The Yellow Impulse 1-2-3-4-5 represents the bear flag or rising wedge. But the last impulse (5th) position is on bottom. It has possible reversal to 1.32 USDT, but area 0.52 USDT can lead big rejection then big crash. The white impulse A-B-C-D-E represents the recovery trend to 1.32 USDT, with maximum target is 1.9 USDT
In the image we can see 2 patterns which match with recent btc in timeframe 1D Broadening wedge tops and Descending right-angled broadening formations
ENGLISH: Bank Tabungan Negara (idx:bbtn) is trying to get out of the yellow resistance's line, with direction to the white resistance's line or 1470 IDR. If the market successfully break out the white resistance and continue above the white line then the market is likely to be bullish again. But if it will be failed, the market will continue bearish to 850 IDR....
BTC's prediction on the Weekly chart. From the recent performance, the market is making parabolic pattern. Yes, BTC still lacks one upward climb. Technically, by using Inverted Shoulder Head Shoulder, Ascending Channel, market can be predicted for these insights: 1. BTC still has a chance to touch the green horizontal trendline, which is in the 25K2 area. 2. But...
ENGLISH: By paying attention to the consistency of the IDX:ERAA market movement, it can be predicted by using a descending parallel channel and three repeating patterns, the ERAA market will bounce to 525-540. If there is a daily market opening above 540 then there is a high probability that IDX:ERAA will break free from the bearish trap and return to...
IDX:BBCA have finished the Harmonic Pattern. In technical analysis, it will lead correction to fib 0.382-0.236. By using Fibonacci Timezone, the bottom will be reached on 31 May - 22 June with estimated prices are at 8475-8575. After that BBCA will continue the rally to 9475-9600 with estimated time at 3 Aug - 25 Aug
English: After two days the market has been trying to break the price at 8725-8700 but there was a refusal, so BBCA will have the opportunity to make a death cat bounce (a bounce for a deeper correction). With a correction target it can reach 8475. While a rebound target is 8900-8950. Bahasa: Setelah dua hari pasar berusaha menjebol harga 8725-8700 namun...
Hanjaya Mandala Sampoerna (IDX:HMSP) had missed the bullish run and now are dumping with Double Bottom target is 875-825 and Death Bounce target is 1095-1065. After double bottom, HMSP will continue rally up to 1450. Keep in mind, double bottom usually will perform W-Harmonic Pattern. I shall update the chart later.
Bitcoin are performing Shoulder Head Shoulder and almost completed. The target will be on Red box and maximum pain will be to yellow box. The other technical analysis are descending parallel channel and three drive pattern. They are point the same target about the dump, which is 26K and next target will be 23K-22K
After filling the head shoulder target and retest the trend-line, bitcoin will fill 27K8 as final death cat bounce with target is 23k7
Based on observations using technical analysis such as the Ascending Broadening Wedge, the bitcoin market still has the potential to rise to quite an astonishing number of 36200-38800 by forming a parabolic super sonic. But normally Bitcoin target is 33800-34600. Bitcoin will be officially bearish if it hits 27300 with a dump target of around 24K and 22K
Ethereum just broke out Adam-Eve Pattern but majorly it is halted in Fib 0.5 which is the flip trend or pivot from All Time High and Lowest Low. So ETH is in uncertainty because if ETH rally, that means to Alts season is began. Next target Adam EVE is 3025-3300 but fake bull run can be stop on 24200. For long term ETH, it will reach 9500 next 24 months or less...
Scenario 1: BTC will dump to point 4th (white / 44k7-44k5) then pump to 47k7 and after that dump to support 40K5-38k5 and then trip to 54K-55K Scenario 2: When BTC can release resistance 48K, it will jump up to 54K8-55K without making New LL, then trip to new ATH
Not for trading advice, it is a sketch only. BTC is making super big failing wedge with 2021 bottom is around 26K and mid-2022 higher high on 62K on Failing Wedge, the 4th wave can respond in anomaly where the trend will reverse on super support area then bounce up The normal failing Wedge, it requires 5th waves before bounce up
Please look the zigzag pattern, but also pay attention to support and bearish confirmations
Warning, Base 3 usually is known as Rejection Parabolic Base So I set 2 supports the yellow and the green If correction is broken down the yellow, then we will test 9200 as bearish support lower than 9200 the target is very clear and we'll be on crash
WARNING!! This chart will be activated if BTC confirms open-daily or weekly, below the yellow line or below 12K Please check link below for other charts
Strategies: Triangle, Parallel Channels, Fibonacci, Neo Waves, ABCD BTC can continue move up to 11910, this is resistance for triangle and also ABCD (0.786-1.618) With confirmation breakout, if price can cross over 11910 The bullish triangle target is 13K3-13k8 and it will be new HH After that BTC will make hard correction to 10000-10300 and then rebound to...