WavePrinciple-Net

WavePrinciple-Net

Apart from MACD, RSI not showing any divergence... this formation looks like a Cup and Handle And according to Investopedia, it does exists (no idea about the handle, but it still looks like a correction been done in the mid-lever of the cup Never seen this pattern before, so let's see if it succeeds.

WavePrinciple-Net

I've been following BTC, as you may already seen in my ideas. This was expected long ago, there was divergence and other indicators BTC was soon to go up. Hopefully you get in time for the rally. Right now it's correcting right after the downtrend line, which is an indicator of still going up. MACD and RSI looking good for continuation anytime soon. MA 200 is...

WavePrinciple-Net

Ok I've been following this structure for days, and i think it's finally come to the end of the correction. After a big boost from 5.5k to 20k, it has come down to 0.618, touching 6K and then 6.5K... Higher Lows. MACD is in divergence, it's going the other way soon, not enough sellers anymore. and RSI is touching the 30 level already. Check the levels, the...

WavePrinciple-Net

I won't describe what's being done here, Just check for patterns and see it for yourself. Stare at the graph, and ask yourself.. what keeps repeating itself? Patterns. Anyways, BTC is soon going to act. Keep an eye on it.

WavePrinciple-Net

Fibonacci is like watching mysterious movies. Not entirely random but definitely incredible. If you trace it like this, we just touched the 0.618 deep recovery range and bounced up. MACD is no longer indicating it's going down. And it's coming to the end of this big triangle. Is Ellito is right, ABC huge correction is completed and soon another rally will...

WavePrinciple-Net

At 4H you can see no divergence, it will fall once again and probably longer since wave 1 and 3 looks about the same distance. If this is true, it could go near 5000. Which is insane for anyone who wants to invest this could be it. The next purchase spot. Be alert it could just bounce in the big downtrend line and go up once again. But right now.. it's...

WavePrinciple-Net

This is what i see. Let's check how it goes, because it's what has been taught to me. I must deposit trust in education and so far it's been a wild ride. It's precise, the wave analysis even if BTC is a crazy bull. We will check on this later.

WavePrinciple-Net

This is crazy about the fibonacci stuff, but it works.. almost as magic. Look how it magically touched that 0.886! The golden ratio is something we must respect and value everywhere in our nature..... including in markets! So what do i expect from now? anytime soon, MACD divergence agrees, it will start to go up. It's forming a bull flag in micro zoom. It may...

WavePrinciple-Net

Is this happening? So far, I've been following non-stop BTC movement and it obeys this education I've been having. It's almost as magic, but it works! Whatever it is, I'ts amazing. I can see an Ending Channel here, slow and steady in short images. This means it's going to reverse anytime soon !!

WavePrinciple-Net

it's finally trying to go down, let's see if he gets to go through it !

WavePrinciple-Net

Maybe this is what's going to happen, no one really knows. I'll just leave this here for anyone to see..

WavePrinciple-Net

Soon, BTC will touch the longest downtrend line. What will happen then? I expect a lot of people knowing and waiting for this... so i can see a mega purchase down there, once again (just as it did when it touched 6k) be alert!

WavePrinciple-Net

Bollingers touch, Volume is not in divergence, Breakout respected the trendline. And there's a another wave 5 of Elliot coming. A lot of wicks. This is what I see, what do you see?

WavePrinciple-Net

I came home and saw this big candle... am i worried? I think not, there's one wave left, and this just looks like a deep correction from a deep drop. According to my studies, my academy, and experience shared from other professionals.. The 3rd wave is the longest, and it's normal to expect a bigger correction. See the sub-trend line? It's still inside....

WavePrinciple-Net

As i mentioned this before, my analysis is getting pretty good. These mathematics are godly, so please learn how to use them (specially the Fibonacci and this genius Elliot) Look how it matches. So I'm just sharing my speculation, my perception. If you see the same, you may want to take action based on that. This is not a financial advice, make your own...

WavePrinciple-Net

After looking at this chart, i saw this. Who else is looking at this? It's my perception and i may be wrong... but it touched a trendline and stopped. 9000 resistance is again back. It may break or follow the line. Be alert of this in the upcoming hours. Salut!

WavePrinciple-Net

It looks like a bear flag, what do you think? It's at 30 min, it may bounce up But it already came from a little drop. What could be next?

WavePrinciple-Net

ABC correction for Wave 4 ending process. It appears it has one more impulse to go, watch for the big Red trendline. ------------------------------------------------------------------------------------------- #################### @Simon111 says: Because it just follows the ideas of people, which come from TA from the charts, whatever the pattern the most...