Sh-aw-nster

Sh-aw-nster Updated 

Could be totally wrong here but to me it seems like the SP500 is shaping up with an ending diagonal formation to end a massive run since 2009. You could also count it as An ABCDE triangle wave IV and now a new impulse wave 5 starting, but the end result is the same; a jaw dropping end to a multi decade bull run. If this is correct, we will see the most severe...

Sh-aw-nster

I wanted to post this potential count to show a possible outcome that may be in play. The Elliott wave principle has pointed out that impulses tend to channel if they are a true impulse. If this was the true bottom of the BTC bear market, then once we make one more possible low into the bottom of the channel and right at the golden ratio 0.618 fib retracement...

Sh-aw-nster

Hundreds of alts including Bitcoin are presenting a consolidation Triangle Pattern These patterns are very discouraging when waiting for good times again; but of course any black swan event or manipulation by strong sellers coming in can take hold. Regardless, it's still encouraging This last low just yesterday was a textbook ending diagonal. If it holds, we...

Sh-aw-nster

Alts and BTC are displaying a very prolonged Triangle consolidation pattern which to me shows a serious spring board foundation is being built for all of these projects to catapult once they hit their apex or climax points. Yes, some of them will fail and fade away, but to me this shows me that this summer is going to be an explosive time in the crypto...

Sh-aw-nster

I wanted to post this obvious Triangle pattern shaping up in BTC and many many other alt coins. Nothing is for certain, and this market can change on a dime due to news events or hacks, but if I'm correct, these accumulation periods are insanely bullish and are fueling the tanks getting ready for a monstrous run The reason I called it a WXY with and ABCDE...

Sh-aw-nster

I posted this count a few months ago, and i believe this still could be in progress, as long as BTC doesn't really take a dive. I was having trouble ascertaining what count this was, and went back and forth to an ABCDE Triangle to a WXY (ABCDE Triangle for Wave Y) The reason I scratched the ABCDE Triangle is because these formations consist of 3 waves for each...

Sh-aw-nster

I just had to throw this up here today. ARK looks like it could blow any time. In these types of formations, it could take weeks for it to start moving. It's like a volcano, slowly building pressure; until POW! I still believe ARK is a stellar project that is crucially needed to join block-chains. They are very transparent and always communicate whatever changes...

Sh-aw-nster

Tron has one of the best logarithmic long term charts in the top 20 coins. There are others and I will try to post some more. But the potential this charts shows is jaw dropping. Despite what people say or think about this project, I look at this one as a Technical Analysis opportunity. If things go well for this team, this thing is going to go mental this year....

Sh-aw-nster

Wanted to post this, because I've been staring at this completely weird price action in NEO. To me it looks like a clear large cup and handle, complimented with an irregular triangle for wave 2. It also looks to me like accumulation. Large players are just gobbling this thing up for the next moon mission.

Sh-aw-nster

Neo is displaying a possible large cup and handle formation that looks ripe. As long as BTC doesn't shit the bed and have a deep retracement, then this should play out fairly well. I've been extremely bullish on NEO for a long time. Have traded and owned it since it was Antshares at $2.00. Hope everyone is well.

Sh-aw-nster Updated 

Long-But with tight stops The primary count is in White and is labeled as an ABCDE Triangle. It's still holding but barely. If we do break down, my alternate is in yellow. We just have to be patient I've been asked a lot by friends on what I think about George Soro's finally getting into crypto. Soros is known worldwide in the investment community as a...

Sh-aw-nster

JUST FOOD FOR THOUGHT THESE HAVE FAILED BEFORE, AND IF BITCOIN DECIDES TO REALLY TAKE A DIVE, THIS WILL FAIL VERY QUICKLY TIGHT STOPS RECOMMENDED RIGHT OR SOMEWHERE BELOW THE TRIANGLE TRENDLINE IF YOU DECIDE TO INVEST

Sh-aw-nster

I'm so bullish on NEO that it actually hurts my head just thinking about it. Keep in mind, a lot of coins and tokens don't have very good looking log scale charts because the corrections haven't been as deep as NEO's The reason that the deeper the better is because there is less (never for sure) downside risk. It's also following the long term trendline. As...

Sh-aw-nster

As long as BTC goes sideways for a few weeks or slowly crawls to lower lows, EOS may possibly have found a bottom. The waves are very clear. However, I showed and alternate in yellow that may tell the story if BTC decides to move further down. With it's most recent announcement, I don't see any reason why it can't hit these levels now that devs got the green...

Sh-aw-nster

My previous Triangle pattern is still valid, but it's looking weaker by the minute and is ready to break. I'm neutral until it breaks. I've posted my best guess on this complex correction. In terms of Elliott Wave, a complex correction tells the story of buyers and sellers battling it out all the way down instead of a decisive and violent fast crash down. Other...

Sh-aw-nster Updated 

I wanted to apologize for my post earlier today. Technically the two points of the trend line meeting the last swing low failed, but with this bounce and a minor adjustment, it looks like it could still be intact if you connect the previous lower lows. Technically in EW terms, this can still be valid as long as WAVE A of the ABCDE triangle isn't surpassed This of...

Sh-aw-nster

EOS is displaying some unbelievable strength. It was just slightly down today even during the BTC dump. I believe it's because it has finished it's correction, as long as BTC stabilizes. Also, if you zoom in you will see this last bounce after the 5 wave impulse down, you will see a text book impulse up which usually means a change in trend You can't get much...

Sh-aw-nster

Triangle was broken. Not a good looking day, to say the least. If you are a short term trader, then a short would be in order, but keep in mind, anywhere in the circle I placed could be the bounce area, so instead of shorting, I will be laddering in all the way down. This is why i hold the core of my investments. The bounce will be so massive and so quick, that...