Now what show it in the chart is BTC breakout on symetrical triangle, but the breakout not enough to beat the previous higher high. if BTC doing confirmation break out, probably the breakout could be the fake out and pattern H&S would be draw it. LOL... is just a play from the whale, I personally consider it would be a bears cause on 1h chart can't beat the...
On my last analysis is looks so perfect for the breakout, the target already far away from 1.618 Fib, that's mean elliot wave phase 1 still open. now the bearish divergence already show up. probably it the end of phase 1 and would go to the phase 2. As we know that phase 2/B on elliot wave would going to 61.8% - 78.6%. So if you like to scalping playing on short u...
looks like this break out is a fake out, but BTC on the critical level. People on the market looks like fear for the btc drop, the best way is stay a side from the market. But if you want to trade, this probably the scenario could be happen on the BTC, before the weekly market close, BTC need to close above 26K to stay clear that the bull still exist. Since the...
NEO is the old altcoin that have highest price almost $200 at the begining. in last time bull market this altcoin just can reach $160. Now the price is really bad, are you want to invest it? I personally would invest on NEO when the price reach on the green box area around $4-$2. will it be a shit coin? or would rising and create W breakout on the next FOMO...
If you confuse where is the best buy zone for accumulate XRP, look at that green box, that the best buy for XRP. this accumulation phase scenario will happen if the BTC not going below 15K. and if the BTC halving cycle push BTC in the bullish trend so probably XRP could make a move to break out in broadening wedge pattern probably will make a parabolic movement in...
BTC always got rejection many times and can't breakout easily and 26.400 level on fib 61.8% already got rejection that probably will make the death cat bounce. the volatility will come on the FED report, and if the break out can't happen again / make a fake out. SHORT from 26.200 level SL = 26.400 - 26.500 TP on step 1 --> 25.300 step 2 --> 24.500 step 3 -->...
25K already break but there is no panic on the market maybe the good news from the FED and CPI data make market looks bullish rather bearish. the daily close above 100 points above the crucial level make market things it will be a pull back. if there is a pull back then on 24.5K level probably will make a pullback to 61.8% fib, the bear trend still exist until...
31K can't be broken make the 5 wave already done, now is the start from the cycle down trade with the elliotwave at the first wave. probably 21K level will be the next target and if 25K broken will make the volatility go huge cause market will got fear cause the bull trend is over and probably btc will going to 9K. but the worst scenario 20K will make the btc...