Bitcoin is still bullish on HTF, but when will the madness stop. technical analysis doesnt tell you what is going to happen but it provides us highly probable scenarios. we know that we are in a retracement/correction broke 50% currently holding 61.8%. best case scenario she comes a little lower in the zone to play out the harmonic or based on fundementals we can...
chain link is showing its hand right now lets capitalize here!!
well ive been waiting patiently for this 1:3 RR set up lets see what happens..
Near protocol showing me something here on the harmonics i have two harmonics on the 4h timeframe.one micro one macro but only on this timeframe can you see them both.playing the smaller butterfly to the 127 fib extention level and the larger one to the 78.6 fib retracement level its an area of supply as well if you trade supply and demand...use proper risk...
when viewing my work please follow color coordination and this analysis does not guarantee I am correct market conditions are random at any moment. My analysis is based on the Elliot Wave Theory, I have speculated and can see two different ways this can play out. Either the leg 4 to 5 is not complete and this pull back WILL proceed in a run up to either 127.2 ...
Btc has signs of weakness potential shorts .Harmonic pattern gave a 1:4 RR yesterday and today the retest of key level should give up a nice posioton taking two entries and using proper risk management.
consider the facts of the potential a small investment could do im aware of the potential harmonic confirming bullish formation.Just a good point to consider..
here i am still following the overall higher time frame analysis from my last idea "big ol bitcoin" price seems to have broken structure using the head and shoulders tool i have shown how the market is in violation the new left shoulder is my POI looking for a retest and swinging this trade to 18,500.good luck use proper risk mangement if you choose to use this idea .
i have been looking for a reversal. Bitcoin has not slowed down after analyzing i found a few interesting points to consider. 1.three or more fib price relationships 2.pending weekly candle closure 3.supply and demand 4.four day r.s.i overbought 5.mitigation
here is a potential re-entry for big ol bitcoin,using harmonics and fib clusters found a zone with a sniper on the roof lets enter with a small risk and reap the hug rewards crypto volitility gives us .
market continues to show me bullish structure .correction may be finished looking to take a long position on a smaller lot size and short scalp heavy for the 50% fib zone. Using the DeLorean ema indicator to give entry on the 1hr timeframe waiting for 5,13 shift up showing buying momentum.
here is an opportunity to swing on bitcoin showing a bearish flag .Also used the parallel channel tool measuring the high and low of the range. The entry is the 50% mark of the range. My additional confirmation was the DeLorean ema sell shift on the 4hr timeframe. Potential swing to neckline at around 18,500.
I have found numerous confirmations to show bullish structure, the Elliot Wave Theory shows leg 4-5 to be higher than leg 2-3.. this is a potential swing and based on time anaylysis should be roughly three days..