Hello, Skyrexians! Now a lot of traders are waiting for the dump continuation, but according to Elliott waves price shall set up the new higher high. The previous high at FWB:49K is wave 3 according to Awesome Oscillator. Wave 4 in my opinion was ended at $38500. Expecting new push up to the $50k and then global reversal. Follow us and never miss update
Hello, Skyrexians! Recently I made couple of analysis on ATOM. I told you that correction is almost over. Now this asset is showing us annoying flat. Anyway I still believe that price will reach $18 at least. We can see the confirmed bullish reversal bar. Moreover Awesome Oscillator shows us increasing momentum even on local dump. Today price retraced exactly to...
Hello, Skyrexians! Today we have two news for Bitcoin bulls - bad and good. The bad one is that correction is incoming. On 1h time frame price formed the 5 Elliott wave impulse. We have the target approximately at $40500. The good news that bull market will likely to be continued because first impulse has 5 waves. It means that after correction it's gonna be...
Hello, Skyrexians! You know I have been waiting for altseason, but recently a lot of influencers talk about it and now I have some doubts that this altseason will be soon. Market have to make them disappointed before. Current TOTAL2 chart tells me that altcoins will pump in the upcoming month but not that much. True altseason in my opinion will be only after a...
Hello, Skyrexians! As was expected Bitcoin reversed from FWB:39K , it was almost obvious, but the main question is the size of this bounce. Of course we have probability that this bounce is over, but I bet on the further pump to $45k. The Fibonacci target has noot been reached yet and I chose to wait for it. Follow us and never miss update
Hello, Skyrexians! Today we have an analysis on very strong fundamental altcoin LINK which showed very small correction in comparisson with other crypto assets. Price has a clear Elliott waves structure. After impulsive wave price ended the correction ABC and now in my opinion is forming the new impulsive wave from 0.5 Fibonacci zone. Follow us and never miss update
Hello, Skyrexians! Bitcoin yestrday formed the bullish reversal bar inside the target area. At the same time altcoins including DOT did the same. 0.61 Fibonacci is super strong support area. Bullish reversal bar is the also the great sign of the potential reversal. We expect new highs for DOT in the next month. Follow us and never miss update
Hello, Skyrexians! Couple of days ago we told about last dump before the bounce. Now the picture on BTC is really good despite the global fear on the crypto market. Price collected liquidity of long traders, price completed the reactive wave and price formed the bullish reversal bar with the great angle with alligator. Moreover we have divergence with AO. What...
Hello, Skyrexians! Recently we made an analysis about ATOM. We thought that correction was over but looks like price is finishing wave C right now. Price still inside the 0.61 Fibonacci area. We are waiting for the bullish reversal bar below daily alligator. It is gonna be the sign of the correction finish. Follow us and never miss update
Hello, dear Skyrexians! While Bitcoin has been already reversed for the bear market continuation ATOM has the great change to show some inpulse to the upside. Why I so believe in this asset? The answer is quite simple - Elliott waves structure. We have already seen 5 EW impulse to the upside and current decrease looks like a correction. 0.61 Fibonacci level in...
Hello, dear Skyrexians! Bitcoin is crashing right now and traders have the question, when BTC will go up again or we are in the next bearish phase. In my opinion it's in bearish phase, but bounce is likely to be seen. After full 5 Elliott waves cycle Bitcoin is showing us the ABC correction. It has the strong target next to the wave 4 bottom of lower degree. We...
Hello, everyone! Ethereum is the greatest hint that all crypto market still has not finished it's bearish phase. While Bitcoin looks not so bearish ETH is showing weakness. After an impulsive wave A price is forming the wave B as a triangle correction. Maximum target for all this pump is $2900 at 0.5 Fibonacci retracement then I expect the wave C with the target...
Hello, dear friends! Let's try to predict what we can wait from the Bitcoin price action in the nearest future. I suppose that it's printing the reactive wave 4 after a strong impulse. The target for this dump is $38500. There we have the safe buy area. After that we will see the higher high in wave 5. If Awesome Oscillator will for bearish divergence there it's...
Hello, everyone! BINANCE:DOTUSDT demonstrated great pump yesterday. But this pump is not gonna be forever. We can see the early reversal sign right now. 5 Elliott waves structure has been completed and Awesome Oscillator has a bearish divergence. We have a clear correction target is 0.38 Fibonacci, equals $6.3. Follow us and never miss update!
Hello, everyone! It's time for BINANCE:BTCUSDT update. Yesterday we saw local dump. Some altcoins lost -20%, but now market is recovering. This move was to liquidate long trades. Looking at the Elliott waves cycle we can see that this uptrend is almost over. Wave 3 was finished and now we are in corrective wave 4. It has target approximately $38k. Then we...
Hello, everyone! BINANCE:ETHUSDT is going to follow Bitcoin price action. On 12h I demonstrated all impulses and corrections and it looks like last impulse is ahead. Correction has reached the 0.5 fibonacci retracement level. Now it's time for last impulse. Then I expect trend reversal (at least local). Follow us and never miss update!
Hello, my dear friends! Altseason is anticipated till the end of 2023. At this time Bitcoin is going to show the last bullish wave 5. Current pump is very annoying because BINANCE:BTCUSDT did not show any significant correction. Even wave 4 was in triangle correction shape. Now Bitcoin is going to reach FWB:46K and then large correction is anticipated. ...
Hello, everyone! Yesterday I told you that BINANCE:LDOUSDT is going to explode next. Today I decided to look in details accourding to Elliott waves, as you like! Let's consider that wave 1 has been started from it's bottom. In my opinion wave 3 has been ended and now wave 4 retraced inside the Fibonacci 0.61. If on 1D time frame we will see bullish reversal...