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$BTC, second scenario of bigger waves consolidation count.
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Skenario kedua dari perhitungan gelombang konsolidasi. 🥇
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The double combination phase refers to waves 3 - 4.
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Fase double combo pada gelombang 3 - 4 maksudnya
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$BTC, In the larger wave structure, the orange chart pattern has already represented wave five, but it hasn't depicted wave 5 on the smaller-scale calculation (yellow color). Why? Because there's a double top there, and typically, wave 5 gets rejected around the 1.236 - 1.618 ratio.
So, based on my analysis, the current orange wave will be extended waves, while the yellow wave enters a double combination flat pattern, specifically ABC, then moves flatly to create a pennant.
Target price? $44,900 - $44,700 as shown in the image.
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Pada gelombang yang lebih besar struktur chart warna orange sebenarnya sudah merepresentasikan gelombang lima namun belum merepresentasikan gelombang 5 pada perhitungan yang lebih kecil (warna kuning) Kenapa? Karena ada double top disitu, yang seharusnya gelombang 5 umumnya tertolak di rasio 1.236 - 1.618.
Jadi menurut analisa saya, saat ini gelombang orange akan extended waves dan gelombang kuning masuk ke fase double combination flat pattern, yaitu ABC lalu bergerak flat membuat sebuah pennant.
Target price? $44.900 - $44.700 sesuai gambar. 🪙
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$SOL has entered the take-profit area. If you feel it's enough, feel free to exit.
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$SOL, sudah masuk area take profit. Jika dirasa cukup, exit dipersilahkan.
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$TIA, yesterday's correction made me buy again at the 0.618-0.764 ratio. My selling target remains the same, hopefully to the moon. 🤣
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Will $THETA be rejected again at resistance or go "to the moon" 👽? What's your opinion?
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So, this might be our gauge that the active sellers right now are the short-term holders, judging from the Exchange Reserve metrics that aren't aggressively increasing. Also, today, more Bitcoin has left the exchange compared to the amount coming in.
Do you think Bitcoin can hit $50k?
Anyway, for now, I'm still keeping an eye on the daily timeframe SMA50 as support in case there's a correction in the near future. 🥇
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Ini mungkin bisa menjadi tolak ukur kita bahwa saat ini yang sedang aktif menjual adalah Short term holder, melihat dari Exchanges Reserve yang kenaikan metrics nya pun tidak agresif. Lalu hari ini Bitcoin yang keluar dari bursa lebih besar dibanding Bitcoin masuk.
Apakah Bitcoin dapat menyentuh harga $50k ?
Tetap, untuk saat ini saya masih memantau SMA50 daily timeframe sebagai support jika terjadi koreksi dalam waktu dekat. 🥇
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Repost from Bybit Announcements
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$GMT, Take note of the white and yellow lines as scenarios, but their objectives are similar. Based on the analysis, GMT hasn't completed wave 5 in the price range of $0.41 - $0.46 yet. 😂
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Perhatikan garis putih dan kuning sebagai skenario, namun tujuannya sama. Berdasarkan analisa, GMT belum menyelesaikan gelombang 5 pada range harga $0.41 - $0.46 😂
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$FXS, Keep an eye on the 4-hour timeframe EMA200 as the current support. If it continues to react, there's potential for a wave 5 Elliott to reach prices between $11 - $12.15. If the EMA200 support on the 4-hour timeframe breaks out, consider Dollar-Cost Averaging (DCA) in the yellow box with the same target for the upward trend. 😁
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Perhatikan EMA200 TF4h sebagai support saat ini ya, jika masih bereaksi maka potensi naik gelombang 5 elliott ke harga $11 - $12.15. Jika support EMA200 TF4h breakout, maka DCA di kotak kuning dengan target kenaikan yang sama.
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$FXS, FRAX Finance halvening on December 20, 2023, is worth monitoring. But halvenings aren't always positive; take, for instance, $LTC on August 2, 2023.
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FRAX Finance halvening tanggal 20 Desember 2023, boleh dipantau. Tapi halvening itu gak selamanya indah, contohnya $LTC tanggal 2 Agustus 2023. 😭
