Wesley_M

Wesley_M

Elliot Wave Analysis applied to BTC Market Cap Dominance. Waves I and II have been completed. In my count Wave III has not completed its 5th leg up yet. If we get to the 1.618 fib extension of Wave I to II and market dominance level gets rejected at this point, we will probably enter Wave IV, which could lead all the way down to the green trendline. Playtime for...

Wesley_M

CannabisCoin just broke out of a falling wedge pattern. Profit targets in USD at 1.618 and 2.618 fib extensions.

Wesley_M Updated 

Elliot Wave minor degree Zig Zag forming. '$ 11.446 level is key. If this level gets broken than we could head for the '$ 8.000 range sooner than most of us expected. We will find out soon enough! I'm sorry guys. I don't want this to happen either. However this inevitable correction is far due date.

Wesley_M

Elliot wave classic A, B, C retracement for Reddcoin. For rebuy levels look for the fib retracement of the following levels: 0.618 0.786 If you followed our last Technical Analysis on RDD you are enjoying some real nice profits by now! Be prepared and trade smart!

Wesley_M

'Reddcoin RDD finally woke up! If you acted on our Technical Analysis of november 20th you made some real nice gains by now. Fib extensions on the RDDUSD chart can be taken as guidelines for profit taking. Reduce risk, stick to your plan and don't let greed get the hold of you. Hard to tell what is possible. If the RDDBTC chart is still representative than we...

Wesley_M Updated 

Our last post on BTCUSD seems to have been spot on! Bitcoin BTC USB on the 30 min chart shows a nice A-E contracting triangle pattern. If the pattern gets fullfilled then we might be heading to the 22K sooner than expected! Be prepared and trade smart!

Wesley_M Updated 

'Stratis shows a corrective pattern called a contracting triangle, which indicates a possible end to the 2nd wave correction. Ready for some fireworks!!

Wesley_M Updated 

Today we broke major resistance at the 18K level. 'BTC is still going strong! We're heading for the 19.800 ATH soon! Elliot Wave count: Primary: 5th Intermediate: 3rd Minor: 5th (target 22.000) Minute: 3rd (target 19.800)

Wesley_M Updated 

'XRP 'Ripple USD Chart Elliot Wave analysis. 2nd wave correction seems to finish soon. It made a nice A-E contracting elliot wave triangle. Target at 1.618 fib extension.

Wesley_M Updated 

'Golem might be breaking out of a long term corrective pattern. We could see another retracement back into the triangle. If so than we might be in for some long awaited gains!

Wesley_M Updated 

Reddcoin might give us a nice opportunity to a 5 or 6X move in the near future. After a deep 2nd wave correction we are ready for some real action in the 3rd impulse wave. 3rd waves are common to have the biggest movements so hold on tight!

Wesley_M Updated 

On the 1D chart my first profit target mid term will be around the 1.0 fib extensions. Going to sell a part around '$ 0.77. Good luck!

Wesley_M Updated 

'XLM | 'STR shows some potentially upward movement to 1.618 fib extension of the 1st impulse wave. It has a nice overlap with the 2.618 extension of wave 1 of 3 in terms of Elliot Wave analysis.

Wesley_M

'FTC going strong! A lot of volume came in thanks to the expected rise in price. It took a little longer than we hoped but oh boy we made some nice profits so far. 'FTC still shows no real signs of exhaustion on the 1.618 fib extension.

Wesley_M

FTC Feathercoin shows some nice volume. Looking at FIB extensions we might see even higher prices.

Wesley_M

The 1st wave of this Impulse Wave at Primary Degree has retraced to the 0.786 Fibonacci level. The 2nd wave being a corrective pattern that could turn out to be a double three combination. Let's see where this 3rd wave will bring us.