I had put this signal. It was private. And I didn't get it. Follow me and see how I predicted the past of the market on the page and comment
The Ethereum network is experiencing an influx of whales, a phenomenon that has preceded bull runs for the asset in the past. Data from Santiment shows that the price of the second-largest cryptocurrency by market cap is correlated with the number of whales holding 100,000 or more ETH. 60 whales join the Ethereum network As ETH price is correlated with the...
This is really dubious but it seems to make sense. It clearly shows the existence of lenghtening cycles and diminishing returns.
The Lower High on this All Time High was set via a Confirmed Diamond Reversal Pattern. What followed was a period of price compression into a triangle.
A simple path projection of NAS100USD assuming a continuity of past trajectory into the future.
all the point are from start - at 10k to today and all work!!! we going down !!!
This chart is posted after recent breakout as i had originally planed to short it before the breakout and was going to enter a trade when i got home, but too much time has passsed and the trade has moved beyond the current trading range. Nonetheless i want to show what i was planning to do on the short side of the trade pre breakout. 1. Price hit local...
Here we are at the beginning of the wave V, although I was not correct about wave b of IV beeing irregular, wave c of IV played out as expected. Now we are able to draw wave V price target zone. Based on a Fibonacci 1.618 extension we can conclude that wave V will end between 0.037 and 0.05 BTC per Ether. Wave V will have 5 waves like wave III. Watch them...
Looks like we're stuck in wave B of correction (of wave 4). This is an irregular (triangle) wave B - there are 5 waves in it (a-b-c-d-e). I've added two arrows to point out how such a wave B looks like, because it's rather rare. The end of wave 4 seems nowhere near, it can take whole April until it finishes.
Here we have it: a perfect Elliott Wave in all it's glory. This view helps to get a bigger picture of where we are in the current trend. Targets are estimates only, as waves can get severly compressed and stretched both in time and price. We'll be able to draw price target zone for wave V only after c of IV is concluded. I'll update the chart when this happens.
Finally a win. Weekly was making lower highs and lower lows - great downward trend. Downward trend had broken then longer term underlying monthly up trend. Took the trade off the 4HR - Saw a mini head and shoulders pattern emerging and thought Id risk getting in early and the formation of the top right shoulder.
Always good to look back in time. remember this : Tiscali – Important Italian telecommunications company whose share price grew from €46 (IPO in November 1999) to €1,197 in four months. They fell to €40 afterwards in less than two months and have continued plummeting to well under 0.2 euro. [ Think Tools AG – One of the most extreme symptoms of the bubble in...