Hi traders, we were talking about possibility for BTC to push lower and make some correction in order to gain some strenght for continuation. Right now we are having 4h bearish flag which can push price lower (will post analysis below). I see retrace to trendline and fib 0.618 ( i will only consider that possible drop coming as C wave for buy) Becouse as you see...
If price falls to cca 11.3 it could be a part of an ABC corrective wave, possible 3:1 on B wave before possible drop. Just an idea, not financial advice.
If price falls to cca 103.7 it could be a part of an ABC corrective wave, possible 6:1 on B wave before possible drop. Target set at cca. 129.4. Just an idea, not financial advice.
Hi traders, Bitcoin droped in last couple of days from +41.000, to around 32.000 which indicate strong rejection for me. Can we see price on bitcoin to continue to the downside? I see possibility for Bitcoin price to push lower and retest trend line around 28.000, but if price wont stop there it can go even lower to around 22.000. Anways my longterm target for BTC...
I prefer following a 3-hour time frame to understand the larger trend of the stock. BPCL has completed its wave 2 and its preparing for wave 3 already. Price conformation over 410. Long term trendline breakout at 410 and its currently respecting its fibbo levels. Price targets are around 521-540 next move :) The trendline needs to be respected for this view...
DMI: Weekly dominance before a 4th wave. Stochastic: on bottom starting a cross. If Neo can consolidate over the Weekly 20 EMA ($15.9) i see a good entry with good R/B. SL: over 50 EMA ($14.2) 1ST TARGET: 0.618 FIB ($23,7) +46% Adjust SL 0,236 FIB Ret ($20.5) Securing +26% if stop going down entry over 100 EMA . 2ND TARGET: 1 FIB ($30.1) +86.67%
DMI: Weekly dominance before a 4th wave. Stochastic: on bottom starting a cross. If Neo can consolidate over the Weekly 20 EMA ($15.9) i see a good entry with good R/B. SL: over 50 EMA ($14.2) 1ST TARGET: 0.618 FIB ($23,7) +46% Adjust SL 0,236 FIB Ret ($20.5) Securing +26% if stop going down entry over 100 EMA. 2ND TARGET: 1 FIB ($30.1) +86.67%
#Vechain #Eliott waves We expect an upcoming rally after the end of the correction of wave 4 Stop loss : 0.00000091 satoshi Don't forget about risk management Please support the idea by pressing the Like button
$370 is last target of wave B
macd in negative territory indicates an ongoing negative trend - MACD divergence update wave ì unfolding - if impulsive wave i ended at 1.1753 - correttive wave ii is ongoing with 1.1912 target
The speculation and the hurricane season should be finished. Eliott pattern is also done and there is a nice bearish divergence. Target 2.20
Hello everyone, I drew a parallel downward channel as well as a suggested Elliott wave, Need your opinion and comments Thank you
Elliott Wave analysis of DOW JONES INDUSTRIAL AVERAGE . Please click the like button if you like the analysis . More updates to come .
After forming a new L.H and testing 50% of the fib we will be looking for a new L.L into 1645.00 (gain: 500 points) Stop loss: 1708.00 (150 points) RR: 1/3
zig zag is practically confirmed 3090 this week! lets see it!
very clean zig zag, probably the cleanest chart in the stock market i have worked on.. maybe implies a test of the lows for many stocks. think it has room to the upside for the few more weeks tho! only looking to build a short.
3500 before election, then another major correction, 30%+.. think volitality will stay high, too many shorts. Thats is why i have it basicaly staying at this pace that we have been at.As long as donnie doesnt do anything insane, stock market run will continue! i will post on my twitter if there are any violations as well as other plays. @jayeliott_