Bitcoin current legs developement

6 thg 11, 2023

Impulsive wave can develope in different manners. Here is how i see it currently.

At least i can separate it in two different potential patterns.

This wave can either complete the wave C of a larger zig zag, or this is only the wave 1 of the macro wave 3 that will lead us to over 100 000 per BTC.

Send it

9 thg 11, 2023

Ghi chú

14 thg 11, 2023

Ghi chú

Possible patterns

16 thg 11, 2023

Ghi chú

Daily dose of btc. Double zig zag as a correction is out of the picture.
Current move looks impulsive

17 thg 11, 2023

Ghi chú

Leaning towards this right now .

Flat wave 4.

19 thg 11, 2023

Ghi chú

No matter what, im still thinking not done.

24 thg 11, 2023

Ghi chú

Down to 2 paths now.

27 thg 11, 2023

Ghi chú

1 thg 12, 2023

Ghi chú

Realistic ending diagonal possibility.

6 thg 12, 2023

Ghi chú

conservative count soon done.

another circled 4 5 for optimistic count still possible

8 thg 12, 2023

Ghi chú

This is suggesting a road to 50 k. At this rate i would consider only scalping these ranges. Heavy longs are supposed to have a decent stop loss.
algo targets presented for potential bounce areas of supposed waves 4.

8 thg 12, 2023

Ghi chú

Idealy we keep 0.23 for a continuation pattern and bounce of the channel.
Alt and last stand for me would be 0.38 wickery that would hopefully be bought back and sent further up.
Current pa is not impulsive downwards so overall feeling is still up.
Btc would rather make a flat x than a triangle x . On the image i suggested both cases.
If we have a triangle x, thats great news because it indicates the last corrective wave incoming.
PS- Its almost never a triangle .
Stay safe

10 thg 12, 2023

Ghi chú

Local count. Potential roads and alternations.
If Zig zag down for W then multiple zig zag for X we would need only flat or triangle for Y and we would be done

If zig zag down for A and this is alternate zig zag up (labeled in yellow impulsive ) then motive for C is needed to drop down. Current price action downwards is corrective so i cant see an impulse or diag. This is why i longed now.

We are at the support of that impulsive channel as well. still didnt touch algo targets for waves 4.

14 thg 12, 2023

Ghi chú

18 thg 12, 2023

Ghi chú

Potential roads i am eyeing on macro level.

18 thg 12, 2023

Ghi chú

Micro time frame if we arent done with the current leg.

19 thg 12, 2023

Ghi chú

Alt count

26 thg 12, 2023

Ghi chú

26 thg 12, 2023

Ghi chú

More ideas if we break that channel

3 thg 1, 2024

Ghi chú

Something about to bottom for the moment

15 thg 1, 2024

Ghi chú

19 thg 1, 2024

Ghi chú

Local bottom is in

26 thg 1, 2024

Ghi chú