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Hey guys
Things look to be more better as we had the much needed bounce off 9700$, I think this bounce is enough to turn market around.
I put up this analysis to update my Elliot wave views about bitcoin .
The count look to be well detailed.
Do check it out and let me know what you feel about my count.
Things look to be more better as we had the much needed bounce off 9700$, I think this bounce is enough to turn market around.
I put up this analysis to update my Elliot wave views about bitcoin .
The count look to be well detailed.
Do check it out and let me know what you feel about my count.
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Short term play update will follow soon guys. Thanks for all the likes
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My first update will be on this Ascending broadening wedge patternand Ascending triangle formation both on 15minutes chart. it worth to look at.
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Hey guys another pattern spotted on 1hour timeframe
Inverse Head and shoulder with its target is well represented on the chart.
Inverse Head and shoulder with its target is well represented on the chart.
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I dot have much update for us than we are stillt rap inside the ascending triangle pattern and I expect this to make its decision soon after spending the whole day here.
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Also ISHS triggered with good volume after the break of Neckline. Keep an eyes on the target
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Short term wave view, 15minutes counts
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We have good breakout yesterday from the Ascending triangle pattern and price is now attempting a sharp re-test on the neckline of the pattern.
The top level will be a good zone to long again as the bullish momentum still seems so good.
The top level will be a good zone to long again as the bullish momentum still seems so good.
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we have Bullish flag formation in progress with a strong support located towards 11300-11425$ zone. Let keep an eyes on those range for possible long opportunity
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This is good, just as expected, the flag break up with immediate target at 12380$.
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Hello guys, sorry for the delay in my update, as we can see we breakout from the flag and now we had a good bounce off the flag re-test. This look good and strong. Our immediate target still remain same zone 12380 upwards.
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We have major resistance level at 11860$ if price manage to break this will give good move to the upside zone.
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Comments
Hi. I am seeking advice from many famous traders. I think that if BTC reach the last peak in 2017 before 2020 Halving, there will be possibility that the four-year cycles of BTC is likely to change to three-year. What do you think, your precious opinion is a great help to many people.
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Excellent application of the EW Weslad. Personally I am taking one step at a time waiting for 12400 to break in order to confirm the long term bullish continuation.
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@TradingShot, what will be your next target after break of 12,400 because I see it happening soonest.
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My latest post about the potential drop! only 1 usd difference for the lower high setup with my prediction!
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