Beast Trading _ Today's Bitcoin Analysis Bitcoin briefly left down yesterday as it converged, but rebounded to 20.5k. After the rebound, the Fibonacci 0.382 section resistance at 20.5k is slowing down for a while I don't think it's the bottom yet, and it's a little early to say that the upward trend is starting. There's still a lot of doubt about the decline...
Beast Trading _ Today's Bitcoin Perspective Today, I will explain the wave that has been coming down from 25k. First, the bit went up well to 25k, but you can see that the volume was much stronger when it went up than when it went down Through this, it was analyzed that the wave that rose toward 25k was not an impulse wave, but a technical rebound from the...
Beast Trading _ Today's Bitcoin Analysis A series of ups and downs in the continuous triangular convergence, but I pierced one direction for the first time yesterday. It's the top line right above. I'll explain the response for the time being easily, so if you refer to it carefully, you can win the probability and profit and loss battle and proceed with the...
Beast Trading _ Today's NASDAQ Analysis This is the content of the NASDAQ that we analyzed last time. (Do not modify what was predicted) As predicted, it deviated from the bottom line of the parallel channel from the top, and has been coming down strongly since then. Then, where is the section where the fall calms down for a while and there is a rebound? Once...
Beast Trading _ Today's Bitcoin Analysis Bitcoin continues to flow in a similar way, so today I'm going to give a briefing on the Ethereum chart. First, you can find parallel channels formed up and down at the high point, where the resistance is valid without breaking the resistance line, and the lower line was originally a support line, but a strong drop broke...
Beast Trading _ Today's Bitcoin Analysis I'm keeping the same perspective as I've told you so far. In fact, it seems to have fallen very strongly in the form of a downward impulse, and it seems important whether the 20.7k low point is the end of 3-5 waves or the end of 5 waves is the end of the downward trend. First of all, that 20.7k digit is an upward trend...
Beast Trading _ Today's Bitcoin Analysis Bitcoin is on the decline as the very important upward trend I told you about yesterday breaks down. Based on the Elliot wave, the shape and volume of the wave coming down from 25.2k (high point) are likely to be coming down as downward impulses. The rebound, which rose to 24.4k yesterday, is seen as the second wave of...
Beast Trading _ Today's NASDAQ Analysis Analysis of NASDAQ. NASDAQ continued to fall, and then it started to rebound to the bottom of 11,000, and I analyze that the increase that came up is closer to the ABC increase than the impulse. The A wave value ended at 12660, and the B wave came out exactly as much as 0.382 of the A wave (the B wave's duration is a bit...
Beast Trading _ Today's Bitcoin Analysis Bitcoin broke through 25k again yesterday and renewed its high point. Since then, Bitcoin prices have fallen sharply under strong selling pressure, and I analyze that this drop, which has fallen from 25.2k to 23.7k, is an impulse wave. It was analyzed that the impulse 5 wave was terminated due to a 4-wave convergence...
Beast Trading _ Today's Bitcoin Perspective Bitcoin broke its previous high of 24.9k and reached 25k. After that, I thought it was going down quite steeply, but now it's rising strongly toward a new all-time high (25k). Today, from a big perspective, we will check the future direction of response, patterns, and important lines that have appeared. First, the...
Beast Trading _ Today's Bitcoin Perspective Bitcoin continued to be accompanied by buying yesterday, renewing its high point as predicted by the market. However, since the high-point renewal position is the section where one wave is over, it usually falls after the high-point renewal. Yesterday, it also renewed its high point and touched the Fibonacci 0.5...
Beast Trading _ Today's Bitcoin Perspective Recently, if Bitcoin continues to set a short-term trend, it continues to move in that direction. Currently, it is such a trend, but yesterday's CPI announcement showed 8.5 which is lower than the expected 8.7, resulting in a strong rise with a huge trading volume along with NASDAQ. Looking at the overall wave, the C...
Beast Trading _ Today's Bitcoin Perspective Bitcoin has been showing a strong trend since August 8. That's why I don't think it's good to trade with the mindset that "Bitcoin has risen this much, so I'm going to take a short position" and "Bitcoin has fallen this much, so I'm going to take a long position." First of all, after the strong rise in B-c...
Beast Trading _ Today's Bitcoin Perspective Yesterday in the market, I told you that it was a common long position section, which was an upward C wave after convergence B, or a rise in the form of 1,2,3-1,3-2, and I told you to approach the short position conservatively. As predicted, Bitcoin showed a strong rise and rose to 24.2k. How should we respond to the...
Beast Trading _ Today's Bitcoin Perspective Bitcoin has been making a long sideways move since August 6th, and has shown a little difficulty in wave counting by giving a fake. First of all, I keep talking about the increase from 20.7k to 24.6k, but it seems like an impulse increase. The volume of transactions of 3 waves also occurred a lot, and the raised shape...
Yesterday, Bitcoin repeatedly went up and down, showing that it did not bounce in a certain direction and was eventually in place. There are two perspectives that are a little bit larger than 15 minutes. (First picture) The first point of view is that the impulse rise to 24.6k ended the 5th wave, and the adjustment 3rd wave ended on August 5th and the upward...
Yesterday, Bitcoin repeatedly went up and down, showing that it did not bounce in a certain direction and was eventually in place. There are two perspectives that are a little bit larger than 15 minutes. (First picture) The first point of view is that the impulse rise to 24.6k ended the 5th wave, and the adjustment 3rd wave ended on August 5th and the upward...
Beast Trading _ Today's Bitcoin Perspective Bitcoin has continued to weaken since hitting a 24.7k high. Personally, I think this decline is still an adjustment to the amount of increase from 20.7k, and the likely end of the decline will be 22690 or 22230, which is 0.5 Fibonacci digits of the total increase, or 0.618 digits. If you look at the way it's going...