Here is what I am following on BTC currently.
Two bullish patterns are in formation:
- The famous Inverted Head & Shoulders
- An Elliot Wave ascending triangle
Both patterns are bullish are I'm confident that we now have a healthy setup to break the Bear Market.
My Target profit on this setup would be the $7,700 mark.
All the best from the Crypto ...
After a meteoric rise from $150 to almost $20K, the mother of all cryptos has taken a break to cool off its unrelenting moonshot and has been in correction mode for the last 7 months. We have heard news about Bitcoin being dead as the price corrected by 75%. However, these moves are quite normal with most cryptos going through 90%+ corrections on a regular basis, ...
That is more a trial than a solid prediction, so do not take it too seriously.
The pattern as I see it, we are in this upward channels and in a potential spring ( I insist on potential, it could fail anytime).
We are currently testing previous resistance changed to support with lesser volumes of each pumps.
If we are still following the same pattern, I ...
Hey guys , microsoft has a really strong momentum going on , i see there is a correction coming for it , i'll try to find a good spot to long it.
It has a series of extensions on thirds and fifths and very hard to count so i'll have to try few times probably until i get the right guess of what degree the correction is.
After spending a lot of time in this asset ...
Hi guys , i checked this stock and the upwards movement is structured as corrective waves.
Using fibs i see it reached 138.2% of preceding corrective wave therefore i believe it falls soon.
Watch the price action on the green lines , price may struggle to penetrate them in such a strong uptrend momentum.
If the black trendline breaks there will be more room on the ...
Yeahhh, gonna keep this post short. But that little bounce we had from the support line, looks like its not going to be anything we can rely on. A false hope of a bounce if you'd say. Well... Here are actually my 2 main counts. And if we break $6170 before bouncing to a B wave, then it's going to get very very ugly. I've recommended to take profit at the high 9k ...