Get started

EWT

Bitcoin Reversal At $27,500For quite some time now "everyone" seems convinced of Bitcoin prices in the low to mid 20 000's. Some even anticipate lower dips than that. I certainly don't exclude that, buy given how undramatic this break below $30 000 has been thus far, there is good cause to expect a price reversal soon. Here's why. My previous theory of an ABC move is still very much in play - one in which we'd be in the midst of completing the A-wave. As Elliott waves normally tend to nicely coincide with fibonacci levels we can clearly identify that a potential A-wave bottom would align with the 618 fib on the weekly chart. What further adds to this theory is the aforementioned fact that Bitcoin behaves in a "civilized" manner under $30 000, counter to what most technicians had anticipated. Most traders predicted a free fall below $30 000 due to the utter lack of resistance between 20 000-30 000, with the vague exception of ~$24 000. If Bitcoin can remain tidy and steady below $30 000 and not panic, chances are increasingly strongly in favor of an A-wave completion at the 618 fibonacci - which would also align with the support of the descending channel. And, most importantly, when everyone expects Bitcoin to plunge, chances are it won't. THAT'S when we shall look for difficult-to-spot reversals such as this. Our previous B-wave targets here on Trading View stand at ~$46,500.
BITSTAMP:BTCUSDLong
by LongLifeTrading
"the unpopular opinion"i posted this idea way back in march: and i just wanted to touch base regarding this outlook, and how we would potentially get down to the said target. this isn't my primary count, but it was the first one i had ever seen while we were at the highs. take this as you will, and understand that there are so many possible scenarios, that the only possible way to figure out what happens next is to have immerse patience, and to allow for whatever moves to unfold - before confirming any single bias. i am not bearish, i am not bullish - i am neutral as of today, and i will not post another outlook until we have some stronger conviction and direction in the markets. -------------------------- have a blessed monday, and may you attract infinite abundance into your world ⭐
by notoriousbids
2
EGLDUSD - Again Triangle...again correctionEGLD is a crypto that, like other ones is developing a 5 wave triangle after which will fall to end the corrective wave of the chart. If cryptocurrency has on its mind to settle better in world's economy, then all these correction give us the second chance to enter the crypto market on a lower price Thanks to Elliott Wave, I managed to set possible goals for the price to hit after the triangle is forming. On my chart, the coloured letters represent the main wave counting, and gray ones represent an alternative counting way. On the long term these counts meet in the same goal, but for now, there is no sure entrance into a trade. We need to wait a bit in order to enter the temporary bear market, and then make a reversal to bulls
BITFINEX:EGLDUSD
by wescapist
ETH - still needing 1 more wave up?ETH had a huge plunge from the psychological 4k level. That was to be expected, as the RSI on all timeframes (daily, weekly, monthly) was getting into nose-bleed teritorry and needed to cool off. The big question now is - did we start the bear or does the bull still have some legs? Technically we are already in a bear market as ETH dropped about 50% (technical definition of a bear market is mkt dropping by more than 20%). However, is this bull dead or is this just a "correction"? From an Elliot Wave stand point it would seem possible for this big drop to be a wave 4 correction with one last push higher (wave 5) still in the cards. This would also fit quite well the alternance of the waves, as wave 2 was a sideways move, while this wave 4 is very sharp. The invalidation level would be if ETH overlaps the prior ATH from 2018, as that is the (presumed) same degree wave 1. If that happens, then odds are the bulls is dead and this could correct 80-95% as per the prior bear markets. Personally I still think one more wave higher is needed, but I would not invest money I cannot afford to lose or keep locked up for a few years until the next bull emerges. Disclosure: I still have about 20% of my crypto holdings and plan to add in this general area. 2k is a big round number and big psychological level, it might be spiked lower to hunt the stops below, but once it's won back, I believe it would be safe to add.
COINBASE:ETHUSDLong
by alx13
$CDR EWT Analysis - The dip has bottomed?$CDR making it hard for traders with its recent price action. The most obvious would be to call the 5-wave down from B an ending diagonal, but $CDR could potentially face more downside in the coming months since they have a Class-Action Lawsuit on their hands (and maybe other lawsuits on the way). The earnings report coming out in March might also be a flop because of the refunds and removal of CP2077 digital copies from online stores. Consider the following chart as an alternate EWT wave count before buying the dip.
GPW:CDR
by GoldDoubling
EWT Breakout 18$ / Trigger Massive Run--- FUNDAMENTAL --- Energy Web Token is a Cryptocurrency with massive potential. It controls the renewable energy grid, the electrical car charging stations and many other. It has huge collaborations with companies such as: VW, Hitachi, Iberdrola, E-ON, Shell... and many others. The market has a lot to potential and it's not even in the 100 first market cap. Just imagine if Tesla, NIO or any other electric car manufactures announces any deal with them. When this crypto lands in other exchanges it will explode the bull run. Staking it will be available in the next months. It is a low carbon cryptocurrency and being adopted in many countries across the world, even the SEC has approved it. --- TECHNICAL ---- In the past monts it made a beautiful round base before triggering and upside run. Now is consolidating in a triangular shape or making the handle of the cup, as you wish to analyze it. It has also a triple bullish divergence. Enjoy!
Long
by UnknownUnicorn12935038
17
This is my long tem GEM EnergyWebTokenPlease before investing, do your own research and invest money, you are ready to lose, if the project fails. I am ready to take the risks, are you? If yes, then welcome Pare EWT/Bitcoin My targets are shown on the graph, I trade 10% of my holdings, to make it more interesting for me. My final target is 0,0042 or $250 per token and still I will keep many, which is for me, more then %2000, as I had been accumulating from the bottom (0,00018) Project is very promising Energy Web Token (EWT), exchanges to buy: KuCoin, Kraken, Liquid. I am sure once it starts pumping, we will see coibase, binance and many more exchanges listing this GEM! Don't put all of your eggs in one basket, in case it drops. Good Luck
Long
by ArturMemetov