Hi, i will make it simple in this chart. On the 1-day chart we see BTC bounced from the 61.8 retracement level, witch is an important level, when we are under this level it is a bearish sign! Above this level we could say market is moving to bullish but in fact we didnt do this we will go downer now. IF we hit the 8234 level, witch you can see at the orange line...
250+ Pips BUY remaining! THIS MAY BE SHORT LIVED IF US RAISES RATES THIS WED AS PREDICTED. Good Luck! KEEP THE RADARS UP!!!
75+ Pips BUY remaining Good Luck! KEEP THE RADARS UP!!!
Price is currently at long term structure and as we can see a 5wave corrective pattern has formed which would indicate a move to the downside. Price is currently at a position for a good R/R ratio.
Bitcoin is currently in the progress of an ABC zigzag correction and still is missing a fifth subwave in the C wave. The fifth subwave, based of a 1 to 1 Extension of the first subwave, should reach at least $7500 or lower. After this low, Bitcoin will likely rally to at least $13,000 according to Elliott Wave Theory. Bitcoin would be starting wave 3, and wave 3...
Seeing this whole recent move of BTC as a failed 5th wave up and currently in an ABC correction down, the failed 5th wave makes it an X wave in a WXYXZ correction of the primary count, therefore we are now in the Z leg down where we hopefully finish the correction and finally bounce to the upside. The question remains where this bounce will be, for now I have...
This is how i feel about Bitcoin: We are currently in an ABC correction of the previous 5 wave structure. We have confirmed the bearish count as we have a clear B wave Currently on C wave (looking for our 5 subwaves) Using fib extension from AB and subwaves, my prediction for C wave is roughly $6200-$6500 My prediction of C wave (SW 5) also has confluence: 1)...
75+ PIPS BUY remaining after pullback... Good Luck! KEEP THE RADARS UP!!!
Greetings Everyone, Everything on this chart is heavily dependent on BTC -0.25% fluctuations. ADA/BTC looks like it might be coming out of accumulation. Although major downtrend has not been broken, we may see a little green in between. Trade at your own risk. This should only be a buy on breakout confirmation in my opinion. Happy trading!
This is the idea on Gchf. I just want to point out the amount of divergence coming in on the 4hr. Check out the 1hr. I believe it came down from top in a leading diagonal indicating further downside. I think it will either drop from here or make a small wave 4 and go up to .618. This is about a huge swing and trying to catch an entry on wave 3 that I can hold. It...
See the purple circles, history repeating itself, Cash Is King. Here we see a classic ABC pattern formed where we have seen trend advance down, we pulled back, now we shall continue. We have seen this last time nothing has changed. You will see below part 1 of this post where we had an analysis on $6000 and showed the last drop to this drop, this is still in...
Hey guys, in my last idea I posted that I would post a new idea with an alternate wave count since the last idea was invalided due to price action. Here is the new idea. There are quite a few other reasons besides the wave count that make me very confident in this idea, but this idea will mainly focus on the wave count. I may post updates highlighting some of the...
Near completion of B wave in ABC, expect downward movement soon for C wave. Could it be double bottom if bullish enough??
Hello everyone. After failed Bitcoin breakout and we can expect huge bearish movement down to 2k$. I don't see right now any bullish signs on my charts. I only post simplified chart of what we can expect from the market in 2018. So guys it is going to be tough times for bitcoin enthusiasts. If there are some signs of reversal I will post it. Stay tuned and hodl on!
Looks like we're in a complex corrective wave in EURUSD , there's a possibility of around 200+ pips down move before up trend resumes .
Hey Followers I love these technical little trades, I think so many people miss them. On ETC/BTC, we have a double bottom formed (Circled in Blue) and a rally up through Resistance and the 50 EMA, price is now pulling back (turning resistance to support @0.00265. If we get a pullback to the level 0.00265 or the 38.2 Fibonacci retracement I will look to...
Hello traders! I have taken a look in Nano/Btc since this really popular right now! This looks like a triangle where the ABC correction has been present and we are now already in 1-5 elliot impulse bullish trend. we are now at the second point and at the perfect buying area if u like some risk in here since it has bullish signs! The other point will be just...
This major wave 2 has certainly not finished and I see it forming a large WXY (just as it did in 2014), currently forming the X wave