✡️ At the end of June 2021, I predicted the last correct BTC according to the prediction (time). Thereby creating an equilibrium with strong price in this area (29k-35k).
1️⃣ After creating the double top pattern, BTC reversed and the price is now responding to the previous balance area (32k).
From the point of view of ichimoku BTC is currently on the cyclical timeframe completing the N wave pattern or we can understand it in the West as the ABCD pattern wave. Duplicate point of this wave model is gives us a reversal result at the end of the N wave or the D point (wave ABCD).
2️⃣However, it is necessary to save the most recent candlestick patterns in the present. We all gave us a “continuity SD (supply) view” at the 42k price area.
Therefore, to have a clearer view we have to analyze the multi-frame time intraday chart (D1).
3️⃣ In the process BTC's horizontal range is moving in a small triangle like the trendline in the picture.
𝑲𝒆̂́𝒕 𝒍𝒖𝒂̣̂𝒏: The main scenario will be ichimoku's first wave island. However, the component condition depends on the order when the line breaks the small triangle in chart D1.
𝑳𝒖̛𝒖 𝒚́: The document will be canceled when the valuation line through the equilibrium point is created before the 32k area.
1️⃣ After creating the double top pattern, BTC reversed and the price is now responding to the previous balance area (32k).
From the point of view of ichimoku BTC is currently on the cyclical timeframe completing the N wave pattern or we can understand it in the West as the ABCD pattern wave. Duplicate point of this wave model is gives us a reversal result at the end of the N wave or the D point (wave ABCD).
2️⃣However, it is necessary to save the most recent candlestick patterns in the present. We all gave us a “continuity SD (supply) view” at the 42k price area.
Therefore, to have a clearer view we have to analyze the multi-frame time intraday chart (D1).
3️⃣ In the process BTC's horizontal range is moving in a small triangle like the trendline in the picture.
𝑲𝒆̂́𝒕 𝒍𝒖𝒂̣̂𝒏: The main scenario will be ichimoku's first wave island. However, the component condition depends on the order when the line breaks the small triangle in chart D1.
𝑳𝒖̛𝒖 𝒚́: The document will be canceled when the valuation line through the equilibrium point is created before the 32k area.