In short, this is the analysis
Which took me about 4 hours, to accurately determine the points and goals.
====
The bullish wave from 38200 is a sub-wave and we will return to the downside again
The last bullish wave from 38200 will be its target
Between 41152 = 40759 no more
And if there is any increase, the wave will not exceed 42642 as a maximum
==========
Then we have the downside wave and its target will be at 36825
From this point it will be a good and strong bullish wave.
----------
Not financial advice
Good luck everyone
MONEER 618
Which took me about 4 hours, to accurately determine the points and goals.
====
The bullish wave from 38200 is a sub-wave and we will return to the downside again
The last bullish wave from 38200 will be its target
Between 41152 = 40759 no more
And if there is any increase, the wave will not exceed 42642 as a maximum
==========
Then we have the downside wave and its target will be at 36825
From this point it will be a good and strong bullish wave.
----------
Not financial advice
Good luck everyone
MONEER 618
Note
This is the internal structure of the wave from 48,189 so far and this is a hand drawing and not a program drawing, this conforms to Elliott's laws:
According to this chart, we didn't quite hit the target, we have one last downside wave before the bullish wave
According to the humble seer,
So far, the lowest point reached was 37702
Our target is 36825.
We have $877 left to reach the goal
Target should be achieved at 36825
Moneer's analysis should be respected
hhhhhhhhhh
Note
Write me your opinion on this analysisNote
What made me number the wave from 48189 so farBecause I've seen a lot of analysts rely on software for waveforms
========
Let me give you some advice.
To know if the numbering is correct or there are some errors, the price action should be compared to the MACD indicator and the divergence between the tops and bottoms between the price and the MACD indicator
1- Wave A B C We have a difference between the top or bottom of A and C
1- The five-wave contrast with the fourth and fifth waves with the MACD indicator
Here the type of wave is determined, is it a flat flat wave or impulse a pentagonal?
The picture is now clear
And here from 48,189 so far, if you look at the bottom of wave A at 38536 and the bottom is now 37700 or to 36825 as I said, that would be the bottom of wave C
Here, look at the MACD indicator, you will see a positive divergence
So it's a flat wave a b c
5-3-5
it is very Simply
hhhhhhhhh
========
After this explanation, you will know that you are at the end of a downtrend and that an uptrend is following.
Guide
1- Elliott Wave Analysis
2- The positive divergence that is now forming on the MACD indicator, as I indicated to you
------
Who's talking about low numbers now I find it hard to believe
Especially if the auto numbering is set without knowing that the numbering is wrong.
The wave from 48,189 until now is wave 5-3-5 A B C
And you can try to apply the words you said to the chart, then think whether this talk makes sense or ignore it
Hahaha
Note
So far, we have tried the first point in the analysisAnd we said 41152 = 40759 no more
The peak was at 40,797
---------
The current rise, we set two points and before forming the last bottom at 37702, which are 38718 and 39144
And now the price is between these two points and the highest point was 39221
========
And the target I expect is still at 36825
========
What do you think of the analysis and points so far?
And if it reaches the point 36825
I want to be nominated for the award for best analysis, guys
Note
The rising wave from 37702It is referred to as the fourth wave, which is about to end
Target area from 39777 to 40081
So far, the maximum height was 39853
Note
Tell me what do you think of the analysis?Hahahahahahahaha
Note
Note that this area is the gray area
Trade below 38718
The first target will be 38333
The second 37702
Then to 36825
========
Climbing above 39,352 completely ends the idea of descending
So you have to focus completely here
======
Is the speech clear?
The analysis is the same, and this is wave B, followed by a fall. That was our analysis and we still have it.
In anticipation of any sudden move to change the subject. You have the full picture.
========
The current decline has weak liquidity, and this means buying and not selling with the descent
Note
There is nothing new in the analysisFocus on the downward target at
36800 to 36436
=========
Thank you to everyone who commented and liked the analysis
Note
This is an illustration of the movement of Bitcoin and expected during the coming period.Good luck for everybody
So far the analysis is 100000000000000000000000000%
Note
I think the downside wave is not over yetAccording to the last chart, we have the last fifth wave of wave C. Wave
Specifically target between
36825 - 36420
After that we will have a strong rise and a new wave
==========
According to Elliott waves
According to the numerical analysis developed by the analyst MONEER 618 at the top of the page
===============
The lowest point so far was 37,386
And moneer says 36825
I mean, I have a difference of 561
And I don't give up
it is will going to 36825 = 36420 BTC
Do you bet me
hhhhhhhhh
Note
Current resistance 38149.5
It scored the highest point so far 38,165 points
In my opinion, we are not supposed to watch 38175
In other words, the current high at 38,165 may be the top of the fourth wave and it has ended at this point
If there is anything new, I am with you in the immediate follow-up
Good luck everyone
Note
wave B . correctedMinimum 38.2 to 61.8% of wave A . length
61.8% at 39231
32.8% at 38526
=====
A change in the shape or structure of the wave after rising above 38175
I was not alone near the computer
to update
Now I'm busy in about an hour I'll be with you
For this development I cut off the meeting with the family to send you this update
good luck for everbody
Note
I still thinkBitcoin has not finished its downtrend yet.
Bitcoin drops to 36800 to 36420
It is not an invitation to buy or sell
Note
A question to think about: Why are other currencies not responding to the rise of Bitcoin?write your opinion
Note
Stop loss:Who is inside Bitcoin at 38526
Note
This is very, very important:I want to explain to you what is meant by area
36800 = 36420
This area is very important for Bitcoin and it is the expected price reversal area:
This talk is very, very important to be aware of what happens if this area is broken strongly and trading is less than it with a daily candle
100% we will drop less than the previous bottom at 32917
===
Therefore, it is important to stop and rebound from the 36800 to 36420 . area
It is a very strong area
This talk may not be present in the event of reaching this area
Therefore, it is necessary to warn
Is the speech clear?
Note
I asked a question a while ago and no one answered me?( A question to think about: Why are other currencies not responding to the rise of Bitcoin?
write your opinion )
Note
I think we will have a final bullish sub-wave left in Bitcoin, then the decline will occurNote
This Bitcoin Rise is Rise of Selling, Not BuyingTherefore, it was sold on other currencies, in the way you see it
Note
The most important point now we have as support 38149Note
Quick and urgent analysis
So far, we consider this ascent as wave B of wave C
Wave B has achieved 90% of the length of wave A marked in blue at the 39,000 level.
In addition to a very stubborn resistance at 39149
In addition to the rise in liquidity at the top and the start of the decline
In addition to the price reaching the middle line of the broken ascending channel
So we often reach the top of wave B
=======
This analysis will be canceled if it rises above 39149 with a 4-hour candle
Note
This point is amazing 39149Hahahahahahaha
Note
The waveform has changed at the previous peak at 39167. It was broken
Where the summit was a little while ago 39,182
======
There is a difference in the peaks between the trading platforms
=====
This does not change until now that we are bearish, as the lower bound of the C wave is the upper bound of the channel or a little before it, and the upper bound of the channel is approximately at 39288
And not exceeding this point or descending before it confirms that it is the flat wave A B C
========
To cancel this hypothesis by exceeding 39288 with high strength and flow
=====
So we have a strong area between 39149 = 39288
If we cross this area we will go to about 41 approximately
If you don't pass it, the goal will be 36800
So it is a very very sensitive area 39149 = 39288
So it was a force to sell in this area
Note
The wave is supposed to be completely over and soon we will landNote
The end of the rising waveTrade closed: target reached
The goal was reached and my warning was in placeTrade closed: target reached
Congratulations on the analysis100000000000000000000000000000000000000000000000000000000000000000000000000000000%
Note
The analysis is really amazing
I hope everyone has benefited from the analysis.
The numbers are very special
It is the result of my work, my experience, and the development of my analysis tools.
This analysis is based on tools I developed myself.
special digital method
hahahahahaha
So far, the minimum is 36514
At the level determined between 36825 = 36420
=====
If you like the content, don't forget to like and comment
Good luck for everybody
Note
Bitcoin has reached the big wallet territoryNote
The area is defined from 36420 = 33000This is the big fish area
Sharks
We should see rise from this area
Note
As we said earlier, area at 36420-33000Buying area, not selling area
------
So try to follow the currencies you are working on and determine the good entry point.
For those who don't want to buy from below
You can wait for Bitcoin to rise above the recent high at 40023 to confirm the positivity and enter after that.
Good luck for everybody
Note
If people are optimistic, be the first pessimist
If people are pessimistic, be the first optimist
=====
Now all the news is negative and people are very afraid of the market
This is an indication that we are at the bottom
=============
I say we will rise strongly from these areas and the indicators indicate weak selling operations
With the decline in Bitcoin and other currencies
I expect the upside or reversal zone to be between
35300=32968
And the area of 35300 = 34433 is very likely to be the bottom at this level
=====================
This is for those who love adventure and buy from the bottom on their responsibility
For those who like to make sure of the rise and then enter, they are waiting to rise above the last peak with a strong wave above 40023
===
In short, this is my opinion
===
Many analysts are now talking about very low numbers
Just like what they did at the top, they were talking about very high numbers
This is extreme optimism and extreme pessimism
=
The analysis is in your hands
Managing your money is in your own hands
It is not an invitation to buy or sell
And The market will have the final say.
Good luck for everbody
Note
This is expected to be the last wave of declineLow liquidity in the landing
Note
The lower bound of the wave CFrom 38.2% to 61%
of wavelength A
As it is clear on the chart, it has reached 38.2% at the level of 34400
So stop there
Note
A bullish wave is expected from this point 33323Note
As for me, I will buy at this point 33323It is not an invitation to buy or sell
I challenge myself
Because I'm betting on this point 33323
Note
We expect the target of wave C around 100% of the entirety of wave A
In the case of the regular flat wave model
33323 point equals 100% of the wavelength A
48,189 to 37536
----
So it is expected that it will be an upward wave
It could be a sub or it could be a main one
So this point is the last strong point before opening the door to less than 32917
So it must stop there, because there are strong requests at 33323
For those inside Bitcoin, stop loss must be activated at this level
Breaking this point with a force that turns from being wave C to wave number 3
Note
Just to confirmAs we said before, the positives of Bitcoin
and safe entry
above 40023
Note
Complete the second experiment 33323, as I told you a while ago, this point must be maintained, we are not supposed to go back to this point again.
Note: Any return to this point indicates the weakness and strength of sellers
stop loss 33323
To be the target of the wave at the beginning 34400 = 34800
Note
Just to confirm: any experience for the third time will not hold the point will be broken33323
Note
good nightYou have all the data
And I will go to sleep
Be very careful in these areas because they are very dangerous areas
And I repeat what I said, the safe entry is above the level of 40023
Below this number we consider them as sub-waves. Where do we reach 40023
So it's for professionals only
good luck for everbody
Note
Repeat secure entry after exceeding 40023Note
This model has been canceled due to overshooting the C . vertexRelated publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.