Is the China Narrative Running out of Steam? In our last update, we covered the rapidly developing China narrative as that country’s president, Xi Jinping, favorably spoke about blockchain. Since then, the market appears to have cooled . Jinping’s statements, which made clear that China is bullish on blockchain technology, didn’t mention any projects by...
If Bitcoin cant get a solid foundation above $9400 then its possible we could see price fall down to $5450 or possibly even $4200. If the price falls below $7450 then expect a long downward push Bullish as soon as we break through the (smaller) descending channel
Hello to all crypto enthusiast, we are standing in a very interesting time in the crypto sphere, I'll try to make this idea as simple as I can, even if you are not familiar. with Elliot wave theory, you can get here a nice amount of information about it. I will start with a disclaimer, It is important to me to clarify that my analysis are not a recommendation of...
In a chaotic market, it is nice to see the order, I had a tough time to figure it out, but I finely did it. Soon I will publish the 2nd helf of it and I will add some pictures for you to easy to follow. I added the videos I mentioned for you to follow in case you want to understand better my analysis fundamentals and guidelines. "A Dramatic Headline" "A Trip To...
Here I explain the differences and similarities between ETH and BTC, by this analysis, we can see the recent price drop is only because there is a big up-rise just around the corner. The BTC area is a bit less clear than the ETH, and so I presenting my analysis on the ETH.
Ooh look, sideways action in #XRPBTC. I didn't expect that. I like the fact that the is moving sideways. (Acumulation). I can see bullish divergence all over the place. Is this the low? Maybe (not).. But this is definitely a good price to accumulate.
Hello traders, The 2 possible scenarios I see: We go up from here to break the 75 area before heading back down to <45 which would mean we have a standard flat correction for the middle wave. Or We break the 50-52 price level now and then we head back up to complete a middle WXYXZ correction before any pattern continuation. If you would like me to forecast...
Hello. Current estimate for the end of the Zig Zag playing out in a combination (Flat with failed B leg, any three, zig zag, potential wxyxz) The Flat having a failed B leg created a Falling Three Peaks
wxyxz rallies lead to violent reversals that can retrace upto 90% of the rally or more. Silver could easily see mid to low 15's again.
The market quickly penetrated the support line overnight and then reversed. It may be too early to say, but it is a concrete sign of reversal. The daily candle will probably close in "Evening Star"... to follow! We can also notice a head and shoulder pattern on a 15-minute chart Le marché à rapidement pénétré la ligne de support cette nuit pour ensuite se...
Too many people made mistakes here. Coz this s a big correction B wave. As u see there s a WxYxZ combo. I have conformed all previous waves by elliott rules. That s why i set my strategy like this way... I will wait for 1395 - 1385 area to long. Then i will target 1450 - 1460 area to short...
Flashback: BINANCE:ASTBTC Airswap Recently had Instant v 2.0 Public Beta. We came to see good gains in volume but due to overall bad performance of market and high pressure on BTC AST Couldn't go beyond 873 satoshish however pre event buying and accumulated, RSI remained too high the price touched the price crossed 1178 on just 2 days before the event also keep...
GBP/AUD has completed a triple correction (WXYXZ)-(Flat-ZigZag-Flat) in weekly time frame, also it forming a rising wedge with a strong bearish divergence to the down side.
Bitcoin long term analysis. You can see my whole setup from the all time high. It might be too chaotic and messy to see, sorry for that. But if you know Elliot wave count, I do not think there will be a problem. After the all time high I suppose WXYXZ full correction happened. Before finishing the Z wave $6100 area was holding the price very long time, but when...
AUDJPY looking bearish to challenge the longer term trend line to complete the WXYX... Wait for that Z upside!
Hi Traders! it's over the wxyxz double combo wave of E.W. So the Z wave finished on 161,8 fib. extension level. I think can make some short trade on this pair.
Complex correction pattern. Possible WXYXZ pattern... Long around 2.72 area.