👋Hi, everyone; I hope you all have a positive Portfolio these days (be happy). ✅Bitcoin managed to break the 🔴 Resistance zone($38,650-$37,000) 🔴 [ In previous posts, my resistance zone was 🟡Price Reversal Zone(PRZ)🟡 ] and Important Resistance line during the weekend. However, this zone was not expected to break on Saturdays and Sundays when trading...
🏃♂️Bitcoin is moving near the 🔵 CME Gap($40,325-$39,290) 🔵 and Support line . 🌊In terms of Elliott wave theory , Bitcoin seems to have completed its 5-wave downtrend near the support line. 💡Also, we can see Regular Divergence(RD+) between two Consecutive Valleys . 🔔I expect Bitcoin to Go UP at least until the end of wave 4 and at the next target of...
✅Bitcoin moved as I expected in previous posts and was able to touch the upper line of the Ending Diagonal again ( MicroStrategy helped in this movement by buying $600 million of Bitcoin). 📚The Ending Diagonal Pattern ( Elliot's point of view) is the same as the Rising Wedge Pattern ( Classical Analysis point of view). 🌊According to the theory of ...
💡Bitcoin tried many times to break the 🟡 Price Reversal Zone(PRZ) 🟡 but failed every time. 🌊In terms of Elliott wave theory , Bitcoin seems to have found microwave 5 of the main wave C at the 🟡Price Reversal Zone(PRZ)🟡 and the upper line of the Rising Wedge Pattern . 💡One of the confirmation signs of our wave counting can be the presence of Regular...
The current analysis of BTCUSD suggests a discernible momentum shift, indicating potential trading opportunities. Our proprietary indicator, Cristallu ( w.aritas.io ), reinforces this observation, recommending entry points at 37,700-37,800. This strategic entry is accompanied by a Take Profit (TP) target at 40,500 and a Stop Loss (SL) set at 0.23% of 37,800. It's...
BTC/USD (weekly) has been labeled within a Cycle Degree wave III starting point. Cycle Wave II (black) has been called as the bottom during Dec 2018, unleashing the Crypto Bull Market. Primary (2) (green) hit the bottom in December 2019. Cycle II (black) Structure - Double Flat Dec 2017 peaks and down until Dec 2018 bottoms - Cycle II (black) Primary 1 (blue)...
After encountering significant resistance near the 38,000 level, BTC showed resilience by rebounding from its established support zone around 35,000 📉. However, this rally was short-lived as it faced a setback at the 100 SMA line, redirecting its course back to the 35,000 region 🔄. The sustainability of the 35,000 support is now a critical factor for Bitcoin's...
✅Bitcoin seems to have succeeded in forming an Ascending Broadening Wedge Pattern . 🌊Regarding Elliott waves , corrective waves in the Ascending Broadening Wedge Pattern follow the Double Three Correction structure(WXY) . 🔔After breaking the lower line of the wedge pattern, I expect Bitcoin to fall at least to 🟡 Price Reversal Zone(PRZ) 🟡and break the 🟢...
After the short-lived spike under 25400 horizontal support (also for a very short time under 25k), Bitcoin started to reverse reaching the 27.500 mark. A new drop followed, but buyers sustained the price at 26k. At this moment a possible higher low could be in place and, in the short term, we could see more upside. That being said, I'm looking to buy dips in...
✅Bitcoin has been responding well to my 🟡 Price Reversal Zone(PRZ) 🟡 for the past few days. 🌊According to the theory of Elliott waves , Bitcoin seems to intend to form an Ending Diagonal pattern to complete microwave C of main wave Y . 🔔As a result, I expect Bitcoin to make a new high (slightly above PRZ ) and then start to Fall again. The target of...
September is the worst month in history of bitcoin, its a month that all Bears order Lambo! While Shorts continue to stack into the weekend, expecting some kind of move around US Futures open and into Monday EU session. low whale order volume, the accompanying order book chart showed a lack of bid liquidity overall, with $25,500 gaining only modest interest. The...
🌟Bitcoin managed to form a Shooting Star Candlestick Pattern in 🟡 Price Reversal Zone(PRZ) 🟡. 🌊Regarding Elliott waves , it looks like Bitcoin is completing the Double Three Correction waves (WXY), although I have another wave count for wave 4, which again points to Bitcoin falling . 🔔I expect Bitcoin to Fall near the Support line . ...
✨ Absolutely amazing news here with the ruling by the D.C Circuit having ruled in favor of Grayscale in it's lawsuit against the SEC for the SEC's decision to deny Grayscale's conversion to an ETF successfully paving the way for Grayscale's filing/ETF petition to be reviewed. ✨ This amongst a series of losses and hard hits for the SEC the past few weeks has been...
🏃♂️After decreasing a few hours ago, Bitcoin is again close to the Resistance Line . 🌊In terms of Elliott wave structure , Bitcoin has completed five impulse waves and is currently completing corrective waves . 🌊It seems that the structure of the corrective waves is of the type of Expanding Flat(ABC/3-3-5) . 🔔I expect Bitcoin to start going up from one 🟡...
Hi Everyone, BCH is now coming back down to close the imbalance that had been left once it broke swing highs last year. There is an order block sitting around 140, which should be the area to watch out for your buy limit orders. I expect price to continue falling to that area and I will start opening buy positions once we see confirmations that the Order Block...
Bitcoin slowly bled down to low 30K on sunday. two more supports to break and then BTC will go back to 24K Thanks for watching
Looks like the market maker will push BTC lower. I decided to take a trend-following trade. Entry - 26950 Stop loss - 27480 Target - 26100 Good luck! Please, like this signal!