Giá lên

Bitcoin. 3600-4000 is potential support

COINBASE:BTCUSD   Bitcoin / Đô la
1634 lượt xem
1634 7
Mates, looks like Wave(4) has started. If you pay attention to Wave(2) it was a simple ABC-zigzag correction that terminated almost at 0.618 of Wave(1). Due to the rule of alternation, current Wave(4) should be more complex (a triangle, flat or compound) and should be shallower touching only 0.382 of Wave(3). Also the most common size of Wave(4) corrections is the basement of Subwave5 of Wave(3). Thus, market structure, fibs, alternation and even number of $4000 tells me that the area of 3600-4000 is most likely be a good support level . Feel free to comment and share your view on wave count.
Bình luận: although, we didn't have wave4 being a triangle correction, seems like wave5 is on its way. overall analysis was accurate.
Bình luận: now wave5 is completed. A massive sell-off should start around there.
Bình luận: A typical size of correction after wave5 completion reaches the wave4 basement. On the chart it is 3200-2900 area. Looking for price to drop there:)
This pattern was found by the MPS-v5.5 pattern recognition software:

Learn the patterns for free. Click the education tab:

My YouTube channel:
Spot on. Well done.
Now if you say "massive sell-off", what is the target here? Also could you estimate a rough time frame?

Thank you for your help!
Phản hồi
@Dubee83, those corrections typically go to wave4 basement. On the chart wave4 basement is 2988
Phản hồi
Dubee83 Alexander_Nikitin
@Alexander_Nikitin, Thank you for that fast reply. I will be watching on the sidelines. Hope you are correct.
Phản hồi
that chart was to the button WOW
Phản hồi
Awesome analysis Sir!

u think the downward pressure is going to be too strong to retrace to .382 after breaking 2 major supports of 1 ATH @ 4944 and the lower support2 of 4443 ? What cud be the reason? once it breaks the ATH there cud be full momentum to 6000 unless most of the players may want to take their profits out in this heavy supply zone! Just a thought! Cheers!
Phản hồi
@deedee, After wave5 is completed an ABC correction start. We are to see some downside movement in the nearest future.
Phản hồi
deedee Alexander_Nikitin
@Alexander_Nikitin, ok so in that ABC correction we see the supports get slaughtered! thankx for the feedback!
Phản hồi
VI Tiếng Việt
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Trang chủ Bộ lọc cổ phiếu Bộ lọc Forex Bộ lọc Tiền điện tử Lịch kinh tế Cách thức hoạt động Tính năng Biểu đồ Quy tắc Áp dụng Người điều hành Giải pháp cho Website & Nhà môi giới Widget Thư viện Biểu đồ Chứng khoán Yêu cầu tính năng Blog & Tin tức Câu hỏi thường gặp Hỗ trợ & Wiki Twitter
Hồ sơ Tùy chỉnh Hồ sơ Tài khoản và Thanh toán Ticket Hỗ trợ của tôi Liên hệ Hỗ trợ Các ý tưởng đã đăng Người theo dõi Đang theo dõi Tin nhắn riêng Trò chuyện Đăng xuất