Hi everyone,
I've put together another two possibilities for BTC based on what we've seen in the past little while - one bullish and one bearish case, but both extremely dependent upon what we are currently doing.
This looks like BTC is forming a triangle at the moment (so far we've seen 3 and 3 monowaves for A and B, wave-C currently looks like it will follow...
From price perspective wave E can be bigger than C and it can go to under 1.23.
In addition, time of A & D waves also B & D waves are similar to each other. In diametric 5 waves are similar to each other and 2 waves are different so i think wave E will have lower time like B and C and will end in 1 or 2 weeks.
Also, wave F can have lower time with 600 pips...
Hi guys,
Pretty sure I was wrong about the larger diametric. I think this makes more sense overall, we are probably in an X-Wave, and this is potentially Wave-4 of the first leg of the X-wave. Should head near the high of the run again, then head downwards for a while for Wave-C of Wave-4 (see chart). I will include a larger picture of what I think potentially...
Hi Guys, this is an ending diagonal I am anticipating it to complete the 5th wave to the downside . Breaking this consolidation looks like a nice sell setup.
Trade with care
Thank you for your support.
Hi guys,
I think we may be playing out a series of bearish diametrics. The two current ones have not been confirmed, but one is very close to confirmation. I think BTC may play out something along the lines of what I've included in my chart - the smallest one being more likely than the second, but the second larger one also having a very real possibility. I think...
If waves detection is correct it means major correction has been ended and new rally has been started which will be continue for some monthes.
If bitcoin doesnt go under 7500$ we will work with this scenario.
Bitcoin compensated 80% of 2018 major drop untill now but regarding to our analyse this is the start point of this compensation.
Be aware that this is...
Hi guys,
Spotted this Diametric on the 1min actually, but can't post that short of TF on TV... even though it's really relevant.
Once we complete Wave-G (price is approximate, just look for 3 internal waves to complete, then it's over (two up, one down). We will continue the ABC correction down, down down.... Don't short here (yet).
3 correction waves have been created in wave E untill now.
Completion Time of wave C is very lower than wawe A, if we change the starting point of wave A, completion time of wave C will be around of august and we cannot accept that the sharp move will be the end of the wave.
Also from price perspective, it seems that we will have correction from 1430$ as wave X...
