All the material is in the previous idea. In fact, it is a continuation. Good luck to everyone!
After the Double Top Chart Pattern was reached: Now on a bearish S&P 500 I also expect Bitcoin to head lower to the second Elliot Waves Chart Pattern, which is $22810. Looking forward to read your opinion about it.
Good afternoon , dear colleagues! I want to continue my opinion and vision of the current situation on the cryptocurrency market on the example of this instrument. I continue to accompany this asset with a subjective vision. In my opinion, a deeper correction is needed to continue the asset's gains. All trading patterns should be searched for on the younger...
BTC/45M Before the pump yesterday, WE formed a pennant (two purple lines bottom left) then we legged up insanely to ~24900 but did not touch the origin point of resistance ~25212. now we are forming the same pattern (two red line top right).so this could go up to ~28600 with this momentum that its showing. Green drawing shows the wave of the pennant which both...
Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets . At this stage of the situation, we see this algorithm being clearly worked out. When an asset shows a strong movement without corrections. The current situation only suggests that we need to wait for a...
Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this assets. Why long? As we discussed in the previous opinion, we saw how the price followed the stop loss. At this stage of the situation, professional operators need to lock in profits and buy the asset at more...
I expect CPI data will come better than expected on Feb 14. The medium forecast in 6.2, I expect 6 - 6.1. The market will be exuberant afterwards and SPY will reach $431 by March 1st, thinking that the FED won the fight against inflation. BTC Bitcoin will make a Double top at $24280, just to go lower by mid 2023 after SEC banning crypto staking in the...
During the day, I was waiting for the price to open this position
Good afternoon , dear colleagues! I am pleased to welcome everyone who wants to get acquainted with my vision of the current situation on this instrument. Today, the asset continues to show strength after the weekend, as evidenced by the formation of an uptrend with a buyer's test. For this period of time, I expect the buyer (professional operators) to regain...
BTC OUTLOOK Due to bullish exhaustion at monthly resistance at 24k , i do expect BTC to have a minor retracement as we are in right now. We have CPI data to be released tmrw and my take on CPI is that we might still get high inflation due to how strong the labour market was last month. This would break down pivot prayers and would cause short term dollar strength...
Divergence is one of the well-known and widely used methods for determining price reversal areas, whether positive or negative, and thus helps to determine entry or exit areas 📉📈 Divergence can be used with momentum indicators in general like: '' MACD ''-'' RSI ''-'' Stochastic oscillator ''. We notice in the picture a difference between the price on the chart...
Swing trade has been a success as of today since longs was called out in late November leading into December. Using BTC as reference to all other crypto coins, we are up a solid 48.65%. Do i believe we will continue higher ? yes i do. Fundamentally the market sentiment has just started to shift. The relieve rally that we are experiencing now was expected but will...
There are 2 scenarios which can play out one is bullish that we will have a bounce from the flag support upto 22k and we may see a pullback and breakdown from the flag support. This is not a financial advice just for educational purpose.
From a HTF premise for me BTC is still bullish we are makin higher highs and higher lows on a weekly timeframe, and right now price fullfilled all the imbalances on te buy side and should go to close the bearish one. What puts me in favour for longs more than shorts is that we have a weekly orderblock in 44-43k area that should act like a valuable area of ,,...
BINANCE:BTCUSDT Hi guys Mr.Karimi here analyzing the BTC future trend. As you can see there are 3 EMA's along with a decent PRICE ACTION level holding the BTC correction. my opinion on bitcoin divides into 2 Scenarios: 1- BTC would hold at this level and the EMA'S would carry the price up to the All time high resistance and then the real market crash starts and...
Hello guys, Mr.Karimi here and i'll be with you today analyzing the bitcoin trend in the following days. As you can see there are 3 EMA's along with a decent Price Action Level holding the bitcoin correction strongly. The Orange Line is the 50 Daily EMA, The Red line is the 100 daily EMA and the Black one is the 200 Daily EMA. so basically I would consider these...
Bitcoin’s run thus far has been wild. The future will only get wilder. Most Elliotticians predict that we are in a primary Wave 5 currently however, my big macro count differs at bit. Firstly, let it be known that Wave 3 isn’t mandated to end at the 1.618 level. I’ve made the mistake in assuming this too many times; all bad. Therefore it’s important to actually...
FTX:BTCPERP Dont ask, just watch.