After more than 300% percent gain during the first wave up, Nano has been one of the best performing coins. A correction just below 0.618 fib level in clear ABC pattern has been completed. The yellow resistance trendline has been broken increasing the likelihood for coming wave 3. First target is around 100% gain at the negative 0.236 level.
The drop today was expected. We have just started minute wave 3. We will take out the recent top and most likely see our next reversal between 2830-2870 over the next 2-4 trading days. Check out all in-depth analysis on my site. Still looking for market top by mid-November above 2950-3000. The wild ride is not over yet.
Alphabet or Google is testing its long-term support-line. A clear break below this support-line will confirm that wave (3) has peaked and a corrective decline in wave (4) is developing towards at least 845 and likely even closer to 708.
in M time frame we can see many complete Elliot cycles, which now we are at the mid of wave no. 2.
after finishing this phase i expect a big bullish wave 3
IT MEANS EURO 0.32% 0.34% WILL BE MORE POWERFUL THAN USD IN NEAR FUTURE. AND USA ECONOMIC trade WAR WILL BE HAPPEN.
never miss wave 3
Ralph Elliot speaking from beyond the grave.... Typically speaking, wave 4 retraces 23-38%. We are on an extended wave 5 of wave 3. Those 2 rectangles are measurements: 1.618 x wave 1, 2.618 x wave 1. Wave 3 typically terminates around 1.618 wave 1 (watch that 3000 area. It may not even reach it, but if it did and hit the top of the 2.618 box, that's a sell all ...
The Cycle Wave 5 top (and Supercycle Wave 1 top) was most probably on the week of the 14th of May 2018 (please reffer to related idea).
NYSE:VALE now seems to be on an Intermediate Wave C which is part of the Cycle Wave A down.
If this count is correct we should still expect Intermediate waves B and C.
Only after Cycle Wave C, the last part of Supercycle Wave 2, ...
The S&P 500 is finally ready to break out and achieve record closes once again. I have identified the zone before the next pullback. The next near-term top should occur by August 23 above 2900. The green box is my starting zone for the top. The black bordered polygon will most likely contain the top. There is strong resistance in this polygon. A short drop should ...
This is our projection for the end of the bull run. Further analysis can be found on our sites. Upcoming events impacting drops are US government shutdown. It would occur on a Monday if it happens. Usually lasts 2-5 days. Expect this to be a down week (Intermediate Wave 4 on chart). US midterm elections. The shakeup possible to rattle stocks is democrat control in ...
watch it boom, if not now. check in 2 months.
looks like it will begin a massive wave 3 up.
fractal box 1 labeled in white, is it time to complete its destiny? and go parabolic? if only history repeated itself....
Fractal box 2 labeled in blue.
none of this happens without volume. so where the volume at?
adopt verge. become family.
Assalamualaikum & Hi Traders!
Key level = 75.27
We are tracking a recognizable setup of wave 3 on crude oil.
Bounce in price for wave (2) is already at 50% fibonacci level compare to wave (1) (declining impulsive movement from 75.27).
Breaking 67.80 will give us indication that wave (2) is already in place.
As for now, my personal view is bias to the downside ...
The S&P 500 is set to drop over the next 3 days. Based on Elliott Wave Theory application. Based on my calculations, the index should bottom out around 2767.51 during the middle of the day on Friday July 20, 2018. This is a quick and slight pull back. We are in the final stages of the 9 year bull market and playing every dip will certainly pay off.
I expect the ...
Hi folks, NANO/BTC again!
Correction time today, but not for long! This is a very different post from last time, but of course in a positive way. Soo, let me begin.
-Few reasons to believe, that NANO/BTC is entering a 5 wave Elliott wave formation(currently on wave 2, best opportunity to enter!):
1. The whole crypto market was in a correction for the past 4 ...
So there's been much deliberation over the wave count. Certainly the drop from 10k has had a few minor bounces, and it is hard to distinguish what is really completion of a wave ... which obviously impacts the wave count. So this morning I switch to Renko bars ... looks clear as a sunny day to me.
Up to now, over the past 2 days, I've been ...
So here's an update on my idea ... some polishing up done, with the new data, but the concept still remains the same. For those looking for a summary only.
- we are likely forming wave E of a triangle pattern (see red wave)
- we are likely in an impulse wave, where wave 3 ends and wave 4 starts (see purple wave).
- the purple line is my highest ...