x28Jakke

x28Jakke

In my last chart I left you with 2 targets for the completion of Wave 5. We hit my first target on the head and seem to be correcting now. We are now in our ABC correction and on target to hit the 0.382 Fibonacci Retracement. My reasoning is as follows. Wave Wave B retraced to the Golden Pocket of Wave A already, and the 1-1 extension of wave A is exactly at the...

x28Jakke

Back again with my favourite coin! So, my last chart I made the same mistake as my Ripple chart. I counted the 3 Wave as being completed when it hadn't been yet. But once again my correction target still stands in the 0.5 fibb to 0.618 Fibonacci Retracement range. We bounced off the 0.382 Fibb on Wave A and are now completing Wave C in Wave 4. Once complete we...

x28Jakke

So, Last time I had projected a bottom of our Wave 4 Correction at the 0.382 Fibb, well we're so boolish we didn't even make it there!! Remember this only happens around 15% of the time. So now we are targeting the top of Wave 5 and the completion of our 5 Impulse Wave Structure. I don't quite have a Subwave count yet because there isn't enough data. If you say...

x28Jakke

If you saw my last chart, and you took that trade, good job!! We made 9% profit on that trade. Playing the breakout of the triangle was a great Risk:Reward setup. and we hit my target PERFECTLY before coming in for a retracement. I had to change up my count a little bit. It seems that the ABCDE we broke out was a correction, but it was actually the Wave 4...

x28Jakke

ICX is in Wave 3 right now and has also formed what looks like a Cup and Handle formation. With it's ICO -14.29% Platform launching on the 30th I expect great things to come. We made over 10% gains today alone and I see much more to come! Wave 2 retraced to the 0.786 Fibonacci Retracement Level and completed a round bottom which I am now calling a cup and handle...

x28Jakke

XRP Ripple looks like its making another, yes another, ABCDE Symmetrical Triangle. This would explain why I couldn't count 5 subwaves for our wave A in the correction. Triangles are 3 - 3 - 3 - 3 - 3 patterns. and then they break out. We already hit the 0.236 Fibonacci retracment, and I suppose we could be finished and ready to break out. A 0.236 Fibonacci...

x28Jakke

Looks like we're still having the simple ABC. My subwave count was just wrong which gave me a slight bias and confused me as to what was going on. We had already completed Wave A and seem to have just finished Wave B too. Now that we're on target again, Wave C should still complete between the 0.382 and 0.5 Fibonacci Retracment. I think when Bitcoin finally...

x28Jakke

Well the ABCDE wasn't actually an ABCDE from yesterday.... Twas just a regular Symmetrical Triangle, as we can see it broke upwards and not down. I hope you all didn't take a short trade at that level yesterday!! That's why I kept my strategy at a neutral. It wasn't a safe setup in my opinion and I'm all about good risk management. Good news though! We've...

x28Jakke

Well.... this is gonna be a short one. Ripple is still trying to pump higher. I had drawn out a subwave count for wave A in the correction, and was planning to call the wave 4 an ABCDE Contracting Symmetrical Triangle Complex Correction (mouthful right?) but, by the time I got back here from posting all my other charts it stopped following the pattern..... or so...

x28Jakke

Well, Tron is looking rather bullish, and rather subwavey.... Wave 2 (yellow) hit the Golden Pocket 0.618 Fibonacci Retracement. Followed by a massive pump to begin subwave 1 of wave 3. I don't really want to get into the specifics of all the targets and reasons why in this one because as you can see..... theres a lot of subwaves.... so I'm just gonna call out my...

x28Jakke

Litecoin is right on target. So what am I now? Three for three today? Don't mean to toot my own horn, but i hope you guys are taking full advantage over here! Litecoin came right down on target for Wave A and is in a contracting Symmetrical Triangle Corrective Pattern. It is finishing up the correction as we speak and then down we go!! So if you've seen, I...

x28Jakke

Well, we are correcting!! Told ya didn't I? i hope you all switched to short from long. We already came down almost 500 satoshis As far as I can see, this 5 Wave Structure for our A wave of the ABC Corrective Pattern is working out beautifully. We already have Waves 1-4, wave 3 bouncing right off the 0.236 Fibonacci Retracement (aren't Fibbs cool!) and are on our...

x28Jakke

Back at ya with another request, this time its ONT (Ontology), This one was tricky for a sec until I realized that we had a failed impulse wave after the original correction forming a WXY Double Zig Zag pattern. Also known as a Double Elliot Wave Combo. If you don't know about this, it means we had a failed impulse wave and an extended correction. Two ABC...

x28Jakke

I was requested by someone to do POE! So here you go! I think I can rap and flow, you know? Ok, so, I have a bunch off fibbs drawn everywhere I know. Fibonacci is such a cool tool, if you haven't used it, you totally should. At first I wasn't sure if this would count well because the subwave count looks so odd (especially Wave 3) , but as soon as I threw the...

x28Jakke

As many of you will come to know, Litecoin is one of my FAVOURITE coins in the cryptocurrency space. Honestly, everyone is always arguing about whether or not Bitcoin or B trash is the "real" Bitcoin, when all BCH did was copy Litecoin..... Just leave it be? But this is a Technical Analysis not a Fundamental Analysis right? So lets get down to business. Out of...

x28Jakke

As many of you will come to know, Litecoin is one of my FAVOURITE coins in the cryptocurrency space. Honestly, everyone is always arguing about whether or not Bitcoin or B trash is the "real" Bitcoin, when all BCH did was copy Litecoin..... Just leave it be? But this is a Technical Analysis not a Fundamental Analysis right? So lets get down to business. Out of...

x28Jakke

On my last chart I gave some conservative targets for Ripple to hit on its 5 wave, annnndddd it exceeded ALL expectations. I placed a conservative target of a 1-1 Fibonacci Extension for our Wave 3, we hit 1.618, and I put a conservative 1.618 for Wave 5, and we hit the 2.618. So as far as I can see, we have finally finished our 5 Waves up on the main structure,...

x28Jakke

I hit you guys with a scenario of us having finished our Wave 3 and being in our Wave 4 correction.... But that wasn't so. As you can plainly see we pumped even MORE!!! Wow, Cardano really went on a moon mission with this one. So apparently we had finished SUBwave 3 of wave 5, and we broke the 2.618 and almost made it to the 3.618 Fibb Extension of waves 1 and...