Cryptocurrency Elliott Wave Blog!
BTC, ETH, BNB, XRP, ADA, DOT, AAVE, LINK, DOGE, XMR, NEO, THETA, TRX, UNI, VET

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Archive by author: Kittiampon SamboonsodReturn
November 2022
Elliott Wave charts by Kittiampon Somboonsod 4 Hour and Daily - Bitcoin price continues to be heavily pressured by selling pressure. The price is below the MA200 MA50 indicating a clear downtrend. The wave oscillator is below the zero line with downward momentum. But even then, there are starting to show signs of reversal in Bullish divergence, so overall Bitcoin price is likely to reverse up again and the price is likely to trade above the 21437 level.
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Elliott Wave charts by Kittiampon Somboonsod 4 Hour - The price is likely to trade below 0.069 as the decline of wave 5 has the same length as wave 1. The price is also below the MA50 MA200 and a hidden bearish divergence has been formed, so the outlook remains a downtrend. Daily - The structure in the larger image is reduced with a double corrective pattern in the lower (Y) wave, but because the internal sub-wave of the wave is not yet complete. Overall, there is a chance that the rate will con...
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Elliott Wave charts by Kittiampon Somboonsod 4 Hour - Bitcoin price continues to be heavily pressured by selling pressure. The price is below the MA200 MA50 indicating a clear downtrend. The wave oscillator is below the zero line with downward momentum. But even then, the price started a bull rally at the 18150 level, so as a whole, Bitcoin is likely to reverse its uptrend again and the price is likely to trade above the 21437 level, but not below the 15784 level. Daily - Bitcoin price continues...
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Elliott Wave charts by Kittiampon Somboonsod 4 Hour - The price is likely to trade below 0.069 as the decline of wave 5 has the same length as wave 1. The price is also below the MA50 MA200 and a hidden bearish divergence has been formed, so the outlook remains a downtrend. Daily - The structure in the larger image is reduced with a double corrective pattern in the lower (Y) wave, but because the internal sub-wave of the wave is not yet complete. Overall, there is a chance that the rate will con...
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