Colleagues, the previous forecast is not canceled, but I decided to update it a bit in the form of a new forecast. I have set the target a little closer, so that I don't have to wait too long. I believe that the price will continue its upward movement and will reach the area of 5830. It is quite possible that the price will correct to the area of 5597, completing...
Wave “3” is still continuing its progression. This means that the five-wave impulse is not over yet and we expect the upward movement to continue. Of course I would like to see wave “4” as a corrective wave in the area of 3024 level, then I expect an upward movement to the area of 3100 level. This level is also considered to be quite strong, from which there...
Dear colleagues, price is still in an uptrend, but wave “5” is often unpredictable, so I do not recommend buying. I will look out for short positions. I believe that the price can renew the high and reach the area of 1.10000 or even a little higher, but I will place pending limit orders to sell. Or the price will immediately start a downward movement. The target...
Colleagues, I believe that the downward movement is not over yet, and now the price is in a complex combined correction. The second correction also consists of “ABC” waves. In an ideal scenario, the price completes wave “C” in the 70.000 area and starts the downward movement to the support area of 65.268. In general, the plan has not changed since the last...
Dear colleagues, I believe that the upward movement is not over yet. The bulls have gained strength and the upward five-wave movement is not over yet! I expect that the wave “3” of senior and middle order is not yet complete. Possible correction to the area of 2955.837, then I expect an upward movement to the area of 161.8% Fibonacci extension 3038.730. As usual...
Colleagues, at the moment we see a situation where it is difficult to determine the end of the movement. Wave “C” is not completed and I believe that we should expect the continuation of the downward movement. I do not set distant targets, so I expect the price to reach the area of 64.00. A correction to the area of 67.884 shift is possible. Manage your capital...
Colleagues, after drawing the waves I realized that bitcoin is in a major wave “IV” correction and I believe that this correction is either over or about to be over. Either way I believe that long positions should be prioritized. I expect that the price will either immediately start an upward movement and reach the psychological resistance level of 90,000, or...
As in the last forecast - I insist that the five-wave movement is not over yet. Therefore, I believe that the price will reach at least the resistance area at 2955.837. The correction wave “2” is either already completed or will be completed soon. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Colleagues, I was waiting for the price to reach the support area of 5656, because the big corrective wave “IV” should end soon. I am still looking for a long entry point. I expect that wave “IV” has either ended or will soon end its downward movement in the 5656 area and we will see the beginning of an upward wave. I expect that the first target is the...
Colleagues, I'm going to make a new forecast that will be a little different from the last one. In the past, the price quickly reached the target, but I still expect a correction in wave “4” to the 1.06966 area to open profitable long positions. The target will still be the same 1.8978 area. Manage your capital correctly and competently! Only enter trades based...
Dear Colleagues, after Trump's statements and the general political situation, the price went sharply into a downward movement, but this does not mean that I give up the upward movement. At the moment I think that wave “2” is completing the correction and soon we will see the long-awaited upward movement. I think that the price can still update the minimum of...
Well, colleagues, it happens, wave “3” continued its rapid development. Wave “3” is usually the longest and it happens that it becomes too long on the news background, which we saw. At the moment, I assume that the correction in wave “4” will still take place in the area of 1.06966, to then complete wave “5” at least in the area of 1.08878. But there is another...
Dear Colleagues, according to the primary idea wave “C” is completing and soon I expect the beginning of the downward movement. This is a big Combined correction, so I think it is worth being especially careful with the end of waves - it can be difficult to understand where the wave will end. In this case, I assume that wave “C” will end in the area of 1.07000...
The price is still in a downtrend and I believe that before the price starts an upward movement it needs to complete a big “ABC” correction and a small five-wave formation. I think the price will reach the level of 67,037. This level is quite important, because in its area we need to look carefully for reversal patterns. Manage your capital correctly and...
Dear colleagues, I decided that I will make a new forecast, as the previous forecast was put to breakeven and the price updated the low of 1.04016. At the moment I have redrawn the waves a bit and I still believe that the upward movement will continue, as the five-wave impulse is not over. I believe that the price may slightly update the minimum of wave “4”,...
Dear Colleagues, price has gone lower than I thought it would and now we need to redraw the waves. Apparently, the price has updated the minimum of wave “2”. Therefore, I believe that the price will soon continue the upward movement in wave “3” anyway. The “ABC” correction seems to be completed and the 5915 area served as support for the second time. I expect the...
Dear colleagues, I believe that the price will still continue the upward movement and there are a couple of reasons for that. First, the price has not completed the five-wave movement. Secondly, 3000 is a psychological level, which is not far away and I believe that it will be reached. Therefore, I assume a small correction, but then I expect an upward movement...
Colleagues, price has worked the downward movement perfectly, but I believe the downward movement is not over yet. Wave “C” is a five-wave wave and now the price is in the correction of wave “4”. I expect the price to reach the downtrend line in the area of 72.00 level, then I expect the price to decline to the area of 68.926. Manage your capital correctly and...