Man of Bitcoin
@Manofbitcoin
Crypto/Bitcoin analyst and investor. Using top indicators for accurate predictions for the coming Bullrun. Funny memes to keep it fun.
Keep in mind, Fibonacci levels aren’t too reliable right now because exchange data varies widely.
$ETH: Price bounced from the 61.8% Fib level at $3,650. A move above $4,001 would be the first sign of wave-3 starting. Watch for a full five-wave structure to confirm the low.
$BTC: The price reversed from the 50% Fib retracement level at $110,208. The next objective for the bulls is to break above $114,910 for a first signal that the chart has formed a low.
Strong charts bounce off support‼️ If a chart stays down without a bounce, it’s probably broken support and isn’t as reliable.
Accept Losses as Part of the Game: Every trader faces losses; it's how you handle them that separates successful traders from the rest. Learn from them and move on.
$BTC dominance chart The chart has likely completed a wave-b high in a direct move to the upside. As long as the price remains below the last swing high at 63.49%, I assume the upward pattern is complete and wave-C to the downside could start next.
$ETH: The price is declining. Let's see if the price holds support above the last swing low.
$BTC: As long as the price holds above the previous swing low, a final rally in wave-(v) to the upside remains likely.
Adapting to market conditions is key‼️ The market doesn’t adjust to you, you adjust to it.
$ADA: The price broke below key support, invalidating the immediate bullish scenario to the upside. As a result, I’ve adjusted the wave count. Wave-3 now appears to be unfolding as a diagonal structure, with wave-C expected to develop in a five-wave pattern. As long as the price…
In situations like this, it’s important to zoom out and look at the bigger picture.
$SOL: The price is likely forming an ABC pattern within wave-iii to the upside. It recently reacted to the 78.6% Fib level at $173. As long as the price holds above the last spring low, wave-C of iii could begin from this area. The invalidation level is set at $155.
$XRP: The price broke below key support at $2.19 and experienced a sharp decline, which I interpret as part of wave-iv. Major support for wave-iv lies around $1.02. On some exchanges, the price has already touched the $1 level, suggesting that wave-iv may have completed its low.…
$ETH: Whenever the 4-hour RSI dipped below 20 level, it has historically marked a good buying opportunity.
$ETH: Yesterday, the price experienced a sharp pullback but held support, keeping wave-(iv) intact. As long as the price remains above $3,343, the bullish scenario stays valid.
$BTC: Yesterday, the market experienced a massive crash. I interpret this move to the downside as wave-C of (iv). As long as the price holds above the $101,572 support level, the final leg up in wave-(v) remains possible. On some exchanges, the price even reached as low as…
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