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BTC 22k range first and 93k ? BTC BTC BTC WE START THE ciycle from the (10 dec 2018 price was 3122 $ ) here were wave 1 start and it hit ( 13k$ at 24 jan 2018 ) we had a nice zig zag correction (5 waves down inside wave A followerd by ABC inside wave B followed by 5 waves down inside wave c ) we HAd zig zag correction ABC AND we found the bottum at ( at coved in 16 marc 2020 price was 3850$ ) here we finished wave 2 corrwction and we start a big wave 3 impulsive it end at ( 2021 / apr /12 price was 65k ) AT 65k bitcoing start ABC correction WE call it ( expanded flat correction ) us we can see wave A from the correction start from ( 65k 2022 12 apr ) and it end at ( 2021 / jun / 21 price was 28k ) WE start wave B and it gose above the last ATH and it end at ( 69k 2021 /nove /15 ) AND now we in wave C the final wave off the ( expanded flat correction ) expect this to end at 18-23k range 1- quations why u think this( expanded flat correction ) ? 2- why u think this will go higher ? answers 1- we start wave 1 and have a zig zag correction on wave 2 { that's 70% sine we could have a ( expanded flat correction ) OR ( daignal correction ) } we saw wave B make a new high so that's why this is an ( expanded flat correction ) 2- Awe in 5 impulsive waves sinse 17 dec 2018 we finished wave on wave 2 wave 3 ( and now we in wave 4 the ocrrection wave and it took the ( expanded flat correction ) so if i am right we will se btc hit 90k at less on wave 5 B if we check the RSI we see a falling wedge at the must 70 % this break to the up side ( and RSI is other sold rn ) if we see the chart we can see bitcoing if just drop so hard from wave B from 69k and didn't have any corraction all the way down so that's sine they will come back to 69k market makers they left liquidity up the will go to take it
BITSTAMP:BTCUSDLong
by moad-legend
2
possible paths for BTCit is obvious that the main direction is downward, a probable reversal pivot on the purple bermuda level could be expected but befor that it should eat the tiny one minute red bermuda on 28.5k predicting which level could be our reversal pivot needs to know how much level has eaten from last downward movement. unfortunately I don't have enough data to find low time frame(less than H1) levels from past ... strength of each level depends on its time frame. till we have bunch of purple levels on 46k, I'm sure about downward trend... I think probability of path 1 > path 2 > path 3 > path 4 they are going to break the low ( 26.7k ) but each path could have own final destination ...
by AlirezaAzarm
11
Chainlink at a fork in the roadSitting at $7.60 resistance, chainlink looking to test $9 but having difficulty doing so. Possible retest of support around $6.50 if it doesn't break upward. Watch out for the false break higher. Keep an eye on the candles. Watch out for long candles in the current stagnant trend, if that happens expect an inevitable retracement depending on the direction.. expect a hard retrace lower to an unbelievable $4.80 not currently looking that way but keep an eye on your tops and bottoms.
L
by Brother-Doug
Key points to look for on Chainlink Chainlink looking for support @ or near $17-$18 range. Keep in mind on both the 4hr And Daily Chart , There is a possibility for a significant retracement to $14 range. All this is only plausible if the formation of a triple top/ head and shoulders start to form. Things are looking up for Link either way. Take profits along the way to $23 and just take note of previous trending this past December. This may just be a similar fakeout to a higher high.
L
by Brother-Doug
8
Bullish NASDAQ forecast for the month of May!?!NASDAQ Market Forecast and Prediction for the rest of 2022 >>>Bullish Month in May driven by Oversold market conditions and Earnings? >>>Rejection coming at the 50/100 Daily SMA? >>>More elongated 2018/2019 correction pattern repeating? >>>Bullish Q3 & Q4 2022 ahead? Every investor should ask themselves, are we in store for the usually 20-30% correction? Or are we in store for a market meltdown, similar to the Mortgage Backed Security collapse of 2007-2009? Or the Dot Com bubble during in 2001-2002? > It is clear that the current situation and correction is more serious, than those in recent history. It has more drivers to the downside than the last 3 minor corrections. > It is also clear that the global economy isn't collapsing with like in 2008. In that recession, $10.2 Trillion alone was wiped from the American economy alone. That's not including the hit to Global Wealth, resulting in the elimination of many more Trillions. > It is further clear, current tech equities are not as overvalued as in the Dot Com bubble. I cannot deny that there has been an increasing number of Unicorns and IPOs entering the market. The majority of which have already had their values demolished. One only has to look at the recent SPACs, to see the smack these "Vision over Reality" companies have received from the market. >>> I believe we are more likely in a 20-30% correction, rather than a meltdown of 50-70%. Long term bullish and assets do well in high inflation environments.
NASDAQ:NDXLong
0
by FortunaAlgoAnalytics
2
What if this time isn't different? A 2 year scenario projecting the financial crisis of 2008-2009 into the future Chart (W, LOG): Stocks: The averaged futures for SPX, NAS and DJ were weighted so that a 1 point change will imply the same change in $ terms. (For weights see www.barchart.com 200MA, 50MA, and 21MA Today's price and date: at the intersection of the cross. Financial crisis: Purple box on the left Implied scenario: Purple box on the right. Left edge starts 10/5/2022 ("Today" .. for the next 10 min) Methodology: The scenario is a scaled up copy of the box at 2008-2009. It is stretched to fit the current price, and it's 3 MA's. For simplicity the price / time aspect ratio was preserved. Criteria for 'best fit' (using IEI ) were the absolute level and curvature of the 3 MA's. In other words, the distance between the MA's, their slopes, and the speed each slope was changing. Main Implications: The scenario implies a crash (ripped from Feb 2009) beyond the March, 2020 COVID low, as far as the highs of 2015. This is after the end of QE, when Greece went into default and the Yen was devalued overnight . "Bottom" of the implied crash is one year from today (10/5/2022). Notes: 1. IEI : I eyeballed it 2. Gann would not be happy and the result could be different on a RENKO or equivalent treatment of time (a great follow up idea) 3. The night the Yen was devalued I held positions in gold in bond futures (GC and ZB). I have used stops without exceptions from that day on. best graphics:
CME_MINI:ES1!
by gb50k
3
Worst case scenario for BTCthe scariest thing about chart is lack of strong Bermuda below, just a lonely one-minute level (red) on 40150$ . the next support levels are on 35K and 33.5K, all of them from one-minute time frame... On the other hand heavy remaining orders from any time frame has created Bermudas above... so I can imagine the worst case scenario for Bitcoin to hunt 41.9K buyers and start massive dump after that... it needs a big fundamental news to creat such a massive fear, zombies are coming soon perhaps ... there is a more hopeful scenario for BTC which was my previous analysis and forcast, linked below...
by AlirezaAzarm