previous waves were invalid so i rethought them and this is what it gives. Let me know what you think. thanks :)
this is the path i've layed out for usd cad. let's see if it follows it :D. Let me know what you think. thanks. :)
if btc behaves this is the path eos will follow. it retraced further than i thought it would but thats okay. it still has the possibility of retracing a bit further to the .236 but thats if btc goes bearish. Thanks and let me know what you think
this is what im currently seeing for btc. does anyone have any input theyd like to share?
xlm finished its downward abc correction and has commenced its first and completed its second one. this was a risky second wave because it almost retraced more than 100% of wave 1 which would of rendered the impulse wave invalid. Although we can see that it bounced off the 1st waves target perfectly and did not exceed 100%. this leads me to believe that the 3rd...
omg is curently finishing up its c wave from its abc correction and will be looking to move up after it and commence an impulse wave up as long as btc doesn't mess it up. Short then long. Let me know what you think. thanks.
Iota fisnished the abc correction of its previous impulse wave and is currently going to reverse as can be seen with the tk cross. the impulse wave i drew was simply for show and has no correlation with this analysis.
backing syscoin is an absolutely amazing project but after this heavy pump we need to expect a correction. the reson i put the target for the 5th wave so low is because the 3rd wave was particularly powerful and wave 5 is usually close to the size of wave 1. keeping that inn mind this is where my target lies for syscoin before an abc correction and a further move up.
Eos looks to be finished or close to finishing its second wave, it hit the .236 and looks to be bouncing off it. These are my short term rough targets for it.
After hitting my target at the 618, zrx seems to be experiencing some heavy support and this can lead us to believe that it will continue on track upwards and considering zrx has alot of room to grow i believe this is their mid/long term targets. Unless it drops to the 50 fib, keep an eye out for that But i doubt it. Thanks and let me know what you think!
Check out the chart. fib placements as my corrective targets. let me know what you think thanks If any chart requests please comment.
everyday i am learning something new about elliott wave and this is why i had to go back on my bitcoin chart and apply what i had learned. this is my new outlook on the coin and if it doesn't reach these levels atleast the first one i would be very curious to see how the waves are going to play out. short term bear to around 7.8 (around the fib that is shown) and...
after doing a deeper count of my elliott waves, my previous posts were in the wrong as this isn't an impulse wave down but in fact an abc correction of the previous upward elliott wave. this changed my perspective on things and the next fib looking to be met is the .236 and this has a valuation of around 60c at this time. Let me know what you think. thanks.
Bitcoin's 5th wave may not be finished and since we have a support at 6k or lower, this may be bitcoins last stop before a bullrun. I believe in my first scenario more.
My previous eos short target was hit to the tee and now we can be looking at a reversal and the beginning of wave 5 :) not sure on this target but considering elliott wave rules i dont believe it can go past the 786. maybe the 1 if we're lucky. Thank you let me know what you think and happy trading :) Drop a follow :)