Hello, Skyrexians!
If you remember, we warned you just before the February 3 crash. Now we can see almost the same situation on the market looking at
BTC.D . This chart can predict all crushes.
On the 12 hours time frame we can see enough candles to analyze the current 5 Elliott waves impulse. If you remember dominance currently is in final global wave 5 and you can see it that it's almost over looking at the Bullish/Bearish Reversal Bar Indicator [Skyrexio] at the weekly time frame. Now we are looking inside this wave.
Look how perfectly wave 2 retraced to 0.61 Fibonacci of the wave 1. Then Wave 3 has been finished inside the target area as well. Wave 4 retraced to 0.38-0.5 Fibonacci area. At the same time the Awesome Oscillator showed us the bearish turn. It means wave 4 has been finished and now Dominance is preparing for the leg up in wave 5. The target is 66%, but the max pain target is 69%. This is unlikely but keep in mind.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
If you remember, we warned you just before the February 3 crash. Now we can see almost the same situation on the market looking at
BTC.D . This chart can predict all crushes. On the 12 hours time frame we can see enough candles to analyze the current 5 Elliott waves impulse. If you remember dominance currently is in final global wave 5 and you can see it that it's almost over looking at the Bullish/Bearish Reversal Bar Indicator [Skyrexio] at the weekly time frame. Now we are looking inside this wave.
Look how perfectly wave 2 retraced to 0.61 Fibonacci of the wave 1. Then Wave 3 has been finished inside the target area as well. Wave 4 retraced to 0.38-0.5 Fibonacci area. At the same time the Awesome Oscillator showed us the bearish turn. It means wave 4 has been finished and now Dominance is preparing for the leg up in wave 5. The target is 66%, but the max pain target is 69%. This is unlikely but keep in mind.
Best regards,
Skyrexio Team
___________________________________________________________
Please, boost this article and subscribe our page if you like analysis!
Turn TradingView indicator & strategy alerts into automated trades on major crypto exchanges using no-code bots
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
Turn TradingView indicator & strategy alerts into automated trades on major crypto exchanges using no-code bots
Start free at skyrexio.com
Start free at skyrexio.com
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.