After the breakout from the descending trendline , has completed the reverse head and shoulders pattern...
By maintaining the green ascending trendline , Bitcoin 0.81% can rise upto 8200 and by reaching this target we can confirm the overall uptrend.
By continuing the uptrend, the Elliot mentioned scenario can happen.
Red pattern = Decrease triangle
I hope
Green line = Good resistance
- The bounce here at $ 7,050 is a sign of power
- Many people have changed from what I see from climb to much less than two weeks, but Btc is bouncing.
This can be interpreted as a shopping opportunity.
I love you
Move
Blue
And
Rise
No
Move
Red pattern
Hello everyone
Although I've said before In terms of Elliot Waves , the structure is complex
But nevertheless
It seems to be completing the final microwave of correction
in other way
Indicators are also in a state of saturation and positive divergence
Selling at current prices is not logical
my suggestion is to the buy
We can see that #BTC is about to complete the wave “a or 5” of the triangle in 4H Time-Frame.
We had a #Triple_Three_Combination in wave “E” and it was hard to foresee the market movements but the overall scenario is still valid.
After #BTC completes the pattern in wave “E” at the support region; I expect it to bounce and start a strong rally to the top.
We...
mentioned charts are our analysis for #BTC in higher time-frames which show the overall Bitcoin 0.75% movements.
Bitcoin 0.75% moved from 6500 upto 10K namely wave “D” and entered wave “E” correction wave which was the ending for the triangle...
Last wave of the triangle may complete at 50% and 61% Fibonacci levels and start with an uptrend.
In the next...
Correction 9000 and 8200
Start the uptrend
most probably
And
Maybe fall
Getting ready to get worse
Condition
Market
Goals in the analysis before
See also
Get ready for two modes:
1) rise up
p:10430
tp1:15434
tp2:24165
sl:9355
2) Falling
p:5000vs4000
Everything depends on the fork
I see a 70% increase
Of course this is my idea
May
Do you like this or not?
Strong resistance
Fork
broken
Pink part
We have a correction
And the same pink
Strong support
For the process
Ascending
