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Elliottwaveanalyis

BTC Elliott Wave count 4H TFI will remain at the same count on Bitcoin as I posted previous week. See my related idea. Bitcoin still has the chance to correct deeper at 24000 (0.5 fib retracement) with an expended flat for wave 2 but if price break above 29000 on 4H TF than we may say that wave 2 finished at 0.236 fib retracement of this leading diagonal impulse and it started to go for a wave 3. I will post updates weekly soon as I see a change into the price action. If you like my analysis hit the like button and subscribe for future updates. Thank you and good luck!
COINBASE:BTCUSD
by Cross10XSignals
7
ETCUSDT | Wave Projection TFW Ending Diagonal Breakout SetupWave analysis with price action & chart pattern bullish outlook - a potential ending diagonal breakout setup > The weekly price with triangle pattern and candlestick squeezed between EMA 200 week zone and potentially breakout near the apex zone. > Now with multiple false breakdown, possible pinbar long entry setup pattern. > Target Zone: 0.618 - 0.786 Fibonanci retracement - Volume profile point of control area + 80% upside > Stoploss Zone: previous low with a pinbar looks like the right shoulder of a mega inverted Head & Shoulders -20% > RRR: 4:1 RSI TFW bullish signal - uptrend above MA and squeezed below 50.
Long
by dukeposh
Bearish on the Euro below 1.0930Ever since the 1.1033 high from early February, it seems like the Euro is trading in a complex W-X-Y correction. The 1.0930 level reached last week is the critical point we are looking at. As long as we continue to trade below it, odds favor another run lower which should break below 1.0516, targeting at first 1.0460, the 38.2% retracement of the rally from 0.9569. A break above the mentioned resistance negates this view and confirms that the correction ended at 1.0516.
Short
by tchamoun
BTCUSDT | TFW Wave Analysis | Inverted H&S Retesting Neckline?The current uptrend wave is potentially a leading diagonal with a valid inverted head & shoulders reversal pattern breakout - now with a DOJI candlestick this week, the price could retrace to the neckline level 25k, watchout for a false breakout then most likely to breakdown - SHORT ENTRY to the neckline level and EMA200 week -20+% downside (A valid inverted H&S consists of a strong downtrend with at least twice length of the head & shoulders pattern and massive volume breakout)
Short
by dukeposh
1
BTC Elliott Wave count 4H TFAt this moment I have an ABC scenario that may also be an impulse with wave 3 instead of C. Wave A or 1 finished at 2.618 fib extension wave 1 (of wave A or 1) vs wave 2 (of wave B or 2), wave B or 2 that may be an extended flat pattern finished at 0.5 fib retracement of wave A or 1. Now probably we have finished also wave 1 from wave C or 3 ( a leading diagonal that may continue up to 0.618 (29550) fib extension 3 vs 4 (blue count). I am expecting the wave 2 from wave C or 3 to fall at 0.382 - 0.5 fib retracement zone (if wave 5 (blue count) from this leading diagonal is finished now and will be truncated). If will lose 24000 I will do not have so much confident in this count. I will post updates to this count anytime I see a change into it. Good luck and have a great weekend! Press like button and follow if you want to see more updates. Thank you!
COINBASE:BTCUSD
by Cross10XSignals
Where BTC going from here? BTC find bottom? Last 4 - 5 months I tracked #Bitcoin to see when it will hit the bottom like many of you and I was expecting capitulation before we see a strong move up from BTC. Did Crypto find bottom, Alts and BTC? I'm not 100% sure but altcoins made nice 50%+ move some even bigger move from bottom. If you are not already long on some of these movers or if you catch some of these moves I guess it is a good time to take some profits from table and move Stop in profit. I'm 100% sure I will not long here. Why? Because I'll wait to see where this going from here. Can Bitcoin push from here without retrace? Sure, it's possible, but the question is what kind of traders are you? Holder? Where to enter and where to place Stop? Anyway this is what I tracked these months for #BTC and what I was looking for (I know bear option is not popular) and what could happen. Back in September '20 the first harmonic pattern I spotted (after BTC make big drop) was bullish Shark pattern. I also noticed that is choppy waves and usually it is not a good idea to take long in bearish market. I got the bearish harmonic pattern in result of how the price moves (small Butterfly harmonic pattern) Again, I noticed choppy waves (not impulse, this move should be part of some larger correction) At same time, I got a larger harmonic pattern (121 pattern) and 5 - 0 pattern, that is a specific harmonic pattern (small margin for error) I assume this is just internal (inside) correction of larger move down (from 25k to 18k) and I have confluence of 3 #harmonic patterns. Risk to Reward (R:R) is good and in bearish market is always a better option to ride with trend. Clear Entry, Stop and all Targets. So, Bitcoin reached all targets, for one small and two larger harmonic patterns. After that drop, the next pattern I got is small Cypher and Anti Butterfly pattern. Like I said before, it is not a good idea to long in bearish market but these harmonic patterns reached all targets (I ask myself maybe trend is going to change)? After a nice move from that bottom, Bitcoin reached new larger bearish harmonic patterns (very large 121 pattern and Cypher and Anti Butterfly) These patterns even reached PRZ however they still did not reach "entry". The question is will it be invalidated (not reached "Entry" before break up) or we will see valid harmonic patterns (hit entry) and reached some targets? One of the reasons to be careful is because I can see two more possible harmonic patterns above (Crab and more upside Nen Star and Anti Bat). If this is not bottom one of the options are this Elliott wave that I see. I guess soon we will see where the top is for this move up (if this is bottom) and what kind of move down we will see after we find top (if this is not yet). 3 or 5 wave down. Enjoy and good hunting.
by CryptoArch_