Hello. Returned to the original version with a triangle, but with a possible reassembly. 1) Going down, everything is clear: the wave (iv)-red is completed (alternatively, it is already completed - orange) and plunges farther down. There is a nuance: 5 wave can be like a simple quick impulse (relevant news background may appeare), as well as a long saw in the...
Hello. The local decline is almost completed, further the correction in the wave 2-black could follow. While there are great chances for a bottom test below 6000, however, it seems as the end of the 5-wave (i) - (v) in the wave c (circle)-red in the triple a-b-c (circle) - red, which is part of the wave 1-black in the possible final diagonal triangle-black. Also,...
Price showed another upward impulse, giving correction tonight. There are 3 options on the agenda: 2 for bulls and 1 for bears. 1) (light-blue), the price formed the i-blue wave, and now the iii-blue wave is starting to form: current purchases below 7400 will stand and go further; 2) (blue), the price forms the input wave i-blue in the form of a wedge with an...
Price completes the local wave (c)-blue in the wave b-red. A downtrend in the wave c-red is expected to continue.
Since yesterday, little has changed. The price slowly decreases in the local wave (B)-blue, in which the triple with the finale diagonal triangle in the wave (c)-red. As well as yesterday I expect a pitch in the wave (C)-blue, and following decline in the wave C-red may continue.
The price is slowly pulled into the basement, hinting at a possible "long" homocide. There is nothing much to say now. Looking at future events, can't find nothing super hype: boring. Black option target (assuming earlier completion of the triangle in (B)-black) is the area of 2500-1500. While blue option target starts from 9000.
Yesterday, the price marked the local bottom faster than it was expected. The correction from 10,000 looks complete. Perhaps buying a little is worth it. Also, a critical scenario was added: early ending of the triangle in the wave (B)-black and the plunge in the wave (C)-black, which is marked at the bottom of the graph, and possibly will take a form of (I) -...
The price catches its breath in the wave IV-red ((c)-red wave). After another round of decline, the market may recover: pessimistically to 9000 area, while optimistically - above 13,000 in midterm. Locally, you can try selling with a stop loss above 8000; on condition of working out the orange zone before another micro growth.
Due to the yesterday’s sharp plunge the short play was not possible. The local bottom has been updated; moreover while the price falling out of the range, and the model by its’ decline nature reminds the wave "c", looking for sales is not as interesting as it was yesterday: stop losses are too high. Recently I’ve studied the logic of the last 3 months, as well...
There are still options where the decline continues within the the correction model framework (or another). However, this doesn't mean that it's not worth buying. The risk in the market is always present. The question is the correctness of personal money-management. You can try to buy with short stop-loss at the top of the 1-blue wave. In case the stop loss works...
BCN has all chances to grow very well, but there is a fear that the model could consist of triples, which will result in a price dump in 2108. The main level of the stop of the cycle of strong growth is 0.0028. If the price breaks, then by the end of next year there will be a flat in the declining range of 0.0024-0.0015, after which a new price can reach 0.012.
Wave 4 (purple) presented a "surprise" for many. As a rule, one who is not ready for such situations, in fact, expresses his thoughts in actions: "Ugh, pla falls! I will close!". There is a discharge of the previous impulse, which developed without correction, and the price starts an upward movement further. Now a new impulse subwave is forming. Recklessly climb...
The price is close to the critical point 5400, the breakdown of which will lead to the refinement of the markup. The bitcoin market is in the supposed wave 2 (black), in the composition of the intermediate upward momentum to 6800-7000. As well as yesterday we expect the market to grow to the goals. We do not exclude that our assumption, regarding wave 4 (violet),...
Yesterday, we painted a possible 1 wave (black) in the form of a wedge. We have defined its boundaries. Correction wave 2 (black) may still last for a while, and a place for a good purchase has already been formed (for those who are out of the market). In the near future, we expect the growth of bitcoin, but we do not exclude any surprises with a failure below.
It seems that wave 4 (violet) has ended and at the moment a new impulse movement towards growth is beginning to gain momentum. Yesterday, the level of 5420 did not finish the price and we, afterwards, entered 5500 after a small impulse and local consolidation. Those who want to buy "pennies" can now enter with Stop Loss at 5400.
The picture from the last day has not changed. Everything goes according to our plan. At the time of writing, the formation of the C wave (black) in wave 4 (violet) went. We expect the market to decline to 5420. At this point, you can make a purchase with a short Stop Loss.
Hello. So far, we have removed the markup with a large correction and left only a bullish version. According to our calculations, we are in 4 wave (violet). Its character can be similar to a shallow 4 wave (black). The price can touch the level of 6000-6100, complete wave B (black) and go down sharply, work out the correction level 5300 and the channel...
Hiyp continues to live and grows further. In this situation, it is difficult to say that there is common sense in the market. We specified the markup and assume that from the new excitement the price can move above 6000, but still sober in judgments and keep your hand on the pulse. We expect the price to rise to 6000-6100, after which we will do test purchases on...