#BTC (Daily) - potential wave count... Corrective Wave ABC Completed : Wave A (zigzag, diagonal) In Progress: Wave B (potential flat, if retest/go near 6k bottom) Next-Up : Wave C (potential zigzag, or WXY, will be complex) --> target bottom 3k-4.5k
BTC will continuous going down until it form a reversal pattern. At this case, the reversal pattern most likely will be butterfly pattern. MACD starting show little divergence in 4H chart. I believe the strong support and reversal will come with a strong support area at 7500-8500 with a clear divergence pattern with volume. #opp Waiting for long at area...
For quick trade, will look for short until it break out the wedge .
Action : Sideway Trade (Bias Long) Prediction for coming few days BTC will move side way in range 8400-10150. For today movement something like stay at middle of the range. For whole morning, it is bull day. Until now there is no sign of bull get weaken yet.To prove it is bull weaken , at least something like lower high in lower time frame like M5 ....
I think the end of the correction soon for BTC. There will be reversal pattern soon for 4H chart . In this case, there should be butterfly reversal pattern at area $7500-$8500 . To confirm the strength of reversal, we need volume and divergence at that reversal zone. #opp . Wait to long at area $7500-$8500
25/01/2018 After hit the support , and form a higher low in last days. I believe there will have short term waves to go up before it going further down waves to 6000-8000 level. Ultimate long target will be area 14500-15500. Time : 3-10days from now.
DASH has been exceedingly bullish recently, after building a solid consolidation base around 280$ region earlier in Nov. The dash/btc pair show a nice Bull Trap slightly under 0.04btc, right before price took off to current highs. That's a pretty strong indication of a potential new breakout/ATH ahead ;) Strong technical bullishness, building on the favorable...
DASH has been exceedingly bullish recently, after building a solid consolidation base around 280$ region earlier in Nov. The dash/btc pair show a nice Bull Trap slightly under 0.04btc, right before price took off to current highs. That's a pretty strong indication of a potential new breakout/ATH ahead ;) Strong technical bullishness, building on the favorable...
ETH, was waiting for some consolidation under the prev ATH, looking to go in on sign of bullishness. Price crush through old-ATH without a doubt. lol Bought into the Breakout of 400$ seeing strong momentum. Price testing the 500$ mark currently. Shall 500$ ceiling holds temporarily, I'm looking to partial TP, & add more on coming...
NEO on the move again after days of retracement & consolidation after the debacle of the 'announcement of announcement' FUD. :p From earlier post, price hit 48-50$ high. After buyers taking some break past few days, next targets will be: TP1 @ 45-46$ TP2 @ 54-55$ Happy Trading! \(^o^)/
NEO Spike out of triangle consolidation recently, hitting a high of ~$48+ Currently, observed a temporary price retracement, potential support near Fib 61.8%, which is near $38.5-39.5 Target re-enter Long near the area. :)
Was expecting a last leg within ETH big 6-month+ ascending triangle, to test 330-350$ support zone... BEFORE its big breakout of the 6month triangle. Price is making a move earlier than expected currently, extending well above 400$, hitting high of 427$ as of writing. Volume was decent, but not a typical blowout kind for such an important breakout...
Bitcoin price movement adhere strongly to Fibo levels. Mark some upside target/resistance levels with FibRet & FibExt for reference. :)
Gold (Weekly) @11 Nov 2015 On the mid-term outlook, Gold is at the final phase of its major downturn from all time high of 1,900 (year2011). Price is forming an Ending Diagonal - typical wave5 pattern following significant downmove or extended wave3. A closer examine of the ending diagonal structure shows that a potential Final Down-Leg (lower degree wave_v) is...
Price hindered by 1.720 level - lower band of the initial predicted 1,720-1,750 Resistance Region. - Probably due to the Fed's Oct 28th decision of keeping the rate unchanged --> Bearish to export-oriented Asian countries. - Price has since plunged a hefty 3% or 50pts, from 1,720 to recent low of 1,660. - There are both psychological (50pts plunge), & technical...
Looking for potential retracement high to Short the indices, with my main focus on DIA currently. DIA staged a nice ABC-wave rally recovering from major pivot low of 150.5. Currently looking ripe for a continuation of the underlying major correction from 183-150. The 175-176 region is ultra significant, comprising of: (i) previously surrendered H&S neckline,...
Looking for a Short entry around 1,750 region to ride on the wave C continuation of underlying major downtrend from 1,900 all time high.
- shall see temporary weakness as KLCI failed 1,720 resistance test last week. - R@1,720 further strengthened by Shooting Star candle pattern on Daily. - Index previously broke below a 3year-old slanted H&S; pattern. - H&S; Neckline (now a strong Resistance) currently lies around 1,700 mark (as marked by Grey UTL) - is tested on Oct 02 & HOLDS. - Immediate R1 @...