Surfthetrend
LAST E-WAVE TO 10.500 USD (SET-UP TRADE) LAST E-WAVE AT 10,500 USD
I simulated the 5th wave impulse by proportioning the impulse with the same dimensions and characteristics as the final section of wave 2 of the main cycle. (In my opinion it represents the pole of the bull-like flag)
At this point the key levels become the references in the triangle marked in orange (abcde) by and. the impulse that represents the 5th and last wave of the main cycle begins.
I had a hard time imagining how the price can break the 9500 USD barrier and this seems to me the most plausible simulation.
Basically, wave 5 of the main cycle represents the flag pole of the flag.
Why do I think of a Bull phase?
We are in the upper part of the trend channel, the market is strongly bullish, the signal from the hash tapes indicates an advantage for the miners and also, only on 5/05/2020, about 400 MILLION USDT and BTC have been sent on the exchanges .
Secondly, we are at the end of the fifth wave of the main cycle, there are no truncations and the race should continue.
This time the 9.5k shouldn't be scary, the halving is near.
[/ B
Commercial creation:
Impulse wave (Section 5 of the main wave)
Wave 1: 9228 USD (entry)
Wave 2: retracement at 9100 USD
Wave 3: 10,154 or 10,500 USD (admission)
Wave 4: retracement (around the trend line)
Wave 5: if all waves are selected 11,200 USD.
This dream is magical!
BTC USDT, Probably Bearish PennantIt seems that enthusiasm due to the recent decline in historical media is rapidly coming to a halt. The most attentive has not responded to the purchase around 7k USD. I believe that this triangle can predict the new Bearish towards lower supports confirming last week's bearish trend.
A difficult time to venture forecasts, but we'll see.
For me, it's a 70% Bearish.
BITCOIN CAN GO DOWN AGAINIf this weekend BTC falls below the threshold of 7000USD, most likely, it will continue to fall further and the most important supports are at much lower historical values. Today we are in a test of the demand, but I believe that the market demands a lower price.
Let's see how it goes on the weekend.
BTCUSDT, 2 WEEKS PREVISION, SHORT -13% The price chart shows for days a very marked bearish trend channel, constantly lower than the EMA200 level. The most significant in the presence of volumes to confirm or not the reversal of the general trend It is very likely that the value of BTC further falls to lower levels already achieved before, before seriously starting to rise again. However, the nearest supports and in the case of confirmation are 7720 USDT and 7312 USDT_
Timing: 2 weeks
Short Mid Range or immediate sale to:
- 8100/8200 USDT
Then:
- 1. Purchase or Takeprofit (In case of short position via futures): 7719 USDT
- 2. Purchase or Takeprofit (In case of short position via futures): 7312 USDT
#surfthetrend
BTC EUR, It goes down a few more points. BTC EUR, It goes down a few more points.
An opportunity for those who open in Short on Day Trading.
New hidden bearish divergence on the Time Frame at 45m. A sign that we are most likely close to a further drop of a few more points, it would also be in line with the decline in the Capitalization of BTC and the Trend.
We will see over the next few hours.
General analysis framework:
www.tradingview.com
[b]BTC USDT, It comes down a few more points.[/b] BTC USDT, It comes down a few more points.
An opportunity for those who open in Short on Day Trading.
New hidden bearish divergence on the Time Frame at 45m. A sign that we are most likely close to a further drop of a few more points, it would also be in line with the decline in the Capitalization of BTC and the Trend.
We will see over the next few hours.
BTCEUR, Soon a new drop in value?The slight break of the 7.4k support indicates that the horizontal movement of the last few days could change to a new value collapse.
In recent days we have seen attempts at bullish movements but without success.
In fact, it can be thought that the bearish trend will win to confirm the current downhill channel again.
#surfthetrend #trendsurfer #coinbasepro #btceur
Inside the bearish channel - Possible next support to enter longInside the bearish channel - Possible next support to enter long
The downward movement could bounce on the next dynamic support identified by the new bearish channel.
The Collapse is very fast and marked so it could continue. It's bizarre and unpredictable at the moment.
However, it will be a great opportunity for those who succeed in entering the right moment, the one in which the first rebound in the bearish channel will occur.
In November 2018, a 50% collapse occurred, when the SEC announced that it would not accept the Futures on BTC.
Today no one has yet managed to identify valid news and arguments, and although BTC has also entered into the Future, with little success, this does not justify a collapse of this kind.
Difficulty to the stars, speculation on the mines ASIC, high costs of mining. The scenario is chaotic and the market does not seem to like it.
We'll see.
BTCEUR, Coinbase Pro, Buy/Exit Strategy, 3 Days previsionIn my analysis, the downward trend continues.
The second triangle in yellow is the most recent.
If we are lucky in case of descent from the current value we can choose to enter.
To buy (To enter, wait for the dynamic support to be checked)
- Il valore minimo di rimbalzo (per acquistare) è di 8389 Euro +/-
If we have successfully entered, then we can wait for the verification of dynamic resistance at 8886 euros. +/- Take Profit (+/- 5 or 6%)
- If resistance is exceeded and it becomes new support you can sell or maintain the position for subsequent analysis.
I'm back from my break! Are we starting to surf the trend again?
#surfthetrend #trendsurfer
BTCEUR, Ready for 10k Eur in the next daysPossible rise towards 10k in the coming days. Divergence in the widest timeframe and change of trend in progress after today's decline, give me hope in a possible phase of the climb towards a maximum of 10k. In case buy now and sale from between 9800 and 10k. Long position value max. +12%.