CryptoSlots777

CryptoSlots777 Updated 

Daily wave counting looks exactly like Bulkowski Ending Diagonal Triangle Elliott Wave Pattern. This pattern analysis is not a completed. thepatternsite.com I'm expecting a throw over so a potential short should be between ~76k and ~70k. I know that this is a pretty large range but those are the levels where we should watch for bearish signs like Volume...

CryptoSlots777 Updated 

BTC losing steam on 1H and 4H. Short term looking like a short. Looking for support between ~56470 and ~55300, 0.618 and 0.5 Fibonacci ratios and above previous red resistance trendline and above support green trendline. Looking at the 1H volume spike we can see where the top was. Volume is now increasing on the way down. Remember that this is the...

CryptoSlots777

We should be done for now with ETH. Volume on 1H show where each volume peak corresponds with wave end. Stop loss should be set at a maximum of ~1986$

CryptoSlots777 Updated 

DXY presenting bearish div on the daily. s3.amazonaws.com BTCUSDT 4h 1h bullish div. Target should be B ~58430 but channel should be respected so TP could be D at ~57200. Exiting the channel below ~50k would invalidate this idea.

CryptoSlots777 Updated 

We just saw a bump and run reversal top. Looks like text book material. thepatternsite.com 1. BTC Volume profile is showing where previous price action will act as support. Also Fibonacci levels 0.5 ~30800$ and 0.618 ~37500$ line up with volume profile and price action. On the low time frames we are at critical support level at ~46400. We did make a...

CryptoSlots777

Hello, As promised I'm providing a detailed look into using TA in combination with FIBS S/R indicator. So we are going up by a lot and we get this big "overcooked" signal on the 1H. Does it mean we should go short right away ? No because we can still go up. So wait for the signal for the price to cross under R5. That is were a potential short can be...

CryptoSlots777 Updated 

I've already explained some key points on the chart. Volume shows top is in. My initial top target was 1.618 BC blue Fibonacci level. I believe we current leg up started in Sep-Oct. This is where I placed my first golden Fibonacci extension. From the breakout to top green Fibonacci 0.5 0.618 levels are ~15k and ~16k points of bounce for B leg. Final...

CryptoSlots777 Updated 

We will start with the I told you so Of course a short was to be placed at 1.618 of BC but after the strong bounce (low timeframe volume) from B also 0.5 - 0.618 shorts gets risky and it became clear that we were note going to touch A or C target ~12.8k. So patients was required and a new bullish pattern emerged and it was clear that 13.9k target was going...

CryptoSlots777 Updated 

Curve did a ~93% pump, is it done or are we going to see the 5th wave. A look at DeFi index shows a potential bottom. We could go lower to 420 level. In the 4H time frame we are in the 4th wave. Bounce can happen here or at the begging of impulse wave ~0.447$. I've pointed out some important levels on fibs that also converge with volume levels to predict...

CryptoSlots777 Updated 

After perfect retrace on bearish bar to B. Looks like we are now forming a bullish bat be completing the ABC retrace. Close short ~380. Open long after volume spike as confirmation.

CryptoSlots777

Daily show bounce has reached 0.618. Is this a B wave in ABC correction ? 4H chart on the left suggests bearish div forming on RSI. 1H chart on the right show 5 wave counts. Dips are bought up on lower volume. Price is going up on lower volume. I'm neutral because this could be a potential consolidation and could break up. Small time frames can be...

CryptoSlots777

I'm experimenting with sine lines and wave counts. We are in the 5th wave by my count. I would not short or long right now until we have a clear structure. Volume profile for current run (starting from March low) shows most volume around ~9k - ~9.8k. That is around the 2.618 fib level from first March impulse and between 0.618 0.5 levels for a top of...

CryptoSlots777 Updated 

Bounce was correlated with 0.618 fib level from march We are forming a descending triangle indicated in purple. A short looks highly likely on a lower time frame with support at same level as bounce around ~0.10240. Expect lower and lower volatility now as indicated by volume going down and tightening of support and resistance. The bounce can be a good...

CryptoSlots777 Updated 

Low time frame indicates descending triangle. 4H show bearish div. Great opportunity to short ADA target is the bottom of the wedge. Don't think this will break on the first run.

CryptoSlots777

Support around ~10798$ confirmed by multiple trendlines & fibs

CryptoSlots777 Updated 

From the 12k level we dropped to ~9.8k and bounced to 11k almost perfect touch of the 0.618 fib. We dropped to 10.1k (higher low) to bounce again to 0.618 at ~10.7k where we stayed for a while. Breaking this last 0.618 fibs is very bullish and we are forming a couple of channels and flags along the road. Volume should be watched for confirmation. Bullish...

CryptoSlots777

Chart speaks for itself. Sideways at best till end of september.

CryptoSlots777

We are currently in a very similar situation as we were in the 9k level but the 9k level was not this "hot" (red).