CFcryptoTA

CFcryptoTA

Hello everyone, Some of you have personally asked for ETH targets and charts. Here we go, my ideas. ETH and BTC have now successfully bottomed out, Yes you heard me. This was the floor. Now the fun starts. ETH has perfectly retested the previous broken CUP n Handle continuation pattern and ATH. We have now a continuation which will bring us to 11k by the first...

CFcryptoTA

Here we go, my targets for Litecoin. One of my favourite TA educators and analyst (CryptoBirb) is very bullish on it sets the target to 1500-2000 dollars. However, I have to disagree. Although I am bullish on it, my targets are more conservative, with 629 as most likely and 846 as the final target. This is considering the current speed, breadth, Elliott wave...

CFcryptoTA

Hello everyone. I know we are all fearing a drop, bear market etc...However, I am here to tell you that we are bullish, so be calm and take some time off until things start moving again. Although I am receiving messages full of hate and criticism, I am still strongly bullish, and I will perpetuate my belief until proven otherwise. Here is an educational chart to...

CFcryptoTA

BTC has turned bullish with its last close. BTC has just painted the second morning star on support with increased selling pressure and strong volume on the green (yellow) candle. Double bottom on the 12 h and Head n Shoulder on the hourly. BTC should be bullish for the next 2-5 days. I call this the bottom, unless strong FUD from news hit the markets (i doubt)....

CFcryptoTA

Link is sitting on the 200MA support, and I believe it should start the next leg up now. It has just concluded a minor wave 1 of intermediate wave3. The most volatile leg is about to come. If there is any dip here (unlikely), the target is 23.76 and will be a huge buy opportunity as it will be right on a 2 years support trendline. Nevertheless, the next leg after...

CFcryptoTA

Hello Everyone. I find it funny how people are concerned with timelines, "they said it was hitting 98k by the end of November", "they said it was going to be 130k by December", and so on. However, if they had studied the past price actions of BTC around the last two tops in 2013 and 2017, they would have realised that in 2013 it took 11 days to reach the top from...

CFcryptoTA

Are you ready? This is a breakdown of all the subsequent waves I believe BTC will print. It is messy because I have recorded 3 different 5 waves cycles. This was only a forecasting exercise. Constantly improve your skills by using your knowledge.

CFcryptoTA

This is the Stochastic RSI and RSI readings at present in different timeframes (labelled). Focus on these indicators... Are you buying or selling? Explain in the comments if you like.

CFcryptoTA

ADA has been stagnant for a while, and some of the investors are growing impatient. However, people do not realise that an explosion is about to come for ADA. After his incredible run in the past year, ADA presents a strong army behind with significant adoption ahead. The TA shows that ADA is flirting with the 200MA, which has created strong reactions for the...

CFcryptoTA

BTC has likely bottomed out. There is a great opportunity here on this retracement to 57 before the next move to 68k. You have one last opportunity today to get in before the next great move. BTC has now formed an Inverse Head and Shoulder after breaking out from the descending channel. There will be a minor retracement to 57500 before a solid move to 68k. That is...

19:59

CFcryptoTA

Hello everyone, Here we go, another video on our favourite crypto, Bitcoin. In this video, I explain the macro picture of Bitcoin and why you shouldn't worry. I have many reasons to believe BTC has now set in the bottom. There may still be a possibility of a quick wick (exhaustion move) from bears to 54k. However, I wouldn't count on it. This one is a perfect...

CFcryptoTA

After studying the Dow Jones for 30 years (down to the hourly chart), Ralph Elliott explained that the correction after wave 5 of any degree extends to till the end of wave 4 of one lesser degree and more often to wave 2 of the last wave 5. On the left, you can see the current chart of BTC with the wave break down. Also, he stated that the zig-zag and fat...

CFcryptoTA Updated 

Hello everyone. I know we are all feeling fear and doubt right now. Yesterday in my post, I explained why I thought this correction was likely coming to an end. I also said that anything below 58k till 56 was a great opportunity, and I can now say this is the bottom area. I want to start by saying that I am amused by how accurate Elliott wave theory it is. Every...

CFcryptoTA

Hello Everyone. Today I have spent quite some time analyzing the current Bitcoin movement and why I wasn't accurate as I expected. Hence after a few hours, this is my result and conclusion. In markets, we often witness a Kitchin cycle, which means that between 2 major peaks, the cycle lasts four years. Hence I concluded that BTC would probably reach its peak...

20:00

CFcryptoTA

Hello people. Because I received a few messages from stressed followers, I have decided to create a video to calm you down and show you the bigger picture analysing the Bitcoin structure. My targets have not changed, and I am still expecting 90k in the coming weeks and 185k by the end of January. If this correction is more prolonged and deeper than expected, It...

CFcryptoTA

Hello everyone. I know it is a bit disappointing. It seems the infrastructure bill has hit BTC hard. There are a few things I want to point out. The 59500 level is strong support with the confluence of the 50 MA and VWAP. We should see a reaction here, and depending on the reaction, we will understand where BTC will move next. There is now a possibility that BTC...

CFcryptoTA

Hello everyone, It has been a couple of days since my last post. For those of you that followed my post, you caught BTC at 59, and now you are sitting on a bag of profit. I won't dwell on details in this chart. However, as you can appreciate, BTC has formed a nice CUP n HANDLE continuation pattern that should project us on the 78-80 k region. I see a possible...

CFcryptoTA Updated 

Hello everyone. I know most of you have been sh....g in your pants. I have received tons of messages of panicking people over the last FUD, Evergrande. Now few words on that. Although the company is huge with 300 billion worth of assets and 100 billion debt internationally, the company seems to be making payments slowly. Also, I believe the Chinese will intervene...