A meaningfull discription would be.
If current pattern continues and resolves to a wave 5 completion , which ends at 63kish , we have firmly broken prev. ATH and can expect more up.
If current pattern discontinues at prev. ATH which sits at 58k-ish, (by means of a firm rejection at that level), the current formation points down and could in theory resolve into...
Anyone else hoping it plays out this way? We've closed out above the psych level of 50k, can we make it to 70k soon? Thoughts, comments, and ideas are always appreciated!
This is not financial advice. These are simply my thoughts on potential moves.
This is the chart for the total crypto market cap.
Overlayed in orange is the SPX which is the top 500 US companies. Currently the value of the SPX is >170% of US GDP. According to Warren Buffet, anything over 135% is 'Significantly overvalued' and Buffet has been offloading much of his stocks and sitting in cash. (read more here: www.gurufocus.com ). The...
Hi everyone,
it seems like Augur is ready for Wave 3 of the current uptrend. Veil mainnet has launched and the platform is growing a remarkable userbase according to crypto media.
Looking at the 4h chart, wave 1 is a beautiful example of a perfect Elliot 5 Wave structure, respecting the Fib levels to perfection. Now that the whole structure (Orange wave 1) has...
Hey Everyone,
A quick look at what is happening with Litecoin as I have had a few requests around the place, so here it is....
The Global Market cap has almost halved since December 2017... but LTC has fared far worse, at one quarter of the price it was at the ATH (All time high).
The reason is also there are so many new coins and tokens all vying for that...
I can count 5 impuls waves up and i think we have just finished 1of5 waves up.
This week i think is going to be a correction and we should see a 5 wave movement down in the leg C.
At the moment is unclear how deep the correction will be but lets see.
Iam not trading it this week but will look the end of the correction.
Hi guys, analysing dollar index and the kind of structure on eurusd it looks more upside, this up move will be final one before some pretty good downside correction then it will go more up, both DXY and Eurusd structure suggesting the same, So on lower time frame let it complete that small correction and take that buy. Good luck will keep updating this chart.
Hi guys,
EURJPY looks good for a buy. Use your tested trading strategy to find the entry and exit level. If you don't know the entry or exit levels, you are not ready to trade live funds.
Best regards,
Tom_Killick
