Hi everyone BTC reached or is very close to reach a double bottom scenario, that fits in my elliot wave forecast perfectly. Price should rebound between 8100 and 8300. Reasoning: 1. Three wave counts sin double top at 9k. 2. Price below S1, and that means that is more likely to go up than keep going down. 3. Divergences between price and RSI, OBV, Volume and...
As you can see BTC is following the path shared a week ago. After the ABC pattern (double top) we are right now descending in the first wave of a 3rd wave that is going to end in 6k. In that path...we are going to have a decent rebound in 7.4k and before the double bottom. this is my projection for the 12345 waves inside the third wave. Short Term: (today)...
This forecast is pure and simply based on Elliot Waves and Fibonacci levels. Kinda accurate so far. Right now BTC is creating the C wave of and ABC correction and is going to end in 9200 to create a double top and send us to the ground Forecast: Short term: LONG. 9100-9300 Medium term: SHORT 6400 Long term: LONG 6400 Let's see how this goes. You can...
As I called it...BTC were in a ABC pattern that ended up in a double top. You can see is doing the exact same pattern in the 11.6k double top. And if we drawn a wedge you can see how if fits perfectly but in smaller scale. I keep my forecast to at least a double bottom in 6k before something changes. Short Term: SHORT Medium Term: SHORT Long Term: SHORT You...
This forecast is pure and simply based on Elliot Waves and Fibonacci levels. Accurate on every pivot point and mayor resistance so far. Right now BTC is creating the 5th wave of an A wave that creates an ABC correction and is going to end in 9400 and then correct to 8600 or the 0.383 fib level. Forecast: Short term: LONG. 9400 - 9600 Medium term: SHORT 8600...
This forecast is pure and simply based on Elliot Waves and Fibonacci levels. Accurate on every pivot point and mayor resistance so far. Right now BTC is finalizing the creation of A wave of an ABC correction that is going to end in the 0.618 level crossing the main downtrend. Forecast: Short term: LONG. 9400 - 9600 Medium term: LONG 9900 Long term: SHORT...
This forecast is pure and simply based on Elliot Waves and Fibonacci levels. Accurate on every pivot point and mayor resistance so far. Right now BTC is creating the 2 wave of the main C correction that is going to end in the 0.786 fibonnaci level. Forecast: Medium term: LONG 9900K Long term: SHORT 4.5K Let's see how this goes. You can follow zoom in and...
his forecast is pure and simply based on Elliot Waves and Fibonacci levels. Accurate on every pivot point and mayor resistance so far. Right now BTC 1.76% is creating the 2 wave of the main C correction that is going to end in the 0.618 fibonnaci level. Forecast: Short term: LONG. 9400 - 9600 Medium term: LONG 9900 Long term: SHORT 6K Let's see how this...