Mtn-Dew

Mtn-Dew

I expect bitcoin to bounce to 63.5k, in which case I will short it to 57.8k with a stop loss around the April Highs

Mtn-Dew

Wondering why we haven't had a pull back recently? This is because we are within the third, of a third, of a third wave. This is the most bullish part of any Elliot count. Don't stand in front of a bull or you'll get the horns. Predicting targets for highs is nearly impossible, as we have already exceeded most common Fib extension targets. Always zoom out,...

Mtn-Dew

Just an interesting ratio to watch, I saved a lot by moving from LTC to XMR by watching this. Possibly time to very slowly start moving back to LTC. Keep in mind XMR has a much lower circulating supply, so this ratio could get much lower.

Mtn-Dew

Every time silver has hit one of these 1:1 time extensions it has reversed the current trend it is in for a minimum of nearly a month. What will happen on this next extension? It is dated June 26 so we have time to prepare.

Mtn-Dew

yeah

Mtn-Dew

I believe we have just completed the 3rd of a 3rd of a C wave on Bitcoin. It is looking like a typical zig-zag correction before a further 5th wave downward in late January/early Febuary. I do not believe this C wave will reach the expected 1:1 extension of the first bounce so I will be taking profits at the .618 and the .786, which happen to be very close to...

Mtn-Dew

I believe we are currently in the 4th wave of a 3rd, of a 3rd of an A wave on the cycle level. (depending on what you label as cycle) I have thrown a time based fib extension to give us a rough time frame of when these market moves could happen.

Mtn-Dew

A of an ABC correction is in. most likely there will be a final push to new lows in January or spring of next year.

Mtn-Dew

A possible Elliot Count That will put the low sometime in March or April of 2019. This bounce around 3240 was very easily predicted based on diverging RSI and the -.236 of one of the major market moves. I expect the trend to test 5600-5800 before finally finding its new low around 2600. Of course there are other valid counts, I just see this as the most likely....

Mtn-Dew

This recent bounce has been playing perfectly like an ABC correction. The C wave will soon hit 100% of the first, which lines up with the top of the 4 wave on the way down. ~6510-6520. The RSI is also very high on the one hour, and could easily bearishly diverge on a 5th wave upward. I expect the next large stopping point is 51-5200.

Mtn-Dew

It would appear BTC has completed a full 33333 expanding triangle on the one hour chart. Be ready to play the breakout, in either direction. The market is due for a move! If the move is down I expect a low at $5200.

Mtn-Dew

The last 2 moves have ended at the .786 extension of the prior move in their direction. If this trend continues we will see a false breakout below the descending triangle before a large market turn around to the upside. ~$5200 is the target.

Mtn-Dew

XLM's partnership with IBM has been proving to propel this coin to the front of wall street's attention. If bitcoin turns around before we break south of this triangle, technicals point to atleast .00008 BTC/XLM

Mtn-Dew

RSI bullishly diverging from the candles. VeChain is about to bounce!!!

Mtn-Dew

RSI daily well above 70, approaching the 200 day EMA, and likely on the 5th wave of an impulse. I am starting to move back to usd, and will look to buy back around 7300-6800

Mtn-Dew

Simple analysis of the elliot count and the 21/55 EMA.

Mtn-Dew

Simple Elliot theory tells us to aim for the 1.618 on wave 3. This lines up perfectly with past resistance. Retracements are likely to bounce off the .382 along with the 55 EMA looking to support around the same region. This isn't rocket science. It's just fundamentals.

Mtn-Dew

Clearly entering the 3rd wave of an elliot pattern. Here I determine the Likely fail points based on both fib extensions and previous resistance levels. I would watch the orders closely just past 200, but hold as much as possible for 215-218.