btc updated price analysis bullishbtc updated price analysis bullish
price will go up i think there are 2 bullish patterns and good support at 22100
Bullish Flag
Bitcoin BTC - New bull market just started! Elliott Wave + Wedge
The price is currently above 22 000 USD and we have had a capitulation wick to 17 600 USD to kick out high leverage traders.
I do not see any reason why bitcoin should not respect the previous all time high support from 2017 (around 20 000 USD)!
Bitcoin on the weekly chart is currently sitting on the main support: Previous 2017 Swing high + 0.382 FIB + ABC correction completed!
The price is forming a falling wedge pattern, which is definitely a good sign that can lead to a new bullish trend.
As per my Elliott wave analysis - ABC correction (ZigZag 5-3-5) should be completed successfully and we can start a complete new impulse wave.
Only Bitcoin is a safe bet for the longterm. It's the best store of value and altcoins are awesome for short-term to mid-term massive gains.
I expect tremendous pumps for selected altcoins, you can find them in the related section down below ↓
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TOTAL crypto cap - New bull market! Bull flag + Elliott wave
We have a tremendous confluence to buy cryptocurrencies for a long term at this moment!
It is a common thing to test the previous all time high (in this case from 2018) on the weekly chart.
200 moving average is considered as a strong support by huge instituions and hedge funds and bulls successfully defended this area!
0.382 FIB retracement is also a noticable support level on the LOG scale.
As per my Elliott Wave analysis - ABC correction has been completed on the macro scale and now we are ready for another bull market!
We have a falling wedge or a bullish flag - noticeable patterns on the weekly chart.
Look at my ideas about interesting altcoins in the related section down below ↓
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Moment of Truth- Will $BOND breakout of bull flag & continue up?After yesterday's huge price movement, a retracement was definitely to be expected. We've formed a pretty solid bull flag on the hourly and we're just about done working out way through it. The price is pretty bottomed out IMO, so there really isn't anywhere to go but up unless we trade sideways instead..
*Not trading advice
KAVA short term possibilities KAVA short term possibilities
there are resistances as well look for the break out
not a financial advice
LTCUSDTPRICE ACTION:
• A steep upwards price action initiates from (1) till finding first resistance (2), creating the flag's pole.
• Price action reverses direction from (2) and forms lower highs and lower lows in a narrow flag formation till it finds the lowest support in the formation at point (3).
• The pattern is completed when price action reverse direction from the last touch to the lower flag border and goes upwards till it breaks the upper border at point (5).
Bitcoin Bullish pennant?Neckline still not broken, under resistance of the upper channel, bullish pennant possibly in the making while consolidating under the channel high.
Would not want to stall too much here as I think in that case we'll break down back into the channel.
Let's go bulls! Still need to break that neckline imo.
Bitcoin BLX - Elliott wave since 2010 + Trendline still holding!- On the monthly scale there is a holding trendline with 3 touches established in 2015!
- The price is currently sitting on the trendline, so it is still very bullish at this moment.
- If we take a look at the RSI indicator, we are exactly in the buy zone.
- As per my Elliott wave analysis - we are in the massive wave 3 as you can see on the chart.
- Bitcoin is above 20 000 USD and above previous ATH from 2017 - again very bullish .
- We are currently above 50 monthly MA - holding since 2015.
- With my conclusion Bitcoin is a strong buying opportunity at this level.
- Look at my ideas about BTC .D and TOTAL crypto cap in the related section down below ↓
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Bitcoin BTCUSD - Complete Elliott Wave + Falling wedge! (weekly)- I do not see any reason why bitcoin should not respect the previous all time high support from 2017 (around 20 000 USD).
- The price is currently above 20 000 USD and we have had a capitulation wick to 17 600 USD to kick out high leverage traders.
- Bitcoin on the weekly chart is currently sitting on the main support: Previous 2017 Swing high + 0.786 FIB + ABC correction completed!
- The price is forming a falling wedge pattern, which is definitely a good sign that can lead to a new bullish trend.
- As per my Elliott Wave analysis - ABC correction should be completed successfully and we can start a new impulse wave.
- If we check the MACD indicator, we can spot a bullish divergence and the first bullish tick on the histogram!
- If this Elliott Wave analysis is wrong, then anyways we should go back to 28 000 USD to retest the 0.618 FIB level + trendline of the wedge.
- Look at my ideas about TOTAL crypto cap and BTC.D in the related section down below ↓
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Tron TRXBTC - HUGE Breakout! Channel + 200MA + Elliott Wave!- Tron is currently one of the strongest altcoin on the crypto market!
- On the weekly chart we can spot a descending channel , that has been destroyed by the bulls.
- Also we can see a broken ymmetrical triangle, which is definitely a great sign too!
- 200 weekly MA is considered as a massive support by huge institutions and the price is currently above the level!
- We are currently in the Impulse Wave (1-2-3-4-5), so it is the best time to buy right now.
- Next resistance is the previous all time high from 2018.
- Look at my ideas about another interesting altcoins in the related section down below ↓
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Golem GLMBTC - Huge ascending triangle! + Breakout soon- On the weekly chart we can see an ascending triangle - the most bullish pattern!
- Great opportunity to 24x your capital in upcoming weeks/months.
- If we take a look at the volume indicator - bullish volume is definitely higher, which is great.
- The price is now above the 200 weekly moving average. This MA is considered as a strong support by huge institutions.
- Look at my ideas about another interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
EU bullish to 1.036Hello Good Traders
well here we go up again with we found a good point with so much conformation points by big players put order at 1.028
the first target 1.033
the second target 1.036
well i hope it useful idea to all traders
Enjoy your time
thanks
AutoFarm AUTOUSDT - Record Volume + HUGE Channel + Elliott Wave- On the daily chart we can clearly spot a descending channel , which is very close to a bullish breakout!
- If you take a look at volume , we have a massive bullish volume spikes - always good to see.
- 200 weekly MA is actually acting as a resistance, but if the channel breaks up, then the MA will too!
- Due to my Elliott Wave analysis - 12345 Impulse wave should be completed and now are expecting at least a retracement to 0.618 FIB.
- Look at my ideas about another great altcoins in the related section down below ↓
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EU/US take buy position 1.041Hello traders
Good opportunity take buy position 1.041
go up 1.049 happy trading time
thanks
Bullish flag ahead- who´s with me?After a long period of consolidation and considering the fundamentals. I think the bulilsh flag is taking full shape and about to explode.
EUR/AUD SetupsHi traders ,This is my vision for this pair if it useful for you don't miss to support me with like and follow ♥️
MATICUSDT Bull FlagHey traders, in today's trading session we are monitoring MATIC for a buying opportunity around 0.63 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Ethereum ETHUSDT - Millennium Elliott Wave + 200 weekly MA!- As per my Elliott Wave analysis on the weekly scale, we have 2 impuls waves successfully completed and now we are missing the final impulse wave!
- ABC correction (Wave 4) can be done, because wave 4 should not overlap the first wave.
- 200 weekly moving average is currently acting as a very strong support!
- Also the price is currently sitting on 0.786 fibonacci retracement.
- If you take a look at RSI indicator, you can spot a bearish divergence from previous waves, which helps us to identify the Elliott wave structure.
- Looks like the bear market can be over and we are ready for another massive bull market!
- Check my related analysis for Bitcoin down below!
INDUSTOWER LONGIndus tower forcefully trying to break long term resistance.
As per my setup expecting breakout and boom
Concentrate and trade with proper riskmanagement.
All levels marked for educational purpose
GBP/USD Long Hi Traders, pair within a bullish flag if a price broke a falling trend line and close above 1.23100 i expect rise to 1.24400
if you like the idea, do not forget to support with a like and follow❤️
GBP/NZD Long wait to broke the resistance and stability above it with 4h candle at 1.9500 to confirmation
USD/CHF 1H MOMENTUM JUNE, 20 2022In my analysis on June, 20 2022. 1H USD/CHF create bullish flag and it will break the structure of the flag, the price will go up as shown on the images. Now i standby for entry.
