GustavoCastaneda1

GustavoCastaneda1 Jun 7

Hello! Analyzing the Bitcoin price again. BTC's price action has remained in a very good consolidation zone, where it has shown strength and a real intention to remain bullish. Currently, Bitcoin is declining slightly, attempting to capture the latest liquidations to launch a strong bullish movement. The area of ​​greatest interest is near the previous high....

GustavoCastaneda1 Apr 1

Hello! We have confirmation of a double bottom. Eth has a bullish pattern, the price reached the liquidity zone at $1,780, took positions, and the price began to form a double bottom. The price of Eth has already gained liquidity, and on a weekly and daily chart, the price will be looking at $2,500. Remember that a weekly chart is for seeing results between 20-30...

GustavoCastaneda1 Updated  Mar 27

Hello! Today we're going to analyze Bitcoin's price action. It's currently rebounding. The movement doesn't seem to have much strength. However, let's not forget that on a weekly chart, Bitcoin is at the end of wave 4 of Elliott's theory. We have a very clear scenario: a rebound to $91,000, which is an area with a lot of shorts and liquidity. If buying pressure...

GustavoCastaneda1 Mar 23

Hello friends! I'm back with an analysis of MSTR. As we can see, the price had a significant drop of 57% from November 2024 to March 2025. The price is highly correlated with Bitcoin, and said cryptocurrency is in a wave 4 within an Elliott wave pattern. Therefore, Bitcoin will be returning to test $110,000. Therefore, MSTR, holding 499,096 bitcoins, will see a...

GustavoCastaneda1 Mar 23

Hello friends! Well, I'm sharing my opinion. Eth is feeling boring. There isn't much volatility, however, the rebound is clear. It's clear that it will be testing the $2,250 area. However, there are two scenarios: A) A brief approach with a very sharp rejection. B) A strong upward breakout to use the $2,250 area as support and reach the famed $2,500, which is a...

GustavoCastaneda1 Mar 21, 2022

Hello World! Me again, today we are going to analyze the behavior of Bitcoin and its next big move Bitcoin is in the highest zone of the range that we have been having in recent weeks, however time has run out, in the next few days Bitcoin will have a break to the upside looking for $46,700 and possibly we will have a small rally towards $55,200, It is important...

GustavoCastaneda1 Feb 24, 2022

Hello World! Today we will analyze the daily chart of bitcoin and make a projection for the next 30 days. Despite all the political and international issues that seem to affect the price, bitcoin remains in the last impulse of Elliott wave 5. According to the Elliott Wave theory, wave 5 could end with a major absorbing candle, especially if the daily candle...

GustavoCastaneda1 Feb 14, 2022

Hello World! Today we will make a projection for the next 48 hours. The 4 hour chart is clear, the price will range or fall, if it rises it will not go above $44,000, it will quickly be rejected as the move has no volume, no strength and time is running out. The highest probability will fall, how much will it fall? The target prices will be $33,000, this decline...

GustavoCastaneda1 Feb 9, 2022

Hello World! Today I am going to analyze the weekly chart of Bitcoin Within a weekly chart, the price of Bitcoin would have one more setback to the last zone of $33,000 since the volume within the daily chart is still very low, time passes and Bitcoin does not rise strongly, this is a very bad indicator. This last setback that Bitcoin will have will be to take...

GustavoCastaneda1 Feb 8, 2022

Hello World! Today we are going to analyze Bitcoin gaps on a daily chart Bitcoin will have a setback, these drops will serve to close the gap between $41,420 and $40,935, the prices that it will touch would possibly be $33,000, it is important that the price does not drop below $30,000 since in case of lowering the probability that it will drop to close The gap...

GustavoCastaneda1 Feb 8, 2022

Hello World! Today we are going to analyze the price of Ethereum on the daily chart Ethereum has a complex outlook since the volume with which the price rose was very little, we can see that it was dated at the first resistance of Fibonacci 38.2, which indicates a strong downward trend, as we can see Ethereum has as its last resistance the area of $2,200 and...

GustavoCastaneda1 Feb 8, 2022

Hello World! Today we are going to analyze the price of Bitcoin on the daily chart Today we maintain the Elliott wave scenario, there are 3 impulses and 2 retracements, the price begins to go to wave 5, this last downward impulse will not always pass through point 3, sometimes the failure of fourth occurs which is an impulse with little force. On a daily chart...

GustavoCastaneda1 Feb 5, 2022

Hello World! Today we will analyze the daily chart of Bitcoin Bitcoin is reaching wave 4 within an Elliott wave, this means that they are not buying zones, they are profit-taking zones or to protect your long or spot position. The price may touch $44,000 in the next few days, however, it is still not a buy zone. Price, volume and time always go hand in hand, in...

GustavoCastaneda1 Jan 31, 2022

Hello World! Today we will analyze the 4 hour chart of Ethereum Ethereum has the same chart as Bitcoin, however in the Alcoins we can see less volume therefore the movement is less strong, the rebound movement of Ethereum will take it to touch prices of $2,974 as the first resistance, if it is able to break this zone will go to look for prices of $3,183, however...

GustavoCastaneda1 Jan 31, 2022

Hello World! Today we will analyze the 4 hour chart of Bitcoin The 4 hour chart of Bitcoin has been very calm, however everything seems to change, we have an ascending triangle about to break the formation and start to touch the prices established in a past analysis. These are no longer buy zones, they are zones to start taking profits or protect the trade, the...

GustavoCastaneda1 Jan 25, 2022

Hello World!! Today we are going to analyze the price structure of Bitcoin. As we can see Bitcoin is in Wave 3 heading into a Wave 4, the price had a big absorption in that zone which is good for Bitcoin. What to do now? We have two options, buy a small percentage and wait for wave 4 to rise and take profit to buy again in wave 5, this wave could be the end of...

GustavoCastaneda1 Jan 21, 2022

Hello World!! Today we are going to give an update to the daily chart of Bitcoin. I will do the analysis in 3 parts. 1- What has just happened with the price of bitcoin is called liquidations, there were Stop loss orders at $38,000 and $39,000, for this reason the price fell very quickly, the analysis and projection for a daily chart remains bullish. 2-...

GustavoCastaneda1 Jan 18, 2022

Hello World! Today lets to analize the Bitcoin price action in 4 hours chart. I have good news for alls, because the next movement is bullish, Why? Cause we have absorption candles with volume, so there are people buying in the lower part, plus the RSI show a accumulation zone maybe today at night or tomorrow in the morning we will have break out in the RSI, this...