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$BTC - [D]
Very easy chart to read.
I strongly believe the bottom formation won't be mirrored (three drives pattern excluded).
However, failing to push above the Yearly Open and mid-range levels soon enough suggests with a high probability the lows will be swept before any meaningful rally.
Rarely we have seen V-shape recoveries during the bull-run and I don't think it's the case here - hence I am trusting the white pattern to likely happen.
BTC-0.25%
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$BTC - [W]
LONG TERM PREDICTION.
This is my guess for the following years.
200k targets only after 2027.
BTC-0.25%
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$BTC - [W]
Bull market depends on whether Bitcoin can break back above the white line.
Currently at 100,913$.
BTC-0.25%
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Real resistance is at 100-105k$
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$ETH - [3D]
Timeline extra super bearish within support area.
Break of Structure to the upside (HH) and currently working on HL - bull trend intact.
Be bearish as much as you want, yes the market is brutal, but structure is intact and working on a bottom possibly.
Lose the bands and yes, you will be able to question the market, likely bear market confirmation.
ETH-1.18%
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Back from London, let's see some charts
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$TOTALES - [W]
Chart speaks for itself.
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$BTC / $ETH - [D]
Market starting to take shape.
Bitcoin breaking down to new lows in the bottoming area.
Ethereum SMT divergence.
It's coming gents.
BTC-0.25%
ETH-1.18%
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#TOTAL3/GOLD
Chart illustrates altcoins performance in relation to gold.
Now hovering between Value Area Low and Point of Control. Before the recent expansions, this area was used as accumulation zone.
Also near the 36RSI level, this is bear-trap RSI, my favorite bull-ignition level.
Would like to see some bullish divergences formed near here to build more confidence.
Notes:
1) Should the ratio break above the VAH - raging bull.
2) Ratio breaks below VAL - 25% correction.
IN-10.04%
MY0.3%
MORE-2.46%
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$RSC - [M]
Very good looking monthly chart.
Double bottom with hammer monthly candle at Range Lows?
Even if asset gets sort of pullback, still translates into a dragonfly doji.
Next monthly candle high possibility to be big green, followed by expansion over Fibs box.
Brian's Armstrong (Coinbase CEO) is the co-founder of this coin - doubt this don't get the chance to run before bear market.
RSC-7.72%
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$BTC - [D]
Zoomed out.
Same Fibs, same concepts (Supply/Demand) - difference?
Timeframes.
BTC-0.25%
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$BTC - [3D]
Not an Elliot Waves expert, but I have not seen this count on my timeline.
Good to have it as an idea.
BTC-0.25%
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$BTC - [W]
Different approach here...
If you threat the PA here as a range, ain't a good look falling back inside the range, isn't it?
Not drawing any conclusion, but something to keep in mind.
BTC-0.25%
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$BTC - [D]
This is some warning post you need to be aware of.
The situation is not clear yet, that's why I labelled it as informative.
The weekly candle has not closed yet, hence the reasonings above.
But if it closes like this, ain't a really good sign after 3 months spent bouncing from the support - price finds acceptance back below the weekly S/R, case it happens. (i.e. lower prices expected)
We'll update with a 100% clear answer upon weekly close.
BTC-0.25%
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$MSTR - [3D]
Easy 30% gain here into Point - of - Control, where supply aligns, similarly with the previous range.
Should that point be reached, there comes the question whether that area gets flipped into support or is rejected.
Case it gets flipped, we can talk higher numbers, possible new highs, equivalent with Bitcoin pushing much, much higher.
Other than that, treat the range until proven otherwise.
BTC-0.25%
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#TOTAL2 - [D]
Elliot-wave analysis for studying purposes.
Clear 5-wave impulsive move from the channel lower boundary.
At the moment, within second wave correction.
What is the next? - the third and the most impulsive leg of the whole count.
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$ADA - [W]
Notice the pumps on altcoins and Bitcoin/ETH barely moving👀
Would be a big mistake to sell something here.
Daily picture looks beautiful too.
ADA1%
BTC-0.25%
ETH-1.18%
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$ETH - [D]
Can't make this shit up.
This is first trendline test as support since the reclaim of that huge break down below.
<< WE EXPECT NOTHING BUT BULLISH HERE >>
Reclaim key S/R and it's gugu time.
ETH-1.18%
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$BTC - [D]
We could be looking forward at something like this.
Possible more consolidation between mid and lower envelope band before we rally.
BUT IMO WE ARE DONE WITH IT THIS MONTH.
Also aligns with @log1_053 accumulation Wyckoff schematic I've seen earlier on my timeline - well spotted.
Hence, to conclude it's premature to think of anything above 111k (mid white dotted line).
BTC-0.25%
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#TOTAL3ES - [W]
Draw your own conclusions, if you want to sell anything here.
And if you do, it means you believe crypto is over for a while, cause this comes with breaking down a 7-year channel.
And breaking down a 7-year uptrend channel implies a multi-year downtrend channel.
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