jesuanperez

jesuanperez

One of the most bullish coins of 2019 is coming to the end of wave iii. TP around 17 and expecting a retrace soon.

jesuanperez

Primary count

jesuanperez

BNB seems unstoppable, making higher highs AND higher lows. Currently waiting a retrace to $8.40 to enter a long position.

jesuanperez

This is my alternate elliot wave count, opposed to my main count, where SPX and DJIA are resuming a bullish triangle and currently heading towards new highs to complete the advance of minor and intermediate waves (v) and (5). As Elliot rules dictate, although not common, wave 2 can retrace up to 99 % of prior wave 1, creating a double bottom (double top in bearish...

jesuanperez

Market currently on Minor wave 5. BTCUSD has had a deep and psicologically devastating correction from previous Minor wave 3, everyone is posting a further Bear market towards 5K or even 3K. In my opinion, Minor wave 4 has already been completed and we will see a strong upward Minor wave 5 in action, which also happens to be Wave 3 of the larger trend.

jesuanperez

Bitcoin has rise in v waves from the usd 6001 bottom on Febreaury 6, up to usd 11686, with wave v truncated and not being able to go beyond wave iii. Afterwards, we see a strong zig zag correction. Wave a- down to almost 0,618 Fib. A quick bounce -wave b- back to usd 9990 and finally wave c, which for now, went down to usd 7665. Now we are left with 2...

jesuanperez Updated 

I-II cycle is maybe complete. Waiting for next price movements to confirm ABC correction.

jesuanperez

Gold advanced since 12-12-17 from the 1236 bottom in 5 clear waves, up to 1364. Then it retraced a fibonacci's 0.5 to around 1300 in a double zig-zag (a-b-c-X-a-b-c-). Next wave 3 should carry gold to ideally 1512, or at least 1432, but it should first break the strong resistance of 1340 and afterwards the 1360 zone.

jesuanperez

This is my best interpretation for now. I consider we've seen the top at nearly 26,600, completing wave 5-(v)-v advance from the year 2009 low. From 26,600 I can count 5 waves down to 23,350 -wave (i)-. The next few days market rebounded to 25,805 as a countertrend move - wave (ii)-. If we consider that the next impulse wave (iii) have started at 25,805, price...

jesuanperez

Currently on wave 3 of (3) of III. Could unfold to 18.445 (2.618 fib) or even 26.426 (4.236 fib).

jesuanperez

Possibility 1: The DJIA ended wave B and started wave C down to 21,900 - 21,600 (triangle or flat correction, respectively). A decline below 22,200 in the coming day or two should favor these bearish scenario. Possibility 2: The DJIA already started wave (iii) of minor wave (5) towards new highs. A rise above 22,420 should be a buy sign. Waiting for further confirmations.

jesuanperez

5 waves up close to finish the bull market started in 2009. Minor wave 5 could go as high as 23000 points. Wait for five waves down to confirm wave A, but only trade wave B and C.

jesuanperez

Reaching all-time highs, we are close to finish wave (5) (intermediate). Very probable bearish scenario ahead. Waiting for five waves down to confirm it.

jesuanperez

Reaching all-time highs, we are close to finish wave (5) (intermediate) and wave V (cycle). Very probable bearish scenario ahead. Waiting for five waves down to confirm it.

jesuanperez

With A-B-C correction finished, I think we are going to see new highs for BTC in the next days. Currently on wave 3.