Bitcoin is set up for a clear path to 10,000 USD. I have changed my wave count and I feel we have completed a massive 3rd wave extension , I would call it parabolic. We have broken the daily LOG resistance trend with force and after a year of resistance its now sitting in support of the 6800 test. A possible candle is forming and a bullish flag... We will...
Looking at BTC on longer time frames now. The 3 D AY is holding the $7000 support where it broke through the LOG parabolic trend. If we can hold that on the weekly I think the 7k Price is support that should hold. Passing through he disbelief stage the 8k test is a big price point. I would expect bounces b between 7k and 8k for a while so accumulate as close to 7...
The ADA chart is a great example off how TA is used and why it is important to get entries and exits that are not based. on FOMO/Panic/News etc.. This is simply how markets work, taking some profits in your trade is very very important. A full retrace to original entry. Take profits, store some coin for later and trade again. All coins move in the same market cycles
The BITCOIN REPORT The below forms simply my opinion and is not meant to be financial advice. A lot of bullish signs for BTC since a bottom of around $3300 finishing the week around the $5800 Mark. C oinbase and Bitfinex charts are very different. Bitfinex has broken our LOG Top resistance line turning resistance into support. Coming at the end of wave 5 so will...
BTC Has completed an extended 3rd wave as we retest the $5000. Things are looking good for a push to $6000 if a 5th wave plays out. Many ALTS have played the 5 waves so thats a good sign for BTC to also play out the 5th wave. Looking for a 4th wave retrace to $4800/$4700 where i would expect an accumulation to push that 5th wave. Right now we have hit the red...
We mapped out the bigger play for NEO and just hit our 3rd wave. Well done
BTC Has completed the 5 waves that we mapped out from back in December. This is why we map out the larger cycles for a longer term plays, taking our profits along the way and rentering where suitable. Right now the RSI is way over bought. The completion of the wave 5 waves usually results in an ABC retrace, a suitable retrace would be the 200 EMA around the...
$$$ ADA TRADE GREAT PROFITS $$$ ADA Trade playing out perfectly accumulating entries sub 1100 Sats. Locked in 13% profits and now looking for the 5th wave target before a retrace. For those new to Crypto trading, this is a basic Elliot wave theory that we use to map the possible road map of a trade and we use Fib points, previous points of interest and a few other...
STEEM is a coin i have traded successfully over the years. I see a bigger cycle playing out and a good chance to make some profits over a longer play. Right now is not the time to buy however ill be looking for a pullback to get an entry and let the full cycle play out. If no pull pack ill look for the 4the wave retrace and look for a 5th wave entry. One to watch
LTC is completing its 5th wave of this cycle. For this that Tok the advice to enter LTC around the $30 mark, I. would be looking to be gradually taking out my profits between $52 and $59 as we approach the $60 test. This could be a great place to place a trailing stop if y our exchange allows, otherwise I would be raising my stop loss just below the $50 mark. My...
ADA Looking totally over sold. Once it broke down through the current trend it broke quite hard. I would be looking at double bottom bounce entries in the green zone
#BTC- Broke our falling wedge and the minute it did it took off. Playing out a perfect wave set, i would look to take profits around the $4200 if your in the trade. The run saw the ALTS go with out and we hit targets on all our ETH, LTC,EOS,DASH.. Great week for profits
#BTC Still not a buy for me. Holding support nice on the 6 and 12 hr EMA arond the $3532 Mark but resistance at $3658. I want a break of support down to $3200/$3000 OR i need confirmation breaking the EMA Daily and holding support. WATCHING
I was sitting min the LTC trade for a few weeks accumulating between $30 and $33 USD. Target $42 which was hit. We are currently in the 3rd wave of a bigger wave set and the smaller wave set completed its 3rd wave. I would expect a retest of the $40 which could be a good place to improve position looking for the 5th wave and $50 test which falls in line with the...
#btc Finding resistance at the Daily EMA as expected. Need to confirm a few points of interest before accepting a continuation in this 3rd wave of a bigger cycle. Daily needs to get above the 50 EMA and hold, continue on this new trend. RSI on the longer time frames is now holding as support, however this has happened a few times recently and failed each time. If...
Im currently staying out of bitcoin as i think we will shortly see the dramatic fall to the sub 3k Levels. We ' MAY' retest the $4000 zone but i wouldn't expect it to push through here right now. Taking a look at the bigger picture the 200 EMA has fallen fast and easy through all time frames and all EMA on the 200 is now resistance, even on the weekly.. WAY...
We mapped out our entry for OMG in the green ZONE a few days ago and we hit it perfect accumulating buys in this area.
ETH Made a great run and we cashed in profits on a trade from $132 entry to $160 Exits. The $120 retest in confluence with a perfect double bottom made the $120 mark a great entry. However, we need to be careful here on FOMO as we completed a really nice 5 wave set/ Huge possibility of an ABC correction here with this current pump being the "B " I would tread...