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diamond top to tis years lows to 32.50 to 33.50 range. first sign that pattern will break is swing high not reaching pattern trendline we can confirm that tis is swing high from oscillators both are pointing down.
After confirming a symmetrical triangle, the upside target for ETHBTC is around +40% from an upwards breakout to approximately 0.09 for new multi-year highs. The downside target is -32% back to previous resistance and volume support level. While ETHBTC remains in a longer-term bull trend, the likelihood of a break to the upside is more likely, given these...
The chart shows a descending triangle, with a breakout. The breakout yesterday and today, have been on strong intraday volume. A measured move can be made by adding the height from the double bottom (purple circles), to the area of the breakout. Using the green arrows to represent the potential move, which takes us to $152 approximately. Which is coincident...
Amazon has been consolidating for almost 10 months. Today's news of a big beat on earnings and guidance has taken us to the top of the consolidation range. It is a classic move for stocks that have been consolidating for a long time, to make a strong move upward before consolidating again. Making a measured move from the last time it did this, we get a potential...
It is a common move for stocks/ETF's that have been consolidating for a long time, to make a strong move upward before consolidating again. Amazon has been consolidating for about 12 months now. Breakout is with 100% more intraday volume, than its 10-day average. Targets Target 1 is a measured move by drawing the 12-month consolidation period. Target 2 is a...
As i posted for ETh, the current bearish pennant target for BTC would be 30200 (2.618 fib) IF (and only IF) the upper trendline doesnt hold. Entry would be below 618 fib TP 30200. Happy trading!
bearish pennant target as well as overall .786 fib level... we will see, trade safely :)
A close (at least 15min) below 1998 (.618 fib) could bring ETH to its current micro tf bearish pennant measured move at 1840, which also correspond to 2.618 fib extension. (sorry i realized that my 0 fib is a bit too low right now, 2.618 should bring us to 1840.) Trade safely, cheers
18/Jun/2021 08:14 AM AUTHOR: Brandon Gum -- Measured move target. Should see whole sector participate. ======================
Showing some trendline support along with measured moves hitting on the short side. Next leg up is a decent bet with the angles of the trendlines still green and the market in oscillation. It is important to realize that in an oscillating market, measured moves hit all the time. Should a solid and lengthy trend develop, the MM's will fail with price blowing past...
15/Jun/2021 08:22 AM AUTHOR: Brandon Gum -- There seems to be some rotation into growth possibly under way. If we continue to see this inflow this name will perform well. 2 stop loss trade mgmt here, marked in pink. Measured move target. ======================
Bitcoin is in a down trend goes to the price of 22,000 (goal 1) Goal 2 bitcoin is a bit impossible (target 2)
Guys I have cleared my charts and had a simpler look at Bitcoin from an Elliott Wave perspective, with my limited knowledge and have come to an analysis of what I anticipate as a result of the more recent price action. Bitcoin has completed 4 of the 5 legs of the bearish triangle. ABC and D Legs have been completed and we now wait on the E Leg, which is taking...
Just an idea. Not saying it's going down like this, but looks a lot like Dec 2018, twin peaks, second rally slightly lower high; see what we get Friday. Clearly need to be cautious going long at these high prices, 4238 may well be the ATH. pure guesswork now IMO. Not advice; trade with care, GLTA!
SFP has been accumilating and is soon closing in on a break out of the apex for a 50% measured move . I have done a FIb Ext Pull to give us some potential targets to the upside and down although my bias at the present time is bullish . Just to note that BTC can destroy these setups with ALT coins very easily when volatile so pls have an idea of how BTC...
Wow... no limits it seems for tech. So, get on board and set your sights on these targets. B3_MEASURED_MOVES ~ SCRIPT BETA TESTING ~ avail-soon ~ cheers! d^.^b
Copper has a healthy stair-step trend, with mid-term consolidations after big rally's, as drawn in chart. We are about to make the measured move which I projected in my last chart on this ETF, at this point I expect we could enter a period of consolidation. Risk Management I will tight my exits to the 5-day moving average once we complete the measured move....