Get started

Cryptomarket

The Elliot wave pattern continues? Yes or No? Lets watchin my previous analysis, i have mentioned that BTC is testing important resistance zone. and Yes, BTC was rejected from 30600 levels and now trading around 26500. It was my stop loss point in the analysis. But Now, BTC is looking bullish as pattern in 1 Day chart indicating towards the Elliot Wave Pattern. But also BTC is testing 100 MA support levels in a Day candle. Previously ( Highlighted in Orange circle ) it was tested at 20400 levels and you can see a bullish pump in BTC. are we going to face the same? well, i have feeling that Yes. but there are few conditions; 1) If we see the same pump as per previous time from the 100 MA support line, We are good and BTC can test the levels of 33K to 35K . Its a very strong resistance in terms of volume, as per my VRVP indicator. 2) If we see more downtrend, BTC going to test levels of 23K to 25K . from there we can see a pump in BTC to levels of 30K to 33K . Now, i was following my previous analysis, i have taken Short Position from 30200 levels and closed at 27500. Good Profit. BINANCE:BTCUSDT 😃😝. again, i have taken short position from 28700 and closed at 26200.🤩 Please dont forget to add stoploss in any of your trad. Have a safe trading!!!
by Mr_Mainra
BTCUSD possible Elliot wave counts of bitcoinHello Friends, Here we had shared possible Elliott wave counts of BTCUSD-BITCOIN on 4 hourly chart, in which we can see post bottom formation in November 2022, bitcoin had started motive journey towards north direction as a fresh impulse wave. In which we had completed wave (1) & (2) and now we are unfolding wave (3), in wave (3) we had completed wave 1 & now possibly we are unfolding wave 2, in which we are having subdivisions as wave (a), (b) & (c), here we are possibly in wave (c) right now, post completion of wave (c) we can assume that our wave 2 should be complete and fresh impulse as a wave 3 should start towards north direction. whereas invalidation level is mentioned on chart at 19569 because wave 2 will never retraces more than 100% of wave 1 as a wave principles. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
BITSTAMP:BTCUSDLong
by RK_Chaarts
Bitcoin can move till 29500+ levels from here.Bitcoin trading in a range 27k-30k, and now it is near to down range and it has taken support. Price action indicating a upside moment in it. Chances are very high it can travel towards 29k+ levels. So risk and rewards looking very favorable from this level to go long for at least 1000 points. if price closes above 28k levels then a sharp momentum expected in it. For now accumulate here and keep stop loss at given levels on chart. Right now it is trading at 27681. MACD is also going to give positive crossover very soon. All this indicating a price reversal from these levels. So anybody wants to go long can go with given levels. Please follow strict stop loss in it. If anyone likes my work then please like, follow and comment. Thankyou:))
Long
by TraderRahulPal
Buy bitcoin from current level for target of 31000 Bitcoin trading at lower support zone, it is just made low and this is gonna to be reverse from here, Very soon we will see a hammer candle over just here. Price and action showing a pull back from this level. So if anyone wants to go long can go from here. Right now it is trading at 30410 and keep a stop loss 30200, Very small stop loss, and go for target above 30800/30900/31000+..All Cryptos looking bullish,,Ethereum already given sharp move for upside. Now it's Bitcoin time to shine. Chances are very high for reversal from these level. Please follow a strict stop loss. If anyone like my work please like and support and comment. Thankyou.
Long
by TraderRahulPal
3
DOGECOIN possible elliot wave counts on hourly chartHere we had shared possible Elliot wave counts of Dogecoin on daily time frame aligned with hourly time frame. Which is indicating that possibly we are unfolding fresh leg of impulse as a wave 1 of bigger degree wave (1) of one more bigger degree ((3)), and inside wave 1 we had unfolded subdivisions as wave 1-2-3-4 and possibly we have started 5th of wave 1 it may become leading diagonal. post wave 1 we should get retracement as a wave 2 of (1) and then wave 3 of (1), overall if invalidation is safe then journey is towards north. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not sebi registered analyst. I am not responsible for any kinds of your profits and your losses. Possible elliot wave counts on daily time frame macd positive crossover in hourly Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Disclaimer. I am not sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.
BINANCE:DOGEUSDLong
by RK_Chaarts
3