After a long time I have decided to make a new video analysis, covering some of the charts on cryptocurrnices that suggests to me that bears are not done yet.
There is a slow price move, a lot of triangles all over the place, so new lows may occur as contracting range can represents a continuation pattern.
Also, there was some nice rally on ...
Today I bring you somber news crypto nation,
Bitcoin 0.33% has officially completed a 5 wave elliot cycle and now must, much like the prodigal son, return home for a needed rest and by rest I mean an ABC elliot wave correction.
According to what I was able to find on stockcharts.com typically an ABC terminates around the end of previous wave 4, note this is ...
Possible path (imo the most logical) volume is low and bitcoin is very slow in correction waves especially when it is in the weekend.
This correction would fit in nice in the bigger picture. pls also check my wxyxz correction i charted in august.. press play and enjoy.
I will put the link in here
Hi guys , i managet to get the count out of GBPUSD aswell and it seems like the decline is over on it , i expect a mid-term advance to complete the corrective sequence upwards before another major fall.
Watching this upward channel
counting a potential 1 - 2 EW
Identifying the bull/bear cycles
if $5900 fails this count would be invalidated
If we get a impulsive 3 wave here that would be a really good sign
bots seem to be accumulating right now thinking bullish because everytime we get a panic wick down we see buying pressure come back in full force so this ...