cryptownian

cryptownian

Elliot WAve count Could this be happening right now

cryptownian

JUST A FEELING 🤔 So guys this is just a huge here but Let's just look at the small little detail that can make big changes The 1h Ichimoku cloud is very think btc has to break through the cloud to be considered fully bearish and the kensan kujin and chikuo span all must be under the cloud to really be bearish. The 4h middle bollinger and the cloud are...

cryptownian

OK if we follow the indicators and candle signals and price action We have to look at the most likely outcome and ask ourselves What is the chances of this happening What is the Conditions we are making this decision under How valid is it. QUESTION 1 WILL WE SEE A BREAK OUT Let's ask the easiest question IS THE MARKET AT RESISTANCE ANSWER YES. IS THERE ANY...

cryptownian

So guys where are we now Are we currently in a neutral zone Seems like the area is a pivitol area for a make or Break moment The price is linguring and a temporary a support has been established so what do we see in terms of indicators 1.we know we are in a box range with the rsi being overbiught but the sideways consolidation releaved some of the overbought...

cryptownian

1h Bollinger compression guys Its make or break For the bulls break For the bears make Let's see Well at this point I don't know But I'm leaning towards the bears

cryptownian

Well guys We are seeing confluence in divergance On these indicators Rsi momentum Macd Macd almost at a turning point for the cross over This will be the final signal for a drop Technique below to rob booker divergance you can find the indicator on trading view Good indicator but you must know how and when to use it. Let's see if we get the turn or a break

cryptownian

Question was asked is this just another fake. Well it's not a fake but just a normal movement I quez being over focused on pendands and what not I missed the most basics of rules Are we trending or ranging WELL PEOPLE WE ARE RANGING what does this mean all T. A Conserning adx is out of the window We need to look at the rsi only or stochastic Because we are...

cryptownian

It seems the bulls has declared war lol. Pushing price to resistance level This move was predicted but not expected A little sellers bias took over sorry. THE double bottom and bull flag confirmed a possibility of a breakout like I mentioned in case study 11. So I'm sure everyone is waiting for the 40 000 to give way for the bulls to take over at this point...

cryptownian

hello to all who is following this channel. so where are we now. with all the case studies and info we have so far i think its quite evident that btc is short. what we are looking for is the right time to enter into this short position to get the most out of the trade. we do have a oppertunity to enter on confirmation of current conditions. the overall context...

cryptownian

In this case study we will be looking at the setups that has appeared over last week on the 1 h time frame To pt it straight we are seeing Head and shoulder patterns back to back followed by a bullflag We also have a double bottom A symmetrical wedge patter. Turned into a decending wedge pattern. The weekly still showing strong change for a sell So question...

cryptownian

It seems the bears might just take over again We might go back to 30 000 Pattern seems weird but it kinda resembles a bull flag We also see a test pullback and break that's is Usaully a sign of support we see a confirmation with the market unable to go below that point going side ways but down. THE rsi is just above 50 We can look at the rsi because we are in...

cryptownian

So far our case study has been going very well But we have hit a point of indecision. Interms of do we wait for the buy at 20 000 Or do we buy at current level. THE rally at 31000 has confirmed a morning star on the daily with a very solid bullish ingulfing pattern also on daily. Look close you will see it. So the lower time frame 15min to 1h are also...

cryptownian

Well guys I'm stepping up my study to the daily and weekly candle sticks Reason being If we look on the weekly time frame We see some very interesting information that confirms the downswing to even lower levels The basic rules of candles is they provide possible reversal signal and under specific conditions they can be used as a indication of support or...

cryptownian

OK guys I think it's time we start diving into the reversal of this down trend We are close to 30 000 There is a slight possibility that this can be the buy zone for btc but we are not sure enough to make that assumption Reason being So far bitcoin has disabled hammers bullish signals bullish setups and so forth. So we need to be careful here not to press that...

cryptownian

Don't let 30 000 confuse you If you don't see a proper buy signal like the sell signal we saw developing over a week we don't buy And rally now is just a pullback to higher levels so Keep calm wait it out WAIT FOR A PROPER CONFIRMATION OF A BUY

cryptownian

Bulls will be out once 4h time frame closes low or below support at 33450 We seeing a rapid drop We could see a pullback I would say hold of if you think I can go short here be patient for the confirmation if you did not enter at top at level 38 000 to sell at the close of correctional wave E Don't enter at all

cryptownian

It seems the final wave on the current wave count is confirming the Wave count on the daily time frame. So we could see a drop to 33 000 or 29 000 Things seem to be going as planned if you have not put a buy on yet let's wait for the support at 30 000 But at this point I would say if you are short from previous sell level at 51 000 when we saw the key level...

cryptownian

Well guys we are seeing another buy pattern with signal on time frames from 5 to daily. QUESTION ARE WE LOOKING AT A BUY HERE. some where between 22:00 and 22:30 6 june 2021 south african time the buy signal appeared on lower time frames. We see a piercing line on the 15min A bullish ingulfing on the 30 min A piercing line on the 1h A bullish ingulfing on...