Price moved in channel, break it and moved to new ascending channel. Price break Triangle in upward direction Entry: 1162 - 1200 Target 1: 1625 Target 3: 1971
It seems that CND has finished correcting. How do we know? When you can count five subwaves of Corrective Wave C, it implies that correction is almost complete. A, B and C correction has almost retraced to start of Impulse Wave 5 (or bottom of Corrective Wave 4). MACD is also oversold suggesting all the sellers have gone (or at least going), and so what is...
a simple strategie when u take the true price u make profit buy at 0.00554 cndbnb tp 0.00818
I don't know why, this is just what I think could happen.
Please reference Chart. 1. The current CND channel, marked in purple, shows the potential for completion of Elliot 5 Wave which states that price action travels using a 5-point wave followed by a 3-point correction. This would leave CND with one more wave back to the top of the channel at about 1550sats, and would then experience a 3-wave corrective move. The...
Cindicator is "indicating" a Wave 2 triangle correction. According to Elliot waves, Wave 3 is never the shortest and crypto's tend to have an extended Wave 5. What does that mean? You can do the math and sit back on massive profits you can ride with Cindicator! Like, share or comment, if you agree.
A perfect Elliot 12345 Wave to 999 sats today 4th Jan 2018 followed by what I believe shows could be a dip to 750 sats in an Elliot ABC correction near the low 4 of the prior Wave 4. Things to note: Wave 2 correction was sharp! Wave 4 correction was flatter!
$CND RSI is heading up and it just broke resistance on bullish flag triangle. This is indicative of the next leg up!