ased on my analysis of the weekly time frame, we are currently at TD 6. Typically, a reversal is observed when we reach a TD 9 indicator, which would occur in a little over 3 weeks from today. I believe that the upcoming Federal Reserve meeting will provide us with better clarity regarding the possibility of a rate hike going forward. In the previous Fed meeting,...
Please exercise caution and remain vigilant regarding a potential trap that is being set up in the market. It is important to note that we have not yet completed the wave 5 count. At best, we might be witnessing a new wave 4 high, estimated to be around 27,500. In the next few hours, we can expect a flood of FOMO buyers, resulting in a small pump when the market...
Using 2019 data, I compared it to our current chart and noticed many strikingly similar patterns. I will be using the 2019 data to explain what I anticipate will happen in 2023. There are several resemblances in patterns that have already unfolded, and I will do my best to explain what I believe might occur. First things first, let's examine 2019. The market came...
as you can see from the move up from 25800. we had a 5 wave up pattern. following the five wave structure we have an abc pattern which have been played out just today. we formed a c wave today which is lower than the a wave. completing the wave 2 on the larger scale. price target is between 28k to 28.4k for wave 3.
Based on the TD Sequential data provided, the current count is at T6, indicating a potential trend continuation. However, our analysis suggests that a reversal is likely to occur around T9, which is approximately three days from now. This reversal could potentially lead to a drop in Bitcoin's price to around 25k or possibly lower. It is important to note that...