eliliving

eliliving

Notice how these descending wedges are getting smaller and smaller and on the MACD we're right at the apex. Get ready for a big boom after this week.

eliliving

The big picture is the bull flag that's being formed. Inside the bull flag we're on our way to wave D. This triangle pattern formed with the elliott triangle wave breakout is confirmation that we are heading for that wave D. Looks like everything should be in the green! Until we hit that major resistance!!! If price rebounds off resistance I see BTC reaching...

eliliving

I had to recalibrate and re-do my support lines since Bitcoin broke through support this morning. It's looking more like a descending wedge now with the apex nearing a strong support area around $8,500-$7,500. I don't think Bitcoin is finished correcting itself. With it's positive run and parabolic increase, it NEEDS this correction to reach higher highs and...

eliliving

After a five count impulse wave, there is always an ABC correction. This correction can go as low as $0.85-$0.90. Before climbing back up and reaching higher waves.

eliliving

Write in the comments about what you feel about this.

eliliving

IOTA has been stuck in this channel for about a month. Price is creeping up closer to a strong support level . Looking for price to hit the support line one last time before surging upwards and breaking through resistance.

eliliving Updated 

IOTA has been stuck in this channel for about a month. Price is creeping up closer to a strong support level. Looking for price to hit the support line one last time before surging upwards and breaking through resistance.

eliliving

Price has broke out of the triangular formation that was formed. The Elliott Triangle Wave (ABCDE) played quite beautifully with this one. Looking for a five count impulse wave upwards to higher highs.

eliliving Updated 

Stellar Lumens is forming what looks like to be a rising wedge. If you read in my last published idea, rising wedges are strong bearish indicators. So I wouldn't be surprised if we see price drop in the near future.

eliliving Updated 

After bouncing off of major support, breaking out of the apex, and retesting support... Reddcoin is looking strong!

eliliving Updated 

Descending Wedge formed and we're at the bottom of the apex around a really strong support level! MACD shows we are over sold and looks like the elliot wave triangle is complete as well. All signs show for this to be BULLISH!

eliliving

Ripple bounced beautifully off support after reaching the apex of the descending wedge. Elliot waves have completed and MACD shows that price is in the over sold sector. Look long boys, look long. Do yourself a favor a purchase more XRP. Potential rumors about this being released on Coinbase..? Did I hear Amazon maybe?!

eliliving Updated 

Elliot wave sequence has been completed in what appears to be a descending wedge, which is a major bullish indicator. Looking to long for this coin.

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Cardano has completed the elliot wave sequence and broke through triangular resistance. Patiently waiting for price to reach the major resistance level above and pierce through!

eliliving Updated 

Most crypto follow the same elliot triangle wave and end up blasting off. Heed my words, this is going to go LONG!

eliliving Updated 

Cardano has been trading in this channel for a couple days. Might stay in the consolidation phase for a little longer, but in my eyes Cardano is looking BULLISH. My MACD indicator is showcasing that it's actually in the oversold area, so I expect price to break through that resistance level soon!

eliliving

A lovely head and shoulder pattern was formed and looks to be completed. Will price go back up? Is the correction finished? Hmm... maybe it's not over and will continue declining. Is that a head and shoulder pattern I see in another head and shoulder pattern?! Do you see it? Lets talk about it in the comments.

eliliving Updated 

You don't need to agree with where I placed the Elliot Waves, but I believe it is there. If I'm correct, I expect this next price movement upwards to break the previous high into new territory. These cryptos have been making very similar moves with these symmetrical triangles. I use the Elliot Waves for confirmation, which have been spot on so far.