The price of Bitcoin is preparing for a final drop to the downside, to 57k per my calculations! The price is still inside this bullish flag formation, and we still need to complete the ABC corrective pattern from the Elliott Wave perspective. At this point, I cannot be bullish at all, just be patient and wait for 57k to be hit before buying BTC! It's also...
Bitcoin is in the middle of the bull market cycle, but where exactly? It's necessary to do an Elliott Wave technical analysis to see the full map, as the market always moves in waves. We are almost at the end of the major wave (3), and in summer 2024, we are ready to make a significant corrective ABC pattern. We probably all know that summers are usually boring...
Ethereum is preparing for the final crash! 2800 to 2700 is the most important zone you can watch because the price should bounce from it. This is exactly where you want to buy Ethereum for the long term or enter a high-leverage trade. I don't think the price will go lower, prices such as 2500 USD or 2000 USD is no longer realistic and possible. Why do I want to...
🏃♂️ Bitcoin is moving near Support lines . 🌊According to the theory of Elliott waves , Bitcoin seems to have completed microwave 3 of the main wave 3 and is currently completing microwave 4 of the main wave 3 . 🔔I expect Bitcoin to start Going down from the 🔴 Resistance zone($62,940-$62,540) 🔴 and attack the 🟢 Heavy Support zone($61,100-$58,700) 🟢. ...
Get ready for some massive gains in the next 2 weeks. BTC most likely to bounce from 57-58K zone. With BTC prise rising and BTC Dom. decreasing, Alt season is going to begin
FX:XAUUSD continues to decline within the framework of corrective movement. Sellers are providing strong resistance and at the moment are not ready to let the price go above the key zones. GOLD → The bulls continue to fight back. Consolidation Earlier gold showed signs of strengthening, which in general the market evaluated positively and was ready to wait...
Time to buy. +16% coming. With the FED this afternoon and do to the liquidation of bitcoins, and also the area, very good support. Let´s see. blessings.
The price has hit an important supply. It seems to drop towards the targets indicated on the chart to complete the timing of the d wave from our hypothesized diametric. Closing a daily candle above the invalidation level will violate the analysis For risk management, please don't forget stop loss and capital management When we reach the first target, save some...
EURUSD Faced Strong Support Near 1.0650 EURUSD created a new low today at 1.0650. From the chart we can see that it was stopped near to a strong support zone which pushed the price up several times. FOMC didn't bring anything new so far and EURUSD can begin the bullish run soon. The first resistance zone is found near 1.0800 and near to the top of the...
#GOLD.. well guys market perfectly placed 2384 85 means near 80 day low and now little bounced back, Now we have 2298 as immediate resistance area guys, It will play important role in tomorrow, keep close it. If market hold 2298 then you can see again selling pressure. Good luck Trade wisely
FX:GBPUSD may continue its medium-term decline based on the fundamental background. Traders are waiting for Powell's comments on interest rates. The market is on hold and is set for a negative scenario. Globally, the currency pair is in a stupor and is in a sideways movement without any clear prospects, trading in a global range between 1.28 - 1.22. On H4 a...
The market is currently in a correction pattern and is reacting to a possible level of structure. Let's see if this the move that we are expecting to move price up. Feel free to share your views
GBPUSD is preparing to move lower again GBPUSD has already tested a very strong structure zone and we could see the price moving lower today. The bearish move could also be supported by the idea that Fed Chairman Powell may be hawkish during the FOMC press conference. If they send any message about a possible rate cut by the end of the year, that could give...
Gold is trading at 2296, with a notable resistance level observed at 2300. Should gold breach this resistance, traders may consider pursuing the following targets: 2310 to 2318. Alternatively, should a sell pattern manifest, indicating a potential downturn, traders may anticipate the following support levels: The initial support rests at 2275, followed by...
K2 close below the neck line of a potential larger scale double top pattern. But, the volume is temporarily low here. If this situation continues, The short-term bear market couldn’t go far and even stop at 60K. If the following candles price up to retest the neck line or 0.382fib line with a sharply increasing volume, It will be a good place to sell it...
Hey guys and girls, Here is an updated chart from my (Feb 29, 2024) post. Technical Section: Wave 3 < 161.8% of wave 1 Wave 4 = 38.2% of wave 3 (Wave a = 38.2% of wave 3, It did) Wave 5 is probably too large Extended Wave 5 (Target 2 ) = 100% x length of (beginning of Wave 1 to top of Wave 3) (Extended Wave 5 = 161.8% x length of (beginning of Wave 1 to...
➡️From the monthly chart, we can see that a large negative column has appeared, which indicates that adjustments at the daily and weekly levels have occurred. This shows that it will be difficult for us to reach new highs in the next 1-2 months. ➡️Therefore, we need to pay attention to buying opportunities when the price reaches the daily and weekly buy...
Here i have shared my views for bitcoin bullrun plan for next 6 months.