BTCUSD is about to get done with the Bump phase and heads to the Run phase.
Happy Trading.
Happy Trading.
Komentarz:
Komentarz:
Komentarz:
Komentarz:
Komentarz:
Wave A seems done and wave B has just started.
Komentarz:
Wait for wave 5 then long at wedge breakout to catch wave C up.
Komentarz:
I think it's ready
Komentarz:
Komentarz:
Broke out of the first trend.
Komentarz:
The second part of the bear cycle has just started as it broke the triangle
Komentarz:
In the last update, I showed the breakout of the triangle and BTC is still going for lower levels since then. As per Elliot waves, that triangle is wave B (abcde) pattern where wave e was short and didn't test the upper band of the triangle. This indicates that the bear cycle is quite strong. BTC is now in Wave C.
Komentarz:
Possible retrace
Komentarz:
I think the pullback is done. It might resume the down move next week.
Komentarz:
It did the retest and reversed as expected. I think 6800 is an area to test next.
Komentarz:
I think the coin has completed ABCDE pattern and will start declining targeting new lows.
Komentarz:
A fresh low 5500
Komentarz:
A major breakout. The coin is heading to 1150 as it appears.
Komentarz:
It's never been a free market and will never be.