SEC says spot bitcoin ETF filings not clear and comprehensive. Interpretation: According to my understanding, the news tends to lag the market but this doesn't really change anything (something else forms the patterns)! We'll see
Chance favors the prepared mind (Louis Pasteur). Are You Ready? Technical section: Correct Counting:
the underlying pattern appears to be a running flat (I see signs of weakness) Target 1= $ 1941 Invalidation level = $ 2086
" The bear market is officially over " Technical Section:
If the pattern looks like this, yeah, the larger trend looks exactly the same (& the market should decline dramatically)
Chart is self explanatory. Target = $ 37k - $ 39k *MFI (1W) = 91 overbought
Target-1 (short term) = $ 45 Target-2 (medium term) = $ 95 Target-3 (long term) ----> 1 ETC = 1 BNB You know what I'm saying is true, I know you know! Appendix: 1- BNB (2021-2022) 2- Ethereum Classic (ETC) is not a security under existing United States laws
A possible path for the upcoming days Target = $ 0.138 Check out my previous analysis
Pattern: Ending Diagonal (these formations are analogous to the extension of an impulse wave) Structure: 3-3-3-3-3 Proper action: I will be watching 38k before buying more Target : $ 41500 Stop loss: $ 34000 Nov 15, 2023 Comment:
A laborious proof: Motive Waves (If my analysis is correct ...): Wave X (blue): The rise from 2020 to 2021 was wave X (keep it simple!). Corrective Waves (Expanded Flat): Wave A (black): (Apr-Jun) 2021 was a "A" wave (Wave A = 61.8% of Wave X). Wave B (green): Wave B terminates about at the level of the beginning of wave A (Wave B = 123.6% of Wave...
A possible path for the upcoming days (Target = $ 39000) (Check out my previous analysis) May 29 Feb 3
According to my understanding, wave 5 terminates well beyond the beginning of wave 4 (wave 5 is still not complete) Technical Section: In this chart above, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself. How often does this happen? Our "experience" tells us that it happens (very often). Target : $ 42000 - $ 45000 Stop...
As you can see, the first wave is home to the bull whales. (Huge volume) Technical Section (Wave 5, Lesser Degree): As shown on this chart, wave 3 is less than 161.8% of wave 1, as a result, the 5th wave overextends itself. We'll see. Extended Wave 5 = either 61.8% x length (beginning of Wave 1 to top of Wave 3) or = 100% length of (beginning of Wave 1...
The relationship between these patterns tends to show that: Wave c > 61.8% of Wave A, as a result; Wave C is still not complete (Wave C = 100% or 123.6% of Wave A, Target = $ 40300 or $ 44000)
Wyckoff calls for higher targets. possible outcomes: Accumulation - Phase D: Target 1= $ 0.065 Target 2= $ 0.1 Target 3= $ 0.138 Accumulation - Phase E: Target 4 =$ 0.192
Target = 0.00146*3*44 = $ 0.19272 (USTC should hit an ultimate target of 0.192) We will see.
See the forest clearly! Target-1 = $ 1923 Target-2 = $ 2033 we will see.