Man of Bitcoin
@Manofbitcoin
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Crypto/Bitcoin analyst and investor. Using top indicators for accurate predictions for the coming Bullrun. Funny memes to keep it fun.
Joined August 2023
$GLQ (by request): The white scenario is becoming less likely due to the depth and duration of the current pullback. Keep in mind that the (b)-wave can extend down to the 78.6% Fibonacci retracement, or potentially lower.
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$XRP price is likely working on a wave-iv pullback. Key support is at $2.75. My expectation is one more high to complete this bull market.
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$TROLL (by request): This chart has limited history, which makes TA less reliable. However, as long as the price remains above $0.03344, the price could extend higher in wave-3. A break below this level would be the first sign that the pattern is breaking.
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$BTC Dominance is going higher. Once Bitcoin's price bottoms, dominance may start to decline again as capital rotates into altcoins again.
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$BTC: The bulls need to take control NOW. A break below $112,722 would be the first signal that the chart has formed a top of sorts. A break below $110,642 would confirm this further.
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$BTC: While price is making lower lows, RSI is forming higher highs, a sign of potential bullish divergence. A bottom may be forming.
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$BTC: I've added the 61.8% Fibonacci retracement level to the chart, but price action has shown some weakness, potentially a warning sign. That said, I still anticipate a possible reversal within the support area. However, a sustained break below the last swing low at $112,761
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$BTC price has reached the 100% Fib extension level to the downside. I have adjusted my trade. My buy order has been triggered at $114,582. I have still another buy order at $113,820.
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$BTC on the micro level. Support for a wave-(2) pullback is between $114,924 and $114,404. Planning to open a 10x leveraged long at $114,404.
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$BTC price has almost reached my target for a wave-iv low. As long as the price holds support above the last swing low at $114,000, wave-v of (iii) to the upside could start from here.
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🚨 Bitcoin Alert 🚨.$BTC has broken through its recent support and is now heading toward the critical support level at $113,400. This is a KEY LEVEL to watch, everything else, including altcoins, is secondary right now!.📉 If Bitcoin breaks below $113,820, it could be the first
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$BTC: As mentioned a hour ago. We can see now a reaction to the $116,495 price level. This is a key support level to keep the direct bullish scenario alive. Interesting reward to risk ratio.
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$BTC price broke micro support and the upwards pattern looks incomplete, but still a potential (1)-(2) setup. Key support to keep the direct bullish scenario alive is at $116,495.
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$BTC: Ideally, the price holds support to form one more high in wave-(5).
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#FARTCOIN (by request): As long as the price holds support in wave-(B), a final push in wave-(C) of 5 of C is still likely. Key support is at $0.94.
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$ETH: A break above $3,888 would make the yellow scenario less likely and a break above $3,943 would indicate that wave-c of iii is already unfolding to the upside.
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$BTC: As mentioned previously, price held firm at the key support level of $115,815. The subsequent reversal appears impulsive, suggesting that wave-(3) is in play. The ideal target for this wave is the 1.38 Fib extension level at $119,095, indicating that one more high in
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$ADA: The correction seems complete. A break above the trend line would be the first signal that wave-5 of iii has begun.
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$XRP: Not a clear micro structure. The short term trend is still to the downside. A break above $3.32 would indicate that the chart has formed a low in wave-iv.
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