CryptoEnchanted

CryptoEnchanted

100k more than a psychological level. 100k fib target Elliot Wave 5 13 percent of the USD. Bitcoin is going to cause problems any higher and collapse the economy we dnt really want that . this could be the start of the bear market. Winter solstice ⭐ .

CryptoEnchanted

Looking incredibly bullish. This analysis is wycoff theory. Looking at price action and volume analysis wave by wave

CryptoEnchanted

Say what you see .Looks like re-accumulation to me.

CryptoEnchanted

Looks like the test of the all time high is starting to reverse. Nice set up with some resistance. The economy has picked up slightly and I don't really see bitcoin going any higher .I think fair value is at the bitcoin mining profit at 42k and yet new mining chips will likely set that value even cheaper.i going to say the top is in and has tested it 3 times .I'm...

CryptoEnchanted

Fairly shore this is a distribution trading range ...

CryptoEnchanted

Pretty confedent shorting on the recent shakeout it was a low volume brakeout by my vol data. This indicated lack of demand and the last point of supply from the trading range from 30k.

CryptoEnchanted

Major resistance 30K sellers would wont to keep under the 30k level. This is what a Wykoff distribution range looks like as a head and shoulders reversal pattern. To analyze the market volume, iv looked at data from the top 10 spot crypto exchanges, as i believe that spot trading reflects the most accurate picture of smart money activity. Compared to margin trading

CryptoEnchanted

When the Federal Reserve increases the federal funds rate, it typically increases interest rates throughout the economy, which tends to make the dollar stronger.

CryptoEnchanted

According to the Elliot Wave count, bear markets typically take on the structure of a double zig-zag at the very least. In this case, my analysis suggests a target of 2,700 which seems surprisingly low. However, based on Fibonacci ratios and this Elliot Wave count, there is a strong possibility that this target may indeed be reached. It's definitely worth keeping...

CryptoEnchanted

Binance volume is pretty good .The lack of demand hear is a warning sign. Drilling down into the market footprint it's the same story where you see the market going up I see selling buyers from 16k double the profits. I don't really see Btc ever going past 100k not with out a fight the recent regulation on leverage and loans it's all it takes a 60k BTC is 15% of...

CryptoEnchanted

Nexo Coin is currently offering interest rates of up to 12% on USDT, USD, GBP, and EUR. As a Swedish broker, Nexo provides insurance on its clients' assets in the event of a hack, a unique feature not offered by other companies to my knowledge. Based on my quick analysis of the trading range, it appears that the market is testing the lower border levels. However,...

CryptoEnchanted

something like that for a bearish scenario and my primary chart analysis .

CryptoEnchanted

Ideally for an accumulation phase the volume should thin out. You can expect a test of the 15 I selling climax level pretty confident that I'll get it and it should happen fast over next 2 weeks or imagen.wish me luck.

CryptoEnchanted

Decided to take profit from $6400 booked a nice profit was 75% from my target. Am thinking the channel line iv drew should hold. Major resistance at the 100 bar weekly moving average. Might as well try to go long.

CryptoEnchanted

Some technical analysis based on Wycoff trading ranges blady bla...

CryptoEnchanted

A long-term forecast for bitcoin. Using an exact copy of the 2013 cycle overlayed to fit on the monthly chart. This analysis gives a 10-year bitcoin bear market. Well, I hope my analysis is wrong. I've been following this chart and have been able to predict the top at 60K using this mythology. I think bitcoin will now continue down to 20K on this leg. I am...

CryptoEnchanted

If this scenario plays out then it would be reasonable to assume that all the meme coins will follow suit.

CryptoEnchanted

Bitcoin is holding the 41k level and will probably will push to 52K before folding over.