BTC - ENTRY AREA (DEC 2023) The main trend is still up so I don't believe we correct deeply. There can be another leg up. You need to use the correction properly so Enter Responsibaly.
I love photography / videography and I tend to mix my analysis with this stuff. Anyway, I have illustrated the current situation and if BTC hold 29k we will have green days ahead. BTC has been able to hold this belts for some time. Also remember, we dont always go down, do we? Ehsan.F
BTC - BULL RUN AREA. BTC must hold 20k to stay in the green area.
In this month Nov 2022, those have been suffering from the bear market, can have a fresh air and enjoy the green days ahead.
There is an important supply area at 46300 This area is very important because it is a fresh area and it is after a fake supply area The price correction is likely to continue until 45,600, with R/R=5
Pattern: Ending Diagonal (these formations are analogous to the extension of an impulse wave) Structure: 3-3-3-3-3 Proper action: I will be watching 38k before buying more Target : $ 41500 Stop loss: $ 34000 Nov 15, 2023 Comment:
According to my understanding, wave 5 terminates well beyond the beginning of wave 4 (wave 5 is still not complete) Technical Section: In this chart above, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself. How often does this happen? Our "experience" tells us that it happens (very often). Target : $ 42000 - $ 45000 Stop...
As you can see, the first wave is home to the bull whales. (Huge volume) Technical Section (Wave 5, Lesser Degree): As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself. We'll see. Extended Wave 5 = either 61.8% x length (beginning of Wave 1 to top of Wave 3) or = 100% length of (beginning of Wave 1...
The relationship between these patterns tends to show that: Wave c > 61.8% of Wave A, as a result; Wave C is still not complete (Wave C = 100% or 123.6% of Wave A, Target = $ 40300 or $ 44000)
BTC Projected Target with head and shoulder pattern that alliagns perfectly with advance harmonic pattern ratios. Break down of the chart at current price will pe posted in the update right below this chart
Today we will try to summarize the results of 2022 and look a little into the future. What can we say, We think few people will deny that 2022 is one of the worst years that we have seen and consciously felt. Painful both separately for the participants of the crypto world and in general in the context of the economic, military and geopolitical situation in the...
Hope you have been the luckiest but if you havent, use your experience to be the luckiest. I know the Unluckiest zone is extremely painfull but if you use your knowledge properly, one day this pain will be gone. Ehsan
As shown on this chart, there is a lot you can tell from a chart (Buy signal, Sell stop, Sell signal and ...). My diagnosis of the pattern (Pessimism to optimism (rest and again up!)) Anyway, I might still be right in my analysis Target = $ 36000 (If my analysis is correct) Long = $ 32000
⚠️Yesterday, after the news of the approval of the Bitcoin ETF was confirmed to be Fake , Bitcoin fell again after breaking the🔴 Resistance zone($28,450-$28,000 )🔴. 🔄Currently, the 🔴Resistance zone($28,450-$28,000)🔴 has become a 🟢Support zone($28,450-$28,000)🟢 in my analysis. 🏁In terms of classic technical analysis , it seems that Bitcoin has succeeded in...
🔨Bitcoin seems to be breaking the Ascending Channel and 🟢 Support zone($27,580-$27,300) 🟢. 🌊According to Elliott's wave theory , Bitcoin has completed a Zigzag correction(ABC/5-3-5) in the ascending channel, but we have to wait for the next moves to confirm the end of the main wave B . 💡Also, the RSI indicator managed to break the Uptrend line and is...
👋Hi everyone. 📈Today, I decided to analyze Bitcoin almost completely on a weekly time frame with the help of technical analysis tools to give you a good view for the mid-term . ✅After rising almost ➕15% for the past four weeks , Bitcoin has started to decline again (as I expected in previous posts ✅). ☠️One of the reasons for Bitcoin's fall again...
👋Hi guys, I hope that you had a great weekend.🥳 ✅Bitcoin seems to have managed to break the 🔴 Resistance zone($27,600-$27,300)🔴 by Breakout Candle and is currently completing a pullback to this line. 🏁In terms of classic technical analysis , it seems that Bitcoin has succeeded in forming a Bullish Flag Pattern. 🔔I expect Bitcoin to rise toward the 🔴...
✅₿itcoin started to grow as I expected in the previous post on the 1-hour time frame. 🏃♂️Bitcoin is currently moving near the 🔴 Resistance zone($27,600-$27,300) 🔴, Resistance lines , 🟡 Price Reversal Zones(PRZ) 🟡,🔵 100_EMA(Daily) 🔵 and Downtrend line . 🌊In terms of Elliott wave theory , Bitcoin seems to be completing the last wave of the Double Three...