EWT has been showing strong respect for this trend line that it has reached once again. Expect to see strong bounce around $19, which might be forming ascending triangle. There is not much room left, the cycle is getting tighter. If we are forming ascending triangle AND we break through, target is around $26.
EWT did breakout of huge triangle. Next goal is at 1.618 fib which is about $25. Top 20, here we come.
EWT forming ascending triangle. EWT is is still waiting on tier 1 CEX listing so this could be pre-pump before that happens.
EWT broke its all time high, look for retest of its ath and confirm it as support, that will be our buying zone and will hold it for another 100% move.
EWTBTC breaking Downward beartrend/falling wedge with a strong bullish divergence (1Day) Missed a couple of beautiful entries but now added 50% and will stack on the way down. SL under top of wedge.
Maybe the red (2) is already finished but it's also possible that there is a Y wave to the downside is missing.
Already has pumped 76% in 7 days but whos counting :P. I feel like there is some driving force of adoption or partnership I'm not seeing but with the way this baby skips across the 50 EMA all the time. I can't help but wonder if this graph shows this WOUND UP yet again. I am going to place a small wager with stop loss because I believe its ready to fire one more...
It appears TSLA has just finished it's latest massive move up and is transitioning to a distribution phase. If TSLA cannot recapture the upper $1500 level, I would wait to re-enter. If it does however recapitulate above the $1600 level, it does have more room for newer highs. Personally, I think it's due for a decently sized correction. Potential Re-Entry range:...
I underestimated the possibility of the market needing 3 rather large waves to complete the 5. It appears now we are getting closer, but still has a bit more upside to go. Could also spike above before turning, but in any case this is a terminal pattern. I would NOT chase prices higher here, but wait to short once it confirms.
Current most plausible count. Once you see it with elliott waves, you see it.
I'm making a slight adjustment to my Tron (TRX) EWT count. It appears TRX isn't waiting around for a slightly deeper pullback to complete (2), so it's highly probable we are now in a (3) of W3 which will give us a fantastic run-up in the next week or so. Notice the red vertical time cycle lines and the beautiful symmetry between the subwaves of W1. This...
this idea is a trading concept of Elliott waves trading shows , that the market is on its 5th wave up and would have a correction soon , exiting long positions at this stage is highly recommended
Taiwan index topping out in wave 5 near the upper part of the channel.
9 months ago I posted a long term chart (link below) suggesting the top may be in using a Fib fan (one fan that I have tried where most of the major turning points actually seem to relate to the fan). In that chart I showed another option of continuued up move. That up move which we are in now seems likely to me could go up to the next fan line level which is...
Hey Traders! Waiting for a pullback and completion of wave-((c)) to buy this pair and ride out the continuation. We have already completed an bullish impulse and have ALMOST completed the pullback. There is a chance the pullback is already complete, but the wave count is not concise and therefor I am not buying it due to uncertainty. If we can see a pullback,...