2.The big wave 4 is not finished yet, we're now just finished sub-wave 2 of wave 5 of C. This one looks weird to me, but I'll try to recount it again. 3.(The...

Rharvudh

There's plenty of scenarios that Bitcoin could play out. However, after gathering many ideas and doing many counts, I'm convinced that this scenario might be the most possible case, at least, from my point of view. This one called 'WXY Double-Zigzag' By this scenario, we will have a fake double bottom as the bull's last hope, and when it breaks many people will...

Rharvudh Updated 

It seems like we're not done with this ABC Flat correction yet. If my Elliott wave count is correct. We should see the bottom of this correction around 46,325 Please note that the price cannot go further below 46,220 since the wave 3 cannot be the shortest one. And wave 1 is already extended. This idea is not financial advice. Always do your own research.

Rharvudh

In the big picture, the price structure suggests that we might currently in the A-B-C running flat pattern (A in July and B in November) By using that theory and Fibonacci, we might see the price finish this large A-B-C correction at 0.786 fib level (Around 37,800) If we count the Elliott wave in the smaller time frame, we could still see the price is heading...

Rharvudh

The crash at 7 Sep has just confirmed that we are in the big sideway channel. We should see the dip around 17 Oct if the price is heading down with the same scale as the first wave. According to the on-chain data on Glassnode, 'The Whales' wallets' is continuing growth, and therefore the price will go up at the end of the channel. However, it is possible that...

Rharvudh

In my last post, I've predicted ADA will go to $2.8 by mid-late May. The collapse of the BTC bubble on 18 Apr might affect this target to delay a little bit. But, more delay, means ADA is stronger and has a wider channel, too. I will not look down at any short-term scenarios. Just keep in mind that the money will usually flow from BTC to Large ALTS and then...

Rharvudh

The timing of both ADA/BTC and ADA/USDT are placed perfectly well. There is a plenty of room for both of them to going up. This is not a financial advised.