this would be the BTC bullish scenario. there is another bearish scenario, which I will post later.
for this bullish scenario, BTC would have finished wave 1 up followed by a running flat ABC, while C is composed of a (33333) ending diagonal...
Hello trading friends,
Depending on DIA it looks we can meet a new increase trend with a possible 100% increase - it's also a Spot coin.
Manage the risk with a max of 2%.
This chart depending on the price history of trade as you can see in the chart.
# this coin can be a long-term investment, so don't expect a fast move.
Have a good time.
Despite different opinions and news about positive trend with XRP, the Market shows us very interesting image... With one more three-wave move down, there could be a LEADING DIAGONAL... Very good sign for bears and for those, who want to see this coin as much lower as it can be! Of course, to buy it on the deep!=)
After one more low (in fact, there...
As I just mentioned here on TradingView, Bitcoin faces an increasingly high probability of having bottomed out in this seemingly accumulation, yet with a final textbook fakeout down towards the 27 000s.
Naturally, this would in turn bring Ethereum and every other alt coin down with it. When looking at Ethereum, though, it makes perfect sense. We're talking a...
Bearish Scenario was that this moves up the last few days were just an ABC Correction to the Upside
Bullish Scenario is that it was just the beginning of a leading first wave diagonal, which could be the beginning of a larger Impulse to the upside
Lets see how this plays out
rising price has made diagonal chart pattern,
resisting upper trend line while supporting lower trend line.
visual you can sell at upper trend line while buy at lower trend line.
how will you know the exact top ?
this chart pattern follows abde corrective wave pattern , wave e is the last wave which ends at upper trend line.
we will use fib ratio to get...
Elliott Wave Theory suggests that EUR/AUD might have completed an A-B-C Wave 4 correction with visible Ending Diagonal (and Subwave B Triangle)
Sell Stop is placed upon confirmation that the top is likely in
Breaking down of this Diagonal pattern could see it head lower to complete Wave 5 of a larger Leading Diagonal pattern
Waiting for the break of the ending diagonal of wave C of wave B for a short trade entry. C wave target will be near the end of wave A as an application of a regular flat correction. have a good trade UwU.