#BTC has formed a much larger ABC than anticipated and I don't believe Wave C to be finished just yet. We have temp support on the .5 fib at 29.1k but I think Wave 5 of C still needs to form. The 1:1 of A and the 618 for the 5th both land at 28575 right around the 618 support at ~28.6k. I dont think we will have support until this level is reached! #Bitcoin
Hello everyone! Good morning! I've been waiting for the waves on #BTC to become a little more clear.. They really are not confirming much of anything right now! We're still stuck between 2 wave scenarios. I just want to show you what I'm seeing so far.. For right now, it needs to hold above the .5 fib at ~28960. This will be a good sign that it's still working on the final wave for Wave 3. Wave 3 still has a target of $32.2k and should be around May 1st. Subwaves are also currently targeting this level. We will then go off of the RSI and fib level after the top of Wave 3 is reached beginning of May. This will tell us everything! Hope all is well! ☺️
#XRP is at the mercy of #BTC right now and waiting for volume to break that resistance at $.478. The market has been soo slow.. definitely not time to enter into a trade. I think it should just range sideways until we get the green light from #BTC#Ripple
#BTC needs to get out of this price range!! This is some of the most ridiculous price action I've seen. Just a reminder... we are STILL waiting for it to hit Wave 3 target $32.2k (sub)-$35.2k. It's taking a little bit longer than expected, but I do think it's still coming! #Bitcoin
Daily close above resistance at $29.5-7k is what #BTC needs to confirm Wave 3/5/3! Breaking above that level would play out as follows 👇🏽... Subwaves are lining up perfectly and RSI is still strong! #Bitcoin
Hi guys! #BTC could not break the resistance that I set for us before the weekend! This is quite possibly the HARDEST waves to decipher. It's still shifting between Wave 4 or Wave B and I have both labelled below. We've lost the $28.1k support which is NOT ideal, however we're right at the support fib for Wave 4 or 2/5 (~same fib). If it breaks this level down, it would mean Wave C of 2/3 and land us at $25.9k (Bitstamp). I think heavy resistance for the month of May with one more top leading into June. #Bitcoin
Hello, hello! Critical moment on #BTC Looks like it held nicely on the support which was for Wave 2/5/3 and seems like its trying to confirm the previous Wave 4. We are now above that important $28.1k level- which needs to hold from here on out! We're not in the clear until it can break above the resistance at ~$29.2k.. this will most likely confirm W3/5/3 which is STILL in line with our target at ~$32.3k. You can see the RSI is pushing up to resistance, so this is could to need some volume to break! #Bitcoin
So at any random point throughout year, the US GOV can sell the rest of their 41k #BTC ? Do I have this correct? and we're just supposed to be ok with this? #Bitcoin
Good morning everyone!! I've got a #BTC update for ya! When zoomed out to the daily TF, you can see the full ABC much clearer! You can see that it wicked the 1 fib which is the target for Wave C (1:1 of Wave A). It's very possible that Wave 4 is complete! We cannot confirm the start of Wave 5 until it breaks above the 618 fib at ~27550 which is where it is now. You can also see the RSI is at resistance.. We need volume right now to break this level and send us onto Wave 5! #Bitcoin
Hi guys! Here's what I'm watching out for on #BTC.. Obviously the resistance at 27550 which still hasn't broken! As long as we're under that level, we have these green buy targets. The full ABC should have landed at that green 382 fib, that remains strong support as well as the 1 fib.. The red levels indicate W4 which is where we are now, so I think its def possible that Wave C needs a 5th wave down! I've measured the subwaves of that 5th wave below but the main target will be ~$25.1k. Like I said, as long as we are still under the 27550 level, this is the possible bearish scenario! I'll keep you updated! #Bitcoin
#Bitcoin UPDATE!... Well, kind of.. #BTC is STILL stuck between 2 key levels and we need a break of either to confirm the next wave! The 382 resistance is W4 level and the bounce off the 618 fib is W2 level. These are the most uncertain times on #BTC at the moment, but it shouldn't be too much longer before we get a break! I'm leaning more towards a break UP, bc we haven't reached W5 fib (or even W3).. and I still believe we will form that top in June! This week should give us more info to go off of!
Hello everyone! Just an update on the waves since #BTC fell through support.. Even though Wave C reached it's target fib, it was looking like it was missing it's 5th wave and could not break above the 382 resistance. The 5th wave target is measured below at the 618 fib ~$25.1k. Keep in mind that HTF is still in W4. The levels for the bottom target NEED to hold otherwise W4 is invalidated but looks like we're going to get a decent bounce around there. All waves should be complete at this level for Wave 4 and then we'll make our way up for Wave 5! #Bitcoin
Hey guys! #BTC looks like it just finished its Wave 1/5 right at the 618 and 236 resistance. I think its headed into an ABC correction for Wave 2/5 which I have labelled below! RSI made a new high.. To me, this means the start of a new wave (W5). This ABC correction will determine the rest of the 5th Wave which should be the high of the year and is still lining up for June! #Bitcoin
Good morning! #BTC has completed the FULL ABC for Wave 2! Right now its sitting right on the target 618 fib at $26.8k. This should turn into support! RSI is showing a bullish divergence getting ready for Wave 3 of 5! #bitcoin
Hey guys! #BTC looks like it just finished its Wave 1/5 right at the 618 and 236 resistance. I think its headed into an ABC correction for Wave 2/5 which I have labelled below! RSI made a new high.. To me, this means the start of a new wave (W5). This ABC correction will
Yes, I'm well aware #BTC is not $58k and that it's June 2. That prediction was posted in January of this year and should have read, "The highest BTC COULD reach is $58k"... Either way, I'm tracking the waves as they form. #Bitcoin just completed Wave 4 and is making it's way to the 5th wave which should be the high of the year. I still believe this will happen in June! Subwaves have already started and I'll continue to keep you posted as they form!
Of courrseee #SEC announces their lawsuit on #Binance right before #BTC Wave 3.. Where have I heard this before?? Surprisingly RSI is not showing much strength.. I believe it'll have decent support on the .5 fib at $25.3k. Going below this level would invalidate the entire Wave 4 so I think it's going to need quite a bit of volume to break!
Good morning! #BTC has shown some good support on the .5 fib at $25.3k and is now up to our first resistance at the 236. I have the current resistance levels in red. You can see resistance is strong and UNDER the 382 fib now. Waiting to see what the volume is like when we test the 382 and .5 resistances bc it's very possible that if these do not break, it'll come back down to at least the .5 fib support. #Bitcoin
#BTC Wave 5 Y'ALL! Since Wave 4 is complete and held above the .5 fib, we now have an exact target for the top of Wave 5. I'm expecting the full 5 waves to be complete at $34370. RSI on small TFs is showing a possible small correction but the daily TF still has more room to reach this target! I've said it before, but after this, I'm expecting at least a 60% correction of the full 5 waves! #Bitcoin
Hey guys! I'm BACK! 🥰 and with a MAJOR #BTC update! #Bitcoin is at critical support on the 382 fib at $29.1k. You can see its been holding this level for a while now (~2 weeks). This is what I believe to be subwave 4/5. This level needs to hold in order to make it to our 5/5 target at $34.3k. With the RSI trying to make a turnaround, I think we'll start to see a reversal on price (⬆️) here soon!
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