If I'm not mistaken in my predictions, the Mega Bull Season that everyone has been waiting for has arrived.
I usually analyze before btc drops, but this time I think the situation is different.
If I'm not wrong (I could be wrong), Gann Box and Fibonacci measurements, indicator data convinced me for this trend.
Waiting for the Eliot waves to start. I think 3 waves can occur inside the Gann Box. The first four waves of the Elliott Wave can occur inside the box. But if wave 4 manages to break out of the box, it could trigger another wave of elliot 5 for the 100K target.
Notice the area I marked in red though. If I'm wrong and prices drop below this level, it would be wise to stop loss. I don't expect this to happen. But it's still good to be careful.
If I am not mistaken in my thinking and waves 1 and 2 occur, you should measure yourself again after the second wave. Your post wave 2 measurement will be more reliable than my analysis.
I think there will be 2 waves of Elliott 5. So 1-2-3-4-5 ABC is 1-2-3-4-5 again and prices will start to decrease from here on.
But despite everything, I would say pay attention to the stop zone again.
NOTE: This is not investment advice.
I usually analyze before btc drops, but this time I think the situation is different.
If I'm not wrong (I could be wrong), Gann Box and Fibonacci measurements, indicator data convinced me for this trend.
Waiting for the Eliot waves to start. I think 3 waves can occur inside the Gann Box. The first four waves of the Elliott Wave can occur inside the box. But if wave 4 manages to break out of the box, it could trigger another wave of elliot 5 for the 100K target.
Notice the area I marked in red though. If I'm wrong and prices drop below this level, it would be wise to stop loss. I don't expect this to happen. But it's still good to be careful.
If I am not mistaken in my thinking and waves 1 and 2 occur, you should measure yourself again after the second wave. Your post wave 2 measurement will be more reliable than my analysis.
I think there will be 2 waves of Elliott 5. So 1-2-3-4-5 ABC is 1-2-3-4-5 again and prices will start to decrease from here on.
But despite everything, I would say pay attention to the stop zone again.
NOTE: This is not investment advice.