Since Bitcoin has lost its ascending channel, it has risen from the support area, now it has pulled back to the green line and may continue to pull back to the ascending channel, but for now we will have a correction in Bitcoin. It has to be seen if this reform will be deep or if it will be supported from the support area
If we look at the weekly gold chart, we see exactly the pattern of regular flat correction, where each wave is marked as a microwave. In flat correction , C wave will be in the form of a 5 wave, as we see, is doing 3 wave , and after the end of 3 wave , we will have a correction as 4 wave , and then the final 5 wave, which targets can be as same size of an A wave...
Friends, this is bitcoin analysis based on pitchfork Bitcoin came out of its purple upward pitchfork, hitting the first resistance line in the middle of the blue pitchfork If it crosses this resistance, it will have two resistors , 200-day weekly moving at 25300 and the middle line of dark descending pichfork at approximately 22600 to 23000, which may be the end...
Just looking at the Bitcoin weekly chart, we can say that the targets can be 100% a wave or 161.8% a wave , and in the worst case, 261.8% a wave , where the size of a wave is marked in blue and the target lines are in Fibonacci. And after flat correction , if our correction is unique, the upward wave starts, but if our correction is double or triple, after flat...
According to my previous two theories about bitcoin and having 4 ideas for the final part that I have already explained, I must say that 3 ideas have been completely rejected and only the zigzag correction for the last box is correct predicted that C Wave can drop to 61.8%, 100%, 161.8% or 261.8% of A wave. Of course, wave C can be in the form of a 5 wave, which...
IMO, we have two scenarios for gold , which I will put the second side as a link at the bottom This is the most complete count of my Elliott waves in these two scenarios in the correction wave All final targets are plotted as a percentage of Fibonacci www.tradingview.com
We are now in the final part of bitcoin correction In the final box, one of these three modes may be happen I put their image as a link
According to my previous idea, One of the modes that may occur is not included in the previous idea, which is likely to be zigzag and a C long wave and may be longer than A wave (161.8% of it).
Guys get ready for a long We are in the C correction wave, which can be in the form of five waves The end of wave C can be any of the yellow lines, each of which has its reasons The lowest value can be 78% Fibonacci, ie 1840, which is also the floor of the pitchfork After that, gold will definitely have an upward trend FOREXCOM:XAUUSD
Hi everybody I come back with a good elliot analysis This is my count in elliot wave in last part I think after than Gold will see 61.8 fibo we'll have a long FOREXCOM:XAUUSD
As we can see, we are in a critical location, which is the range of the bitcoin heavy resistance, as well as the resistance of the middle line of the channel and the end of my descending fork. If the weekly candle closes above 51,000, Bitcoin will fly up to 72,000 BINANCE:BTCUSDT KUCOIN:BTCUSDT
Hi friends I put first my analysis about BTC Looking at Bitcoin Monthly Candle IMO, we are in the third main wave, but we are currently in the correction wave 4 out of 3, where wave 3 is marked separately as a five-wave with Latin letters. After the end of C wave of 4 wave , whose targets for C wave are marked with a yellow line and an elliptical circumference,...
Friends according to my previous idea (elliot wave) in the weekly chart, we expect gold to fall here for two reasons Trend line resistance and 161.8% Fibonacci (1972 to 1978) Now we are at a critical juncture and gold has broken the resistance of my previous pitchfork (1960) and gold may want to experience a higher level where the targets are marked with a yellow...
This's my idea in long time (weekly candle) I think that after 3 wave or B wave in weekly candle we'll have fall to rectangular blue after than there indicates whether we are in an impulsive wave or a corrective wave C
I had 2 idea one B wave be just one zig zag abc after than C wave else we have a wz wave for B wave after than C wave I think that daily and weekly candle closes in top and most likely next weekly candle will fall target for B wave show by yellow line
MY friends I think that we are in correction wave yet but we have 2 idea first we are at the end of B wave and gold will fall of 1926 for C wave secondly we'll have 5 wave after than gold corrects down to precentage of fib but if we'll have a 5 wave,it possible start for impulsive wave OANDA:XAUUSD FOREXCOM:XAUUSD
After end of 5 wave we'll have fall and percentage of fibo are target I don't give any target cuze end of 5 wave not determine OANDA:XAUUSD FOREXCOM:XAUUSD
This's my count in 5 main wave We can have a long after gold returns to 38% Fibonacci for 4 of 5 main wave OANDA:XAUUSD FOREXCOM:XAUUSD