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KEY

BTC confirmed forming a botttom - BTFDThe beauty of elliott waves is not only in their invaluable analytic tools but also in their trading methology. They tells us that previous W4 area acts as a support/resistance. When price action breaks this zone it often suggets that the trend has changed and reversal is more likely. This indeed happended recently on BTCUSD. Price action exceeded the prevous W4 termination point (In this case it was the end of wave E of triangle). It was rejected from strong 42k resistance but since we got the confirmation any pullback can be perceived as BUY THE FKING DIP. Momentum of the pullback is lowering which may indicate that reversal is near. We are also above POC and Daily MA21. This confluence provide us with a high-probability setup. I do not want to see prices below 34k. If we drop below I will start considering alternatives count but for now this count is the most likely. Keep monitoring the situation and adjust accordingly. Remember, price action knows the best. It is the current opinion of all market participants.
COINBASE:BTCUSDLong
by Tradern53
KEY🔑 - SELFKEY update - more short term targets mapped🚀As anticipated, KEY continues to absolute dominate the charts. Months and months of consolidation at a relatively stable level acts like an elastic band in these situations - storing up buying power as accumulation goes on, until it finally *SNAPS*. This much volume on this low of a market cap is always going to lead to crazy gains. And fundamentally - everything is quite on point so far; no real deviation from plans. Combined with the obviously bullish technicals everything is pointing to this being a very profitable run from KEY. More short term targets mapped but realistically we could see .3 area before too long with this much buy pressure.
Long
by cryptosince1963
13