This bttc3s coin post is an application of the Elliot Wave theory. BTC is going to crash at 59k and then down to who knows where at this point. I can at least predict a retest to the previous high which is a (b) correction before a final (c) correction.
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- I haven’t posted lately because I had COVID, and I am a graduate student juggling a few early NFT projects and learning the fundamentals of finance for stocks.
- The regulators are stepping in because the markets have gone out of control and the housing market is affected by…
- Your current plan allows analytics for only 5 channels.
- The new charts for the new year have been populated at this time.
- The lines are fractal bottoms and tops with corresponsing fractal price action.
There was too much medical innovation similar to the dot.com bubble where there was too much internet innovation. The regulators are stepping in because the markets have gone out of control and the housing market is affected by… I haven’t posted lately because I had COVID, and I am a graduate student juggling a few early NFT projects and learning the fundamentals of finance for stocks. If anyone is interested in checking out my collection of over 1,000, then check back in a couple weeks for my updated profile. Now that I’ve been well, I have more positive thoughts for a bullish outlook… The monthly candle for December, needs to close around $18,300 before the new year or else further downside.
MACD is not as reliable as some of the indicators, but the projections are sometimes accurate. The bull moving average which is not shown on the chart did populate a buy signal, so a reversal… Bitcoin is showing a drop to the golden pocket (0.618) and support of the gaussian channel at the recent and current price action. This time I used the Heikin Ashi candles which are supposed to filer out some noise in the price action. If this data is correct then a bullish reversal should begin soon.Also, a retrace to 1.618 is not possible if this target is not…
As you can see a fresh bull cross with the 12/50 EMA and the gaussian moving average has just begun. Bitcoin broke out of a falling wedge in November on the… Cryptocurrency investment is subject to high market risk.
Anyway the indicator works well with stochastic and predicted the Luna crash before it happened. This is an updated chart with new fibs that populated today at 8pm eastern standard time. The new charts for the new year have been populated at this time. The 1 week chart shows a breakout from a falling wedge pattern and literally no where else to go below a 0 fibonacci retrace pattern. Clear as day Nasdaq 100 rules the global economy. We are seeing a significant sell-off after COVID-19 market innovation.
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MEXC Global will make best efforts to choose high-quality tokens, but will not be responsible for your investment losses. We are committed to providing users with a service that is safer, more efficient, and more reliable for the trading of digital assets. This post is an addition to the Bitcoin 1 Week post earlier today. Indicators I still find problematic are the MACD on the 1 month chart which shows a downtrend until May.
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- Now that I’ve been well, I have more positive thoughts for a bullish outlook…
- Bitcoin is showing a drop to the golden pocket (0.618) and support of the gaussian channel at the recent and current price action.
- I do think a bull run has just begun, in the short-term.
- This Fib chart is only designed with the fib channel on the 1 month time frame.
- We are seeing a significant sell-off after COVID-19 market innovation.
- I can at least predict a retest to the previous high which is a (b) correction before a final (c) correction.
The green midline of the gaussian channel has been a bullish support for Bitcoin. The lines are fractal bottoms and tops with corresponsing fractal price action. Your current plan allows analytics for only 5 channels.
While not using a log chart, this idea could work in the short term. I do think a bull run has just begun, in the short-term. This Fib chart is only designed with the fib channel on the 1 month time frame.
Watch out for BTC blowing past the major weekly trend-line. I think there will be problems if BTC goes below the green trend line which is around 23.4k. Not to be the scary bad news breaker, but we could see a LUNA crash repeat with Bitcoin or if not then a long drawn-out bear market for the next 1-2 years. We have to take trading the market 1 day at a time… Right before the Luna 1.0 crash I noticed the stochastic and the wave trend indicator were both overbought at the same time. The wave trend is like a momentum combined Twiggs money flow.
Okay, so SOL is breaking out of the bullish channel and my final prediction is $32 sometime in February. I believe that SOL is in an Elliot Wave correction and the previous (1) of the bullish run will be support. SOL has to breakout bearishly from the current channel to form a new bullish channel.
