Bitcoin appears to have entered a bull market phase, which is characterized by an upward trend in prices over an extended period. While some traders may be focused on short-term gains, it is important to remember that in bull markets, the best strategy is often to hold onto your investments for the long term. Short-term trading can be tempting, but it can also be...
Forming Falling wedge In daily Timeframe Also Printed Massive Bulish divergence In Rsi Incase Of Breakout expecting Massive Bounce
btc is weekly inbalance down side,, im trying to sell. i dont care . i sell. i sell. there is inbalance. i wait, i wait. if there is opertunites.. crurentily price is trending to my trade location.
#BTC /JPY Confluence about the next potential target being 21.5k
This geometric support must hold in Bitcoin. Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but...
GZ coming at 20134. If algo longs succeed, they will target 25842. 8H bullish divergence coming after what seems to be an impulse down. The risk of riding a counter-trend structure is pretty high (red arrow) with the VIX and DXY both up, and the VIX having plenty of room left to the upside. In addition, we are still in daily algo shorts so beware. Please like...
In 1H Timeframe, Bitcoin never confirmed close above the Important Zone. In case BTC close and Confirm the breakout above or below Important zone next target will be Sell/Buy Zone.
bitcoin price prediction. Elliott wave analysis with pitchfork combination. 1. bitcoin buy zone as long as we hold 14k 2. below 14k most like we going for 10K 3. target for 5th wave +100K 4. if we are still in the correction of WXY then the Blue line which price should follow - target 150K
Here is a little summary of the BTC charts I posted the past few days, mixing algos and Elliott Wave (EW). There was a strong confluence of Fibonacci a geometric resistance in the mini green box and we turned to the downside. Bearishness confirmed below 28k. Two algo PTs at 21750-22500. However, 25000 will be on our way down where weekly algos longs might try...
Fed rate hikes are increasing fear among investors leading to panic selling in the market, fed has recently added 50bps to the interest rate now trading at 1% and they will be forced to hike even more to resist inflation(+8.5%). Only scalpers are taking buys in the current market situation, taking shorts only will serve you well because we are in a bear...
I think that we are right now at the main resistance trend-line and if we break, we should see price levels not seen since may .
looking for long BTCUSD on the 4H, used FIB EXT to analyze this deal. good luck TP2 will be the 100% of fib ext TP1 will be the 61% of fib ext SL will be under the 0% of fib ext
As of today's sell-off, Bitcoin has reached the bottom of the bullish channel in which it has been trading since the summer. Today's sell-off in the market was triggered by fresh COVID news. A new variant has been discovered which is even more dangerous than the current Delta variant. Several countries and regions banned flights from the southern African region,...
Currently at 78.6% fibonacci retracement, should this hold on the higher timeframes I would expect a downturn from here. Lower timeframes look good, Daily closes on or around the retracement around $57K is what im expecting. This could be pricing in some negative news coming in soon, around the 15th - 18th October with the US Government running out of money.
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
Headed to the opposing GZ. Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
Good morning to all my followers and others as well :-) Today, we are going to carefully looking at the daily time frame where for the first time the primary downtrend line resistance has been broken on a daily closing ! This should be seen as a positive signal but should also be considered cautiously for the time being !!! Why ? 1) There are potential bearish...