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Valentin Criptan
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#Bitcoin #BTC 💵 is going down, as I was expecting in my previous technical analysis of #Bitcoin . What now? Markets always move in waves, and that's why it's always good to do an Elliott Wave technical analysis. My Elliott Wave count suggests that wave (A) will soon be completed and we will see a relief rally back to 66k. A lot of alts are going to pump during this relief rally, so make sure you have some. On the day down, we have 3 strong supports. The first support is at around 59340 USDT because of the previous significant swing low. Also, 20% corrections are classic in the stock market. The second support is at 53080 (fair value GAP) and the third support is liquidity below wave (4) at 50585. We are most likely going to hit the 50k level sooner or later, so be prepared! Then we can start a new bull market and reach levels above 100k later this year.🚀💰💥

#Bitcoin #BTC 💵 is going down, as I was expecting in my previous technical analysis of #Bitcoin .

What now?

Markets always move in waves, and that's why it's always good to do an Elliott Wave technical analysis. My Elliott Wave count suggests that wave (A) will soon be completed and we will see a relief rally back to 66k. A lot of alts are going to pump during this relief rally, so make sure you have some.

On the day down, we have 3 strong supports. The first support is at around 59340 USDT because of the previous significant swing low. Also, 20% corrections are classic in the stock market. The second support is at 53080 (fair value GAP) and the third support is liquidity below wave (4) at 50585. We are most likely going to hit the 50k level sooner or later, so be prepared!

Then we can start a new bull market and reach levels above 100k later this year.🚀💰💥

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Valentin Criptan
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#BitcoinTrends" #Bitcoin #BTC is definitely ready to go higher🚀, and it's a really good time to buy the dip after the previous crash! We can see that the price is making higher lows on the daily chart, which is a strong sign of an uptrend. The price is currently still inside this symmetrical triangle, so we are waiting for an explosive move, probably to the upside. The trend is your friend until the end, and the trend is still intact bullish. 17% profit if you buy at the current price is very possible in the next few weeks! With 20x leverage on futures, it's a 340% profit. Where to take profit? I recommend the 0.382 Fibonacci extension from the start of wave (1) to the end of wave (3) and to the end of wave (4). But if you are not sure about that, you can still take profit at the top of the ascending parallel channel! But Fibonacci tools are a must-know when trading Bitcoin; they give you a massive advantage over other retail traders. Fibonacci techniques are popular among huge banks, hedge funds, and institutions. I wish you successful trades.🚀💰👍💥
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Almost $1 billion in liquidations, Hamster's day celebrated in style. 👍💰💥$
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#Ethereum #ETH 🚀💥 is still very bullish, so there is no reason to expect lower prices at this moment. We can see that the price broke out of this ascending parallel channel and retested it. Usually you want to wait for a retest and then enter a long position, which is happening right now! You can place your stop loss below the previous swing low (inside the ascending channel). On the chart, you can see my detailed Elliott Wave count. We are in the bull market, so we can expect an impulse wave to form. In this case, we are still missing the fifth wave to the upside, which gives us another reason to open a long position. Where to take profit? For this, we always need to use the Fibonacci extension tool. In combination with Elliott Wave theory, we can use the fibonacci extension tool from the start of wave 1 to the end of wave 3 and to the end of wave 4. The target for the fifth wave is 0.382 FIB or 0.618 FIB. Both log scale and linear scale are valid as profit targets. 🚀💵
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Hello, traders! How are you feeling about #BTC #BTCUSDT 's journey lately? This week kicked off on a high note for #BTCUSDT , swiftly climbing to $71,200, signaling a remarkable recovery of 2.26% in just a day. This surge found its wings as it breezed past the $68,300 resistance, now turning it into a solid support beneath its feet. As it edges closer to a formidable resistance marked on the charts, a successful closure above this level could supercharge its momentum. This potential leap is backed by an encouraging alignment with the Bollinger Bands' upper limit, alongside supportive cues from the EMA 34, 89, and SMA 20. 💵🚀
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🪙≈10 days before the #BTC halving, 94% of all possible coins have already been mined - the remaining #BTC will appear more and more slowly over the course of ≈100 years. Arthur Hayes warns that the market could experience greater volatility before and after the next halving. In principle, we are already seeing this.🚀💵
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