DobrijZmej08

ZmijElliott BTC Way to 24k Very strange movement was yesterday, I even thought it was impulse. Now I think that it is green wave (X). So, I am still expecting 24 300 level.

ZmijElliott BTC Short setup in Y wave • green (A)(B)(C) discussed a lot of times, and I think it is a correction instead of the impulse • I expected, that price started impulse up after it, but now it is definitely the corrective wave, so I marked it as (X) wave • if the previous is true, then BTC now started bild wave (Y) to the downside Goals in the down very different - from 23k with 1:1 proportion, to 20k or 25k with different proportions For the time, I think, it is more clearly now - 15.06.2023 and 26.06.2023 Movement higher than 28400 will invalidate this scenario.

ZmijElliott BTC Reached edge of yellow channel Blue XYW looks finished. Reached yellow trendline of channel. RSI without divergence for now - it is not impulse (but likely, it has not finished yet, and price will do one more top with divergence) I think it is good plase for short with goals below 25 000. Also, likely, price will still growth, but I don't see any possibilities for long with good SL.

ZmijElliott BTC Time to up... yellow C is finished • price reached edge of yellow channel • wave C did 10%% of wave A • purple v did 100% of i+iii

ZmijElliott BTC Will continue to corrective big red candle? • price reached edge of red channel • green (y) reached 100% or green (w) Likely, price finished red wave ((x)), and we can growth to wave ((y))

ZmijElliot BTC CPI was good? I do not think so... Last green (w)(x)(y): • first ABC clear enough, maybe it is not impulses, but it is triple • wave (x) very near with impulse, but ok, maybe it is middle-wave • wave (y) - it is definitely not impulse, because blue wave B created the lower extremum, which divided two parts on triple A and impulse C. I cannot count blue A as an impulse, maybe I am wrong middle green (A)(B)(C): • while we are below wave 1 (28 333), it still can be impulse • even if it is corrective, I am sure, that we need another leg to down after testing the edge of the triangle • price touched level 38.2% very accurately (it is the minimum level for wave X) RSI: • time to down Questions: • is the price starting a new impulse to the upside? No, I do not think so • can the price touch edge of the triangle on level 28 430? I think yes, but it will brock impulse structure, and it will be confirmation, that we have a corrective move to the downside • where trade? I got a short, but large sl, and I want to take a little more position, if we will build one more wave to the triangle's edge

ZmijElliot BTC before CPI of may Still in channel. Green (w)-(x)-(y) looks finished Seems like BTC wants start something new to downside. Today we will get CPI y/y, so we can expect some sharp moves. I am expecting that it will be move to downside, but usually for similar news we got or stablecoin or move in two directions. Move to upside still possible, to the edge of triangle, and this will approve, that blue ABC is finished. If price continue fall, then it will be possible to remark into impulse

ZmijElliott BTC Buy the local deep? Wants one more as gift? No any sharp moves, and price still in the downtrend channel. 27 000 still possible for wave c. 27 200 - good level of liquidity 26 920 - also good level of liquidity, but for wave c it will be too much (just for my opinion, not for market, of course). Is it possible, that my ABC it is impulse down? I don't think so, at least until price doesn't take 161.8% level. Trading plan: buy reaction on liquidity in level 27 200

ZmijElliott BTC check edge of triangle Last move looks like completed corrective structure ABC (or WXY). Now we got good reaction to the liquidity zone, good chance to enter to the uptrend for testing triangle's edge. But be carefyl - it is posible, that downtrend will be continue to 161.8%

ZmijElliott BTC H4 triangle correction to 26 000? Timing: • until the 100% period we have 2 weeks • right now we reach 61.8% by the time • also, the price reacted to 38.2% Correction levels: • regular for wave 4 it is 38.2% (for our case it is 26 600 level) • for crossing with fibo-time it is 26 000 level - it is possible because upper than 50% • triangle for wave B also likely • divergence for wave A very confusing (maybe the most confusing part of this structure) • top of wave A allows us to feel good with the cross of the 4th wave (25 350) Summary: • looks like the facts above explain more of the last moving of BINANCE:BTCUSD