Raul_Dominguez

Raul_Dominguez Updated 

PEPPERSTONE:US30 It may go down a little further, but it is now in the support zone. Looking for a swing trade here to about the 61.8% Fibonacci Retracement. RSI is oversold.

Raul_Dominguez Updated 

FTX:APEUSD APECOIN seems to have top-out with the RSI indicator extremely overbought, and now it is pointing down. It seems to have made a Falling Wedge Pattern, which is a bearish pattern, and about to break to the downside. I’m going short here, with stop above August 5 highs. Not a recommendation. Good Luck to You

Raul_Dominguez Updated 

BINANCE:MATICUSDT Matic place an important top on July 31, by making a huge Shooting Star Reversal Pattern that day. It is making another smaller one today. In Elliott Wave Terms, the up move seems corrective. MACD Indicator has given a sell signal, something that didn’t happened before for about 39 days, with the blue line crossing below the orange...

Raul_Dominguez Updated 

BINANCE:OPUSDT OPUSDT seems to have made a double top 2 days ago on the daily chart, it made two consecutive Shooting Star Reversal Patterns. There is negative divergence on the RSI indicator. Could make a good short here with stop above $2.28 USDT. Not a recommendation. Good Luck to You.

Raul_Dominguez

BITSTAMP:BTCUSD Bitcoin has been in an uptrend for about 42 days, getting everyone bullish. However, MACD is about to give us a sell signal for the first time in 42 days, we had a Shooting Star Reversal Pattern on July 30, July 20, which lead to several days of decline. And it seems it is making one today. We have been trading in a channel, if we break below...

Raul_Dominguez Updated 

BINANCE:FTMUSD With stop below today’s candle, here is a quick trade, with target around previous high of around $0.41 USD. Seems ready to breakout. Risk-Reward 2.25 to 1. Use proper risk management when trading (Entry – Stop = 4% or less of Capital) Not a recommendation. Good luck to you.

Raul_Dominguez Updated 

BITSTAMP:BTCUSD We are in a Bear Market since November 2021, which is taking the form of an ABC Zigzag to the downside. We are missing Primary Wave 5. It should be shorter than Primary Wave 3, which was about $15,000 USD in length. Meaning we should stay above $9,400 USD. My target is between 16k and 12k. We’ll see. The RSI indicator and the Squeeze Momentum...

Raul_Dominguez Updated 

BITSTAMP:BTCUSD As you all know, we started a Bear Market in Bitcoin in November 2021, around 69k. From there we started a decline in what it looks like an ABC Zigzag Pattern to the Downside, elliottwave-forecast.com , which consists of 5 waves to the downside, 3 waves to the upside and 5 waves to the downside. Which I will call Primary Wave A (5 waves), Primary...

Raul_Dominguez

BITSTAMP:BTCUSD From the bottom of June 15, 2021, we had 5 waves up, following a mayor correction on Bitcoin of about 55%, which I would consider Primary Wave 4, and now we are in Primary Wave 5. Within Primary Wave 5, we already trace Intermediate Wave 1, and it seems that we are now tracing Intermediate Wave 2. Intermediate Wave 2 could be a Flat or a Double...

Raul_Dominguez Updated 

BITSTAMP:BTCUSD Bitcoin started a New Bull Market on December 2018, after a year long Bear Market. In Elliott Wave Terms, it had already traced Primary Wave 1, Primary Wave 2, Primary Wave 3, Primary Wave 4, and it is currently tracing Primary Wave 5. Within Primary Wave 5, it had already traced Intermediate Wave 1, Intermediate Wave 2, which is a Sharp Zigzag,...

Raul_Dominguez Updated 

BINANCE:CAKEUSDT Everybody wants to kill me because Cake price fell hard. Many throwing in the towel at the worst possible moment. However, what I see is a big Bull Flag Pattern, which should lead to higher prices when it finally breaks to the upside. To do that, we need to go above $19 USDT. If we do, the minimum price target would be $34 USDT. A target that I...

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BITSTAMP:XRPUSD XRP started a new Bull Market on March 2020, after a 2.2 year Bear Market. In Elliott Wave Terms, it had already trace Primary Wave 1, to about $0.78 USD, which seems to be a Leading Diagonal, Primary Wave 2, which is clearly a Sharp Zigzag, to about $0.17 USD, which also coincides with the SEC lawsuit, Primary Wave 3, to about $2 USD. And now it...

Raul_Dominguez

BINANCE:ENJUSDT As you know Enjine will be integrated into Polkadot Ecosystem by becoming one of its Parachain’s, which should boost the demand and price of the ENJ token big time. parachains.info In Terms of Elliott Wave, we finished 4 mayor Primary Impulse Wave moves, and are missing Wave 5 up to the upside to new all time highs. Which should last several...

Raul_Dominguez

BINANCE:SOLUSD Solana just broke out of a Bull Flag about 3 days ago, that was a long 3 week consolidation period. The price target will be calculated by adding the length of the previous rise to the breakout point. Stop Loss is just below previous low. MACD indicator just gave a buy signal when the blue line crossed the orange line. Volume increased on the...

Raul_Dominguez

BITSTAMP:XRPUSD Starting on March 30, 2020, we started a New Bull Market on XRP, after a Multi-Year Bear Market. In Elliott Wave Terms, we already trace Primary Wave 1, from about $0.11 USD to about $0.80 USD, they we had Primary Wave 2, to about $0.17 USD, which coincides with the SEC lawsuit against Ripple. And from there we started Primary Wave 3. Within...

Raul_Dominguez

BITSTAMP:BTCUSD Many are expecting Bitcoin to drop to $25,000 USD or even $20,000 USD. If that where to happen, it needs to happen within the next 2 or 3 weeks, otherwise I doubt it will at all. Others are expecting Bitcoin to climb to around $50,000 USD first, and the drop to $25,000 USD. I don´t favor that scenario either. By Mid-December 2019 we started a...

Raul_Dominguez Updated 

COINBASE:ETHUSD As you can see in the chart, Ethereum is forming an Ascending Triangle Pattern, which is bullish. If we manage to close above $1,450 USD, the triangle would break to the upside, which would give us a minimum price target of about $1,800 USD. Definition of an Ascending Triangle Pattern: www.freeonlinetradingeducation.com I hope you find this...

Raul_Dominguez Updated 

BITSTAMP:XRPUSD O.k., first, let me tell you that I’m fully aware of the news, and I know that many expects XRP to go to cero and maybe be completely destroyed by the SEC on it’s coming lawsuit. And to be delisted everywhere. Now with that said, it is not being delisted yet, just trading suspension, the first hearing is on February 22, 2021, and there is a...