corvology

corvology

If Bitcoin does not exceed the 8500 and stop here it will possibly dip to 3k again. The reason is that Bitcoin can shape an x-wave for dipping below 3k.

corvology

9600-9800 seems to be bitcoin's last target. A Running flat maybe is the last move for bitcoin.

corvology

1620-1640 seems to be an endpoint for Gold. possibly gold is done and bearish movement will start soon.

corvology

Bitcoin is still bearish. there is one more down leg for bitcoin to touch the main trend. this touch can be a bounce to 9-10k area.

corvology

Gold probably will fail to break up and the first bearish target is 880.

corvology Updated 

Bitcoin is inside a bearish triangle and if it retests 9k channel again, it won't hold and will dump to 8k area.

corvology

Link possibly started downtrend and 1$ will be the first stop.

corvology

The cryptocurrency market is in a bear market. Possible support for CIX100 index is around 0.500.

corvology

Xrp will test 10 cents as major support. in the worst case, it can dip to 0.05 cents.

corvology

Ethereum seems to retest 100$ as support. In the case of bitcoin below 5k, Ethereum will dip below 50$.

corvology

Bitcoin may be in a bearish triangle for two years. The market can dive to 2k-3k if it break triangle to downside.

corvology

I detected double flat/triangle correction for bitcoin which it hit the bottom line 5 time. 5th hit will be broken and without support. if it hit 9.5k again it will dip more.

corvology

Bitcoin headed to 13400 and it is 2.618 fib for the leg so it will be so strong. the possible scenarios for the future are ambiguous and need to detect price action.

corvology

The price in two main channel is about to rise for the short term. In the way of the bearish channel, it must fall to 8k for the third wave.

corvology

After researching on other markets I realized they do the same pattern. so maybe bitcoin repeat them and will sleep one more year.

corvology

Bitcoin can go one leg more down if it plays Elliot Waves. There are two equal corrections for two first leg. so there is the final leg

corvology

Bitcoin is still in a bearish channel. it can go more if it breaks some levels but there is a too low possibility.

corvology

Wait! this move is fake and there is to much reason for bearish movement. it will first hit 12800 according to Harmonic Pattern and then fall inside the channel.