lucian136

lucian136 Updated 

The BTC chart on the high timeframe shows clearly support at 30000USD and resistance at 42000USD. The EW count shows an ABC correction. My personal count is this would be the wave 4 of the entire bull market wave. We still have one more wave up for the wave 5 to potentially 100 000USD. On the lower timeframe BTC chart on the right. The price is neutral which is...

lucian136 Updated 

I bought here at 0.618 of previous pump.

lucian136

The BTC daily closed above the 200MA. Daily Histogram start to recover. The chart looks like ABC complete. The bullish trend will only be confirmed if 42000USD is broken. The next resistance is 48000USD in the 0.618 fib retracement.

lucian136 Updated 

The BTC price action is facing a resistance at 42000USD which was the previous support. The price needs to break here for further upward actions. In the meantime, we see an ABCDE leading diagonal completed. The possible correction if the price breaks the trendline support is on the chart. This would be a correction before the next leg up. The case is not...

lucian136 Updated 

Bitcoin has dumped as per previous analysis to 42000USD This point is the 1:1 extension completed. As long as 42000USD hold on higher timeframe. There is still a chance for the bull market to continue. Stop loss below this level is recommended.

lucian136 Updated 

The daily closed in a bullish price action 1. inverted shooting star 2. closing in green with volume 3. doji at the bottom of the trend 4. closed above the leading diagonal trendline bottom. We need to confirm this bull trend and confirm this is the bottom if today close in a recovery candle (green)

lucian136 Updated 

The chart is looking like a leading diagonal. The price bounce off the symmetrical triangle in the chart below indicating a short term bullishness. However this could be the last wave going up to 60 000USD below a big dump on the market. Bullish case - we break 60 000USD on the daily timeframe and this would break the leading diagonal pattern and confirms bull...

lucian136 Updated 

There is a bullish divergent on the 1H Bullish case - we test and 58000 USD area to resume bull trend. Bearish case - we break down the symm triangle and further downside. Right now, the price is neutral - waiting for confirmation upon breaking the triangle pattern.