btc 12-14 updategood afternoon peoples,
talked about this scenario in my video from yesterday, but we've made a slight diversion overnight.
labeling this diversion as a wave X, which is pretty much a failed impulse.
now it doesn't have to fail, and it's possible that the bottom is indeed in, and we're going to begin the highly anticipated move up from here to that 57~60k region, but something tells me there's going to be one final shake out before this can take place.
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taking a long down here in the local golden zone with a 1% stop is my plan for this setup.
only looking to take this up to about $48,500 before re-assessing my plan.
if it looks good for continued upside, i'll hold on & ride this up as high as it's willing to go.
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full moon on the 18th + winter solstice next week are extremely bullish for crypto, but there's still time before we get there; which is why i think this little move up here will be short lived, and it will be sold off into like there's no tomorrow.
stop loss is your friend, once we start moving up, move them stops up as we go.
best of luck !
💸
Xbtusdt
btc 12-13 update v2.good evening peoples,
today was a wild card, but it was also expected. talked about this exact dip that took place today in my video from yesterday. i've posted a new video this evening going over this new setup in full detail - feel free to check it out.
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there's a 50% chance that the bottom is indeed in, but a few hints on a few other charts tell me otherwise.
usdt.d 👇
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total crypto market cap 👇
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i'm looking for a move down to the -0.236 algo target at $44,900 which will complete the final phase of sub-wave wave x.
we have the golden zone just below this algo, so do expect a wick to get down there. easy fill if you're ready for it.
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looking for a move up to around 57~63k after for the next phase of this complex corrective wonder.
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BTCUSDT , Impacted to Support zone areaHello everybody
According to the chart and our previous analysis of BTC you can see the price exactly came to minor support area and we predict that if the price cant hold above of the minor support, it can drop more and come to stop hunter and liquid the long position and then it can be ready to go up, we should wait and watch the price can hold above of minor support or not
Previous analysis :
If you need any help for trading or ... , send us messages in private
Good Luck
Abtin
wyckoff accumulation (spring phase?)posted this scenario the other day via 👇
if wyckoff is going to pull through, it's going to be from this lower area.
not sure about a target yet, would have to see the kind of wave structure we're in after this bounce.
stop-loss below the green box, a break below that area would invalidate this scenario & take btc into bears paradise.
✌
btc 12-12 update~ (35k then 150k?)morning,
was taking a deep dive into the micro-wave count, and i noticed something very interesting.
we have a vast array of 3's in this local area - indicative of very corrective movement.
w-x-y's come in 3's, and that would beautifully explain the price action that we're currently in.
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>this case would indicate that we have put in our initial 5 waves down already into the Primary Wave (A).
>with the final fifth of Wave (A) that played out as a classical expanding diagonal, (one of the rarest moves in the markets).
>currently working on a mean retracement into the primary the Wave (B).
> [before the final drop into Wave (C) to complete a deep Wave (2) of a higher degree.
this would be very bullish if we were indeed playing out a 1-2.
wave (2) would land somewhere in the mid 30k range.
wave (3) target would be closer to the 150k region into next year.
wave 2's are notorious for going deep, to shake out those who aren't expecting it - and to reset the oscillators on the larger timeframes before the massive wave 3 impulse that follows after.
ps.
>it is very rare to see 4 red weekly candle closes in a row; here's a few that i've found from historical price action.
>in 2014 - rallied 100% after
>in 2015 - rallied 293% after
>in 2016 - rallied 3355% after
>in 2020 - rallied 1362% after
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$BTC, UCTS Sell on the 1W (prior signal was back on June 2020)$BTC
UCTS Sell on the 1W (prior signal was back on June 2020 at ~9k👌)
UCTS weekly signals are usually strong & can set the mood for the big picture
Therefore IF it closes this way, then we may have to face some sideway/ bearish months ahead
Will see how it goes till Sunday
#BTC
btc 12-13 update~morning,
>btc is holding the line pretty well down here after that little dump from yesterdays local highs - indicative of strength.
>lower timeframe bullish divergence is printing on this fine morning
>our indicator shows a good potential for a push up from here after some more consolidation.
this move over the last week or so is quite perplexing, and until we can see a definitive break out of the range that we're currently in in either direction, we won't know exactly what is going on.
added a few targets onto the chart of the potential areas btc might gravitate to.
starter long here for me \\ will exit at the first sign of weakness.
have a great day !
Sign of strength? (Wyckoff accumulation?)Good evening,
was observing price action all day today, and something doesn't add up for the bear case.
as you all know, i'm nor bear nor bull - i trade both ways all day - every day - forever living the wolf life.
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btc is starting to build a very strong base down here. any attempt to take the price down beyond this lower region (green box) has been getting bought up by a really big buyer.
this is a sign of accumulation.
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i talked about the wyckoff scenario not too long ago via:
if we can confirm the wyckoff, we most likely will not be taking out the previous lows, and we could in theory confirm that the bottom was put in for the primary wave (4) through a running flat.
could take many weeks of consolidation down here, but ultimately this would just be a massive phase of accumulation before we go on the final run to 100k+.
now i'm not saying that this is what is going on, i'm just sharing my observation for today.
the short term bear case is still 100% valid, and until we can get further confirmation, i'm not going to jump to either conclusion, but rather will stay patient & open-minded to either scenario.
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as James Wyckoff once said: "everything you need to know about the market, can be found directly within the volume profile".
btc 12-11 updatemorning,
overnight move looks really weak, unsupported by any volume what so ever.
looks like a short raid in my honest opinion - before continuation to the downside.
we need to break above 51972.93 to invalidate this bearish idea.
push through mentioned level, and that's when buyers would step in to take this to the next big level of 55k.
until we take out this key level, i've gotta lean towards more downside from here.
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have a great weekend 💸
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btc 12-10 updatemorning,
taking a closer peak at the current extensions we've got going on within the current impulse, and i've to lean into more downside than most are currently imagining.
majority think the bottom is in, and we're going to 100k from here 😬
don't be that guy lol.
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sticking to original plan \ looking for the bottom to be in closer to feb\march in the low 30k range just based off fib channels, time ratios & the count before my eyes.
i'm not bearish what so ever to anyone wondering, this is Extraordinarily bullish if you've been following along.
once this bottom is in, we're going to 151k - mark my words ;).
btc 12-9 update v2. (bear trap?)Nice little trap today, but it isn't going to deceive me.
our system is picking up a 4H algorithmic buy down here; which is a pretty huge signal that's going to launch this in the hours ahead.
Might look a bit scary right now, but I'm longing this and not looking back.
Targeting anywhere between 53~55k on this next push up; potentially to play out a larger zig-zag (5-3-5).
Jumping back into Avax too; the rest of my picks from earlier looked a little weak during that dip for my taste.
december 14th will be the dayWhoops, I accidently posted this as a private post this morning Lol.
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morning,
quick update to yesterdays post,
looks like we started to play out the alternative scenario after rejecting the 0.65 algo on that scam move up yesterday - i called out an exit on my long right at the peak of that move (within yesterdays post), and have been waiting patiently ever since to re-enter into anymore positions.
i think we have a really good candidate here for a flat wave 4 (w-x-y), and it's most likely going to take a little time to play out (5-6 more days), before the real fun begins - aka -> the leap of faith.
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stay safe ladies & gentlemen 💸
ftm swing ~our indicator is picking up a nice buy signal right here in this lower region ~
ftm looks solid for a swing from this local golden zone --> to the 0.618% extension.
it can certainly go higher, but i'm out at the first sign of weakness.
if you take this one with me, keep an eye out for my exit, or just move your stops up as it goes.
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buy - 1.466
target - 1.70
btc 12-8 update ~morning
btc is sitting down here in the local golden zone after a 3 wave move down; currently at the bottom end of this little channel we've created the other day.
our indicator looks decent for a little push up, but i think it'll be short lived.
my upside target on this little swing will sit just above 53k, which will be a very high area of liquidity for shorts, as well as a vortex of confluence as talked about in yesterdays post.
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wave C target = $53,482
btc 12-7 update~Good morning peoples,
One of the mods didn't like my btc update post from last night, and took it down. Still not entirely sure why, he's never even responded to me.
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anyways,
Btc is currently in a daily squeeze, and it's pushing through every technical level I had envisioned for it. This is common during corrective phases, as the market works it's way up to the level it wants to reach before breaking.
If this does play out, I'm looking for around 52.5~53.5k as my next area for a short attempt. This area has a massive vortex of confluence, and if it's going to reject anywhere, it's going to have to be from there.
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Pushing through this area & holding + consolidating up there for a few days could signify that the bottom is indeed in, and we have completed our primary wave 4 correction through a running flat.
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If we do have one more leg down to go, I'm looking for anywhere between 37~34k as the local bottom for our expanded flat target.
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no confirmation = no positions for me. patiently waiting from here.
<a moment of silence>taking a peak at the chart this evening, and it looks like we've got a few more legs to go before some kind of bottom is in.
the short term bull case has been invalidated, but the larger bull count is still in tact (for now).
i've talked about the primary wave 4 not being in for quite a long time, but i had pretty much given up on the idea until tonight.
crypto winter is a real thing, and i think that the winter is only getting started.
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12-2 btc update ~after a lot of thinking, i think we're still in a complex corrective phase. chances are, it is going to go on for at least another 30 days give or take.
my upside target remains the same for the longer term projection, but i have reason to believe we see a deviation of course before making that run.
everything points toward a 48~50k bottom to end this year, but not before one final bull trap :^).
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for this swing here, i'm looking to long the mid 55k range -> 61k
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🌟BTC👽Super Long🌟Good morning,
I'd like to start this off by saying-
It's not that I am bullish from here, I'm extremely bullish from here.
My target in the next 3 months sits at $97,700.
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what made me change my bias, is the amount of fud going around.
everyone is scared, while crypto hangs off the edge of a cliff.
historically this is when i become a buyer, and the time when the fearless wolves make the most amount of money.
do not fear my friends, the whale bros say it's time ✊
🌙full credit to @pejman_zwin on this expanding diagonal idea.
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i'm a big fan of this scenario; here's why.
•december 4th is the new moon - historical sell signal in the crypto community.
•astrology + numerology play a big role in these markets, especially when it comes to dump sessions.
•sub-wave 4 target lines up with about 61k, which is the 100% extension of the recent move up from the local lows, in confluence with the expanding diagonal structure.
•expanding diagonals move in 3-3-3-3-3 - which would explain the unusual chop we're experiencing.
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keep an eye out for this possibility, and expect the unexpected closer to december 4th.
if this does play out,
downside target for the completion of wave 5 into wave 1\A of a higher degree would sit at about $50,000.
btc 11-30 update ~today was a very interesting day, full of much needed volatility owo
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still targeting around 63k, but it's possible that we break at about 61~62k; will see what the wave structure looks like closer to that zone.
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enjoy this mini alt season while it lasts, for what comes next will rock your world.
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11-30 bitcorn update :^)wise man once said
sell when everyone is greedy
buy when everyone is fearful
little expanded flat playing out here into what i'm thinking might be a 1-2, but it could very well be an a-b as well.
if it's an a-b, look out below once wave c is in :, )
i prefer the simple zig-zag scenario for maximum pain + maximum opportunity for those who're ready for it;
but i'll take the 1-2 as well.
btc 11-29 update~morning,
this little impulse here looks like a bull trap,
was observing the volume profile, and flow & it looked a bit shady.
good potential we raid the lows one last time before making a move up.
if you took any of the longs i shared yesterday, move stops up into profit, or to breakeven.
expect this if it comes, but know that it doesn't have to happen.
we might just fill the cme gap & continue moving up.
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in my opinion, it's going to take a few attempts to break downtrend.