Arthur De Best @Arthurdebest94

Weekly #BTC outlook: Three data points why I believe the worst part of the correction is over. This is what I'm looking at: - BTC weekly liquidity above the current prices - Funding rates neutral / slightly negative - Daily RSI's reset. The weekly RSI's could go a bit lower

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Crypto Total MC & Total3 EW analyses This is what I'm looking at: - Both reached the yellow support zone - Structure looks like an ABC/DXY correction in wave 4 - Both charts reached relevant fib-extentions and took out the A-wave low Therefor the low could be formed #crypto

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#ETH EW update ETH wicked below the yellow support zone but recovered fast. Therefor the bullish structure is still intact. - C-wave made a lower low and reached the 1-1 extention on the index chart. Therefor the wave 4 bottom could be in. - Target for wave 5 = $4.043-$5.106

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#ETH TA update ETH dropped a lot, but didn't break the most important levels on the chart: - ETH reached the goldenpocket ✅ - ETH reached the middle of the HTF log channel✅ Now: - reclaim VAL ✅= first sign of strength - Next resistance zone = 3.5k-3.65k #ETHereum #crypto

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#BTC EW update BTC reached the yellow support zone for the second time in this correction. - On the Bybit chart the wave C reached the 1-1 extention and made a lower low - BTC broke the 50% fib level (in red) = first sign of strength Therefor the wave 4 bottom could be in!

#BTC TA update - VAL reclaim ✅= First sign of strength - I'm currently watching the 67k-68k region as the next resistance zone. Most important level is 68k. - If BTC breaks $68k the 4H marketstructure changes and the low is most likely in and $71k+ is next! #bitcon #crypto

It's very important to seperate the short term moves, from the long term #BTC outlook There is nothing bearish about the current #Bitcoin price action. It's just part of a much needed correction I'm still expection higher prices ($100k+) as long as the weekly MS holds ($51.740)

Ones again the memecoin mania acted as a perfect local top signal Lets hope that people start investing again instead of speculating on memecoins or other shitcoins The hype is never sustainable. That’s why I never invest/trade based on hype/fomo/mania #crypto

The #INJ chart looks interesting to me. Might be a good buying opportunity - INJ dropped 55% VS BTC. Currently backtesting the old ATH - INJ dropped 40% VS USD. W MS currently holding, but INJ could go a bit lower first Invalidation: INJ/BTC 0.0003670 Invalidation USD = $27.70

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I'm tracking two EW scenario's for #Ethererum atm: 1) ABC correction in wave 4: B-wave still unfolding. Target = $3.857-$4.327. Relative fast move down afterward in C 2) Wave 4 bottomed. New uptrend started. Target for wave 5 = $4.463-$5.639 Probabilities: 1) = 60% 2) = 40%

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#Bitcoin EW update The latest move invalidated two scenario's: - WXY - EW triangle Relevant scenario's: 1) ABC: high B-wave currently unfolding 2) Wave 4 ended. New uptrend started in wave 5. Target = $92k-120k Probabilities: 1) = 60% 2) = 40%

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Arthur De Best @Arthurdebest94

3 weeks ago

#Bitcoin EW update The latest move invalidated two scenario's: - WXY - EW triangle Relevant scenario's: 1) ABC: high B-wave currently unfolding 2) Wave 4 ended. New uptrend started in wave 5. Target = $92k-120k Probabilities: 1) = 60% 2) = 40% https://t.co/vhRgXGuo1C

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#BTC EW update 3 scenario's - WXY: triangle fake-out but no breakout. Target Y-wave = 59.1k or lower. Invalidation = 71.8k - Triangle: one more higher low to complete this pattern. After that, new uptrend - ABC: overshooting B-wave. Target = 76k-79.5k. Fast move down afterwards

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#Bitcoin TA update - BTC is slowly moving up after reclaiming the POC and mid-channel - STF target = VAH & weekly = $71.378 - If BTC breaks $71.4k and backtest/hold. I believe well see a new ATH I'm expecting higher prices, but I'm not convinced yet that the correction is over

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#Bitcoin liquidity heatmap 1M chart: - Liquidity building up above the current prices - Potential short sqeeze = dips are for buying 3M chart: - Target for the bears is around $50k. But I don't think well get there. If we do, I don't believe well see a weekly close below $50k

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The first part of the correction is likely over. We are most likely getting some kind of a relief rally. However I'm still expection lower prices to come. So I'm not buying yet. I want to see more evidence that the low is in #Bitcoin #BTC

If #Bitcoin dropped to $59k it would scare and flush out a lot of people. That's what you want in a correction Personally I would like to see these lows taken out. I'm not saying we're definitely get there but I see a lot of confluence at 59k. $62.2k is also a level of interest

#BTC update Same two scenario's are still relevant: 1) ABC correction in wave 4. B-wave most likely topped. C-wave is unfolding right now. Target = $59.1k-$52.4k 2) EW triangle in wave 4. Sideways correction. Invalidation below $60.8k Probabilities 1) 50% 2) 50% #Bitcoin

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I made a slight change to the #SUI EW count This is what I'm looking at: - SUI could be close to a local top. Target for wave A or wave 1 is between: $2.21-$3.30 - Looking for a decent correction after SUI topped - Support between $1.10-$0.54 (changes if the price moves up)

Arthur De Best @Arthurdebest94

a month ago

I made a slight change to the #SUI EW count This is what I'm looking at: - SUI could be close to a local top. Target for wave A or wave 1 is between: $2.21-$3.30 - Looking for a decent correction after SUI topped - Support between $1.10-$0.54 (changes if the price moves up) https://t.co/jI0DXa6CfM

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#SUI TA update - HTF cup-and-handle pattern - Succesfully retested the VAH & old weekly ($1.24) - Daily close outside HTF range - SUI/BTC in an uptrend. Needs to break 0.00003843 to confirm the higher low It's possible we get one more drop before SUI takes off. Be prepared!

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