Биткоин
Длинная

Wyckoff, Elliot Wave, Heikin Ashi, Fibs

Обновлено
BTCUSD Analysis

Harmonics:
- An AB=CD pattern seemed to be forming, but the ratios were not respected.

Elliot Wave:
- There is an Elliot Wave ABC correction that may be followed by an impulse.

Heikin Ashi:
- Bullish Trend.

Wyckoff Arsenal (The Wyckoff Method):
- Force vs Price Bullish Divergence;
- Technometer Clearly Oversold at 37.52;
- followed by a higher low at 40.24;
- and a small Bullish divergence with Price action.

Interested Target ares: 13618, 16618
Stop Loss level: 8960

______________________________________
Wyckoff Arsenal indicators:
- Optimism Pessimism Index Multi-Timeframe
- Force Index Multi-Timeframe
- Technometer Multi-Timeframe
- Momentum Multi-Timeframe
Сделка активна
Заметка
Confirmed Hidden Bullish Divergence: OP or Volume down - Price up
However, a failure to push higher may bring us to lower lows
снимок
Заметка
снимок

Force & Tech are trending upwards.
Demand is coming into the market - OP starts to trend upwards as well.
It gives a sense of harmony.

Let's see how it goes.
Заметка
here we go, a rally followed by harmonious indicators
Заметка
preceded*
Заметка
So far, so good - everything keeps trending upwards
снимок
Заметка
The Technometer is Overbought at 49.78!
Is it time to sell?
I don't think so. All the other indicators are still pointing upwards.
Although it is good to use the Technometer as a starting point of analysis, it is not ok to use it as a sole indication.

I'll be waiting for signs from all the indicators. Maybe we can find some divergences.

снимок
Заметка
Current support and resistance levels highlighted
Resistance - 12000
Support - 11100-11500
снимок
Заметка
We are now in a trading range. It may take a few days.
снимок
Заметка
The recent "decline" was not a breakdown. Bitcoin is still trading between the marked Support and Resistance levels.
Right now, Bitcoin is just at the Support level.
The non-spoofing buy orders in the order book maintain this Support level.

The Volume Delta is increasing (this information may be observed better on the intra-day charts) - Buyers are absorbing the Sellers.
Subsequently, we can see the divergence between CVD and price: Price marked a lower low while CVD maintained its level.

The Technometer just passed its neutral level towards the oversold levels.
снимок
Заметка
BTC is being sold into Tether
USD is flowing into BTC
A big move is coming...
снимок
Заметка
The sell-off pushed the Technometer's values to 41.12.
Some exchanges reached as low as 35 values.
A value of 38 or lower is considered to be clearly Oversold.

снимок
Chart PatternsforceTechnical IndicatorsoptimismpessimismtechnometerWave Analysiswyckoffwyckoffarsenal

Join the Discord Server for more info about the published tools.
discord.io/CryptoWorld
a Discord bot for Charting (TradingView and Heatmaps) is available

🟣 If you like any of my Invite-Only Tools, let me know

(DM or Discord for inquiries)
Мои профили:

Отказ от ответственности