MONEER618: Bitcoin and the next trend
Updated
In the previous analysis entitled
MONEER618: BTC goal from 23217 to 10672
During a follow-up on the same page, we expected that the constituent wave would be at 48189 so far, it will be five waves, and it is so until now
Analysis
We expect that we are now entering the last fifth wave of the wave that started from 48189, and its descending target will be at 24784 - 23226
As an expected bearish target, this represents 61.8% of the length of the first and third waves
The numbers from 27334 - 26370 in the event of the fifth wave interruption
In the event of the wave extending, we will have a bearish target to the level of 16950 - 20657
========
Conclusion
We expect a bearish target for the current wave from 48,189
At level 24784 - 23226
Then it will be a bullish bottom for a correction wave for the downside path, and this will be on the date of
8/6/2022
08/Jun/2022
Approximately more or less 5 days at the most
The next wave will be a correction wave in the form of A B C
It achieved at least 38.2% of the length of the current bearish wave
Good luck for everybody
MONEER618: BTC goal from 23217 to 10672
During a follow-up on the same page, we expected that the constituent wave would be at 48189 so far, it will be five waves, and it is so until now
Analysis
We expect that we are now entering the last fifth wave of the wave that started from 48189, and its descending target will be at 24784 - 23226
As an expected bearish target, this represents 61.8% of the length of the first and third waves
The numbers from 27334 - 26370 in the event of the fifth wave interruption
In the event of the wave extending, we will have a bearish target to the level of 16950 - 20657
========
Conclusion
We expect a bearish target for the current wave from 48,189
At level 24784 - 23226
Then it will be a bullish bottom for a correction wave for the downside path, and this will be on the date of
8/6/2022
08/Jun/2022
Approximately more or less 5 days at the most
The next wave will be a correction wave in the form of A B C
It achieved at least 38.2% of the length of the current bearish wave
Good luck for everybody
Note
((( 08/Jun/2022
Approximately more or less 5 days at the most
The next wave will be a correction wave in the form of A B C ))))
8-15-Jun
Note
Note
It's reached his first goal at 20104Note
This is supposed to be the last drop, after which it will enter an upward correction wave.Targets to drop between 18000 - 17250-17830
this is my last analysis
So let's see what happens in these areas. To confirm this, you must follow the MACD indicator
To confirm the signal and the end of the drop from the quarter-hour frame to the hour to confirm the last and most importantly on the four-hour frame
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