FIRST OF ALL, I AM NOT LONG NOW. SHORT-TERM I AM BEARISH. Lol... This is a long-term post, but entry now probably isn't what I'd prefer.
So all of my posts recently are shorts and are very bearish, mainly because they are short-term. Long term I'm still REALLY bullish on Bitcoin. Its going to sky rocket. But skyrocketing in value is pretty dangerous, so if it...
This is low probability (so far) scenario in which WTI is undergoing (short term) a correction (A,B,C). C, could coincide with 0,5-0,618 fib of W1 up (impulse that broke out of the wedge) and thus form W2 with W3 attaining ~ $57.
It will be of utter importance to see the reaction @ upper 52's (and probably a good area to scalp on the long side).
BTT is currently in a correction wave.
Price movement is tight and looks like to be forming a Elliott triangle wave. Looking for a thrust out of the triangle to the upside to finish wave B.
A shallow wave C should follow with support at the 0.00000029-0.00000028 level if we are to see any signs of strong bullish behavior before resuming the...
First time publishing here :) Wanted to add my contribution to the lovely TW community. This is my long term view on BTC USD.
By analysing the Elliott Waves cycles and using FIB retracement, we can imagine a huge fifth wave ending in the 2000-2500$ zone. A lot of people have been asking about what is going to be the bottom for BTC. So far, ve seen...
This is my general theory outline on whats to come next, I expect 5 waves down now to around 3449 to finish B, then upto 4.5-4.8k forming C
This ABC is a corrective wave from wave 3 - wave 4< after this is done we should have 1 final big wave to 2500-2100$ and back up to 5.8K :)
SPY backtested and rejected the channel breakdown.
I will be playing put options and targeting 230.
Posted this in Wave Analysis because this would make a perfect
3 wave correction but with a subdivided 5 wave.
Last SPY put opportunity played nicely.
Wouldn’t it be great to know when to buy some high quality Apple stock?
Well, we can at least ”try” to find out.
We clearly see a 5th wave extension within a 5th wave extension.
Somewhat rare, but surely visible within parabolic moving equities
Elliott wave analysis tells us that wave 3 is often the longest but NEVER the shortest.
I see a great deal of users...
Pls check out my last trading idea bitcoin during christmas,
there you can see what my expection was and how it developed.
With this low volume it takes a lot of time, hopefully volume will pick up during wave 3, currently we are busy making the 2nd wave in this count.
Targets for the...
AMZN bounced from the 0.5 fib level today. Based on Elliot Wave analysis, AMZN could move to mid 1500 to complete wave 3 of the most recent bull run, pull back slightly and move higher to mid 1600 to complete wave 5 and meet a potential trendline resistance. If opening a bullish position, set stop at 1390.
I think bitcoin is now almost starting the c wave of the 4th wave of the A. We could see something like this play out in the coming days.
Volume again is very very low so it could take some time!
Since my previous idea i had to relabel the subwaves, if this plays out i will show the count on a larger timeframe
pls follow me here on tradingview and on twitter for...