April 23, 2024

Bitcoin + Ethereum – Wave Analysis.

BTCUSD

Bitcoin + Ethereum - Wave Analysis.

Correction in the wave(2) of [1]turned out to be much deeper than previously expected. But aftermomentumin the wave(1)the decline is underwaytriples, which is in favor of a quick end to the correction and resumption of growth within the framework of the main or one of the alternative scenarios. A breakout of the downward channel will confirm the color count.
Bitcoin + Ethereum - Wave Analysis.

The wave highlighted with a blue ellipse is more likelytroika, howpulse, so the option with the formationdiagonalsbasic.I will consider purchases if the model is fully formed, or if the downward channel is broken out and the price consolidates above it. Junior degree updates are published several times a week in the Telegram channel, join us.

Alt

Bitcoin + Ethereum - Wave Analysis.

An alternative calculation implies continued growth in a wave[5]ofIasthe ultimatediagonals. Both estimates for the near future are co-directed, therefore, with a greater degree of probability, within2020We are expecting growth this year with a renewal of the historical maximum. All these calculations have been described in detail in a large overview of senior degrees. I want to highlight only two points - thispulsehighlighted with a blue ellipse andcorrectivemodel in the formdoublezigzag highlighted with a pink ellipse. This formation implies a quick resumption of growth with minimal targets$ 14,000 +.
Bitcoin + Ethereum - Wave Analysis.

Within the framework of a local alternative, athe ultimatediagonal in compositionexpandingplane in the wave[b] ofY.The counting option is alive as long as the downstream channel is alive.

ETHUSD

Bitcoin + Ethereum - Wave Analysis.

Wave targets2V78.6%achieved. Structuredoublethe downward zigzag is completed, however, while the downward channel is alive there are variations in the continuation of the declinesubwave (c) of [y]
Bitcoin + Ethereum - Wave Analysis.

Again, growth from116started soonertriples, which increases the likelihood of a diagonal forming in the wave(i)of[i]or wavecOF (b) of [y]as part of a local alternative. Junior degree updates are published several times a week in the Telegram channel, join us.

Alt

Bitcoin + Ethereum - Wave Analysis.

Whole downward wave from the top of the waveI ($1400)could be identified incorrectly and is a wave[A] ofIIasmomentum. Next wave(W)as part of the risingdoublezigzag in the wave[B]or wave(A) of [B]as part of the emerging triangle. A triangle can also be formed in a wave(X) of [B]. There are a lot of options, but in each of them at a certain point there will be good trading opportunities. It remains only to recommend following the updates.

VK Group: https://vk.com/freetradelife
Telegram channel: t.me/freetradelife
Twitter: twitter.com/TradeWavesEWA

This review is only the opinion of the author
Losses and profits are solely the result of your trading decisions.
</strong>