Btc-bitcoin
BITCOIN (BTC) analysis by Elliott Wave theory on monthly basisSince 2017 starting point of BTC, it have Ist wave in triangle pattern (means mostly if 1 wave have triangle pattern then 3nd wave is longest which have completed in BTC & hit 3.618% of Fibonacci ratio. 4 wave taken more time consumed & 5th wave also complted as per elliott wave. then big correction has also done (a,b,c in form). hence total 08 wave have complted of elliott wave.
Note: Now new Impluse wave has started. if anyone buying BTC can this level this is only education purpose.
BITCOIN (BTC) analysis by Elliott Wave theory on monthly basis.
Triangle pattern
Triangle pattern
3.618% (64K) touched, fibonacci ratio point exactly
Corrective wave also completed through Elongated pattern
TARGET: Future target but take time (But it can in form of Impulse wave or in other wave. but this is right time to buy BTC
Btc Last Support To attract 31000$This is an educational idea only, do not take it as investment advice.
BTCUSDT looks range bound. If falls below 25800 we can see a fall upto 19800, if bounced back from 25800 we can see a rise upto 31000.
Let us connect and discuss more possibilities on day to day basis.
#btc CRYPTOCAP:BTC #crypto #sec #binance #bnbbull
BTC long opportunity. Targets 31.4kAs we can see BTC has formed a hammer candle on a retest zone, We might hit a new higher high. If that happens we can surely lookout for long opportunity on next retest near 30460 or if it forms any bullish retest signal above that which will probably give the targets of 31432 & 32000. Let's see & wee.
Why?
Strong hammer on 78.60% fib.
We already have a breakout from a long & strong consolidation from 27.7k to 28.8k.
What can go wrong?
Wait for a new high. It is also possible to have a double top or head & shoulder near recent high level or before that.
Bitcoin chart , direction is clearas the upper line is working as a trend line for btc but not along with its range as the ends the market will move against the sentiments,
beware with your trade the fluctuation will not be slight , it would be highly volatile
for further details
stay connected and stay tuned
thanks!
THIS IS BITCOIN TETHERUSSo as you see on 4H there's CHoCH so I created first POINT OF INTEREST { POI } for long and now waiting for Mitigation so I placed an order for long! But then we saw a rejection on 16FEB23 21:30 with big candle and small body. Next day on 17FEB23 1:30 another HUGE RED CANDLE so I have to mark POI so I mark another POI and wait for Mitigate. MITIGATION means we have to wait for the market to come in the POI price entering the box is called MITIGATION.
18FEB23 1:30 price entered the box and we can see a price consolidate.
19FEB23 13:30 placed short entry and my SL is above New HIGH which created on 16FEB23 21:30 @25250
RRR 1:3
21FEB23 13:30 we saw a rejection again! REJECTION FROM PREVIOUS HIGH!!!
CORRECT ME IF I'M WRONG!!!
$BTC attempts to break my liquidity box$BTC has previously made three attempts to break the liquidity box but was unsuccessful in doing so. A rally to 29k can start with a close above 25.2k. Normally, it takes 4-5 solid volume attempts to crack a box like this.
Not a financial advice
Trade at your own risk
PPTUSDT : Looking for Long!PPTUSD is looking for a great buying opportunity after having descending channel & double bottom expecting TG to reach at 1.3$






















