Nice Elliot wave play in BTC. Head and shoulder pattern down to the .236 for a nice rejection. Hoping to see this become a new support. After finally breaking previous ATH's and the Elon news I feel like the potential for any major sell off's right now isn't in the books. I see price challenging 47k, a small dip back to around 46k, up to 48k and then I believe...
BULLISH 80% Outlook
With my bearish outlook now mostly invalidated (hopefully no Black Swan Event to ignite an M formation on the Weekly), I'm looking to the next potential moves to come for our lord and savior with price projections based around levels of support, potential gartley patterns, Fibonacci and extensions. Price zones are only estimations, but I'm...
With my bearish outlook now mostly invalidated (hopefully no Black Swan Event to ignite an M formation on the Weekly), I'm looking to the next potential moves to come for our lord and savior with price projections based around levels of support, potential gartley patterns, Fibonacci and extensions. Price zones are only estimations, but I'm more so looking for the...
With each passing day another bearish alarm has added on to the plethora of bearish alarms. I believe that we are staring at the precipice as we speak. The next few days will be crucial in deciding factor if bulls have the strength to invalidate a continued correction and jumpstart the next leg up or confirm that we're bound to see the most significant drop in our...
I've been meticulously charting BTC in search of my long term buy entry and ended up stumbling upon an interesting find. Though I'm bullish for the long haul, I've discovered how similarly this first significant pullback is moving in junction with 2017's first significant pull back. In both instances there was an elliott wave move to the high, followed by a...
Moving forward I see two entries, dependent on stock market action. Best case scenario, BTC does what it always does and finds support outside of this breakout triangle. Worst case, the stock market plunges due to further GME destruction and we see the final retest of the .382 support level on the daily. Long entry lookout of $29.5k - $29.8k. 33-42% (Potential...
