Hi everybody, sorry for not being here for long time. This epidemic effected all of us. Anyway i see this count and trade. $11700 is not too far away i beilieve. There is a good setup for me and i will take it. Invalidation is below $9150. After this WXY finish i wait for a pullback back to $8K regions. We will see... This is not financial advice. Elliot...
I called +$10K for bitcoin while its trading at $8K. You can check it here: Now time to retrace. It's very healthy and normal thing for assets. I am looking for this as LAST CHANCE TO BUY UNDER $10K opportunity. Probably, after this retracement we won't see under $10K bitcoin EVER! (According my elliot count) One scenario ; price will come to $8.4K -...
Chainlink has ATH (All Time High) right now. There is insane Wyckoff pattern as you see on the chart. Link has higher low and rally has started. As 3rd wave of elliot it already pass 1.75 extension and there is no resistance after that. For stayin on the safe side, BTC can go 1.75 extension which is $25200 in this year. (If this pattern plays out) We will...
Hi everybody, altcoins doing well against BTC nowadays and should get benefit from it. LTCBTC has nice setup as you see, just passed all EMA's at daily timeframe and looking for big bounce i believe. My trade setup will be like, Entry: 0.008010 Target: 0.013 (%62) Stop: 0.0072 (%10) R:R: More than 6 Time: Should resolve in 2020 You can also check my...
Hi again, i am in a winning strike right now. I hit this target already in last month: -ETHUSD: From: $160 to $190 and now its $225 -BTCUSD: From $8320 to $9870 -TRXBTC: From 200 sats to 243 -ETHBTC: From 0.0199 to 0.023 ETHBTC and TRXBTC has similar structures from bottom. They are aiming much higher priceses. This analysis aiming that raising awareness of...
ETHBTC has decent accumulation phase more than 3 months. Highly possible it can accumulate more. But Elliot Count show me that there is good R:R trade here. My entry: 0.019979 Stop: 0.016744 (16.1%) Target: 0.034879 (74.77%) R:R: More than 4.6 Trade Duration: Should resolve in 2020 This is not a financial advice. Trade application for elliot wave...
It broke its long term channel and made first impulse and retraced. Good place to be a buyer here. It stayed more than 4 months and consolidate. Maybe 1 or 2 months it CAN go sideways but i need to buy from this areas. My setup like that: Buy: 200 sats Sell: 603 sats Stop: 130 sats Trade time: It should resolve in 2020. (Mid-term trade) R:R (Risk to...
This pitchfork doing his job perfectly. As you see lots of touches at medianline. My count plays perfectly so far. I am waiting one more push to $9700 level. Possible that with fomo we can touch $10K. My trade setup will be like; Entry 1: $8320 Entry 2: $8020 Stop: $7649 (Invalidation level for this count) Target : $9699-$10000 (Depends degree of FOMO) R:R...
ETH has strong bounce 0.5 retracement of last degree of elliot wave. Parallel channel held perfectly. I think 4th wave of correction is over. There is perfect trade for me. Entry: $160 Stop: $153.6 Target: $189 R:R (Risk to reward): More than 4 This is not financial advice. Elliot wave application for how to setup trade. Like, share and follow for more....
First of all, i do some of my analysis for near future to going one step ahead from market. This is one of them. According my analysis and my experience, BTC is real hero in the market. The others are shaping according to BTC. We can see clearly on the chart. Let's start. 9 July 2016: We saw little drop on dominance after halving while BTC is correcting....
Hi everyone. Bitcoin moves in that channel. Bull cycles are getting longer and longer because market is impatient. More people get used to BTC with time. I won't be shock if we see $94000 which i believe. Technical also show that at the chart above. Market need extra 2 Trillion Dollars to get this target with this BTC dominance. All central banks printing...
We saw over 10 days rally on dash. It looks like first wave is over and i am expecting correction to the downside which is healthy. There is triangle formation on B correction. It can be complex correction after C dropdown. (Which is normal also) I will relong at rectangle. Possible to dropdown trough rectangle area next 1-2 weeks. IF this coin is too bullish...
First of all, as you see my around $8500 call is hit perfectly. Here; We hit +$8450 area which is ok for me. I can't find exactly top and bottom of course. I called this area when price is $7450. So $1000 move is clear winner here. Now we will correct this move with TIME. Time is so critical here because i read the orderbooks, nobody actually selling...
It is gonna be quick update for price. Bitcoin has nice local bottoming. Reaction buys at level $6500 levels. Highly chance that $8500 next target. There are a lot of confluence at $8500 levels. Whether this is ABC correction or starting for new impulsive wave, $8500 levels new target. I am already long @$6600 levels. You can check out my previous calls at...
Hello everyone. Today we have new ATH at BTC hashrate. (Which is perfect sign for bulls) ----What is hashrate?---- -In simple words, the number of attempts that the miner makes per second is the hash rate or hash power. When its getting higher, we have the more secure system and the more difficult problem to solve. (Because system has to find one block app. in...
Hello everyone. This analysis all about Hash Ribbons indicator. Big shout-out to capriole_charles who is inventor of this indicator. ---What is Hash Ribbons?--- Hash Ribbons are 2 SMA (Simple Moving Average) Line that generates average of Hash power of BTC. Slower one has 60 SMA - Faster one has 30 SMA When this indicator made golden cross and appear "BUY"...
According my elliot count XAGUSD really responsive elliot wave theory rules. First let's look general view; In this view, W and Y has 1:1 extension exactly. Latest correction of small impulsive wave in 2016, W and Y has 1:0.786 extension which is technical. You can see here; What i am expecting now? In this impulsive wave, i am expecting to this +$21...
Before this analysis, i want to share my analysis the before. I called this local bottom around $6600 levels and bought BTC at this level. BTC is now $7600. It's clear long trade for me. Reasons that i took trade are; -Bullish divergence on RSI and price action, -Horizontal Supports, -Hashrate and difficulty levels (I always check them) -Finally Elliot...