JAN360

JAN360

A quick analysis on Litecoin (LTCUSD) 1) Looks like Wave 5 is doing strong and quick in the above diagram 2) Reached the first target of $360 at FIB 50% 3) Strong liquidity (take profit) event will come at $285 as it will cross 2018 $375 all-time high to make new ATH at FIB 61.8% ($285) 4) If the market still holds it might shoot to $405 (or) $430 to FIB 70%...

JAN360

A quick analysis on Cardano(ADAUSD) : 1) Cardano had a nice IMPULSE run-up from Dec 2020 to Feb 2021 going from $0.13 to $1.47 as shown in my 5 point wave in the diagram above 2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase 3) Looks like the correction is a FLAT correction look at my...

JAN360

Following is my analysis for Litecoin( LTCUSD) using Fibonacci extension measurements: 1) We have a nice top and bottom channel formation from December 2020 2) The prices held in the channel for the last 4 months and this might give a good idea of where they might go if THIS CHANNEL holds for the next coming 2-3 months 3) Fibonacci extension tool is a great...

JAN360

Quick analysis on RIPPLE (XRPUSD) using both wave theory, Fibonacci analysis : Wave theory Analysis: 1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above 2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase 3)...

JAN360

Following is my analysis for Litecoin (LTCUSD) using wave theory & Fibonacci measurements: 1) On Apr 16th, Litecoin (LTCUSD) touched its all-time high $335 2) The market went into a correction mode after a 4-month uptrend taking the price from $77 to $335 3) The correction looks like a wedge correction called triangle diagonal in Elliot series forming ( A-B-C-D-E...

JAN360

Following is my analysis for CHAINLINK (LINKUSD) using wave theory & Fibonacci measurments: 1) On Apr 15th, CHAINLINK (LINKUSD) touched its all-time high $44x 2) The market went into a correction mode after a 4-month uptrend taking the price from $9 to $44 3) The correction looks like a wedge correction called triangle diagonal in Elliot series forming...

JAN360

Following is a LONG analysis of Tesla Inc coming in for the next few weeks/months. The five-wave Elliott wave series started on June 25th, 2020 around $185 developing a good 5 wave series, here are few confirmations of why I think this is a 5 wave series: 1) Wave 1 started low at $185 2) Wave 2 is a symmetrical triangle that finished correcting W1 at 38.2%...

JAN360

1) LTC is going on it’s ABC correction wave (5-3-5) 2) The wave A & B of the correction wave are completed and Wave C just started 3) Wave C is going to be a 5 wave series 4) I believe Wave C is going to end at 61.8% which is around $175-180 5) If we notice this is also exactly the end of the previous Wave 4 Summary 1) Bears still in control 2) LTC still...

JAN360

Quick analysis on XRP using both wave theory, Fibonacci analysis : Wave theory Analysis: 1) XRP had a nice IMPULSE run-up from Apr 4th to Apr 13th going from $0.58 to $1.96 as shown in my 5 point wave in the diagram above 2) After a good impulse phase comes the CORRECTION phase, markets usually stay two-thirds of the time in a correction phase 3) Looks like the...

JAN360 Updated 

1) The five-wave Elliott wave series started on December 10th at $75 and ended at 337 on Apr 17th giving a good 4-month run-up in a beautiful 5 wave series, here are few confirmations why I think this is a 5 wave series: a) Wave 1 started low at $70 b) Wave 2 is a zig-zag correction of W1 at 61.8% correction at $119 c) Wave 3 extended a...

JAN360

Quick analysis on Dogecoin using both wave theory, Fibonacci analysis, pattern analysis & volume/price analysis : Wave theory Analysis: 1) Dogecoin had a nice IMPULSE run-up from Apr 12th to Apr 16th going from $0.07 to $0.44 as shown in my 5 point wave in the diagram above 2) After a good impulse phase comes the CORRECTION phase, markets usually stay...

JAN360

I think the new impulse wave is starting and this is going to go to 71-72K for the following reasons, we are looking at a 3 HR BTCUSD analysis and the channel is formed from December 2020: 1) The major five-wave Elliott wave coming from MID December from 19K ended MID of March at 61K 2) The correction Elliott wave (A-B-C) ended on Mar 25th at 50K. 3) The new...

JAN360

Hello guys, I believe BTC is shooting for 66K in the next couple of days for the following reasons : 1) BTC is in the impulse Wave 5 of the Elliot wave series 2) It finished the correction 4th wave and now up for 5th wave and you can see the similarities at the end of Wave 2 & Wave 4 and also the beginning of wave 3 & wave 5 marked in red spots 3) impulse...