BTC may have finished the correction for a wave x or may enter a scenario of a flat type correction that can be normal or expended.
Ethereum may run with a 5th wave that can hit 2000 usd We have an impulse with Wave 1 leading diagonal, wave 2 a flat, and wave 4 an exteneded flat.
I am still bearish going with orange count presented yesterday (watch the related link ideea ) WXY and now a X wave that may be not over and can hit 0.764 fib retracement of the WXY that formed W wave
As the price stay below 0.50 fib retracement is a 4th wave from an A or 1 wave
Probably Bitcoin is into a leading diagoanl now that can be a wave 1 or wave A. 4th wave must end into 0.382 or 0.5 fib retracement of the length of wave 1 that formed leadingdiagonal.
We have two options here: 1st orange count with wxy donside correction that is ended and now will do an abc correction to the upside 2nd black, blue and red with multiple imupulses and now we are into a 3rd wave of the blue impulse that will wave an extended 5th wave that will end on 1.618 relative to the size of wave 1 through 3. So massive sales will come.
Wave 1 a leading diagonal and now a push up for a wave 2. I am waitting for wave 2 to enter short. i will update this count so subscribe if you like for future updates!
Fantom ended an abc correction to the upside and now formed a wave A or 1 to the donwnside
Bitcoin probably is into a WXY correction that may find support somewherre at 20000. It is into subwave A from Y wave that must hit at least 0.618 fib extension to confirm.
This is how I am seeing Bitcoin now and how I will trade it. Subscribe for future updates. Good luck!
I bought BTC now. I will update on this idea the tp soon
I will sell BTC at 23750 23800 for at least a C wave
Something is not smelling me too good here!!! WXY or 12 12 If this structure was a WXY it must be completed now and Bitcoin would have broken the resistance from 22360. I will keep my short postion and I'm more inclined to say that it would be a 12 12. If it so we must see volume up and a massive sale! Also subwave 1 from second 1 wave is extened.
Bitcoin is into a 7 swings wxy correction and I think we are into wave B from the Y wave. Also this B wave is a wxy corrective pattern. We have a 2 key support levels 22500 and 21500 zones so if Bitcoin bounce in one of this supports and retake the middle line of the channel that act as a bullish flag also than it can go to 27000. I am still in a short position...
Matic probably is into an impulse to the upside and now we are into a WXY 4th wave. Expecting to bounce at 0.700-0.750
Flm may have ended the bull run with this extended flat correction that allready hit 2.618 fib extension
Expecting to bounce this X wave and go for a Y wave
Extended flat correction and now we are going for a 3 probably. Bitcoin can hit 27000.