Acel

Acel Updated 

Incomplete corrective structure with no volume on the bounces favors a short term short trade. WXY lines in better -for now- since there are ABC corrections of a smaller degree. Alternatively, its a leading diagonal with a deeper correction.

Acel Updated 

This is the first and probably the last fiat currency chart i will post. What can I do? I got triggered by one of the promoted posts on tradingview's twitter feed. This thing is too easy, cant be more textbook Elliott Wave Theory. I tried to make it as educational as possible, dont use it for trading advice, although it will get there. :) *Well, idk if "thrust"...

Acel Updated 

Currently on a flat ABC correction for the X wave. Its kinda early to be sure if this is gonna be an ending diagonal + truncated C wave or an impulsive one. The current structure favors both scenarios so a short term uptrend is expected. As long as it doesnt make a HH than point 1, its on its way for the 5th wave down. Fib ratios do favor that count but its not...

Acel Updated 

We are almost getting there, before some serious uptrend, but its not time yet, IMO. Earlier today we had a very impulsive move, it was expected by a few, thats why it happened. The market doesnt follow the crowd. "But, we are reversing". "Soros will drive this down to 5 4 3 2 1 game over thousand.". "This is the correct trendline not that". "We are here on this...

Acel Updated 

I have been watching this chart for a while, trying to figure out a potential count. Lots of fibs point around 85$ area but the current structure seems incomplete . Instead of waiting to see it complete and then post, i decided to yolo it. What could go wrong?!

Acel Updated 

High chances for one last dive for TSLA. There is also a chance that it has a completed WXY 2nd wave but the waves seem impulsive, thus being an ABC. Fib correlations and low volume node around 240 $ , also pitchfork channel support.

Acel Updated 

I dont think there is something to add on a chart like this. Best case scenario its gonna have an irregular ABC. Farewell greens.

Acel Updated 

Gold is about to finish the triangle 4th with a smaller triangle on the E. Expecting a huge bounce after mid May. Alternatively its a normal ABC for the E and it has already bounced. Potential target by the end of this year (approx).

Acel Updated 

Expecting one more wave down for the A wave to complete. Alternatively its a 3-3-5 correction and moving up for the B wave.

Acel Updated 

Just like Bitcoin, Ethereum is close to bottom or already reversing. Its more like 50-50 on Bitcoin, but here it looks like 65-35 chances of reversal. Expecting some HH in a form of leading diagonal and a deep retracement before some real bull momentum. Otherwise, it has one more leg down to ~300$.

Acel Updated 

10 reasons why you should own Bitcoin! Sell your camel now, or you will miss the moon trip! Insert no clickbait title here! Views, views, likes, likes!! Alright, back to the things that matter. Complex waves once more on Bitcoin, she is playing difficult one more time (yes its a female, its obvious). The majority of the alts have already started their first...

Acel Updated 

I have been watching BITFINEX:ETHUSD from time to time and i could not understand its movement. Fortunately , it made a lower low and now we have same potential paths for its next move. Now, i never trade based on news, but recently Vitalik posted a tweet saying that cryptos could go to zero at anytime. Well, "well done Sherlock!!" you might say without even...

Acel Updated 

There is a slight chance that its still inside an ABCDE 4th. There are so many shorts based on Gartley patterns. Let's go with the minority, shall we? Its still going up after some pullback. So its either up->down->up or down->up->up

Acel Updated 

Alright folks, this is not crypto related. Bitcoin is quite boring lately and i though of giving the stock market a shot. EWT theory is a great tool. Its NOT a crystal ball, but it helps on finding potential paths for the next move. Combine it with fibs and you are half way there. You should always adjust your view as new data comes in and never tunnel vision on...

Acel Updated 

Complex waves once more on Bitcoin. There is no sign of bull here yet, just a bear's playground. To be honest i was expecting this to touch 7.5k or 8k before a serious bounce, but "someone" else with a much bigger wallet and brain capacity was expecting it also and he decided to play along just a little more. Seems like it has already started while i was...

Acel Updated 

Enigma is following the same trend like most of the alts, chance of reversal here while its approaching the 0.786 level and strong fib extention targets.

Acel Updated 

Market circles, Elliot Wave Theory, patterns, they all point at the same path. DOWN. Re-adjusted the fibs on this second post, 0.786 retracement should act as a strong support for the mid term at least.

Acel Updated 

Multiple of 3s corrections on XLM/BTC pair while its trying to find some solid support before the run. Eventually it will find its way down.