llywellyn

llywellyn Updated 

This is how I see Bitcoin working out from now until the next all-time high. Let me walk you through it. The 2013/14/15 fractal is proving to be a reliable road map for what's happening now, both in terms of Bitcoin's parabolic rise & now fall. For the sake of simplicity I'm labeling the primary corrective structure ABC. It is undoubtedly more complex than that &...

llywellyn Updated 

We now have more data than a few days ago & this is the probable path at this point for this set of impulses. It seems we're in the process of forming a wave 4 triangle that matches well with the fractal from April. Looking for a break out of it up & possible push to 9k if bulls get some momentum before a sharper retracement & the final 5th wave.

llywellyn

it looks like we are getting ready to put in the 5th & final wave of this move up. If history repeats itself, what follows will not be pretty. Of course it would be more fun if it just moons right now, but barring some significant fundamental news (ETF?), I have a hard time seeing this as the start of a major rally to a new ATH. Rather, I think it's more likely...

llywellyn Updated 

The last fractal worked pretty well right up until it broke out. I thought it had just broken away but after looking at the chart again, there is a better fitting fractal for now. Thanks to that massive fomo wave we'll probably get a deep pullback now. be on the lookout!

llywellyn Updated 

Accidentally posted this as an XBTUSD chart a few days ago so here is BTCUSD. This fractal has been reliably predicting price moves since the current bullish impulse began so I'lll be watching to see if this continues.

llywellyn

Continuation. Let's do this bulls. GO GET IT.

llywellyn Updated 

So far so good. Keep an eye on it!

llywellyn Updated 

For this last impulse move down, the fractal I was following played out perfectly (blue). This is the continuation should it continue to follow the pattern. So far it seems to be but we will know more as a few more moves unfold.

llywellyn

It's not the most beautiful wave but what 1st wave is? Given what's transpired the last 24-48 hours, I'm starting to like this count. Let's see how the rest of this plays out - still plenty of resistance but bulls are giving more than they're taking so far. If this persists we will see a breakout shortly. A big move is coming for Bitcoin...you can feel it, yeah?...

llywellyn

Current count including short term price speculation. Going with it until I see evidence to the contrary.

llywellyn Updated 

This is a continuation of my previous idea which was given to me by the Bitcoin God in a vision, so you know it's good. I cleaned up the chart & used the bars pattern tools to overlay the small fractal over the larger pattern. Given the fact that the original fractal formed in only 10 days vs going on 130 days or so for this larger correction, it fits remarkably...

llywellyn

The NEO chart is setting up for an impressive year should Bitcoin turn the corner in the next few weeks. In 2017 it burst onto the scene & showed big gains & big potential. With wave 2 looking like it's nearly complete, wave 3 could be an extremely strong wave if the crypto markets start a bull run - which I believe is coming soon - with short term targets this...

llywellyn Updated 

*Check out my new video with more detail on this analysis - also plz gimme a like & follow! www.youtube.com Yesterday the Bitcoin God came to me. I was doing my usual TA & was considering our current pattern. Consensus is we're in a symmetrical triangle & on the surface it seems so, but there are a few issues I've been wrestling with - specifically: Waves in...

llywellyn

Here's my current OMGUSD Elliott Wave count. It's possible OMG could wrap this thing up & get back at it shortly.

llywellyn

I always like to have a few swing positions going even though I mostly day trade. There a couple promising BTC Binance pairings I'm interested in at the moment & Storj is one of them. The chart is showing bullish divergence vs BTC up to the 4 hour chart. This is a good spot to start opening long positions, catch this bounce & pick up some profit vs BTC. Happy trading!

llywellyn Updated 

Some people say I don't chart BTC pairs often enough. WHAT'S UP NOW HATERS?? Cindicator is showing some bullish divergence on the 2hr chart & is forming into a falling wedge. Probably see another touch lower before it breaks out, but this is a good swing trade candidate to gain some profits vs BTC in the short term. Hit it & quit it!

llywellyn

Ripple is showing clear bullish divergence on the one hour chart. This is a good spot to start scaling into a a short term long trade & play the bounce.

llywellyn

Oscillators are bearishly diverging on the 12hr & daily charts. We are likely starting a pullback. Watch the channel boundary - price breaking below will confirm that we are correcting from this recent impulse move.