DonjonCapital

DonjonCapital Updated 

Possible long term wave counts. I'm pretty bad at Elliot , I don't know all of the rules, so feel free to correct me! Magic Fibo Target @ 1.25473..

DonjonCapital Updated 

I'm not totally confident on this, but it definitely could.. I don't see why not? I mostly shared because I enjoyed making it, and I enjoyed the aesthetics. But, it's something to think about. Happy trading!

DonjonCapital Updated 

Lots of confluence of support and resistance at approximately $8388 on 8/08 at about 12 UTC. These 'energy points', or confluence, can be a strong attraction for price action. I've been watching them for a little while, and they fascinate me.. I've seen price action do some pretty impressive stuff to hit these pitchfork points.. I am very curious to see if...

DonjonCapital Updated 

I've had a lot of success trading these 'magic fibo' numbers. IF the price comes up to test the 61.8% retracement (~129.895) of recent down move, test it, fails to break through, reverses, we have a pretty, pretty good look here to make a high probability swing trade down. We are looking to IDEALLY take profit at ~127.337.. I felt that volume profile was...

DonjonCapital Updated 

If ETHUSD drops down out of this bear flag, taps the 61.8%, and reverses bullish... We have another Magic Fibo Target! I nailed my last two magic fibo calls.. 400+ pips in profit! This pattern also implies we have a nice bottom in. Might hold for a long ride up! Will need to do further analysis to figure that out. Shout out to Stever Gregor...

DonjonCapital Updated 

Another 'Magic Fibo' level hit, and therefore a profit target. But.. $4900?! Sucks. This is the first bearish TA I think I've ever done on BTC, myself. We'll have to see! There should be some fierce support around $6460, the 61.8% retrace and volume profile POC. IF BTC drops about this low, I'm buying a bunch, I know that.. I was late into this trade, so I'll...