Dogecoin has been in a 3 wave correction after the major impulse we saw in 2021. We are now approaching a buy zone with multiple confluences for buys. We have: - 88 fib - Structure - descending correction support (completion of e wave) Trade Idea: - Watch for a strong bullish reaction at the buy zone - once bullish price action appears, enter with stops below...
Vechain is in a massive correction that has erased almost all of its gains during the bullrun. The lower it goes, the better it is for us to get in. Great coin to buy and hold for 2022! We're anticipating the ABC correction to finish at the 0.88 fib and then start the next bullish wave. Trade Idea: - Watch for bullish price action at the 0.88 fibonacci - Once...
1inch is almost at the bottom and is currently dirt cheap. From a technical standpoint, we are finishing the ABC correction and about to start the next impulse. It is important that we wait for the bullish price action first before jumping. There is a chance 1inch can move lower and bottom out to near enough 0 - which would give us another chance to get in at the...
Polkadot is exhibiting clear wave formations which fall in line with the Elliot Wave schematic. We have the 5 wave impulse which started late 2020 followed by an ABC correction, which we are currently in. We are currently in the C wave which has 5 subwaves and we're currently on the 5th and last subwave heading towards the completion of the ABC correction,...
There are a few levels we're watching for XRP. If we continue to push up from here, we'll be looking to sell once more back to the buy zone. If we drop from here, we'll be looking to buy XRP for the long term from our buy zone. It's still unclear which way it will go so its a good idea to have these levels marked out and play what we see based on price action...
Bitcoin is currently approaching a very important level where we can either have confirmation of bulls or a rejection to complete the expanded ABC flat correction. On the higher timeframe we still appear to be in wave 4 now, which is an ABC correction. See below: Only question is whether we already completed the ABC correction or we are still yet to complete...
Ethereum on a higher timeframe is currently in the 4th wave and we're seeing an expanded ABC correction. We are currently on the final legs of the C wave. It looks like we're finishing the 4th wave of wave C and anticipating one more drop back down to the 1700 level where we have multiple confluences to BUY Ethereum for the 5th and final wave. SHORT Trade...