(1D) BTCUSD 3-3-5 REGULAR FLAT CORRECTIONTHERE'S A CHANCE BITCOIN MAY GO TO $43000. We hit my nominal target of $56000 three times now during this larger time frame correction, which started at the ATH in March. It SEEMINGLY looks like we got the 'final' bounce off the 50% retracement fib @ $49000. HOWEVER, I don't like the way she's just hanging out mid-air between trend lines. This typically gives me the indication that the move isn't over just yet. I've updated my wave counts; looks like we are dealing with a 3-3-5 REGULAR FLAT PATTERN, which may terminate around $43000 nominal, which coincides with the next available support trend line and 61.8% retracement fib. Let's see if this thesis plays out. Just a bit more pain left until we see upside impulse again towards ATH's. Be patient and hang tight! IF that support doesn't hold, we are going to mid-30K.
Regularflat
Gold. Building its flat/base with footing @ 1680. 9/ July/22Gold most likely is forming a “regular” flat pattern ( where wave “B” “Cyan“ retrace > 90% of wave “A” “Cyan” And wave “C”” Cyan” about the same length of wave “B””Cyan”)... AND building its “base” with a “footing” @ around 1680.. “ The whole foundation “ of “the base” might take 2-3 years more to complete with “last piling “ @ around 1540. Before “ launching “ its sky rocketing “rally” above 3000.
MATIC Analyze (Counting waves) !!!I want to publish my analysis about MATIC (MATICUSDT Timeframe 4h ⏰) on Tradingview (First time). Also,❤️ Matic ❤️ is one of my favorite Coins.
Location : MATIC was able to pass the Main wave 3 at 2.7$ . Now, MATIC is running at Main wave 4 , and we have to find the end of microwave C of Main wave 4. The end of microwave A of the Main wave 4 was 0.74503$ and The end of microwave B of the Main wave 4 was 2.43832$ . where is the end of microwave C of Main wave 4 ❗️❓
For answering the above👆 question , I have 2 scenarios :
Scenario 1 : When price arrives on our contracting triangle's lower line, if price increases and makes the start of our Main wave 5. So the end of Main wave 4 will be around the lower line of the triangle. pay attention, even price can go up from now and it breaks the upper line of our tringle.== Our Corrective Structure will be Contacting Triangle (3-3-3-3-3) .
Scenario 2 : When price arrives on our contracting triangle's lower line, if Price can break the lower line of the triangle, the price will go down until My Targets⛳️ 1-2-3 (Probably) and my targets will Specify the end of the Main wave 4.== Our Corrective Structure will be Regular Flat (3-3-5) .
Target 1 : Around 0.9679$ ( 88.6% Fib microwave A ).
Target 2 : 0.80564$ until 0.74503$ ( 100% Fib microwave A + Monthly Support 1 ).
Target 3 : 0.49088.$ until 0.48335$ ( 113% Fib microwave A + 100% EXP Fib microwave A ).
Resistance zones on MATIC's way (Respectively):
Resistance zone : 1.77$ until 1.72$ ( Resistance + Monthly Pivot Point ) == Medium Resistance
Resistance zone : 1.95$ until 1.90$ ( Resistance + Cluster of Fibs )== Medium Resistance
Resistance zone : 2.37$ until 2.28$ ( Resistance + Cluster of Fibs ) == Medium Resistance
Resistance zone : 2.70$ until 2.64$ ( Resistance + Cluster of Fibs ) == MediumResistance
My Suggestion : Pay attention to Scenario 1 and 2 and try to find the best Triggers for buying this amazing Coin.
Do not forget to put Stop loss for your positions (For every position you want to open)
Please follow your strategy , this is just my idea, and I will be glad to see your ideas on this post.
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Good luck