kelvinn90

kelvinn90 Updated 

USD/MYR possibly on a 5-wave impulse. Expected target to hit at least 4.50

kelvinn90

LinkUsdt is currently in the 4th wave of an impulse (downtrend). This 4th wave is not expected to go more than 50% of wave 3. So i would not expect this 4th wave retracement to hit $2.80 and above. I would expect Link to hit at least $1.50 when it goes into the 5th wave.

kelvinn90

Chainlink currently appears in be in the 4th wave of an impulse. 4th wave corrected close to .38 of wave 3. I assume this correction is going to be a flat before the move up via the 5th wave. Conservative target: $3 to be crossed over soon.

kelvinn90

So BTC had a very huge break to the downside, and its looking like it'll go down further. I've seen a few suggestions from top traders to long around the region of $8,300 but i beg to differ. As we can see, the ADX line is now moving upwards, which means we are transitioning into a trending market, but unfortunately the trend is now downwards. Also the DI- line...

kelvinn90

Btc appears to be forming a bullish pennant on the daily. Pennants are usually continuation patterns & very rarely produce a trend reversal. The move before the pennant formation is in an uptrend, so btc is likely to continue its move upwards if it breaks up above when we reach the apex of the triangle (we're nearly there/possibly already there). Another key...

kelvinn90

A close below the 0.5 fib level in the coming hours will lead to btc finding support on the 0.618 level, which translates to a price around $9,400.