This is just a sketch, but I found some interesting confluence between Pseudo CRT-like analysis and an Elliott count (expanded/running flat with A as a flat). The automated indicator I created ("Seer Tee," doing the above-stated "pseudo-CRT" analysis) detected pivots for an upper-timeframe candles-based Modified Schiff Pitchfork. From a bullish perspective,...
BTC is consolidating while locally forming a broadening wedge. Key levels would be self-explanatory, but I see the 65 -69k level as the support.
This sketch is based on the channels generated by my automated custom indicator, "Seer Tee," designed to replicate Candle Range Theory (CRT) by @Romeotpt. **Assumptions:** 1. We are in a corrective zigzag wave's final progressive wave, C. 2. Wave C is a diagonal. 3. The second internal wave of the diagonal forms an expanded or running flat. 4. The flat includes a...
The fluctuating Bitcoin price reflects the ever-shifting sentiment of investors. However, there is no inconsistency with the forecasts provided in my earlier technical analyses: Previous article: Bearish Dragon Pattern to Unfold Previous article: BTC Weekly Bearish Sea Pony Pattern As highlighted in my previous assessments, the anticipated bearish trajectory...
The direction and target are same as my previous analysis: BTC Weekly Bearish Sea Pony Pattern For the Dragon Pattern, please refer to my past articles. Bearish Dragon Pattern Unfolding: Beware ofIncreasing Bearish Momentum The forecast is bearish. I expect a rebound at 83-84k and 73-76k, with the worst-case scenario predicting a drop to the high 60k...
This is a continuation of my previous article, now focusing on the daily chart. As I mentioned in my weekly chart analysis under "Buy the Dip," a short-term decline is expected. Keep an eye on the Fibonacci retracement levels of 0.7 to 0.786. Please refer to my past articles for details on the Bearish Dragon pattern.
The ongoing BTC correction continues to weigh on the stagnating altcoin market, and HBAR, which saw the most significant price surge since late 2024, is no exception. As I anticipated in my previous articles, HBAR briefly dropped to 17 cents before rebounding. However, the correction doesn’t appear to have fully bottomed out yet: I expect HBAR to break...
PHB is forming a bearish Sea Pony pattern. Although PHB is experiencing a significant retracement that aligns with the overall market sentiment, this asset hasn't lost its overall strength throughout its history. So, do we have to buy the dip BELOW HERE? I think the chart says yes. Then, where is the key level? 52 cents stand out as Fib .886, with many...
BTC is experiencing a retracement due to fears of a tariff war following the DeepSeek shock, which is cooling the already bearish market sentiment. On the weekly chart, a bearish Sea Pony Harmonic pattern has formed. Historically, price forecasts based on this pattern have been reliable and robust. How deep could this retracement go? It depends on the duration...
In my previous article, I focused on Elliott Wave counts for HBAR. () This time, I’ll approach the analysis from a different perspective: 1. **Dragon Pattern** 2. **Weekly Candlesticks** 3. **Parallel Channel** 4. **Oscillator** 5. **Fundamentals** 6. **Key Levels** 7. **Short-term Forecast and My Position** --- ### 1. Dragon Pattern The Hedera...
While liquidity is drained from many altcoins and prices stagnate, HBAR is showing an impressive performance. Will HBAR continue on to challenge its 2021 high and achieve a new ATH (All-Time High)? As a self-proclaimed Elliottician, there's one point that concerns me. This correction since December 3rd has been too prolonged—it's difficult to interpret it as a...
Although HBAR's weekly candle closed above a trendline, lower timeframe charts indicate some caution. Failing to break out the orange-dotted trendline, its bullish momentum shows signs of waning. Here, my automated indicator detected a bearish dragon pattern formation. A breakdown from the red trendline will bring it to the edges of the white, blue (most...
After a historic rise of over 700% from the recent bottom, HBAR has retraced from around 40 cents, corresponding to the 0.618 fib extension level to its all-time high. Whether this constitutes an Elliott Wave 4 or not, it forms a parallel channel. Parallel channels often suggest complex corrections, so this could be labeled as WXY or WXYXZ unless it clearly...
Hedera Hashgraph (HBAR) is showing notable strength with historic high volumes, aligning with my previous long-term bullish outlook: However, some pullback around the April 2024 high could be expected in the short term, although there remains potential for further upward movement earlier next week. Should a significant retracement occur, targets could be...
Bitcoin (BTC) is currently experiencing a retracement from the 100k resistance level, marking the first time since breaking out from the previous 74k high that it has printed consecutive lower lows on the 4-hour timeframe. A significant ascending trendline (red) has been broken, suggesting a further decline even if BTC rebounds at this level. However,...
I must admit that the bearish prediction for Bitcoin and the entire crypto market has been completely invalidated. I now consider the 130k-140k scenario for BTCUSD, which I suggested as a candidate in my previous analysis, more likely. Previous Analysis: With President Trump's re-election, the crypto market is in a good position fundamentals-wise. On that...
After a while, here is the BTC Momentum Tracker series again. For those new, please refer to the previous articles: (Tutorial) (Most recent installment) I refracted to the fact that it may have lacked precision, so I've changed the HELIO (Highlight Ext 'l Indicator Orders) Signal indicator algorithm that compared Momentum Tracker data to obtain past...
This is basically a repeat of the previous article: which references: Bitcoin(BTC) is forming a so-called Bearish Dragon pattern. The image shows this asset has declined after the pattern formation in the 4-hour and daily charts. My automated indicator identifies this pattern based on the relationship between highs and lows and by comparing several...