shewchenkoandriy

shewchenkoandriy

Looks like we're in a double or triple zigzag now.

shewchenkoandriy

BTC wave analysis - local picture (15m). Formation of double (or triple) zigzag correction.

shewchenkoandriy

wave analisys on 15m timeframe. Wave C targets displayed

shewchenkoandriy

Ending expanding diagonal with 1st wave extension on BTC. Wave 3 looks like a double zigzag. Please correct me if I'm wrong

shewchenkoandriy

Wave A - impulse from 38650 to 44200 Wave B - triangular correction Wave C already surpassed 0.618 and 1 of wave A. Target - 1.618 of wave A (51000)

shewchenkoandriy

BTC is drawing H&S on 15m timeframe and trendline is already broken

shewchenkoandriy

Take a look at at fib levels I drew over latest bearish impulse on BTC (4h). Wherever you look at a chart you can notice price either reacted from this levels or stayed in consolidation between two of them.

shewchenkoandriy Updated 

BTC broke support line of rising wedge figure from my previous analysis. If you want to enter now, SL above 0.5 level (45383), but I recommend waiting for retest. Target 1: 43484 (major structure level and 0.618 of previous bullish impulse) Target 2: 41468 (base of rising wedge)

shewchenkoandriy Updated 

On 4h timeframe ascending wedge figure can be spotted with potential at $41200.

shewchenkoandriy

Expect reaction from level 1.618 (48683) with succeding return to level 1 (44500)

shewchenkoandriy

After a uptrend since october, there is potential head and shoulders figure on DOT. See how 0.5 by fibonacci is lined up with a neckline.

shewchenkoandriy

In addition to my previous post, price is currently testing a neckline. Penetrating will mean cancellation of head an shoulders figure.

shewchenkoandriy

After lengthy uptrend I spotted a head and shoulders on 1 day timeframe with potential up to 33k. Don't suggest to enter a position right now, just await for breakout or cancellation.