Hey guys, Hope all is well. Bitcoin is still trying to find a support, but I think that whenever the price and time of two pullbacks are similar then we should pay a closer attention to it, because most likely the sentiment is also very similar compared to the previous cycle. However, confirmation that we are back in uptrend would be above 33k. Also, lets not...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
3D bullish divergence Previous post: Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but...
As per my previous HEW count of ETH, here I bring you my updated count of the Bitcoin structure since inception. I think we're seeing the very first cycle correction since birth, but given confluences between ETH's structure and Bitcoin's, I believe it won't be able to crack the 2020 covid low. After the correction is over, which frankly could take years, the sky...
Projection is based on Elliott wave analysis. Time expectation is 1-2 years. I have a slight hesitation with it potentially making one last top as per black line. 57 is the level where I would exit most of the position
Greetings to all. I expect USD/JPY to decline in the short term. Disclosure: This article may not take into account all the risks and catalysts of the assets described in it. Any part of this analytical article is provided for informational purposes only, does not constitute an individual investment recommendation, investment idea, advice, offer to buy or sell...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo trading evidence. We...
Price action and chart pattern trading setup > Elliott Wave Projection - possible end of correction ABC > Upcoming trend reversal pattern - inverted head & shoulders > Entry @ Neck line breakout > 1st Target TP1 - SMA200 and TP2 - previous Wave (B) position > Stoploss @ head position > RRR: 2:1 > Indicator: MACD bullish divergence Always trade with affordable...
Projection based on Elliott wave analysis. This outlook is for the 12-24 months ahead
Down or more sideways? Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave and algo technical analysis on a daily basis for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn subjectively but backed by solid algo...
This analysis is only a personal analysis (Update 12) Notes: The previous analysis was done without considering the extension of the 3 minor wave. The analysis is the same, but the price targets have changed and the same time targets stand. Do not be deceived by the positives ahead. We have another minor step ahead and money back to our three-year channel. There...
Looking for feedback and tips on this BITSTAMP:BTCUSD count. Also see my bullish count below.
I'd love some feedback on this count Potential double zigzag in play on COINBASE:BTCUSD
Price action and chart pattern trading > Elliott Wave downtrend projection with an ending diagonal pattern - possible breakout with one more final downtrend wave C minor > Potential reversal @ SMA50 breakout of local trend correction wave and confirmed trend reversal once breakout of Elliott channel of global trend > Indicator: MACD bullish divergence signal >...
Now bitcoin is in corrective movements. According to Elliott, it is in the dominant zigzag pattern. Any growth in this pattern is an exit opportunity and somehow a rest for further decline. After completing 5 waves of wave C There are two predictable scenarios First, the continuation of the correction. In this case, this coin will grow during three main waves, and...
The inflation situation right now impacted to Indonesia Stock Market, yet I think JKSE will eventually moving to a bear trend. My personal view using elliott wave, JKSE will reach the area of 6050 - 6236 sooner or later. DYOR
if wave 3 support breakout is wave 5, my plan waiting confirmation wave 5 for long term trade i hope it works :D