$ETHBTC
Ethereum against Bitcoin (ETH/BTC) has completed an impulse, suggesting that the pair could be heading lower. I expect further downside as the corrective move unfolds.
$BTC looking ready to flush down to 75k real quick 👀
That wave C is calling… then we bounce hard.
Don’t sleep on this dip, FOMO will hit once it starts running again.
Chart doesn’t lie. Who’s loading the bags? 🚀
$BTC Daily Update
Looking at this count: iii peak marked, iv pullback is in play, then potential v higher. Invalidation noted below. Wave iv pullback any deeper than the FVG will put this count in danger.
$BTC’s move off the lows looks highly impulsive. A clean 5 wave completion near 89-90k would confirm the impulse. After that → deeper Wave 2, then Wave 3 to new ATHs. Most will get shaken out on the pullback.
Diamond hands will survive.
This guy has invented a hybrid model of an Ending Diagonal. Remember, EDs are always 3-3-3-3-3.
A 5-3-3-3-3 structure, or any other variation, is incorrect.
$Bitcoin’s move off the low is highly impulsive, hinting that a major bull run may be underway. A 5 wave completion around $89 - 90K would confirm the impulse.
After that, we can expect a deeper Wave 2 retracement before liftoff into Wave 3, which could take BTC to a new ATH.
$Bitcoin formed a triangle in Wave B that took around 40 days to develop. Triangles take time to form, but breakouts can lead to swift moves.
Bitcoin is now on the verge of breaking out. If it breaks out, Wave C could target 70,000. Invalidation sits at the Wave E low of 62,425.
$Bitcoin formed a triangle in Wave B that took around 40 days to develop. Triangles take time to form, but breakouts can lead to swift moves.
Bitcoin is now on the verge of breaking out. If it breaks out, Wave C could target 70,000. Invalidation sits at the Wave E low of 62,425.