in US 100 we are able to see a M shape pattern forming in weekly chart and also the wave structure also points towards the same
currently DXY is on the trend is very strong with sign of strength in it
it seems that we might top up soon in the nifty 50 chart. I have drawn support line in the chart and according to same we can see the wave forming. Their is divergences also forming in weekly chart
According to Elliot waves and past year movements i believe the pattern i have drawn could be the realistic path of bitcoin movement in future rest it could change also and i may be wrong but this analysis is based on technical bases post your comments what you feel this analysis is based on Elliot waves theory, moving averages and past fractal patterns and...
we will witness this setup dont fall prey to non ethicl analysis
43000$ price incoming, btc has formed a beautiful inverse head and shoulder and broken that too also the falling channel formed from 69 k has been broken and tested back in weekly tf
HI all this I am posting my idea on next btc bottom and coming bull run according to halving and different strategies i have been very much accurate on predicting the bull top of 2021 and this is my analysis for next top which will be around 125000$ in 2026 with complete analysis for btc bottom around 7500$ in next year this analysis is based on ewt cross overs...
The analysis is inn continuity to my previous analysis done on btc price activity, this is calculated on the bases of 50/200 MA fib retracement and Elliot waves theory my price targets are 11200 $ for first base touch in jan 2023 then a retracement to flush out weak hands and then final drop to 8860 target for completion bear market in 2024 if your like my...
The analysis is based on Elliot waves support and resistance. With current ongoing technical senerio I can very clearly see that the bear market is about to reach its mid way with 10500 marking the bottom for wave A after which we can problem see a bounce till .618 level marking wave B and then final drop
Hi all i have presented my ideas earlier also that how we are in a deca cycle and in the last phase of that now with the traded price, this is an update on what alterations i believe are happening in the market and how price could react in future. i believe according to elliot waves theory we have completed 12345 wave and are now in ABC corrective wave in which...
Sticking to my earlier analysis this is what I am able to see for bitcoin Analysis is based on 50/200 MA in 1 day 3 day weekly and monthly chart, support and resistance Elliot waves theory. I have been bearish on bitcoin since the 3 month close when it formed a inverted hammer candle which was the also a confirmation for reversal and then rejection from 50 ma in...
This analysis is based on elliot waves, chart pattern and moving averages. We can clearly see bitcoin forming a rising wedge and a head and shoulder pattern on 1 d chart of bitcoin. The targets for same are head and shoulder - 9970 and rising wedge - 7710. The Moving averages in daily TF and weekly TF points in bearish trend also with test of support and...
This is my analysis regarding bitcoin bear market with the use of chart patterns moving averages divergences & Elliot waves I can clearly see 2 major chart patterns formed and broken Rising wedge and head and shoulder Their is bearish divergence in weekly and monthly chart Wave count is also as per fib levels This is correction will also be in align with sub...
Hi I would like to start my analysis with a statement " A tiger always takes steps back before the attack" and that is what is the need of hour. Bitcoin is the future for next 10 to 15 years with the growth of web 3.0 and defi space we need a large adoption which is only possible if the asset is available to maximum at correct price with flush out of weak hands...
A slight correction on nifty for wave 4 As per the analysis the wave 4 needs to correct till 38.6 level which has been started now and I expect a bear market till 2024 June
In smaller tf this is what is playing out right now
This is an update on BTC bear correction As updated in earlier we have started our 4 th wave in btc long term sub millanium cycle in which first wave is almost corrected or will be corrected at 39500 after rejection from lower line of wedge in linear chart from where we can see a bounce or we can bounce from here also and test 58k level as per log chart that is...
this analysis is based on chart pattern we have broken out of falling wedge and tested is back also so i am bullish on dollars