Everyone, This is my last week of posting signals as Holidays are approaching and market will be on Holidays as well.
Since November we have tripled our account and all signals were provided to you in Tradingview for free!
All you have to do is stay tuned with me.
So BTC and some thoughts of what's coming.
Lets get to it,
On the weekly timeframe we observe the following.
Price now is on the 3rd wave which is the longest one, 4th wave will be the retest before the 5th and final wave.
Explanation as below:
Now as we search for confluences this is what i found
First we create our range, we have the range High @ 47k and range Low @ 17k and a liquidity zone in the middle which was respected in the past.
What i am waiting to see is a deviation above range High or SFP before we start declining to a correction.@ 48K
Explanation of the waves
1st wave we had a rejection at 29-30K resistance and on the trendline/downtrend. (Done)
Since we broke out of that resistance we needed a retest, thats 2nd wave. (Done)
3rd wave took as were we are now, and 3rd wave is the biggest one, now we are hovering around the resistance area @ 45k-48k (now/present)
Possibly we get a rejection and thats the 4th wave coming in. (waiting for confirmation)
You see, historically in May 2021 and Jan 22 we got a bounce out of this liquidity zone so as a confluence i will use it for the 4th wave. Also 50 RMA is below that liquidity zone and acts as support.
Next the 5th wave needs to get above that range High for a liquidity grab and the final wave before the start of the correction. (waiting for confirmation)
The above are just my thoughts, you are free and welcome to join the discussion.
Its not a trade signal or financial advice. Once we confirm the price action and movements we can trade.
I will start posting new signals from January 2024.
Until then, Merry Christmas and a Happy New Year to you and your families!
Warm Regards,
Arkverse365 out!
Since November we have tripled our account and all signals were provided to you in Tradingview for free!
All you have to do is stay tuned with me.
So BTC and some thoughts of what's coming.
Lets get to it,
On the weekly timeframe we observe the following.
Price now is on the 3rd wave which is the longest one, 4th wave will be the retest before the 5th and final wave.
Explanation as below:
Now as we search for confluences this is what i found
First we create our range, we have the range High @ 47k and range Low @ 17k and a liquidity zone in the middle which was respected in the past.
What i am waiting to see is a deviation above range High or SFP before we start declining to a correction.@ 48K
Explanation of the waves
1st wave we had a rejection at 29-30K resistance and on the trendline/downtrend. (Done)
Since we broke out of that resistance we needed a retest, thats 2nd wave. (Done)
3rd wave took as were we are now, and 3rd wave is the biggest one, now we are hovering around the resistance area @ 45k-48k (now/present)
Possibly we get a rejection and thats the 4th wave coming in. (waiting for confirmation)
You see, historically in May 2021 and Jan 22 we got a bounce out of this liquidity zone so as a confluence i will use it for the 4th wave. Also 50 RMA is below that liquidity zone and acts as support.
Next the 5th wave needs to get above that range High for a liquidity grab and the final wave before the start of the correction. (waiting for confirmation)
The above are just my thoughts, you are free and welcome to join the discussion.
Its not a trade signal or financial advice. Once we confirm the price action and movements we can trade.
I will start posting new signals from January 2024.
Until then, Merry Christmas and a Happy New Year to you and your families!
Warm Regards,
Arkverse365 out!
Always do your own research guys. This is speculative but i'm short now.
Blackrock and the big Wall street tie guys will short the market hard because they now own BTC, needs to clear the market from traditional traders so they can buy low.