We are facing a 5 ascending Elliott waves
Wave 4 is coming to an end
Support zone should be above wave 1
more than 42000$
Time analysis has also been performed
Wave 4 time has not yet arrived
We need bullish divergence on
wave C or 4 that not be happened.
Fibonacci clock intersection today coinciding with upwardly moving MACD, overbought fibonacci volume RSI, increase in trend volatility (purple backdrop) with a large gap between the next intersecting lines suggests bullishness and big moves.
Last post: June 30th. See chart .
Review: Price was heading up towards the previous all-time high.
Update: Price has now started to challenge the all-time high resistance level.
Conclusion: We need price to clearly break through the resistance level and stay above it, then we can start to look for long opportunities.
Any comments or questions, do not...
This plot tries to predict a future buy that should happens on June 6th. Time and price are precisely depicted on the plot.
If the settings of the buy get accomplished from now to the 6th, then I will buy and I will close the trade as pointed by the green arrow.
This new experimental strategy is based purely on Fibonacci settings. We will see how good it could...
Upon my calculations, using the below techniques I'm estimating an important impulsive movement, which likely will be UP direction, and should happens on 05.05.2018.
-ROC crossing MA.
-2 x Fibonacci trend zone. Minimums and maximums appoints both to the same date!
-ESCGO by Lazzy Bear indicators. Helps locating price cycles in time.