according to my plan using wave analysis on BTC, we are shorting & the price goes as planned, as we are about to finish the fifth of the first wave, Fibonacci clusters zone 2500 - 24700, so I think the price will face aggressive resistance on that zone if reached! the RSI is on over soled tertiary, will have a little rising after that to structure the wave 2 after...
we are officially short, wave 4 cant go beyond territory's of wave 1, so we have a good Risk to Reword to Ratio level, as described in the chart the stop loss and take profit. do your on calculation, then trade follow me if you like my analysis regards
we are short on BTC to complete fifth wave of wave 3 do your math, trade safe. kindly follow me if you like my analysis regards,
In this drawing chart, some of the modifications that I made to the previous analysis of the Ethereum coin, it is not that important modification, but it adds some quality to the idea becomes clearer and more likely as i illustrated the probability of the current bearish zone. and the long period of bullish market zone. hope you found this is helpful & useful....
As for Ethereum, it is naturally the first affected by the Bitcoin currency, although we have seen some changes in the corrective pattern in the fourth wave for both currencies & What we know is that the price patterns of Ethereum are the same as that of Bitcoin, but it is good for this difference to occur because we may not see Ethereum below the price of 1000$,...
Due to the lack of sufficient data on the Shiba coin for Elliott wave analysis, using 3 month time frame I predicted a complete impulse wave for the next 3 years & based on the data available at the present time. In connection with the currency that constitutes the reserves for all digital currencies (Bitcoin), we note here the beginning of the end of the second...
now i strongly believe and confirmed my primer analysis, that BTC is going to structure the impulsive waves in order to complete wave C the big correction to downwards, as described in the chart. for me i am shorting the bitcoin, this is not an investment advice, do your own math and trade safe. i appreciate following me if you like may analysis. regards
The third wave rose from the second wave 4887, while the fifth wave rose from the fourth wave 3200 so far, and it has already completed the count of 12345 of the impulse wave and the price rebound has begun, but if the fifth wave expands, it is impossible for it to exceed the amount of 1600 from the top of the peak it reached. In a clearer sense, the price in the...
BTC now near to first wave territory & if the price break 33000 zone, its going up to 37000 price zone (FIB level1.618) to complete the wave 5 of wave 1 (impulsive). but if price can't break the 33000 zone, in this case wave 4 will ended then the price will pull back to down trend to preform the fifth wave of wave C. note that there is a bearish divergence on...
hello trader, first i know my chart is kind of miss, but it has a good knowledge, we count the wave, as crude oil just finished the fourth of the first impulsive wave of the third mega wave, as we are at the third of third wave of the fifth wave, super bullish range occur at the RSI 60-80 over bought zone, as a bearish divergence start to formed between third and...
based on Elliot Wave principle, wave 4 can't enter the price territory of wave 1, and refer to the EW alternation guidelines the retrace of wave 2 was a moderate. so combining those two guidelines rule we summaries that wave 4 will be a shallow retrace, around 0.236 Fibonacci level, that means the current price will maximum reach down to 1980$ or even less. all the best
based on Elliot Wave there are two deferent scenarios, first: if we are in motive wave then we are at the third wave and that means we will reach to 2300 zone before we bounce back to start the fourth wave overall my target for wave 5 is 2500 zone. second: if we are in corrective wave we still going to reach the 2300 price zone before bounce back, in this case...
based on EW pattern, BTC just completed the expended flat pattern as wave 2 of wave C, the price zone right now is FIB cluster, we wait to break 27000$ zone we short to next FIB cluster 21000$ zone. this is just an idea, do your own math, trade safe. regards
we just finished the second wave & start with the third wave, i have 4 target price mentioned in the chart, as the final target is Fibonacci cluster, so i think the third eave will end there between 1695 to 1865 price zone. this just an idea, do your wone study and trade safe. Regards,
we just finished the wave 4 contracted tringle, going to wave 5 of C or 3, final target for taking profit is 2055$. after we will start short, i think re test the support trend line. first target 2015 (25%) second 2033 (25%) third 2047 (25%) final 2055 (25%) this is just a theory, do your on study and trade safe. Regards
1- as described in the chart, this is an expended flat pattern. 2- divergence accrue on daily time frame. soon the price will go back to main down trend.
we are at the wav c of wav 2 as i see (2 scenarios) either ending diagonal that in pink color or impulse wave in yellow color. after a completion one of 2 scenarios we will start short the 3rd wave let me know your opinion trade safely
we are at the final cycle wave c as well as wave 5, we will reach to 13000 price zone, as we might visit 7000 zone, so we have to watch and see. I would appreciate it if you give me your opinion about my analysis and let me know if you agree or disagree thank you in advance and trade safely .