Elliot Waves are pretty distinct and almost to easy to read which makes one think if it can be true. Nevertheless we can clearly see the very strong trend of 5 impulse waves up on the left followed by also clearly obvious Expanded Flat correction 3-3-5 (abc, abc, 12345 blue waves on the chart).
Additionally after a very strong impulse cycle correction usually is...
The Bitcoin dominance compared to the Altcoins is looking weak right now.
It tried three times to break through the trend channel the last couple days, but
could not manage to clearly stay outside of it (H4 timeframe). The last 4h candle closed inside
the channel. If the daily candle closes inside the channel today, we can expect a downside
of the BTC ...
This is our £100-£20,000 challenge results so far and as you can see we have been flying this week returning 52% of the initial starting balance ( £100 )
If you want to check this out for yourself we can provide proof of results.
It is not too late to get involved either, just message me if you are interested.
I really need to spend more time before publishing....
Here's is my updated chart after tidying it up, adding a few bits and also a tongue in cheek look ahead to $1,000,000 :)
Bitcoin 4 year cycle, self explanatory chart.
The parabola character of the exchange rate increase is not damaged. According to my previous analysis, he is on track. This strategy must be thrown away if the exchange rate falls below the red line. Until then, this strategy is in place.
This week we are flying, 4 TPs yesterday, 3 TPs and a trade closed in profit today.
If you are not with us then you are missing out as this special strategy is proving a good one so far and could be a money printer ;p
This week so far we have 50% R.O.I and we have a few trades close to coming live so we will be looking to add to that total before the week is...
Technical analysis:
. BitcoinSV/Bitcoin is in a down trend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 24.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
The trend lines presented clearly associate potential fluctuations with defined stability levels -- outlining a primary-base, secondary base level & sub-base trend -- allowing for a closer analysis for future momentum.
Analysis by STUDIO VIVE Ltd.
Wait for full rejection of region showed above then short it for at least 150 pips, Oil is very aggressive at the minute. But, this mild pull back from the 61.8 was expected.
Huge $WTI set up for next week. As Oil approaches the 0.5 fib level on the daily with a RT and strong supply level. Expecting a lot of manipulation at this level as the picture is clear to...
LITECOIN HALVING: SELL THE NEWS
Previous Litecoin Halving Price Rallied 700% 49 days before Started crashing 73%.
Current Litecoin Halving Price already rallied 500% Could it raly further and have another big correction like last time?
BUY THE RUMOUR SELL THE NEWS!
This chart shows the market cycles in each reward era, the current era is in a downtrend phase.
This phase could reach a correction of around 78% - 86%
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