The price of the LTCUSD cryptocurrency pair hit the gold trend line impulsively and made a new local peak at $ 251.90. From there, the first correctional wave A was made, followed by the formation of the triangle B. Therefore, it was left to wait for the next, probably the last inheritance wave C, which should also develop in an impulsive way. The target level for...
100 EMA held Litecoin bull flag formation SHORT SIDE If it breaks to the downside (closes beneath $200) this strongly supports the C wave .....my buy limits are: €162.87 €156.34 €147.64 €131.24 (Blue Line) 61.8% retracement signaling the next uptrend LONG SIDE Breaks the 50% retracement (Green line) we're extremely bullish.....my profit limits...
Looking at a 1h chart, we can see that BTC 1.55% just broke the resistance trend line ( in white ), consistently building the 5th Wave of the larger degree. - As Elliott said simple 2nd wave leads to a more complex 4th wave ( vice versa ), which ended right in the golden pocket! - If BTC 1.55% breaks the first resistance level ( 9583€ which is also the top...
entry point, 11,430$ (start of wave 3) target point 11,830$ (end of wave 3 ends at the 1.618 fib) stop loss at 11,330$ lets ride this small wave :)
Today we had an ignition without much of a lift-off, and we lost those thrusters somewhere along the way. Elon is furious and sends his regards! Currently we have found support on the bottom red channel line of the elephant in the room "the alleged wedge that's not to be spoken of" and are hanging by a thread. 1) Breaking 11190 will invalidate wave 3 in 3 in 5...
Due to the fact that the current downward correction on BTCUSD is quite extensive in time and in the price, I decided to present two potential wave scenarios: Scenario 1 (main): The growth impulse from the level of $ 5,930 ended with three waves and the current correction is a wave 4 of the entire growth impulse. The maximum range of this adjustment is 50%...
BITCOIN COMPRESSION BREAKOUT POINTS & PRICE TARGETS 01/27/18 @ 2am EST. BTCUSD is in a long & tight compression pattern with support provided by the Andrews Pitchfork S1 line, and a high to high trend line. With the past 5 bars being inside Bar , a decent breakout trade up or down can now be placed at the upper and lower breakout lines shown on the chart,...
TECHNICAL ANALYSIS: The price of the cryptocurrency HSare Coin quoted to Bitcoin HSRBTC remains on a downward trend, despite an extensive downward adjustment of the Double Triple WXY type correction. It is possible that the market will perform another downward wave, thanks to which the WXY structure will transform into WXYXZ, making all the movement even more...
Dogecoin is rapidly moving in a wave 3. Look to go long with this crypto. Entry closer to mean around .0040. Target at 2.618 fib around .011 Stop below monthly pivot of .0020. Risk Reward is 3+ :)
Like all the other Cryto's , IOTA has made a strong movement in price recently. The idea is to continue to the upside from the recent consolidation. Consider entry around the .5 fib retracement of wave 3 at the R3 monthly pivot of $ 2.93. The target is looking ahead towards $ 8.00 The idea is invalid if price closes on a daily bar below the .786 fib. Risk...
This coin could be considered for purchase at a lighter price. Entry at the confluence of the .5 fib retracement & monthly R5 pivot around $ 225. Target is up at $ 600 Point of invalidation is if price closes on a daily bar below the R1 Pivot. Risk Reward is 3+ :)
Traders, we have a set up on EUR/SEK on the 3H chart, with a cycle pattern buy. (Three drivers pattern). When analyzing this chart, I discovered that price appears to be moving in patterns. Price has an impulse leg, and then has a corrective leg, and then has a new impulse leg that measures the same size as the previous one. When analyzing the chart, I started...