Hello guys! New trading week started, so finally we can see some clear picture at BTC chart. Seems like we moving in ABC Elliot Correction Wave, now in B wave and seems like we will see C wave this week. Plus we have descending volumes. The area to open position from current price till 67.500$. SL and TP marked at the chart. Important! Always follow RM...
Hey there! We can see huge gap at SP500, also looks the same like at the previous movements. Stop loss and Take profit at marked w read and green lines. IMPORTANT! Always follow RM strategy, trade not more than 2% of your deposit! LMK what u trading this weeks?
Hey there! My previous idea was deleted by moderators. There was a bearish pennant that broke up, so now I see two ways of release. I am still expecting the 3rd wave of the ABC correctional wave, plus descending volumes and RSI moving at the top edge. And here the target I see is around $57,000, the previous support line. But another scenario is also possible...
Hey guys! Today, I'm seeing a rather dim picture for Bitcoin. It appears that we're currently experiencing ABC Elliott correction waves. Furthermore, despite a minor uptick, I'm observing a bearish divergence, and overall, trading volumes seem somewhat weak. The weekly support line is situated around $52,000. Additionally, historically, BTC tended to correct...
Here is a long-term analysis aimed at understanding when BTC is likely to reach $100,000. According to previous movements, we are currently in the Elliott Waves pattern, specifically in the 3rd wave, which typically represents the largest movement in the pattern. Therefore, during the summer, we can expect consolidation, characterized by ABC correction...