HankHill_1

I can elaborate more in a later post, but I feel soon is a pivot that will catch a lot of people off guard.

This is pretty self explanatory from an Elliot Wave standpoint. It is an ABC correction on bicoin that could line up between 95-98k. Possibly a good long opp if given for high targets.

Hello, Been a while since i Have posted, but it has equally been as long since Bitcoin did anything tremendous. Overall, I think this move up is a part of an internal corrective zigzag structure that could lead to $FWB:21K on the daily tf. After that, I would look to potentially 42K area as a potentially higher tf zigzag structure on the Weekly. There is nice confluence if that target is to be acheived. Trade safe.

Looks like bitcoin could be backtesting this diagonal on the HTF. Just keep this in mind. Trade Safe

Hello! Hope this finds you blessed. I am writing as a follow up from my prior wave 5 idea. I am encouraged by this impulse up we made. It indicates we could be in a potential alternating wave 5 compared to the wave 1. Wave 1 was a little more lethargic in nature. This potential wave 4 could be extremely impulsive and might not last very long. I do have some fib time for appx March 18th (end of this week) for this pivot to be completed if it indeed is a wave 5. Moral of the story is if we are near $26k by the end of this week and we start to range at that top, be careful. Will update when i am able. Be blessed and trade safe.Target reached!!!

Good day to you! This is just a follow up from my post earlier today on the running flat wave 4 concept. Our target was hit and actually hit the 1.272. I originally planned for the 1.236. O well. Profit target was met. To be fair, I am only choosing "long" because i am not in most of my short anymore. Very small portion remains. I am not saying blind long. Look for entry signals That being said, I am looking to scale into a long here for a potential wave 5 if we see some sings of strength. This falling wedge that we have created on the wave down would be one of those because diagonals tend to enjoy going back to their origin. If ew start to make our way up, will follow up with targets for the upside. Trade safe!

Friends. Just an update regarding this idea. It pays to watch all timeframes. Especially with as much consolidation as we have had over the past several days. It has allowed the RSI on the daily tf to potentially create a 2:4 divergence. Meaning this could be a signal for a 5th wave to come in this move. I have alerts set for $21900 on the bybit chart to watch $21700-750. That area has been visited on the other exchanges, but not Bybit. That is important. Since this Daily tf has been taken out, I am looking at the 2/4HR RSI for signs of exhaustion in the area if given and then entry on the 15min. Trade safe friends.

Jsut a follow up from my prior idea. We hit a really nice 5th wave target for the end of this idea. For it being a running flat, we will need to see bullish MS going forward. I am encouraged also by the local 4hr divs at the bottom. This can be a good sign. if it is, a lot of confluence with $26k area Will stay in touch. Trade safe.Have alerts set for $21900 to watch around the $21700-750 area.

THis is just an idea that we completed a running flat wave 4 on bitcoin and have wave 5 inbound. Potential target would be $26k area.To be transparent, it could turn in to an expanding flat and still be valid. Meaning it could take lows below 21500 area and still put in a 5th later.Here is a link to a zoomed in view of the potential expanded flat targets. Could be the 21750 area.

This is just being shared as an idea to my other post after mentioning that at least a local top was in a few days ago. Considering a bullish ABC retracement idea. I presently have an RSI alert set to watch when the DAILY tf pivot low is taken on bitcoin. If that pivot is taken, I will be watching the 4 hour RSI for bull divs to potentially confirm that the move might be coming to an end and then would be much more "bullish". Trade safe friends! if you have found this helpful, please give a like to the idea and a follow!