This is the Mid Term Count for BTC that makes most sense to me. Note: I have perfect sub divisions on lower time frames, but they cannot be shared in the same chart as it would screw the visbility of the count. Note: Some of these sub divisions turned out as Triangles and Flats, instead of your basic Impulse and ZigZag waves, everytime they were used, the...
I already showed you how it was going to play out, but now that we have even more information things are starting to fall into place perfectly! New intra wave targets have been created as charted. These are my opinioins based on the market structure, you should DYOR.
Hey all, welcome back. I've decided that I was decently close on my last chart for the price action that happened the last few days, originally was working on a 4 hour chart but changed to 1 day. I think the trends I've set in red here at the end of this triangle will happen, but no certainty that it will happen exactly as I think it will. If the red wave I've...
Golden Zone. It has always been effective and will hopefully always be effective! I already expected a huge ABC down to 7.8k from the very moment we dropped to 8k. (see idea attached!) However, as you could have seen from a number of ideas I posted later on, whales managed to divert me from my original main idea by painting the chart as weird as they can to make...
Took another look at my Stellar (XLM) chart, decided to delve into the current pattern we are on as of May 24th. It appears to be a bullish, corrective, and descending triangle. I have mapped out potential range/movement within the purple triangle. It is not yet known if this triangle is 100% descending but it appears to be bullish, or continuing on a bullish...
On the 4 hours time-frame of COINBASE:BTCUSD , a bearish divergence is identified on the Relative strength index (RSI), which indicated a possibility of trend reversal. The current price is currently traded below the 14 period simple moving average (SMA) and trapped between the two fractals (between the red lines). It is highly thought that the price will visit...
This Is The Only Thing I've been able to look at lately. For everyone like myself at times that feels anxious and uneasy about the market, I say zoom out. I find it very correlated that this extremely large formation took place after the last halfnin'. Could We see something similar play out if this break to the upside? Could massive volatility and fomo send us...
This is meant to be an idea for a breakout pattern to signal our next major move up over the next day. I do believe that we will keep steady over the pattern resistance lines above $0.0724 and see major volume to pump the stellar price. Final sell target for over the next few days if resistance is broken could be anywhere from $0.077 to be safe or ...
Coming in with another update on XLM deriving from my work on this chart over the last couple days. I believe that XLM will stay in my cyan trend lines (for the most part) for the remainder of the time frame it shows on, which is around here at ~$0.071-$0.0732 until May 5th 10-11:30 PM MT , before moving up into the magenta trends at around ~$0.074-$0.0782...
Chart speaks for itself, but let me add a few abnormalities. - The A correction in our bigger ABC wave doesn't make any sense, there is no way to put an 12345 in there! --> This actually made so little sense that EVERY elliottician that I have heard or spoken to thought this was the bigger wave B and we would be putting the C ending the correction straight...
This is a revision of the patterns and time frames updated from my last chart posted about 1 day ago linked as the related idea. Yesterdays Forecast Quoted from my last chart description: > " price may drop as low as ~$0.068 in a few hours finishing a structure over the next 18 hours (highlighted by next upcoming green trend lines .)" - this event has mostly...
- Descending triangle pattern is generally bearish - Support and the base of the triangle both lie at 5844 satoshi's - Should we break the 5844 level the most likely support will be at the 5536 level. This has held since the 4th of december 2017 - Very low volume
This chart is still similar to my original Bearish idea posted on the 10th of April: It is not possible to say at this point if my previous target price (range) is in play, or not. All I can say is that you should have made some very good trades already based on my previous idea . On top of that I am showing you some short term key levels of interest on which...
The last bullish movement was nice for a short term trade. I did end up closing it out at $7300 however. My intial feeling was that hitting 9k+ at the top of the channel was more likely, but now we face many obstacles. Zooming out to the daily: 1) Resistance met at 1day 100EMA and 3day 200EMA. 2) Bearish rising wedge still being built. 3) Price gain is weakening...
Hi guys, As I've told some of you already, I woke up this morning with some doubts about my previously shared Bearish Idea (linked below), as the Elliott structure on the lower time frame didn't really seem to make sense. I had to come up with an alternative, and had 2 possibilities, so I went with the one that made most sense to me, which I am presenting in this...
This is republished based on my previous idea, since I made some copy paste errors in the chart. Have fun trading! INTRO Like shown in my previous idea(s) (read updates on shared ideas), nearly every minor and every major move BTC has made over the last weeks was based on Fibonacci! Nobody can deny it, this is all black on white and most of them I have shared...
Like shown in my previous idea(s) (read updates on shared ideas), nearly every minor and every major move BTC has made over the last weeks was based on Fibonacci! Nobody can deny it, this is all black on white and most of them I have shared via updates on my idea before it happened... All others I have shared in the BitMEX trollbox before it happened. I...
Hi guys, Short term idea here, for the mid term I think my previous ideas are still valid (taking into account that we had an intra wave correction for which I was not able to predict the bottom price). Be careful shorting this! I think this wave can only be finished above 7k, lots of bears may be shopped to death later this week. I know there is resistance at...