MM-Charts

MM-Charts

The target mentioned in a prior post from May 2020 (see related idea) remains unchanged. I get it, economy dead, dollar steaming ahead, stocks going to zero, banks bust, war, food shortages... Why would altcoins do well here? I don't have the answers unfortunately. However, looking at this chart in isolation shows potential for one last push higher towards the...

MM-Charts

Hmm, not gonna be making that call but: - Check out the planned target below -always aimed for 20k. - I won't be getting pretty and sensitive over a couple a K. - Current range looks terrible, making me think it be breaking up rather than down . - EW "technicians" Wykoff "Traders", MA & EMA "Catchers" bewildered. It's all crap, don't fall for it. - If you want...

MM-Charts

It's important to be early to a trade. There's many traders out there that I respect, however, great traders are often late to trades. Great traders await confirmation, look for tests and retests. You won't be gettin any of that crap in this post! With that in mind, you'll most likely lose money if you even attempt to follow. Don't do that. - BTC.D has failed to...

MM-Charts

Always been fond of ATOM. Made the mistake of Selling for JASMY.. literally at the minute it pumped. I'm sure you've all been there. *DISCLOSURE I don't own ATOM, I sold it for JASMY. That makes this analysis somewhat unbiased. - Expecting the recent highs to be taken out. - I watch BTC.D religiously, which has completed a swing failure pattern. - Therefore,...

MM-Charts

If the title was unclear here's a brief description of the term "Haymaker": The name is derived from the motion, which mimics the action of manually cutting hay by swinging a scythe. The haymaker is considered an imperfect/impure punch, as the angle of approach is unsupported by the remainder of the forearm. However unorthodox it be, powerful and finishing is...

MM-Charts

Direction on BTC is a challenge. However, the big hairy bear seems more likely. One cannot be certain and must not rule out the potential for BTC to surprise! USDT.D has offered mitigation of the bullish bias for me. It's right at resistance sure, but it's posted seven prior monthly candles here. No doubt it's knocking on this ceiling with experienced knuckles,...

MM-Charts

This is a follow-up from an earlier published idea in June 2021. The expectation was down, however, TEL doesn't look like it has finished correcting here. My expectation is further downside resulting in more pain for late bulls. Before getting into why, note that this analysis could be completely wrong. I'd be happy if that's the case. Don't take actions based...

MM-Charts

It's been a tough market to judge since the May 2021 top, no doubt about it! There's many scenarios on the table, regardless of your preferred discipline. With this idea, I'll simply highlight my current thoughts. However, let it be clear that this is the preferred scenario only by a smidge. Honestly, I just like pretty much 99.9% of others, have no idea what's...

MM-Charts Updated 

This sell off may appear brutal, but relative to the length of the third, it's not even met the 50%. Typically, the A of a triangle will be sharp and if this analysis is proven correct in time, we should continue sideways for a few months until a breakout of this range and continuation of trend. Therefore, Haven seems to be a pretty good buy at these levels. Of...

MM-Charts Updated 

I have no idea how far Verge could go, the Bitcoin bull needs to remain in-tact at least. If it does remain in-tact, then using previous impulses and corrections could give some indication of where price could go. This isn't a prediction in price, rather an idea to shed some light on its potential using previous cycle times. - Impulse 1 - Correction of impulse 1...

MM-Charts

CRV looks to have been accumulating in this range for a year. .23 of the range holding price nicely in recent months. Currently consolidating mid-range, which explains the recent rejection on shorter timeframe. Looking for a break of this half-way point and a run to the top of the range. On this third run, I'll be looking for a break and consolidation above,...

MM-Charts Updated 

HBAR has been rangebound for 2 years. Nice action between top and bottom and has been consolidating nicely mid-range with low volatility. Expectation is an imminent breakout of the range and a decent trip North. Target on the chart. Note: This is guess work at best, not analysis and therefore should not be considered advice to buy.

MM-Charts Updated 

This is just an attempt to understand where BTS could be in the trend against BTC. The reason for the attempt is because BTS against USD looks a lot clearer. I have seen some ideas against the USD pair that I agree with in terms of price targets. I don't think $20 - $50 is unreasonable just by looking at the chart, not considering any fundamentals. However, BTS...

MM-Charts Updated 

Typically would not expect a bounce from the lowest point of a correction to break the 61% if this was a B wave of a zig-zag. In BTCs case, it broke through and is currently consolidating just under on LTF. Highlighted earlier corrections for reference. The potential for zig-zag, where the breakdown from 65K to 29K is the A, we're in a B wave now & will be going...

MM-Charts

Taking a look at expected bottoming time for BTC.D I'm concluding the following: 1. Still expecting large A-B-C or W-X-Y, call it what you like. See initial published idea from late 2019. 2. Using time pivot of the first serious breakdown in dominance of July 2016. 3. Initial impulse A ran to Jan 2018 with corrective B running at twice the length of A up until...

MM-Charts

136 is a key level to watch. Must remain above to keep hopes of a moon mission alive. IF support holds, interim target of 12 satsumas expected. Will reassess if/when reached. **No idea what happens here, hoping for the best. Not advice to buy or sell. Good luck out there!

MM-Charts Updated 

I've seen multiple counts that I'm not a fan of. Here is the one I am a fan of and the reasons why: 1. This correction started in February 2021 with a flat finishing in April. A is a one-one of C. I like this better than a wave one of the beginning of a C. If this leg down was a C, I believe it has lost all proportionality with the prior correction. 2. We have...

MM-Charts

This post is intended for educational purposes only. SCUSD is one of the better Elliot Wave examples I've seen and in my opinion a good use case for the theory. The aim of the post is to share some basic notable points to look for when trying to establish likely scenarios or just review what has happened in a previous impulse and subsequent correction(s)....