TheCryptoBeast

TheCryptoBeast Updated 

If this is the case, target would be approximately 8034. The measured move lines up with the 1.618 wave 1 multiple for a wave 3 Elliott.

TheCryptoBeast Updated 

When you compare the RSI div to the last time a similar RSI div happened, you will see it looks very similar, and will likely lead to a bounce. Also, we are at the bottom of the current channel.

TheCryptoBeast Updated 

Could see a nice pop soon!

TheCryptoBeast Updated 

If you look at time frames, 4H, 6H, 8H, 12H, and 23H you can clearly see bullish divergence has formed. A reversal in this situation is highly probable.

TheCryptoBeast Updated 

Possible imminent breakout.

TheCryptoBeast Updated 

There was some bearish divergence, which has already played out. The hidden bullish divergence was just confirmed on the latest dip, and lasted throughout the scope of the bearish divergence. We should now retest the previous high without making a lower low first.

TheCryptoBeast Updated 

Just added to my position there.

TheCryptoBeast Updated 

That is all.