Where done with our 5th bigger elliot wave structure and starting the C correction wave. If the price breaks out of the triangle and breaks the previous high where riding the rest of the elliot wave structure which also completes our C correction wave There are two target profit points which can be taken. Don't forget to put a stoploss:) Entry: 11.83 Stoploss:...
As already posted a year ago, most coins are very tightly coupled and spreading money across them, is just an illusion of risk management. I don't pretend to know much about trading nor analysis, but one could ask him/herself the following question: for such a diverse variety of coins which all try to solve some kind of problem in their own way (and each of them...
Almost completed C leg of BAT pattern. If the pattern continues, might see a nice leg up. In addition might bounce of S1 pivot with a double bottom.
If we look at long term, we can see a pattern here. ETC needs to break above 19 with nice daily close - not just break through and retrace bellow it. Also starting point from where it breaks is important - we are looking for starting point as close to 19 as possible. In the past it tried and failed twice (marked in red) - there was just break and then close...
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!