we can see a strong impulse.
We see some bearish price action at the Resistance.
ALso NZDxxx pairs at support levels.
would look for a Swing opportunity.
so if you find an entry use low risk.
look for entrys in lower TF.
We maybe see a double top first
This is my Short Scenario.
Trendlines have been broken, and now they should become resistance.
Deep correction with a small stop ?
This is only my trading plan.
I will watch XBTUSD, and decide in real time.
This is not a trading advice.
EOS - The biggest loser of the last days
We have been experiencing huge downturns in the last 2 weeks. Today we look at the coin, which probably got the most out of the TOP 20.
We will speak about the EOS coin. At the beginning of June, this coin traded at $ 8.67 and is currently at $ 3.70. This is more than a 60% decrease per month and half....
Today we will talk about an interesting pattern on EURCAD.
Looking at the daily chart, we have seen sharp and impulsive decline in 2018, which looks like a leading diagonal in wave 1, so it's the first leg away from top that can be a signal of a bearish reversal! The most important thing for us is that we have seen only a three-wave a-b-c...
Right now is undoubtedly a time when Bitcoin enthusiasts & investors are glued to what the price is doing. I see all kinds of analysis, predictions (different from analysis), fund managers tweeting horrible looking technical analysis with a MACD and a few unconfirmed trend lines, drive by media reports from their “experts” and so on. To be honest, we are at a...
Some people keep asking me where we go, but the thing is as I previously explained, it is all about probability, no one can be sure on any of the time terms (If people really knew to predict every BTC move they would be very rich and famous in doing so), but my probabilities atm are:
Short term? no one can be sure...
we are in a symmetrical triangle as I showed...
In trade, I use waves to understand what chain I am in.
A graph is drawn just like in a book: Elliott Pulse Wave (12345) + Elliott Coration Wave (ABC)
I bounce back from $ 9,000- $ 9,200 to $ 10,300 or higher, it all depends on what kind of reaction will be in the middle of the downlink channel.
well, and if the regiment does not hold, we will...
BTC.D is likely to return to the mean after testing the upper trendline of the ascending channel. it could take time, but I'd expect the main downside corrective wave to start in November. It could last approximately 2 months after which the btc dominance would continue to rise.
MATIC/USDT has turned up again in the last few hours (while I had the most beautiful, peaceful sleep after 3 days of international client meetings which entailed waking up in the wee hours to provide trade signals on my premium telegram channel - a 53% ROI in the last MATIC run).
Based on the previous run which ended somewhat disappointingly (yes, I wasn't happy...
I have been pondering over this long term view for some time, it is quite interesting actually. Given that the current possible correction we are in is given a chance to play out, we could soar to new heights in the coming years. A lot of factors have to line up correctly for this to be a reality, but I thought it to be an interesting possibility. Thought I would...
Check out the previous 2 publications of my thoughts on the weakness of Bitcoin. It seemed very early on (2 days ago) we hit a ceiling and it has played out.
Always good to see what the 6 hour is doing. Never try and long resistance or something that has stopped moving forward.
If I learned something in 2018 it is about market cycles. 2017 was the year I learn to draw trendlines and follow performing assets early on, and 2018 the year I learned about market cycles (and start doing the opposite of what I did in 2017 - enter opposite to trends).
Maybe by 2020 I will have learned how to do both.
So to be clear, this is not an idea...
Bitcoin will make few corrections and (the first support level 14750$ will be broken.
Then it will contintue downtrend trying to make a strong stable price which should be around 11.000$.
Actualy if coin drops bellow 10.000$, next support is at 8.400$ not 9.300$ as some people say.
Anyway, correction should happend about 72 hours counting from now (current...
Heya All my fearful and panic engulfed people,
Things are not looking too good now, yet they will get worse before they get better. How worse you ask? 8.5K I'd answer.... how better you ask, and I''ll answer to 16K and beyond...
Have charted this bull flag several weeks ago and looks like it is finally taking the shape that I am comfortable sharing. This flag...
I noticed a bearish diametric forming on ETHUSD right now on the daily. It's looking like we probably are in an X-Wave currently and will have one final leg up for Wave-G before the bearish diametric is complete and we move on into another ABC correction and much more downwards motion. Wave-G can have a massive range on it price wise, anywhere likely...