BITCOIN Potential MASSIVE Head & Shoulders TOP = Target $4k
Potential Head & Shoulders Top in the ellipse. 100% of wave A from B
would potentially Target Wave C where I drew the red dashed line which is in
the proximity of the prior wave 4 symmetrical triangle.
Prior wave 3 is the left shoulder while the prior peak is the head and my current Wave B label would be the potential right shoulder in play.
Currently, Wave B is at an approx retracement of 78.6%. However, wave B's can surpass the prior peak and still remain valid. Such a move would indeed nullify the potential H&S top, BUT then a potential expanded wave B would potentially project Wave C lower than my present approx 4k estimate.
In my humble opinion.................
would potentially Target Wave C where I drew the red dashed line which is in
the proximity of the prior wave 4 symmetrical triangle.
Prior wave 3 is the left shoulder while the prior peak is the head and my current Wave B label would be the potential right shoulder in play.
Currently, Wave B is at an approx retracement of 78.6%. However, wave B's can surpass the prior peak and still remain valid. Such a move would indeed nullify the potential H&S top, BUT then a potential expanded wave B would potentially project Wave C lower than my present approx 4k estimate.
In my humble opinion.................
Trade active:
Wave B(within regular flat) within the potential H&S Top is still valid. However, the 78.6% retracement failed. Next potential resistance/reversal point is between now and 63k-ish(88.6%) in my humble opinion...........
Trade active:
Nicked the 88.6% and pushed a little through it and failed to hold above at $64k. Sentiment is over the moon! Vigilance is a top priority in my humble opinion!
All the best!
All the best!
Trade active:
Now THAT is what I call THE MOTHER of all signals, in my humble opinion YEAH!
Trade active:
This pattern/idea is still in play. However, I posted some newer ideas along with updates that look in on smaller time frames as ENTERTAINMENT just like on higher time frames.
In my humble opinion(equals disclaimer)
In my humble opinion(equals disclaimer)
Trade active:
I found this article to be quite interesting: Here's the title,
This Indicator Suggests a 47% Correction for Bitcoin (BTC) to $32,000
On another note: Yesterday's volatility displayed and reminded us about the dangers in bitcoin. Exchanges not being able to handle demand and had a glitch, some account holders not being able to participate due to high traffic and had their account balances shown to be zero. Wow imagine being in such a situation.
In my humble opinion............
All the best!
This Indicator Suggests a 47% Correction for Bitcoin (BTC) to $32,000
On another note: Yesterday's volatility displayed and reminded us about the dangers in bitcoin. Exchanges not being able to handle demand and had a glitch, some account holders not being able to participate due to high traffic and had their account balances shown to be zero. Wow imagine being in such a situation.
In my humble opinion............
All the best!
Order cancelled:
H&S shoulders top void due to making a new high which I am describing as an expanded Wave B targeting a retest of the November 2021 low as referred to on other ideas.
In my humble opinion.........
In my humble opinion.........