We find BTC finishing it's 5th wave towards our hard resistance formed since December, forming an ending 5th wave diagonal, starting an extended to 5th to finish off the apex of the wedge. Targets for my short will be $7,980-$7,800
EOS just completed Minuette Wave (i), the second 5 full wave count it has completed in a short few months, during a bear Crypto market. EOS is one of perhaps 5 coins I have seen over the past few months consistently increasing in value. It has shown phenomenal strength against a super negative market pushing higher all along. Currently, it is correcting after...
Multiple cad pairs coming off fib retrace and fib extension measurements that are confluent to their wave patterns. If you watched my Ecad video on my channel, I mapped out a long-term W-X-Y scenario on the larger scale. I suggest you check it out. Right now Ecad is coming off the 1.618 fib extension for a possible wave 4 retrace, which 38% would line up with wave...
The price of NEOBTC has reached the 65.8% Fibo level of previous third wave, wich can indicate the end of the 4th wave. Taking this into account, we can expect the 5th wave to start. The price close above EMA100 and psycological level of 0.010000 can trigger a bullish impulse. This movement can be described as a sub wave of the global 5th wave, the target for...
Wdu think? Lemme know in comments.
I was really curious how DJX might look like this days. So I made this. I hope I'm wrong - so take it with a grain of salt... DJX seems to have completed a Major Elliot Wave Pattern, starting from the 2008 Crisis. It's starting to show signs of a correction. I've put together 3 major scenarios: Starting from best-case scenario to worst-case scenario S1) GREEN...
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ABC correction seems to have finished and first impulse wave has now been completed. Based on first impulse wave we can now get some targets going for waves 2/3. Based on these targets waves 4/5 can be roughly estimated also. To get Resistance support levels (purple lines) : Used Fib retracement from previous rally up to ATH To get Elliot wave wave targets: Used...
Targets 1 and 2 have been hit from my previous TA beginning this C wave. We will be targeting $6,000, retesting the previous bottom a few weeks back. If we get an extended 5th wave then we can target to a low of $4,500 which also supports our 1.618 fib extension. Retracements are very weak which shows strong bearish sentiment.
I believe that Since today this scenario shall be treated ad the main one with a probability around 70%. P.S. Please do not be confused. This is not pure Elliott Wave Analysis. This analysis is based on my fork of Elliot theory. The simplified concept of this fork is published here: plus.google.com
The wave 4, most probably, is not finished yet. This markup confirms my expectations regarding the end of the long-term bull market in US. P.S. Please do not be confused. This is not pure Elliott Wave Analysis. This analysis is based on my fork of Elliot theory. The simplified concept of this fork is published here: plus.google.com
Hello my lovely Crypto-Family! D4rkEnergY is back with a follow up on his bold prediction from yesterday, where he predicted that Bitcoin would reach 15,000 USD before April. Let me just say, that so far everything goes according to the plan. D4 has illustrated all the Elliott Wave counts for you. The Primary, sub-waves AND the sub-sub-waves. So far we had a...
With so little market data it is hard to see the market longterm...there aren't any longterm action or patterns to observe! Still human behavior is human behavior, so we just zoom down to the 4 hour chart. We do know in ANY market a parabolic price action (like we saw with BTC) WILL see a big retracement. It has done that have eclipsed the 61.8 fib and coming...
The larger degree uptrend has already completed wave 1 (impulse in lime green) and wave 2 (ABC correction in red). Soon, we will have wave 3 (the current impulse) complete, which might follow up with a correction (wave 4). If ETH successfully completes wave 3 and then wave 4, we might see a final impulse (wave 5) which will face strong resistance from the downtrend line.
This chart does not include historical Mt. Gox data that predates BitStamp, however it was factored in to this count.
there's about 25-30 % gain during wave 3 of bigger picture. then about double this during 5th:) Again it isn't any of financial advice - it's your money and you are responsible for it. TIPjar BTC: 1kZcUJnJLc2W3BatdjCgiBojJKFK78Xtu
This is pretty self explanatory. I believe the bulls should be slowly accumulating right now. I'm certain they are. I am. We are starting to see long term trends clash. There are several more windows for the current trend to hammer, before ultra long trends get tested. Will the downward pressure be able to hold long standing trends? There are items in the...