roaken

roaken

Counting these waves, and seeing bearish signs as we crush through support lines and dip below $6450, creating a new lower low than previous dip. BTC 5.33% must retrace back to support levels around $5k before we can break back to a bull market.

roaken Updated 

This graph represents a parabolic growth pattern of BTC if it continues at it's growth rate over the past 6 years. The concept here is that every time it finds new highs it falls back to level on the fork channel that's one step above the previous market cycle, thus keeping BTC parabolic. This chart shows BTC functioning under an Elliot Impulse wave pattern. If...

roaken

OMG broke through the downward resistance point this evening, which also matched a reverse FIB level .236 I ran a trend based FIB extension on the current spike and found a 1:1 extension at .001658 for sell order. Expecting this trend to continue, but will need more details before elaborating.

roaken Updated 

PPT just finishing an ABC correction. With this much new volume I'm expecting an easy 1:1 FIB extension over the next couple days, could go as high as 1.618 or 2.618 as there is so much volume pressure in this coin that has not yet revealed itself in price. Doubt we'll see a full 1:1 retracement as .782 FIB level seems to be holding up. PPTBTC Binance 1 hour chart

roaken

BTC looks to be finishing up this last little market structure. It looks like the $8200 .5 Fib level didn't hold up barely, so I've moved my levels to .618, which based on the market reaction to .5 will make the .618 level be even more reactive. Looking forward to big green candles soon! ( 4hr candles )

roaken Updated 

This chart is bias towards a bull market correction. I believe we're in a #BullMarket now since breaking the downward trend line from BTC 20k, and thus I assume this is the correction pattern. LTC always follows BTC better than any other coin. That's why its my favorite crypto, steady steady, then breaks out. Best risk reward ratio. That being said! This is an...

roaken

Today BTC recovered from a dip that had ALL the bear signs. I've never seen so many charts wrong on #TradingView This is clear market minipulation! It's ok though! We can use this knowledge to our benifits as traders. When markets gets pumped like this, it's usually millionairs moving tons of money into the market it small pieces that directly flip the market to...

roaken

Looking at LTC coming out of the downward trendline I see LTC bouncing off this support line and hitting that 1:1 extension some time this week. Possible impulse wave to get there, the market is still lagging in speed so expect a little horizontal. Could see restance at $157 as well, but $205 is the larger picture trend-based FIB extension

roaken Updated 

What's up Traders! Hope you're having a fantastic Thursday and are keeping a cool head in this exciting market. I'm switching up my chart style to be more infographic on the chart and less text heavy in this section. I hope you like it and can understand my idea purely from the info on the chart. Please let me know what you think of this new style and also of my...

roaken

PPTBTC on Binance @ 30m chart | Broke out of wedge on the positive side. Following other coins like RDD, WAX and SUB; expecting a good little bull run here. Have sell orders at .0027175 and .0029054 These FIB extentions also match resistance lines. Something to watch is that .0026009 Resistance as it could cause a little bull trap or resistance. Going to stay...

roaken Updated 

To early to call really, this idea really just feels right to me. I know there's a lot of signs that are pointing towards low 6k for bounce, but I'm more bullish minded with BTC and am cool with this .786 retracement over the bearish 1:1 scenario. If we do get this descending wedge then you can expect some nice bounce back up to 8400 range over the weekend. Why...

roaken

OOOOOOOHH! I SEE NOW

roaken

Similar chart to ADA, with be sweeping lines, getting a 2.618 extention on wave 3 is quite impressive. I would imagine a 1:1 on previous level is possible. If this were an impulse wave than a 1.618 would be more realistic. I put a little in at the .5 retracement (.00000596) looking to sell 75% at .00000750

roaken

If you look at our current structure compared to the previous impulse on wave 2, you can see that both waves experienced a WXYZ correction. This wave just took a lot longer because the volume was so much more, but the relationship is identical. Hindsight is 20/20!

roaken

Watching LTC today to see how it recovers from this over correction. If we can bounce back into the wedge, then it looks like history may be repeating from the previous dip. So far they're almost identical.

roaken Updated 

EOS is very easy to count right now on Elliot Wave FIB levels. It looks like we're starting wave 3 of the larger structure. currently at 3/5 for this first wave 1 of the larger structure wave 3. Good time to buy in and or HODL. Set your sell orders high!

roaken Updated 

The chart is based on previous structure and those ratios projected onto current structure in regards to volume and timing. Graph is in log for scale. Key points of interested are color co-ordinated to defining matching feature. Let me know if you have any questions. Cheers :)

roaken Updated 

This graph illustrates how LTC has retraced through this structure and uses the ratio of major dip to major dip to illustrate how the next few months for LTC could look. Notice the Major resistances points for max height of next wave. This graph also aliegns well with the baseline support to create an edge of the bear market convergence point with the yellow...