Bluzelle starting wave 3 of bullish trend. Targets on chart. LONG.
currently worth going long as ETH plays the pitchfork channel as part of the start of a big 3rd wave in the long term prospective (to put ETH well above the 0.1BTC level). Currently ETH is still due a 5th wave on the current movement and that should take price to the drawn level with a confluence of multiple levels of resistance (and TLs). Price has just finished...
So ladies and gentlemen: we are currently in a channel of two major trendlines from the past couple of months. This channel is a downwards falling channel (therefore of bullish nature), part of a possible ABC correction of the uptrend BTC recently started in February. At the current moment in time there are multiple open scenarios. The main 2 I feel strongly...
possibly a short if bearish wedge breaks down. Part of a corrective wave structure on the daily chart
Forming a triangle with wave 5 touching .786. This will lead to a big breakout to the upside once the top Trendline breaks. Wait and Long!
Corrective ABC pattern post bulltrend. Should go down to previous support at low of wave 4 roughly at 5200usd. Still a short sentiment and believe in deeper lows across the community.
Start of Wave 3 on weekly chart, and finishing wave 2 on the daily chart of the new uptrend. Go Long for massive profits.
Start of what could be wave 3 on 2-4h charts (end of correction C of zig zag corrective pattern on 15-30min), on the way to the 0.5 level of the Daily/Weekly chart, at 10200usd.
Wave 3 starting now on 1h chart. Bullish Elliott Wave pattern.
BTC will go down to the 0.618 level at around 8000USD before reversal
Elliott Wave in formation, start of Wave 3 post a set of very bad news that led to a price retracement to the 0.618 post a corrective ABC (5-3-5) phase. Volume needs to stay up for momentum to be gained.
Going through a very technical elliot wave, possible reversal at 0.618
Start of Elliott Wave, currently retracing to Wave 2 at 0.618. Target for end of wave 3 and second buy target at end of wave 4 set on chart.
Looks a lot like we're ending the B phase of correction on this Elliot Wave Sequence. Should see a sharp move to the upside once volume goes up.
Possible reversal at 0.76573c; Currently testing resistance level at 0.7600 and approaching 1.618 fib level; Short
Possible reversal on Support; Convergence with 2.618 fib level; oversold market Long