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arnabtrading replied Mar 27, 2026When we analyze the structure of bitcoin from the daily timeframe starting in 2023, it becomes evident that the price action from mid-2025 up to the present is part of a corrective phase, specifically forming an irregular correction pattern. If my ...
Bitcoin (BTCUSD)
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arnabtrading replied Mar 27, 2026What is being displayed here is a recurring pattern similar to what occurred in January 2026, where a consolidation phase lasted for several days before a strong bearish move broke through the 0.618 level with significant momentum over multiple ...
Bitcoin (BTCUSD)
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arnabtrading replied Mar 26, 2026The behavior of wave (b), where it failed to reach the 1.0 Fibonacci target, indicates that investors are in a state of extreme fear. With this sentiment, we can expect the next structure to show weaker counter-trend movement, as investors are ...
Bitcoin (BTCUSD)
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arnabtrading replied Mar 26, 2026Alternatively, wave (b) may have completed at the 0.5 level (71.7K), and we are now experiencing wave (c). Based on the structure of wave (a), which formed a 5-wave move, we expect this current wave to also develop in a 5-wave structure (5,3,5). We ...
Bitcoin (BTCUSD)
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arnabtrading replied Mar 26, 2026As long as wave (a) is still holding, the count remains valid. Price is currently staying above the 0.618 Fibonacci level (69,150), and the wave structure still looks intact. There is still a possibility for a move toward 72.7K, although it may be ...
Bitcoin (BTCUSD)
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arnabtrading replied Mar 26, 2026Bitcoin appears to be losing momentum and will likely require a good catalyst to drive a move toward the 73K level. image
Bitcoin (BTCUSD)
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arnabtrading replied Mar 25, 2026Try this rules for RSI, on 5 min chart. (for Bullish Trend Bias) 1. First Entry Enter when the Relative Strength Index ≤ 40 Price = #1 2. Second Entry Add to the position when RSI ≤ 30 Price = #2 (lower than #1) 3. Calculate Price Difference x=#1−#2 ...
RSI, ADX System
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arnabtrading replied Mar 24, 2026This is how I identify Wave 3 on an intraday basis, although it’s not always perfect... image
Bitcoin (BTCUSD)