
Ian_Carsen
@t_Ian_Carsen
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Ian_Carsen

Ian_Carsen
بیت کوین به اوج میرسد؟ سرنوشت قیمت در چند قدمی اینجاست!

After holding the parabola, BTC is moving in the opposite direction to the recent flash crash. Depending on how it behaves in this area gives clues as to whether we can expect an all time high or not in the near future. In the case this does happen, a significant retracement (yet again) is likely!!--before a much better move up. Alternatively, it is still possible of course to visit the lower levels indicated, it's simply not the most likely scenario for the near future. Breaking below the shown "invalidation leg" would strongly suggest a move to those lower levels.

Ian_Carsen
بیت کوین ترسناک نیست: راز صعود بزرگ بعدی و پیشبینی موج الیوت

Looking at this chart, I just don't see much of a reason to be scared (October..Halloween). BTC has had a long slow period. The big volatility is coming, the question only is--which direction. Given the macro and the chart, I expect some more upside after the current consolidation plays out. There could be 1 more low in the cards, or we could have experienced the low already. Invalidation: If BTC breaks below the current 'locked' parabola and does not recover quickly, I will turn bearish. However, I suspect a 'fake out' is very possible. Regardless, the bottom range should hold in either case, with the top of the range holding in the 'fake out' scenario, and lower in the rang holding for the bearish scenario--this is how I will tell what is happening in that case. --- What seems to be playing out from an Elliott Wave standpoint is a moon scenario of an extended wave 5, with a leading diagonal for wave 1. We'd currently be on wave 2 or beginnings of wave 3. Honestly, it's a little hard to believe--but then I look at the gold chart--that thing has gone parabolic as well. BTC has some similarity to gold in that it's a safe-haven type of asset (for the more risk tolerant!). Given many who are dissatisfied/alarmed with the US's policies, I can definitely see these assets continuing to be bid for the time being. This would be a departure from prior cycles, in that this cycle would be longer than 4 years essentially. Many have long speculated that the halvings will effect the asset less and less--after all, 20 million btc have been mined with only 1 million to go for the rest of its life. The altcoins haven't gotten much love yet. This is simply not how a bull market typically ends--definitely not much euphoria!

Ian_Carsen
بیت کوین: آیا این پارابولا شکسته میشود؟ فرصت خرید بزرگ در راه است؟

Bitcoin wound up hitting my parabola and lower support range. If this parabola breaks and a significant candle (daily, weekly) closes below, I will consider this bull market over. Until then, while another retracement is possible/expected, perhaps even to new local lows, I'd consider this a buying opportunity if it does occur.

Ian_Carsen
بیت کوین بعد از سقف تاریخی: ریزش کوتاهمدت یا صعود ادامه دار؟

Now that we’ve made another all-time high, I think it’s most likely for bitcoin, that we have some retracement before our continuation higher. Of course, if we do happen to make a new local low before continuation, there are levels of support immediately below the recent Lows. Regardless, I do think higher prices are most likely Even though this bull run should be nearing the final stages.

Ian_Carsen

Based on Elliott Wave I believe a new high is quite possible, and based on another trading method the shown seem like reasonable levels to go long, especially if we get that larger wave 4 in the local price action. Wait for the wave 4 (we are on larger 4 of 5 (unless previous rally was a 3)

Ian_Carsen

SEI is in a consolidation period. I don't believe it has reached high enough. This type of consolidation is typically present before a larger move in the direction of the overall trend (up). Basing this largely on an EW triangle pattern--which may or may not be valid. The other factors supporting this trade are promising as well however.

Ian_Carsen

Hope you are well! It's likely BTC will eventually decline to the indicated buying area. I have constructed a balanced trade for a long at this region. This region could easily take price to new ATH, especially if price declines slowly with lots of corrective activity. While it is possible to decline further to one of the other regions, I don't think the probabilities for this are as high

Ian_Carsen

If this fills it should be a good option! Target can be adjusted. entry as well. If there's a major bounce before fill cancel the trade.

Ian_Carsen

Unfortunately, this rally may be short-lived. There's a decent likelihood of taking support more properly below, the bigger support being highlighted, although of course it may hold something higher such as the other area of interest shown!
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