oakoakoak999

oakoakoak999

Elliot wave told us to go bullish in this set up. the price is finding the new wave one. could be bullish continuation.

oakoakoak999 Updated 

Big trend, In Elliot wave: We are on Leg B->Leg C (Bearish) In Medium trend: we are spring back from 61.8 (15K-73K). can either go up or down. In Daily trend, we are in bearish flag (orange parallel line) and we spotted 2 butterfly pattern. so our trading plan is we are going to long until 60k. then we open the short position in the red box range. and our target...

oakoakoak999 Updated 

Currently VIX 11.57->12.78, DXY also rising. The chart on 4H time frame is forming head and shoulder. on 15 mins time frame forming quadruple tops. and the price already break the base line. I expect the price to come down to 62000. and might spring back from previous local high.

oakoakoak999 Updated 

1st TP around 70-71K (Short view) 2nd TP around 100-106K (Long view) The price forming "Running flat" and going to attack 70K zone soon.

oakoakoak999 Updated 

Overall (Short-term, Long-term is hard to tell): possible in both Long (40%) & Short (60%) Color system: Start from purple-> On 1-hr. time frame there's a little bull divergence on it. So it might spike to the green area, but the volume is so low that I don't think it will go up in that way. So let's see the blue lines are the test line (support). If it cannot...

oakoakoak999 Updated 

Elliot wave shows that 1->2 is 80% 👌 2->3 is 161.8% 👌 could be higher but for now I just set it as a dummy target. Where are we going? • we might going 3-4 around the green box. and 4-5 after the collection

oakoakoak999 Updated 

If the price break any black trendline. the trend will change I guess. in term of RSI, it feels like retesting the higher low. so I assume that the price might go down first then pull back. If it's not gonna make it, it will drop like a hot bullet. you could see the fibo that I have drawn. for current situation (short term, weekly), I go -> bullish 60% bearish...

oakoakoak999

higher low higher high. SL 26900. Target 29-30k xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

oakoakoak999

Trend is going down, but it is nearing support line so we gamble.

oakoakoak999

Historical all time low for RSI, so there might be a chance that there will be some spikes (could be no spikes). I can see 2 scenarios (as shown in the graph). Let's wait for the FED speech.

oakoakoak999 Updated 

Should go down at least 21k(Wave2) to go up for the next (wave3).

oakoakoak999 Updated 

the chart looks good, and I think it will go down for collection for a bit. target =-3000 pts.

oakoakoak999

over expected for BTC. for now I go with the trend. and plan to open long in a near future!.

oakoakoak999 Updated 

I do a fast long over here, the idea was that we hit both 0.236 and 0.5 in both elliots. so I think we might be in an "A" spot going to "B" Happy trading!

oakoakoak999 Updated 

It breaks every possible trendline. Once it breaks more you will see targets 1 2 3. Happy trading.

oakoakoak999

3 times breaking lower trendline. So I expect the trend will go downward. it will go one way or another as shown in the graph.

oakoakoak999

It really breaks the trendline, even if it is just a little break. a break is a break. I expect it to go down. for short-term it could spring back a bit but naturally I think it is likely to go down once more!.

oakoakoak999 Updated 

Do we want to retest again?, I don't think so. Let's cool down for a bit!.