Bitcoin retrace to $35k then $15k once Apex of Triangle breaks

8 ott 2021

Based on 2 series of elliott waves I've calculated. I have listed the Daily and the Weekly. We are currently selling down on the C wave of the Daily Elliott Wave. There is a hidden Bearish cypher pattern, that initially bounced off of B leg, but we are showing a Triangle and its holding. The failed breakout will result in a retrace back below B leg and break $50, which leads us to my 1st target of $35k,,,

More updates will follow once we retrace to the $35k level

8 ott 2021

Trade attivo

9 ott 2021

Nota

9 ott 2021

Nota

9 ott 2021

Nota

another c wave sell off, this is the right side of the bearish cypher pattern...

9 ott 2021

Nota

I like to trade between multiple time frames, after viewing the long term trend. I also trade heavily off the money flow, and Accumulation/Distribution. I trust nothing but the MONEY. The rest is noise imho....

I also measure the money flow w/ fibs, and looking back on smaller time frames to confirm the larger trend.

9 ott 2021

Nota

And I always focus on Triangles and make sure I look for the APEX OF THE TRIANGLE THESE ARE INFLECTIONS POINTS, and the trend tends to more so heavily favor the CURRENT trend of the Apex

9 ott 2021

Nota

apex breached on 30min time frame

16 ott 2021

Nota

The Short position was close, I will revisit the 3rd wave around 69k

18 nov 2021

Trade attivo

24 nov 2021

Nota

27 nov 2021

Trade chiuso manualmente

possible

27 nov 2021

Trade chiuso manualmente

3 dic 2021

Trade attivo

back on the short position

3 dic 2021

Nota

4 dic 2021

Nota

4 dic 2021

Nota

possible

24 gen 2022

Nota

the picture gets more clearer

25 gen 2022

Nota

4th wave up on the elliot wave, now basing