Bitcoin - Time to buy again!I still stand by my opinion and haven’t changed my mind that Bitcoin should reach $73,000. Now let’s analyze this technically. Recently, Bitcoin managed to break this triangle strongly and rose to above $66,500. However, we are now facing a short-term correction that could bring the price down to around $62,000. The price could drop to the indicated support area and then powerfully bounce back up, breaking the head and shoulders pattern, and finally reach the megaphone top.
important patterns:
Butterfly Pattern, Megaphone Pattern, Head and Shoulders .
I can’t believe how quickly time has passed. Let’s take a look at my analysis from 2020 (good old days)
and
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GOLD road map (1h)Gold can reach the top of the channel according to the chart and then move to the demand zone.
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BITCOIN → Bearish Pressure !!!Bitcoin failed to go beyond 67k so the price may fluctuate around $63800 In addition, the bearish wedge shown in the chart can be a negative signal.
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BTCUSDT: Why BITCOIN Remains Bullish and Its Next Potential Movethe BITCOIN is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
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Another Falling wedge !!!EOSUSDT is forming a falling wedge on daily timeframe , Up we go if we do breakout.
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MTROUSDT Analysis - What Shall we Expect !!!MEXC:MYROUSDT
MYRO is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.13 Stay tuned for more updates, thanks.
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DOGE : The prospect of increasing?As you can see, DOGE has created an ascending Triangle and is also located in the falling wedge, which means that if it breaks, we expect the price to reach the target (AB=CD).
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BITCOIN: This May Be Your Last Chance Before Exploding to UpsideAs you can see, BITCOIN has created an ascending head and shoulders and is also located in the Megaphone , which means that if it breaks, we expect the price to reach the top of the Megaphone.
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ALGOUSDT : The prospect of increasing?As you can see, ALGO has created an ascending head and shoulders and is also located in the Falling wedge , which means that if it breaks, we expect the price to reach the target (AB=CD).
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ONE Analysis - What Shall we Expect !!!As you can see, ONE has created an ascending head and shoulders and is also located in the Falling wedge , which means that if it breaks, we expect the price to reach the target (AB=CD).
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The last bullish chance of BITCOIN in short-term !!BTC is attempting to break through resistance of ascending triangle pattern after bouncing off support. Wait for a decisive breakout above the ma 200 to confirm the continuation of the bullish trend . Up we go if we do breakout , also a bullish hidden Divergence (HD+) on MACD which shows Positive Signs for BTC.
The price can increase as much as the measured price movement ( AB=CD ) .
The break out needed for increasing further has not happened but it should happen pretty soon.
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BITCOIN: Find Out Why the Price Has Been Trading Bearish !After breaking the head and shoulders, Bitcoin could not break the important resistance of 61K and this caused the pressure of the bears to increase (the divergence shows this well) and the price decreased. We expect the price to decline until near 57K and after that I expect the price to rise again.
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NOTHING !!NOTCOIN is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.0013 Stay tuned for more updates, thanks.
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TON : The prospect of increasing?BINANCE:TONUSDT
As you can see, the price has risen after reaching the support level, and this could be the beginning of a 5-wave upward movement. The completion of the downward waves (abc) ,increases this bullish signal.
Analysis Summary:
Current Situation:
The price has risen after reaching the support level, indicating a potential bullish reversal. This upward movement could be the start of a 5-wave bullish pattern.
Wave Structure:
The chart indicates the completion of the downward corrective waves (A, B, C), increases the likelihood of a bullish trend, as the market may now enter the 5-wave upward movement.
Potential Scenarios:
Bullish Scenario:
If the price continues to rise, it could follow the 5-wave pattern, indicating a strong bullish trend. This would mean higher highs and higher lows, confirming the upward movement.
Key Levels to Watch:
Traders should monitor the support level to ensure it holds. If the price stays above this level and continues to rise, it confirms the bullish scenario.
Conclusion:
The chart combines support levels and Elliott Wave Theory to predict a potential bullish trend. The rise in price after hitting the support level and the completion of the downward waves suggest that the market may now enter a 5-wave upward movement, indicating a strong bullish signal.
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WOO is Bullish now & many Traders don't see it !!BINANCE:WOOUSDT
As you can see, WOO has created an ascending head and shoulders and is also located in the Falling wedge, which means that if it breaks, we expect the price to reach the target (AB=CD).
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!
FLOKI: The prospect of increasing?BINANCE:FLOKIUSDT
FLOKI is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.000195 Stay tuned for more updates, thanks.
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⚠️Things can change...
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RUNE Analysis - What Shall we Expect !!!BINANCE:RUNEUSDT
RUNE continues to consolidate within a bullish symmetrical triangle pattern.
The ongoing consolidation maintains a bullish outlook for RUNE in the near term👀
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Honestly, I don't feel like explaining, the chart says it all !!The FET is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
Note: we should wait for the breaking of the triangle and than make a move!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
MYROUSDT Outlook after the Dip. What to expect NOW ?MYROUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout. the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 0.11. Stay tuned for more updates, thanks.
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
EGLD Outlook after the Dip. What to expect NOW ?BINANCE:EGLDUSDT
EGLDUSDT is forming a falling wedge on Daily timeframe , Up we go if we do breakout.
According to Elliott's theory, the double combo waves have ended and it means that the price can increase.
Also a bullish Divergence (RD+) on MACD which shows Positive Signs for EGLD.
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⚠️Things can change...
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POPCAT → Bullish Pressure !!!the POPCAT is in a ascending triangle now which means the price will increase and also It is expected that the price would at least grow as good as the measured price movement(AB=CD)
According to Elliott's theory, the triple combo waves have ended and it means that the price can increase.
Note: we should wait for the breaking of the triangle and than make a move!
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
BITCOIN - Time to buy again!As you can see, BTC has created an ascending head and shoulders and , which has just been broken in the 4-hour time frame and this means that the price can be bullish and I expect the price to go up to the Fibonacci line of 0.618 = 60k . Stay tuned for more updates, thanks
BTC From a different point of view !!!
Previous Analysis
ETHUSDT is Bullish now & many Traders don't see it !!ETH is forming a falling wedge on daily timeframe , Up we go if we do breakout.
✨After the fifth bullish wave, ETHUSDT has completed his corrective waves (ABC) , now it is time to start the five bullish waves and ETH is in the Megaphone.
🔵We have a Bullish Structure here
ETH formed a falling wedge on 1D timeframe🤔
Up we go if we do breakout , also a bullish Divergence (RD+) on MACD which shows Positive Signs for ETH.
✅ Due to the Ascending structure of the chart...
🟢 High potential areas are clear in the chart.
🟢 Bullish Wedge.
🟢 5th waves.
🟢Bullish Regular Divergence(+RD)
🟢Megaphone
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!