TheElliottWave

EW Analyst – enthusiasm for crypto and forex counts - no financial advise - Eccl. 1:9

[TheElliottWave @TheElliottWave]

#Ethereum is leading here with a great example. If that count is correct, we could expect a completed cycle for an impulse at around 2200$. $ETHUSD #ETHUSDT

[PlanB @100trillionUSD]

Dec 2021 I was still hoping for a 2nd leg of the bull market. But in Q1 2022 it became clear that this bitcoin bull market was over. We entered a bear market since Apr 2021 peak (yes ATH was Nov 2021). Now we are creating a bottom. Then a new bull market will start. BTC cycles.

[TheElliottWave @TheElliottWave]

#BTC #Bitcoin can’t wait to rally for a fifth wave in $BTCUSD. Seeing more and more evidence for a next target around ~70k.

[TheElliottWave @TheElliottWave]

#Bitcoin #BTC
One of the counts om $BTCUSD which is very possible. Having a flat in wave 4 and being now in wave C in the last legs. A triangle as last pattern before the full pattern finishes at around 26-28k.

[TheElliottWave @TheElliottWave]

$EURUSD - correction might be finished. Confirmation at around 1.15. However it was a very deep correction.

[TheElliottWave @TheElliottWave]

#Bitcoin had a nice rally today. Going according our count and let’s see if we’re forming this triangle.

$BTCUSD #BTC

[TheElliottWave @TheElliottWave]

#BTC #Bitcoin My actual hypothesis and count is: we’re building a triangle to the upside to complete a complex correction wave D at around 56k

[TheElliottWave @TheElliottWave]

$EURUSD - interesting price action. Probably going to approach 78.6% retracement soon and will see a bump there. Trend change?

[TheElliottWave @TheElliottWave]

#BTC #Bitcoin
Very nice price action in $BTCUSD. So far impulsive and we need more to build a wave D in the conservative count.

[PlanB @100trillionUSD]

#Bitcoin February close: $43,178

[TheElliottWave @TheElliottWave]

#EURUSD $EURUSD

Invalidated previous count. Looking now for lower lows…

[TheElliottWave @TheElliottWave]

$EURUSD #EURUSD

So far behaving according to the count.
Wave 2 corrected 100% in terms of time and 78.6% in terms of price related to wave 1

Confirmation for Longs at 1.136

[Will @WClemente]

Quite bullish for Bitcoin to see this prolonged regime of spot premium over perps.

Summer 2021 regime lasted 88 days, we are currently on day 83 of this current regime.

[TheElliottWave @TheElliottWave]

#ICP $ICP

What a crazy journey of $ICPUSD. Somehow unbelievable. It went almost 100% down. But if that count is correct, we should soon be finished with an ABC move and head up…

[TheElliottWave @TheElliottWave]

#EURUSD $EURUSD

Update: Correcting now since 8 days. Expecting one more down move to around 1.12-1.126. After that we should see a rally. Have some doubts due to the Ukraine crisis… A good positioning is above wave at 1.14.

[TheElliottWave @TheElliottWave]

#Bitcoin #Btc Update from the 1h $BTCUSD chart.

The leg down looks completed in an ABC move so far. Question is, will the next move develop in three waves or 5 waves to around 52k. Let’s see

[TheElliottWave @TheElliottWave]

#BTC #Bitcoin Update: The chart looks complete to the downside. Let’s turn the ship around now and follow another impulse to the upside.

$BTC $BTCUSD

[TheElliottWave @TheElliottWave]

#BTC #Bitcoin $BTCUSD

I was wrong about my previous counts. Here is an update. If that count is correct BTC goes from around 37k to about 52k+.

[TheElliottWave @TheElliottWave]

Revised count due to invalidation
#BTC #Bitcoin in corrective Channel, 50% retracement for Wave 4. Invalidation at around 38.9k