Roblox struggled between June and November, and now it may be coming to life. The first pattern on today’s chart is the high-volume gap on November 9. Over 95 million shares traded on that surge, more than the previous 13 sessions combined. A record-setting day like that represents a potential change of character in the stock, with a whole new set of investors...
This retracement has look and feel of a B wave, choppy and hesitant. Got a H&S in the 15 minute chart on 11/11. Expect another leg lower soon IMO. Should push down to test support at the old ATH IMO. RSI went oversold, bounced, fades. Likely to get a big bounce (arrow) after the C leg, retest ATH in December. 19 Nov OpeX likely to be pretty choppy IMO. Sold...
ETHEREUM has completed the 5th wave of an Elliot Wave structure. We are now looking at an ABC Corrective phase on the charts. Lets break the ATH before we think about longer term targets. I put up the prediction on Twitter the other day when we were making HH as there was influencers saying we were going to hit $5,000 this week. Do not listen to FUD and OPIUM...
USOIL may be setting up for a big move soon. Potential Bullish Gartley forming at a key support level . Crude is in a bigger trend than most people realize. I believe we are completing the abc correction of waive 1 within the 3rd larger Elliot wave you see in the chart above. Crude may be heading to 1$150-200+
Im new to Elliot Wave theory but if this layout is correct then are we headed toward an ugly multi year ABC corrective wave (bear market)? Let me know your thoughts
As BTC recently reached to 69k an ABC pullback from here is to be expected ultimately reaching to 56-54k area (orange) also re-testing rising trendline that was formed from Aug (green line). The RSI on a daily timeframe also needs to cool down a bit. It is very hard to predict btc on such short time frame with this correction but eventually we should be heading to...
Altcoin m. cap is brobably doing an abc correction back testing the previous ATH That held us down being a ressistence for 6 months turning it as a support. The higher it goes the more violent those correction are, but we are probably in one right now. I am not a financial advisor so non of this is a financial advise. CRYPTOCAP:TOTAL2
LTC has a lovely ELLIOT WAVE structure in play after breaking out of a BULL PENANNT. 1ST 3 TARGETS HIT :) LTC now needs to go and break ATH for continuation to the long term target of $1,000. The ABC corrective wave that is shown has played out nicely. It has completed wave 1 and is moving through wave 3. Wave 5 prediction is FIB 1.618 $1,000.
Earnings next week and QS may be at a pivot point here. Possible ABC corrective wave - First PT $32 Careful with the IV crush for earnings... I like shares going into next week and after.
It looks like XRP is heading for a wave 3 on this leg up. We also need to break above green decending trendline and then also retestit with a wave 4, then after that last wave 5 should take us into a .702 and .786 area. There we should find some ressistence there to work it out before another leg up to ATH and very likely beyond. Moving above the 0.5 fib. retr....
With the recent price action after last ABC correction, DASH has formed a nice triangle that could also act as a reversal pattern as there are clear higher lows being formed. If we break above the triangle on the 3rd attempt we have to then also break obove the $220.6 zone to invalidate an ABC correction (climbing above the B wave). If all this happens, price...
Hello ladies and lads. Hope you all are well. The outlook on Bitcoin and all the altcoins are really positive, but according to Elliotwave, we need to be cautious right now. There a tiny chance, at least, that we see 5 wave down in BTC, if price fail to maintain a Daily Close above 64895.22 (last high) in order to finish a Correction pattern (i.e. ABC correction...
BINANCE:BTCUSDT It sure looks to me that BTC is finishing 3rd wave that needs to eventually get above the B wave of the Mays ABC correction. If we get above ~$59600 it is safe to say that the main ABC correction is over. As 60k area acts as a large ressistence, we should expect a bit larger pullback into a 45-55k area, before another leg up that could...
Gonna find out real soon. So Oversold, due for a bounce. So far this week every rally met with more selling pressure. Something gotta give soon... where will it hold? No positions, tried calls several times, all fizzled, and then the EOD dump. Looks like an ABC correction, so far... if this is an impulsive 3rd wave it's gonna get really really rough soon,...
Hi hope you are well. according to ElliotWave, we are at the ending phase of an ABC correction pattern, and the probability for going low in USDCHF is relative good if price activate our Trigger for short position. This can be low risk high reward situation. Its better to put this on your watchlist. I will answer to your questions, feel free to ask. have a good day.
Based on Rober Miner's system we have two PRZs. If the price actions and show a bullish sign on one of these two PRZs, then we can buy FTM (Bitcoin's price also should be considered). Yellow dashed lines are the possible reversal time(this is relative, not absolute).
Lovely break to the downside as I predicted last week. 1st target is 4263, then retrace to 4362. 2nd target is 4100. Safe trading.
SGX NIFTY which is traded based on our indian NIFTY, will give you an ADVANCED movements before our market opens. This will give traders an edge to take or quit positions ,sometimes loss of sleep also! Elliot waves should be drawn as per cash markets(as per Glen neely) But there is nothing wrong since this future is the mainly traded by matured participants unlike...