A monthly overview on BTC. April 2021 looks very similar to April 2013. What to expect the following months and by the end of 2021.
Looks like the Elliott Corrective Wave (ABC) perfectly played after the Elliott Wave (12345). The gartley that formed also comforts the idea for a next leg up with a target (Gartley pattern + corrective way) of approximatively 61K. Notice the small bullish divergence on MACD and RSI as well. It would form another (bearish) Gartley from there. To be continued...
Long story short: If 48.8k doesn't hold and if bearish pennant resistance is broken, then target is the lenght of the pole > 36K BTC follows exctly the same price action as in 2013. I won't look to short, I'd wait for the bounce and look for a nice entry point for a legendary trade. Watch my "bigger picture" video linked.
Looking for a long entry point after bouncing from 52.8k Nice Cypher pattern formed, let's see if it will play well from now and meet the targets
I'm monitoring the range between 50k and 48k. Breaking down 48k would lead to 44K. Also a nice W might be forming which has a target of 54K. Nice bullish divergence on MACD and RSI as well both on 4H and 1H
Are we going to see the 48K level which would make a new lower low or going to meet the dragon's hezad target around 64k ?
Potential W breakout ! MACD + RSI show positive signs.
Price discovery mode, might range for few hours or days before significant price action.
Breaking out the descending wedge would lead to 15.85 since there is no major resistance pass 13.85. On the other side, breaking down triangle's resistance could potentially lead to 10.5.
Selloff is over now WINk seems to be back on tracks. After a nice double bottom, got rejected at 0.236 Fibo Extension level. I draw major resistances in yellow lines. As long as price stays above first one (0.0017) it's in a very good way toward new summits. Final target in mid term: 0.00322
Long story short : After ATH selloff > bounce on last support level > needs to break and confirm breakout of last resistance circa 7.20 > freeway to 9.20 (I expect a massive selloff near 10)
Nice bullish flag / pennant formed. Breaking and confirming breakout, there is no resistance beyond towards a new ATH. Resistance lvl between 7.15 and 7 rectangle (potential bounce on it before breakout).
Nice breakout of the W pattern on 1H chart after the M which has perfectly played. T1 is around resistance zone circa 57.2 <-> 57.7 T2 is the diagonal resistance of the triangle Breaking the triangle resistance would be very juicy and lead to 67k
KAI exceeding my predictions much faster than predicted. After 0.14 weak hands selloff, next target is 3.618 fibo level at 0.9 ! This ALTCOIN is mooning and has a brilliant future based on solid fundamentals. coinmarketcap.com
Long story short : After making a new ATH > sell off > no more resistance after bounce towards new ATHs. KardiaChain is an interesting token with lot of potential. coinmarketcap.com
Long story short : 1 resistance level to cross (circa 1.4) towards new ATH
long story short : breaking out and confirming 0.382 fibo level could lead to 0.7 as T1 and 0.78 as T2 as there is no major resistance above.