Delzeyne

Delzeyne

Introduction Bitcoin ended an impulsive wave last week, into mid term resistance piercing trough it and testing it as support. Inflows are increasing with these higher prices , giving liquidity to the market. If bitcoins manages to break last local low, the probability increases of trapping early longs in a false breakout to new all time highs Analyzing the...

Delzeyne

If price can hold the green support/ 0.618 Fib retracement / 1.618 Fib extension there is a chance for an next impulse in either wave C (wave 4 not complete) or an wave 3 (wave 4 complete) if the next impulse reaches the 1.236 fib extension the highs will be in reach a large candle or short squeeze above the highs will indicate it will be an wave 3...

Delzeyne

Current price action Since august 5 arbitrum made an new all time low Series of higher lows and higher high since that bottom Consolidating under 0.5 Fib retracement wich currently act as resistance Momentum indicator Personal indicator wich gives buy or sell signal based on 2 day timeframe momentum The average price act as support in the direction of the...

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Bitcoin facing some resistance at 0.618 Fib retracement and point of control of the range in wave 4 For the moment bitcoin only retraced to the 0.236 Fib retracement If resistance can hold, there is a chance to go back to 0.382 Fib retracement to end wave 4 and retest previous high at 50k

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2Day Timeframe + elliot wave count + support and resistances 12h Timeframe + support and resistances Suspecting the correction is finished and the low is in Every pullback is an buy opportunity until we break the last high around 2,40 dollar or make an complete 5 wave move to complete wave 3 primary On the 6h chart looking to enter back in previous rang in...

Delzeyne

Looking for bullish continuation in either wave 3 or C to the upside Idea is invalidated beneath the low of wave C around 1,04 Target is around 1,20 5-Day Chart

Delzeyne Updated 

To show you how an 5th wave extension looks like we need to look back to the bullrun of 2015 Bitcoin started the move in 2015 with an impulsive move into wave 1 Then a sideways flat correction ABC into wave 2 This created the Base Channel, when the price breaks out of it, wave 3 has started Once wave 3 ended we corrected and held support on the Base channel in...

Delzeyne

Looking for an 2nd leg down in Y If X is finished, the target is around 2030 dollar in confluence with the 1.0 Fib extension of W and 0.5 Fib retracement of the move up in november This would also count als a bullish retest of the august 2022 high

Delzeyne

Looking for an 2nd leg down in Y If X is already finished at the 0.5 Fib retracement, the target is around 4,5 dollar in confluence with the 1.0 Fib extension of W and 0.786 Fib retracement of the move up from november

Delzeyne

Bitcoin pumped out of the range on bullish news, tagged the lower high monthly close of march 2022 After that bitcoin rejected back in to the range, similiar to the summer UTAD this summer at 32k As long bitcoin doesn't make a higher high compared to march 2022, it will most likely go sideways or go back to lower levels If bitcoin breaks the upper trendline of...

Delzeyne

Looking at previous halving cycle Bitcoin had an 819 day bearmarket before an clear complete elliot wave count to the upside Comparing this to current cycle, i believe it wil take some months more to complete the downcorrection And have an similar duration to the upside around 600 days Previous cycle we went back to the 0.786 Fib retracement comparing now only...

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Looking at the daily chart, you can see an series of lower highs and recent swing failure since the yearly high from july If you connect the yearly high with recent swingfailure with the candle closes, you get an downtrendline The trend is your friend, so i expect the price of bitcoin to continue down The price-action of the swingfailure you could recognize as...

Delzeyne

After an 365%-rally year to date, i think most of the juice is gone in the upward direction for Nvidia Wyckoff Since mid-June Nvidia is ranging between 400 and 500 dollar showing an wyckoff distribution-range While forming an head and schoulders pattern Currently making an possible lower high in relation to current all time high If this is confirmed in coming...

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In July we made an yearly high around at 31k and backtested the support of 2021-2022 as resistance Since that high bitcoin ranged 2 months around 28k-31k having no signs of impulsivity This tells me this is an distribution-fase before deviating away from this resistance In late august after supply far exceeded demand, bitcoin had an large drop in matter of hours...

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Nvidia still need to complete it's firts elliot wave count I suspect wave 3 is now completed and it will come back down to complete wave 4 Possible targets are 210 and 120 dollar (0.145 and 0.236 Retracement) Beneath you can find the internal counts The internal counts have extended wave 3 and 5 (2.618 - 4.236 Extension) So its very impulsive, what you expect in...

Delzeyne Updated 

April 2022, bitcoin dropped from 49k to 15kand marked the bottom and selling climax Since the bottom bitcoin made an countertrend move to the 0.618 Fib Retracement of this drop When reaching this level, bitcoin went sideways for some time indicating distribution-behaviour and resistance Now we have a clear support and resistance or range we can trade off 32k and...

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Elliot wave on large timeframe seems completed Looking for B to end in coming months around 108 level in an expanded flat correction This could start the impulsive move C down to the 92 area

Delzeyne

Day traders lose 90% of the time in a certain amount of time, i always heared The probabilty in exceeding is than 1/10, or risking 90% to earn maybe 10% That doesn't seem a good strategy for beginners Certainly if you are highly senstive or emotional like me, the odds of exceeding even go further down So my advice, and my personal type of trading is...