daadras

daadras Updated 

This is an update on the previous Bitcoin analysis with more details. Please have a look at previous one before reading this. first of all, I would like to say this is not the only valid Elliot wave pattern. I just analyzed the Primary Zigzag pattern on this. and I am going to explain in which conditions we will have bullish or bearish movement. if you like to...

daadras Updated 

Have a look at my Elliot wave analyze, this small triangle is more probable. I expect price goes to 37500 and an small bullish move to 44000. As still haven't finish wave 4 we need to trade very carefully. I have updated last analyze. I am holding all my Long position and I am adding more margin to my long position at 38050. this means, in my opinion in mid-term...

daadras Updated 

BTC will swing between 32917 and 45821 for couple of months. This means there is no impulsive movement, I am waiting for price reaction to top of channel, then I will share a short-term analyze here with you to predict bearish targets.

daadras Updated 

please attention to Risk/Reward ratio. right now we are at the end of wave 4 of my Ending diagonal. best time to go for a long position and hold it for couple of weeks. so We will trade wave 5. I am not putting SL on 44.5 as this level only make the diagonal pattern invalid. if 44.5 break, still is bullish but target will change to less than 60 dollars. I will...

daadras Updated 

Here is another Elliot wave analyze on Bitcoin on daily timeframe In my opinion we have a contracting diagonal and currently at almost end of wave 4. as you may know most of Elliot wave analyzer suggest trade only on wave 5 because it has higher probability to win and get a huge profit. So I am taking a long position from here. also the invalidation of this...

daadras Updated 

Based on my Elliot wave analyze, we will have a downtrend to 34000 dollars in mid-term which takes about 2 weeks. But if you are an scalper and want to get profit faster you can close your sell position between 40000-38350. we will have another sell opportunity later. so you can enter again. I will share next entrance area after confirmation. If you have any...

daadras Updated 

As my Elliot analyze has shown on AXS , I will go for a long position at 52.9 dollars which has very good Risk to Reward ratio. This is a short-term analyze and it will take couple of days to touch target, If no news speed it up.

daadras Updated 

In following of my previous analysis, now we will have a bullish movement after a small correction. I expect a Zigzag to 46000 or 54000, but it can be a bullish 5 wave also. So I will wait for the 37500 then buy it.

daadras Updated 

The last wave still not over!. Bitcoin needs one more Low. I am doing short from here for 35700 and then 33800. This analysis will be invalid if 39500 break