This is our £100-£20,000 challenge results so far and as you can see we have been flying this week returning 52% of the initial starting balance ( £100 )
If you want to check this out for yourself we can provide proof of results.
It is not too late to get involved either, just message me if you are interested.
Alternative to yesterdays bearish scenario, watching for the bounce off 200ma 4h which we got, so now watching for invalidation of bullish run. If we drop below 7450 i will revert to yesterdays bearish chart to watch for validation/invalidations at each wave point
Elliot Waves are pretty distinct and almost to easy to read which makes one think if it can be true. Nevertheless we can clearly see the very strong trend of 5 impulse waves up on the left followed by also clearly obvious Expanded Flat correction 3-3-5 (abc, abc, 12345 blue waves on the chart).
Additionally after a very strong impulse cycle correction usually is...
BITCOIN is back to Bullish Channel , a rise to 8300 is expected within the next few days.
Possible resistance level: 8300, 8600, 8800.
Support level is lifted from 7500 zone to 7900 zone, as charting, the green zone, which may be retested after being rejected by the upper resistance.
BTCUSD , XBTUSD , BTCUSDT
Signals given by 9 Seasons Rainbow...
Divergence is one of the best technical analysis theories. Although not 100%, a very high probability of profitability is well known.
This idea lists most of the instances of divergence on BTCUSD (Coinbase) since $19892 summit of December 2017 on 2H interval.
9 Seasons Rainbow Multiple Time Frames Pattern PRO
Base Time Frame: 2H,...
LTC LITECOIN has been one of the leaders among this bullish run of 2019.
This idea reviews the trading opportunities of LTCUSD since January 2019 according to signals given by "9 Seasons Rainbow Multiple Time Frames Pattern" Indicator.
Symbol: Kraken: LTCUSD
Ribbons of time frames: 15m - 11H
Red Arrows Down: Short Trade
Green Arrows Up: Long Trade
Why do Cryptocurrency World still rely on USD as a value measurement?
1 Bitcoin == 1 Bitcoin is what we are looking forward, isn't it?
As human being, members of the society, we need to pay rent, food, all kinds of products and services and love, which are essential to make a living. Because, Bitcoin and Crypto are not accepted by the traditional society for...
However, the ascending track may still be in effect. Yesterday's correction was a 2x ATR correction with 1xATR fractal in my analysis. This may be technically suitable for building a further rise. Alternatively, it may be suitable for constructing the 5th fractal discussed in the previous analyzes.
But the ascent track is not. Similar to the bitcoin movement, two fractals can be identified here. Currently, the second fractal is under construction. The analysis shows that each of its correction parameters follows. Therefore, we can assume that the rising wave structure will be similar to the previous fractal. Now I'm trading this.
What Halving means?
Halving is a term common among cryptocurrency miners – the process sees the reduction of mining rewards of cryptocurrencies slashed by 50%.
The halving is the event, the moment when the mining reward is divided by 2, is commonly called "halving". Other denominations are used: "reward drop", "reward halving", or simply "the halving" or "the...
The previous analysis of the exchange rate followed the first wave, followed by a downward turn. Indication that the additional wave structure is not being met. Therefore, if we look at the wave structure that has been carried out so far, it becomes apparent that the fractal 1 is moving in the structure of the track. It is therefore advisable to trade this...