Bearish count in trouble. Could we be preparing a dump towards the base channel and complete a flat correction? Algos are pushing to the upside. Please like and share if you appreciate this market update. We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes....
After testing the first of our purple key levels that we had identified in earlier shared analysis BTCUSD has made over 10k gain. As per our earlier Crypto analysis and comments we are investors in this space and so always look to add to our portfolios during dips with weak hand traders fold on significant pullbacks. Another reason how and why we analyse and...
Senate Democrats passed their $1.9 trillion coronavirus relief package on Saturday, sending it back to the House for expected approval in the coming days. The party hopes to have the aid bill to President Joe Biden’s desk before unemployment aid programs expire on March 14. Democrats had to make several last-minute changes to win support from all of their members,...
In my last update I speculated an inverse head and shoulders to play out while being trolled because "They" were waiting for 39k and 40k level. I've said this before not just the charts but it's also important to understand psychological aspect of BTC s price action. Like what could possibly be the next move of BTC while everyone is thinking of buying BTC at 40k...
Plain and Simple Bitcoin Daily Analysis - 3/9/21 - BTCUSDT BINANCE:BTCUSDT Yesterday, 5PM eastern time, we could see a few "abnormalities" hinting clues at the present euphoria. I posted about it on my twitter channel and also on youtube (link below) So, the market is back in full euphoria mode, and then, indicators become clueless until reason settles...
Hello together, Enclosed is again my daily update on the BTC price. We broke out beautifully from the inverse H&S this night and are currently trading at around $54,000. The first major resistance before our ATH would be at around $55,800. In fact, this is where our yellow uptrend channel is, which has always acted as resistance over the past few months, and...
bitcoin long position ==== price action==== and ==== elliott neowave
I think the high of this cycle will be around $70,000 before a hard drop
Soon will achieve the target... Thanks.. BITSTAMP:BTCUSD
BTC Above previous resistance at 52621 from 5 days ago and we'll find //55,050 // 55,897 //58,354 // I would like to see a healthy pullback and confirmation at 52600's before pushing to retest this earlier week's highs ---PLAY INVALIDATED UNDER 51500---
Here is a confirmation of my analysis on BTCUSD that I posted yesterday. You can take a look at it below. Price has successfully broken out for neckline, hit the 3rd take profit at $52,000. The 4th take profit at $55,000 is our next target. If price break the resistance level at $55,000, then we go long to $58,150 as our fifth take profit. What do you think?...
possible definition of wave 4 or long-term triangle formation
Bullish Cup & Handle Pattern forming on Daily & 4H Chart showing strong signs of a continuation pattern back to the upside. Daily Candle has opened up Bullish , 10% Gain from here to 100% Fibonacci level (ATH) @ $58,736. Further confirmation of a huge move for BTC by the Triple Top formed at the key resistance 78.60% Fibonacci level. BTC break out of key...
A double bottom and test of the great support. Time to accumulate between 42k-47k$ .
Bullish Cup & Handle Pattern forming on Daily & 4H Chart showing strong signs of a continuation pattern back to the upside. Daily Candle has opened up Bullish, 30%+ Gain from here to 127.20% Fibonacci level @ $66,530. Further confirmation of a huge move for BTC by the Triple Top formed at the key resistance 78.60% Fibonacci level. BTC break out of key resistance...