SherpaBTC

SherpaBTC

fib channel respected all the way up to down . P,s nott a financial advice

SherpaBTC

long term htf levellllll of bitcoin. we look at high time frame levels, fib channel and you know all them thangs. P>S - not financial advice yessir

SherpaBTC

BTC finna drop to 29k where we have confluence of .618 fib retracement and .786 fib fan from 3K bottom to 69k ATH. High Volume Nodes from Volume profile from the range formed from 2021 is also in the 29-32k level. However if we are not to see signs of strength and reversal from there, shieeet we might go all the way down to 21k. YOu know how it iz with Bitcoin....

06:52

SherpaBTC

Listen if we dont bounce from here wngmi. if we bounce wagmi. P.s - Not a financial advice.

04:16

SherpaBTC

WE are at a crucial stage right now for Bitcoin. Lets see what do happen next up! P.S - Not a finanicial advise. DYOR. La Hasta

04:03

SherpaBTC

Bitcoin elliot wave 4 incoming. Lets see what happens .

SherpaBTC

ETH will etiher go to 8k or 21k for this market cycle. P.S - Not financial advice . Do your own research.

SherpaBTC

Bitcoin has folowed all text book rules of elliot wave till now . So what will happen next?

SherpaBTC

Looking at the Pi top of 2013 bull run cycle and correlating that with the current cycle we get the bull run cycle top at the end of December this year.

SherpaBTC

ADA Elliot Wave 5 Target to $7. Taking Wave 2 extension of Wave 1 as a target for this cycle's bull run. You can see that ADA's target for this cycle is $7.

SherpaBTC

Bitcoin Demand Zone is in 43-44k If we cant push through the CC resistance

SherpaBTC

Bearish Gartley pattern is forming which could lead BTC price drop to 33k which is the 161.8% extension of the AD move . This target is also in confluence with the POC which is taken from fixed range volume profile from the high of 64k.

SherpaBTC

This is a potential trade to look out for if we are not able to break above 48k level and see a drop below 40k level. Potential target could be 23,503. P.s- NOt financial advice and DYOR. La Hasta

SherpaBTC

Right now we are against a daily level and .66 fib ratio which has staked its claim as a strong resistance. Now if we are reclaim this daily level then we could see a rise upto level of 50K (which also acts as a strong psychological level). However, if we are to fall below POC of 47,130 then we could see BTC price fall to a huge demand zone of around 42k-43k...

SherpaBTC

Harmonic patterns are one of the most reliable patterns in technical analysis and as much as I love Gartley patterns, a potential Bearish Gartley pattern is forming which if this Gartley pattern that I am seeing is forming, then the potential target from this Bearish Gartley would be $12k Bitcoin. P.S- Not a financial advice . La hasta! P.S.S - Really hope this...

SherpaBTC

XRP is currently in a symmetrical triangle on the 4Hr Chart and if it were to break out of the triangle with volume confluence, we can see XRP breakout to $1.60 target which is also the monthly level. P.S - Not Financial advice. La Hasta

SherpaBTC

According to my Elliot Wave Count, I do believe our local top will be around 48K which is in confluence with .618 fibonacci ratio as well as trend based fib extension ratio of 2.236 level. Therefore, if a WXY wave is forming then I expect us to have strong resistance at 48k level and from there go onto form a three wave of ending wave Z. The end of this XYZ wave...

SherpaBTC

We can see that ADA is in an impulsive (12345) wave in this cycle and currently ADA is in wave 4 retracement from wave 3. The wave 3 exactly hit the 1.618 fibonacci extension target drawn from Trend Based Fibonacci extension from wave 1 and wave 2 at the high of $2.48. Now we are seeing the retracement of wave 4 and using fibonacci extension it seems like it will...