What we are looking at here is the completion of a BAT pattern which could be the C of a much larger Butterfly patter (mentioned towards end of video). If BAT plays out to expected levels we have a very attractive R:R and if it becomes C of the Butterfly then we are looking at 200+% returns. I will update as price gets closer to entry :D
Start long position, price may up from here. Increase volume expected.
For some reasons, seems like Callisto (CLO) imminent fork/pseudo-airdrop didn't pump the Ethereum Classic (ETC) as I initially expected. Opposite, actually. Somehow, this is totally biassed since currently, no crypto-currency/token seems to be able to live really independently from Bitcoin (XBT/BTC), which invalidates any kind of fundamental analysis that is not...
last big ABCDE down pattern to the actual ABCDE pattern and also some options for wave 3 and a tripple ABC down trend, depending on the btc movement.
ABC of Gartley looks very good. Now price is heading down towards D assuming it gets there 78.6 will be completion of pattern and it will be time to get long.
As a newbie here i am trying to understand the corelletion between a major Index and how cryptos trend to, i cannot analyse this (yet) but will use all tools here to discover trends and try to follow this ever changing market with something that can attribute to its movement. i have a long position in XRP at 0.5 And ofcourse take in mind all Major indexes are...
Hi all, It's just an idea! Seems it's the same with zig-zag pattern. elliottwave-forecast.com From my point of view soon the correction it's done and we go for the second wave . Please feel free to write what you think. Thanks! Good thoughts!
Wait for breakout, set stop-loss, enjoy :) Follow for updates. §JS
very similar uptrend pattern to the bigdown trend especialy up1 of upwave 1 to the start of up1 of upwave 2 + previos corection and also a similar possible down trend version to the previos big ABCDE down trend. Big decision time based on btc, to be honest it could go eather way but I like the uptrend more, have a nice day.
Seems like we are still on track… Not sure my ABC is valid. Any criticism about my (very) basic analysis is welcomed.
I know there is a strong dependance to ETH and XBT but, the Callisto (CLO) fork/pseudo-airdrop looks legit and, seems like usually, before a legit fork, alts price is pushed up more independently… Any thought? Does 45 EUR /55 USD seems a reasonable target?
ETC is entering wave 5 which will most likely make a push towards the +/- 33 EUR resustance zone, as this is a major fib cluster