BTC/USD Triangle in play? variation #2As I've mentioned on my stream, a breakdown below the current wave C low at 32933.33 just invalidates that particular triangle. There is the possibility that another triangle could be printing in that scenario as shown in this chart. Wave C could still be in progress. However, it would need to reverse prior to the wave A support at 28800. Breaking down below that level will invalidate all the triangle scenarios.
This only becomes possible if price breaks down below 32933.33.
Elliottwaveforecasts
Bitcoin 💵💵💵😊💵💵💵Bitcoin just moved exactly as we predicted based on our previous post 👇
So far we are in a correction of wave (1) and we're expecting bears to be in control all the way down to 19156 zone. Then bulls will definitely get on board to ride the all the way up 121652..
Please, don't miss the next coming bulls move, as this will the longest bulls move after wave 2 correction is completed.
Remember this , Bulls need more gas to take control of wave 3.
Wishing you all the best...💵💵💵😊💵💵💵
Predicting the stock market crash.In 2019, I predicted the stock market crash with the link here:
Then, in Jan 2022, I predicted the drop on the top of SPX500 ,
Now, I am updating on it that it will continue to drop and sticking to the bias as monthly closing bearish .
I would be waiting to buy stocks when it bottom !
APE 3 NEXT MOVES PREDICTION BASED ON ELLIOT WAVEIf there is one thing I love about APE it is the way it respond to Elliot Wave analysis.
Wave 1 ending at $17.298, wave 2 respected the Fibonacci retracement level of 0.786% at $9.505 then consolidated forming the a,b,c,d,e corrective Elliot wave 2.
After breakout we see the 1.00% Fibonacci Extension perfectly at $19.580. (now this is where the trap occurs most time this level are not perfectly respected they tend to poke out a bit) and that is why I have set a tight stop loss above $19.580 but I am confident based on how APE has been respecting these levels perfectly.
And yes this is what I love about APE!
Furthermore the next retracement downward (you can take a short position at set target at ($17.150 - .120). If APE continue to behave nicely as it has been doing then we will see upward movement from ($17.150 - .120).