minthooka

minthooka

Litecoin looking likes its about to consolidate. Heavy support at 100000. These cryptos are just in a panic mode for the week, but long term still says buy. Lets short this down to 100000 then we can see whats going on. All time frames except 4hour show bears.

minthooka

I'd stay away from this. Too many mixed signals on all time frames. Stoch shows continuing downside. Daily still needs to retest the ichimoku cloud. However..... This will continue to rally up. Let the sellers panic and then I would wait for a retracement around 2200. Once the indicators confirm upside, then continue the uptrend.

minthooka

I love the nice crossover on the daily stoch. Looks like it is bouncing of the support and potential ABCD and third wave of the elliot. On the 1 and 2 hour we see it broke the ichimoku cloud for further upside. Also showing a horizontal resistance at around 18.5ish. I'm long. Who's with me?

minthooka

Nice crossover on the daily stoch. Also we have been forming lower lows and lower highs. The icho clouds had a nice break and retest on the daily. (not shown) Potential 5 wave elliot and an ABCD which both project downwards towards the same area. Follow the trend till it bends. I use these 5 wave elliot's because it follows the trend with minimal RR ratios. ...

minthooka

This looks as good as gold. On the daily we have a nice crossover on the RSI Stoch while it was in "oversold" territory. A beautiful rejection from the daily support. A clean break and even retest from the clouds. We have a valid ABCD pattern and a promising 5 wave elliot that seem to reach the same potential price for gold. Will buy now before a breakout and hold.

minthooka Updated 

Chart is pretty self explanatory. 1 hour has a clean break and retest of both the trend line and cloud. Nice crossover on the stoch. Looks like an elliot will form. My general idea is to TP at 1.618 of first wave and TP at end of wave 5. Wave 5 generally is as long as the first wave. Good RR ratio here. You can hold longer than my TP because these crypto...

minthooka

This has a lot of potential. Lets just follow the trend until it bends and use the elliot retraces as where to enter and exit. Ideas and thoughts are always welcome.

minthooka

On the daily we see a break and retest of the resistance. Looks like the bears are running out of steam and showing slight divergence on the RSI. This could be the beginning of the third wave. Long term can add up to 3000 pips on the elliot wave. It's already reached a record low and the higher highs and higher lows have kicked in. BUY!

minthooka

RSI showing some divergence and this pair repeatedly has been following this 5 wave elliot. Short term trade only. Chart shows my TP1 and TP2 with miniscule stop loss! RR is 2 and 2.5.

minthooka

Looks like its making lower highs and lower lows. Looking for the final wave down before a corrective structure. R:R ratio is good and this has potential. Also peaked at a nice resistance and we see some divergence on the RSI and a nice crossover on the Stoch.

minthooka Updated 

NZD/USD looks short for multiple reasons. Besides seeing significant strength in the USD the next two weeks, it looks like this has ran out of steam. Nice rejection of the resistance on the daily with beautiful rejection wicks. Formed a lower high and a lower low on the 4 hour. also broke the support on the 4 hour so we might be on our third wave down which...