Juvssss

Juvssss

Hi everyone, Thank you for considering reading my idea. Another simple analysis where the bottom could be at $30,000. It is the 1.618 level of a Major Fibonacci Retracement from $19,804.25 high to $3,124.51 low. Just $1,000 away from my analysis linked below. According to Binance's buy wall, the $30,000 price is where most of the orders are at. If we ever go...

Juvssss

Hi everyone, Thank you for considering reading my idea. This is a simple analysis. We may be going down to the 100 week moving average (orange line). If we also draw a Fibonacci retracement from $39,573.21 low to $69,000 high, the 1.272 level is at $31,569.12. Of course, this is not the exact price Bitcoin will close but may be almost near those levels. These...

Juvssss Updated 

Hi everyone, Thank you for considering reading my idea. Here we have a simple symmetrical triangle pattern. Usually, this pattern is a continuation pattern. Since we were dumping before we formed this pattern, it is expected to continue its trend to the downside. But now, we're seeing that it broke out of the pattern to the upside. Although, we broke out, the...

Juvssss Updated 

Hi everyone, Thank you for considering reading my idea. After the recent dump, it looks like we are consolidating at 38-39K and we are forming this bear flag or maybe a broadening wedge. We may pump up to 39.5k if we get supported on the bottom line of the flag. If we broke down off it, there are 3 targets: 1.) 38.5K 2.) 36.6K 3.) 34.8K If we are conservative...

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Hi everyone, Thank you for considering reading my idea. Before reading this idea, I recommend that you read my previous idea linked below. We said on our previous idea that we need to close above the 50-week Moving Average (see idea below why). We closed the daily candle at $43,097.6 and the 50-week Moving Average is at $48,184.28. In order to close above...

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Hi everyone, Thank you for considering reading my idea. In the past cycles, whenever we close below at 50 Week Moving Average (orange line), we tend to dump down to the 200 Week Moving Average (green line). It seems like closing below 50 week MA indicates the start of the bear market except of course back in March 2020 which is the COVID black swan event. We...

Juvssss

Hi everyone, Thank you for considering reading my idea. Both symmetric triangle and bear flag target is at 46K. Like this idea and follow me for more analysis like this. TAYOR. Cheers, Juvs

Juvssss

Hi everyone, Thank you for considering reading my idea. Here we can see that MATIC is bouncing/rejecting off of different Fibonacci levels. A. Rejected at 0.5 level B. Bounced at 0.618 level C. Rejected at 1.618 level D. Bounced at 0.618 level E. Rejected at 1.414 level F. Bounced at 0.786 level G. Rejected at 1.618 level H. Expecting a bounce at 0.618 level...

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Hi everyone, Thank you for considering reading my idea. SUSHI bounced off the 0.786 level of the Green Fibonacci Retracement around $5. Right now, the price is at $9. That's almost 100% increase in just 2 weeks. The bull flag formed has a target of around $26. It's around 1.272 and 1.414 level of the Yellow Fibonacci Retracement. There is a potential 186%...

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Hi everyone, Thank you for considering reading my idea. BNB is forming a huge bull flag or a symmetric triangle which both are bullish patterns. The target for this pattern is at 950. If we also draw a Fib Retracement from 672 high back in May 11 and 214 low in May 23, the 950 target is almost exactly at the 1.1618 level of the Fib Retracement. We can also see...

Juvssss

Hi everyone, Thank you for considering reading my idea. Ethereum is forming a huge ascending triangle which is a bullish pattern. The target for this pattern is at 9.6K which is near at the 3.272 level of our Fibonacci Retracement. We may not break out yet off the triangle since Bitcoin is a bit bearish (See related idea below). Like this idea and follow me for...

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Hi everyone, Thank you for considering reading my idea. This is just a simple technical analysis using Simple Moving Averages: 20 (red), 50 (orange), 100 (yellow). We can say that these moving averages are lines of defense for Bitcoin. Whenever we break a moving average, we are supported by the next moving average. In this case, whenever we break the 20 day MA,...

Juvssss

This is Bitcoin if there is no diminishing returns but has lengthening cycle. Unfortunately, there is high probability that this will not happen

Juvssss Updated 

Hi everyone, Thank you for considering reading my idea. This is an update of my previous analysis I posted on May 26. We have finished the corrective wave ABC from 64K going down to 29K (-54%). Since then, I think we have started the last major wave of this bull market that may take months before we see the blow off top. If we try to draw a Fibonacci...

Juvssss Updated 

Hi everyone, Thank you for considering reading my idea. Here we have this descending channel, that's possibly a small bull flag, with a target of 39.6K. If we broke out of the channel to the upside, we may need to break the 200 MA as well. You can see that we have big support at 31-32K but who knows if it's going to support that level. Like this idea and follow...

Juvssss

Hi everyone, Thank you for considering reading my idea. With the game Axie Infinity pumping through the roof, I thought of sharing my analysis of AXSUSD using Elliott Wave Theory. Currently, we are starting the final Wave V. Inside wave V, we are on top of the impulse wave 1. The impulse may still continue but if we assume that this is the top of wave 1, we...

Juvssss

Hi everyone, Thank you for considering reading my idea. Here, we may be forming a bear flag. If we break down today or in a few hours, the target could be at 20.7K. We may still bounce to the upside and break down later. The target could be at 23K. Let's see how this will play out. Like this idea and follow me for more analysis like this. TAYOR. Cheers, Juvs

Juvssss Updated 

Hi everyone, Thank you for considering reading my idea. Since our previous idea was invalidated, this may be a bull flag that's about to break in a few hours to the upside. The target of this pattern is at 46K. Like this idea and follow me for more analysis like this. TAYOR. Cheers, Juvs