The point of view ... All previous Gaps were always closed!
BTC developing potential 5th Extension Terminal Impulse. All of finished Waves-i / ii / iii have corrective behavior and they are divided into :3 segments structure. This pattern usually occurs in Wave-C. If this scenario is valid, the last 5th Wave would lead us to $4400 mark. This pattern is usually followed by the price decline. In this case it should be...
My plan B - bearish setup if current Bitcoin's pump fails.
My plan A) - bullish setup
Hi Guys, ABC Correction is mostly done and we should make profits soon! Currently XEM is bouncing significant support zone marked by previous low. Also, near is 1000sat price zone which i consider as a strong psychical support. If you look in more detail to Poloniex Order book, you will find a lot of buy walls slightly above 1000sat. Imo, good sign of new...
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Based on current price action, I re-counted my ABCDE Triangle Idea. There is a good chance, that Wave-D hasn't been finished yet. In that case, the Bitcoin will re-test $3300-$3200 before goes significantly upward. If you like my TA, pls. hit that "Like" button, follow me or leave your comments. Thank you!
Hi Guys, As I can see Bitcoin, in more perspective. All informations are mentioned in TA. If you like my TA, please hit that "Like" button, follow me or leave your comments. Thank you!
This is what I'm seeing for bitcoin as a last chance for the bulls. $3250 is an area I'm eyeing to complete current corrective Wave-B and then should Bitcoin should take us above $4000 as a motive Wave-C of current ABC correction. Current pattern looks like Ending Diagonal.
My main bearish idea remains valid. If the trend is to turn, it will be $3300 - $3200 zone. Termination point is $3500 mark.
This Ending diagonal will lead us to $3300-#3200.
Hello Guys, My theory based on EW count - Bitocoin has already finished corrective ABCDE pattern and further downward trend began. First retracement is expected between $3300 - $3200.
Strat is developing ABC-Correction now and it will be followed by the next upward trend. Target 8000sat. If you want to ride this wave: a) Buy now (risky - probably retest 3000sat again) and set up stop loss below mentioned price. b) Wait for 4000sat breakout (more safety). If our target is 8000sat, aprox. 100%, Does it matter if we buy at 3000sat or...
EOS performing potential impulsive Wave-I, but regarding to drop below 78,6% (is not charted) it's Corrective Impulse Wave. If you like my TA, pls. hit that "Like" button, follow me or leave your comments. Thank You!
After the BTC had been rising a several weeks, finally Correction began. Now, it seems that XEM successfully finished Impulsive Wave-I and Zig-Zag ABC-Correction is developt. If you like my TA, pls. hit that "Like" button, leave your comments of follow me. Thank You!
Regarding to final retracement zone, the next price movements can be set up. If you like my TA, please hit that "Like" button, follow me or leave your comments. Thank You!
Based on Elliott Wave Theory...after impulsive Wave-I should be followed by corrective ABC pattern. I expect complex correction now. Now we have to wait for the retracement, how current correction will works, on which basis it will be possible to estimate further price development. If you like my TA, pls. hit that "Like" button, follow me or leave your comments. Thx.
XEM is difficult to predict now. I can see a few possible movements: a) Impulsive Wave-1 with Wave-1 extension = I expect retrace to 1600sats zone. b) Triple ZigZag Correction = retracement to 1900sats zone So, I'm going to wait how XEM manages re-test of 1900sats zone. Then the next price movements will be more clear. Generally, I don't expect...