btc 12-11 updatemorning,
overnight move looks really weak, unsupported by any volume what so ever.
looks like a short raid in my honest opinion - before continuation to the downside.
we need to break above 51972.93 to invalidate this bearish idea.
push through mentioned level, and that's when buyers would step in to take this to the next big level of 55k.
until we take out this key level, i've gotta lean towards more downside from here.
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have a great weekend 💸
👇
Xbtusdt
btc 12-10 updatemorning,
taking a closer peak at the current extensions we've got going on within the current impulse, and i've to lean into more downside than most are currently imagining.
majority think the bottom is in, and we're going to 100k from here 😬
don't be that guy lol.
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sticking to original plan \ looking for the bottom to be in closer to feb\march in the low 30k range just based off fib channels, time ratios & the count before my eyes.
i'm not bearish what so ever to anyone wondering, this is Extraordinarily bullish if you've been following along.
once this bottom is in, we're going to 151k - mark my words ;).
btc 12-9 update v2. (bear trap?)Nice little trap today, but it isn't going to deceive me.
our system is picking up a 4H algorithmic buy down here; which is a pretty huge signal that's going to launch this in the hours ahead.
Might look a bit scary right now, but I'm longing this and not looking back.
Targeting anywhere between 53~55k on this next push up; potentially to play out a larger zig-zag (5-3-5).
Jumping back into Avax too; the rest of my picks from earlier looked a little weak during that dip for my taste.
december 14th will be the dayWhoops, I accidently posted this as a private post this morning Lol.
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morning,
quick update to yesterdays post,
looks like we started to play out the alternative scenario after rejecting the 0.65 algo on that scam move up yesterday - i called out an exit on my long right at the peak of that move (within yesterdays post), and have been waiting patiently ever since to re-enter into anymore positions.
i think we have a really good candidate here for a flat wave 4 (w-x-y), and it's most likely going to take a little time to play out (5-6 more days), before the real fun begins - aka -> the leap of faith.
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stay safe ladies & gentlemen 💸
ftm swing ~our indicator is picking up a nice buy signal right here in this lower region ~
ftm looks solid for a swing from this local golden zone --> to the 0.618% extension.
it can certainly go higher, but i'm out at the first sign of weakness.
if you take this one with me, keep an eye out for my exit, or just move your stops up as it goes.
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buy - 1.466
target - 1.70
btc 12-8 update ~morning
btc is sitting down here in the local golden zone after a 3 wave move down; currently at the bottom end of this little channel we've created the other day.
our indicator looks decent for a little push up, but i think it'll be short lived.
my upside target on this little swing will sit just above 53k, which will be a very high area of liquidity for shorts, as well as a vortex of confluence as talked about in yesterdays post.
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wave C target = $53,482
btc 12-7 update~Good morning peoples,
One of the mods didn't like my btc update post from last night, and took it down. Still not entirely sure why, he's never even responded to me.
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anyways,
Btc is currently in a daily squeeze, and it's pushing through every technical level I had envisioned for it. This is common during corrective phases, as the market works it's way up to the level it wants to reach before breaking.
If this does play out, I'm looking for around 52.5~53.5k as my next area for a short attempt. This area has a massive vortex of confluence, and if it's going to reject anywhere, it's going to have to be from there.
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Pushing through this area & holding + consolidating up there for a few days could signify that the bottom is indeed in, and we have completed our primary wave 4 correction through a running flat.
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If we do have one more leg down to go, I'm looking for anywhere between 37~34k as the local bottom for our expanded flat target.
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no confirmation = no positions for me. patiently waiting from here.
<a moment of silence>taking a peak at the chart this evening, and it looks like we've got a few more legs to go before some kind of bottom is in.
the short term bull case has been invalidated, but the larger bull count is still in tact (for now).
i've talked about the primary wave 4 not being in for quite a long time, but i had pretty much given up on the idea until tonight.
crypto winter is a real thing, and i think that the winter is only getting started.
👇
12-2 btc update ~after a lot of thinking, i think we're still in a complex corrective phase. chances are, it is going to go on for at least another 30 days give or take.
my upside target remains the same for the longer term projection, but i have reason to believe we see a deviation of course before making that run.
everything points toward a 48~50k bottom to end this year, but not before one final bull trap :^).
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for this swing here, i'm looking to long the mid 55k range -> 61k
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🌟BTC👽Super Long🌟Good morning,
I'd like to start this off by saying-
It's not that I am bullish from here, I'm extremely bullish from here.
My target in the next 3 months sits at $97,700.
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what made me change my bias, is the amount of fud going around.
everyone is scared, while crypto hangs off the edge of a cliff.
historically this is when i become a buyer, and the time when the fearless wolves make the most amount of money.
do not fear my friends, the whale bros say it's time ✊
🌙full credit to @pejman_zwin on this expanding diagonal idea.
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i'm a big fan of this scenario; here's why.
•december 4th is the new moon - historical sell signal in the crypto community.
•astrology + numerology play a big role in these markets, especially when it comes to dump sessions.
•sub-wave 4 target lines up with about 61k, which is the 100% extension of the recent move up from the local lows, in confluence with the expanding diagonal structure.
•expanding diagonals move in 3-3-3-3-3 - which would explain the unusual chop we're experiencing.
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keep an eye out for this possibility, and expect the unexpected closer to december 4th.
if this does play out,
downside target for the completion of wave 5 into wave 1\A of a higher degree would sit at about $50,000.
btc 11-30 update ~today was a very interesting day, full of much needed volatility owo
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still targeting around 63k, but it's possible that we break at about 61~62k; will see what the wave structure looks like closer to that zone.
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enjoy this mini alt season while it lasts, for what comes next will rock your world.
👇
11-30 bitcorn update :^)wise man once said
sell when everyone is greedy
buy when everyone is fearful
little expanded flat playing out here into what i'm thinking might be a 1-2, but it could very well be an a-b as well.
if it's an a-b, look out below once wave c is in :, )
i prefer the simple zig-zag scenario for maximum pain + maximum opportunity for those who're ready for it;
but i'll take the 1-2 as well.
btc 11-29 update~morning,
this little impulse here looks like a bull trap,
was observing the volume profile, and flow & it looked a bit shady.
good potential we raid the lows one last time before making a move up.
if you took any of the longs i shared yesterday, move stops up into profit, or to breakeven.
expect this if it comes, but know that it doesn't have to happen.
we might just fill the cme gap & continue moving up.
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in my opinion, it's going to take a few attempts to break downtrend.
a cautionary tale ⛔consider this post somewhat of a warning, a scenario the majority would dread, but a scenario that has a 50% chance of playing out.
i have discussed this scenario in very much detail in the past, and i'm going to do a very comprehensive video about it tomorrow morning.
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here's the thing.
we still have a valid case for the short term bearish scenario to play out, which would take btc down into the low 30k range to complete a larger degree wave 4 correction through an expanded flat.
we simply cannot jump to this conclusion without seeing a confirmation first - so consider this a heads up just in case we have to resort to this outcome.
we'll get confirmation for this when we see what the bounce looks like on btc in the week ahead.
if it moves up in 3 waves as i have displayed on my chart here, and we reach the 0.618 near the end of the move -> then there's a 75% chance this plays out.
i'm not bullish or bearish during this time, but i will be upon receiving further confirmation.
which ever way it goes, we'll have a very high probability trade setup to ride the waves in either direction.
best of luck to you all, stay vigilant in this market, expect the unexpected, and be ready for anything that may come our way.
💸
btc 11-27 update~i notice that btc's price is contracting, while btcusdlongs are starting to rise.
this divergence between btc & whale longs is very bullish.
we also have some really nice money flow \ rsi divergence on the larger frames.
i also noticed that a lot of btc miners look primed for a big run. will share my few setups after i see what the usa market looks like on monday.
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i think we dance around this lower region for a few more days before taking off.
expect the unexpected though, anything is possible in the world of crypto, especially during these wicked times.
btc 11-25 updatemorning, happy thanksgiving to you all 🦃
btc looks to be in a flat here for this sub-wave 4 of the move going down.
i think we're going to be putting in wave 5 in the next day or two.
posted a video update talking about just this, in more detail.
targeting 54~52k as the bottom for the final shake out before the next move to the upside.
have a great day!
Bitcorn impulse completed? 💥💥💥💥taking another look at the charts, and it's clear as day that we've completed 5 waves up.
i'm counting these 5 waves up as a wave (1)
wave 2 target sits somewhere in the 40k region.
0.618 sits at 40k.
Max pain on December 31st sits at 46k for cme futures.
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i think we'll see price move down into my green box for another phase of wyckoff accumulation.
once accumulation has been completed, we can begin our wave 3 impulse.
will talk more about this scenario later ^^.
💸
BtcUsdt Xbt BTCUSD BTC/Tether Hello again
Firstly, I expected the price fall down to 52,600 USDT even with long shadow. If the price fall smoothly to this level I expected long shadow to lower levels that you can see in my chart. Secondly, the next movement should be strong bullish to higher levels that I have drawn and then 78,000 usdt.
btc long swing ~good evening, i think btc has begun a mean retracement after the completion of a 5 wave move.
during this time, i dont expect any parabolic moves for btc, just a slow grind up before further downside.
alts can perform very well during this time, but be careful with them.
i do think we've entered into a larger bearish phase just based of everything that i've been seeing today.
will post little swings periodically, but ultimately i am mostly sitting in cash until this correction is resolved.
Wave C target = $58,400
btc 11\22 updatemorning,
looking at btc miners, and the current wave setup + taking into account the cme futures max pain on december 31st which sits at 46k, i'm going to conclude my theory of this expanded flat scenario into the primary wave 4 going down to the low 30k's into jan \ february to fill the cme gap before we see any new highs on btc.
i'm bearish until we get there, and will short every single pop.
100% bullish after we complete this expanded flat.
i could very well be wrong about this, but i have to stick to my intuition on this one.
ps. i made a video going over this scenario last week on my youtube channel, feel free to check it out if this theory catches your interest.
🥂
BTCUSDT , Only 19 hours to reach our 1st target Be with us and reign
Hello everyone
According to last analysis we published yesterday , the price is exactly supportet in buy zone area and reach to 1st target , we should wait for another target that shown on chart
GUYS PLEASE DONT BE IN POSITION EMOIONALY , WE NEED TO ANALYSIS , THE MARKET SHOULD CLOSE THE CANDLE ABOVE THE LAST ATH
If you have not buy or take long position in Bitcoin futures , send me a messages that our team told you what should you do
Previous analysis :
Good Luck
Abtin