Acel

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About me My ideas represent my thoughs ONLY and they are not financial advice by any means.
Online Joined AcelCrypto
Not every idea goes public, huh. https://www.tradingview.com/chart/BTCUSD/h57NZMNd-Crypto-Index-at-resistance/
Markets Allocation
81 % cryptocurrency 10 % stocks 2 % forex 7 % other
Top Mentioned Symbols
BITFINEX:BTCUSD 11% | 5 COINBASE:BTCUSD 9% | 4 ETHUSD 7% | 3 ICXBTC 7% | 3
Acel Acel ICXBTC, 240, Long ,
ICXBTC: ICX/BTC - Setting up for a long
603 6 14
ICXBTC, 240 Long
ICX/BTC - Setting up for a long

There is a cluster of fibs around 3.3k sats on ICON. Bullish divs on oversold areas provide more confidence for a long set up at those price levels. Pitchfork channel support also (1.5) -got tilted on the published chart but its kinda visible on the pic below. Detailed count: https://www.tradingview.com/x/AS2qVsa3/

Acel Acel EOSUSD, 240, Long ,
EOSUSD: EOS/USD - Reversal is here
1032 17 17
EOSUSD, 240 Long
EOS/USD - Reversal is here

EOS is again ahead of Bitcoin, showing early signs of trend reversal and entering a potential 3rd of the 3rd of the 3rd wave. https://www.tradingview.com/x/1nPm3nzv/

Acel Acel ETHUSD, 120, Short ,
ETHUSD: ETH/USD - Short opportunity
1114 11 17
ETHUSD, 120 Short
ETH/USD - Short opportunity

Incomplete corrective structure with no volume on the bounces favors a short term short trade. WXY lines in better -for now- since there are ABC corrections of a smaller degree. Alternatively, its a leading diagonal with a deeper correction.

Acel Acel LTCUSD, 240, Short ,
LTCUSD: LTC/USD - Down to double digits but 150 first?
688 13 13
LTCUSD, 240 Short
LTC/USD - Down to double digits but 150 first?

I have been watching this chart for a while, trying to figure out a potential count. Lots of fibs point around 85$ area but the current structure seems incomplete. Instead of waiting to see it complete and then post, i decided to yolo it. What could go wrong?!

Acel Acel BTCUSD, 120, Short ,
BTCUSD: BTC/USD - Step 2: Wipe the LONGS
3444 82 42
BTCUSD, 120 Short
BTC/USD - Step 2: Wipe the LONGS

We are almost getting there, before some serious uptrend, but its not time yet, IMO. Earlier today we had a very impulsive move, it was expected by a few, thats why it happened. The market doesnt follow the crowd. "But, we are reversing". "Soros will drive this down to 5 4 3 2 1 game over thousand.". "This is the correct trendline not that". "We are here on this ...

Acel Acel EURUSD, 1D, Long ,
EURUSD: EUR/USD - Almost there !
277 0 9
EURUSD, 1D Long
EUR/USD - Almost there !

This is the first and probably the last fiat currency chart i will post. What can I do? I got triggered by one of the promoted posts on tradingview's twitter feed. This thing is too easy, cant be more textbook Elliott Wave Theory. I tried to make it as educational as possible, dont use it for trading advice, although it will get there. :) *Well, idk if "thrust" ...

Acel Acel ETHUSD, 240, Long ,
ETHUSD: ETH/USD - Stronger than Bitcoin. Is this a sign?
1908 3 25
ETHUSD, 240 Long
ETH/USD - Stronger than Bitcoin. Is this a sign?

Just like Bitcoin, Ethereum is close to bottom or already reversing. Its more like 50-50 on Bitcoin, but here it looks like 65-35 chances of reversal. Expecting some HH in a form of leading diagonal and a deep retracement before some real bull momentum. Otherwise, it has one more leg down to ~300$. https://www.tradingview.com/x/s1OEzNr2/

Acel Acel DJI, 60, Long ,
DJI: DJI - Your last chance to short it
728 4 13
DJI, 60 Long
DJI - Your last chance to short it

Currently on a flat ABC correction for the X wave. Its kinda early to be sure if this is gonna be an ending diagonal + truncated C wave or an impulsive one. The current structure favors both scenarios so a short term uptrend is expected. As long as it doesnt make a HH than point 1, its on its way for the 5th wave down. Fib ratios do favor that count but its not ...

Acel Acel FB, 1D, Short ,
FB: Facebook - Dont lie when you are overvalued
433 2 11
FB, 1D Short
Facebook - Dont lie when you are overvalued

Expecting one more wave down for the A wave to complete. Alternatively its a 3-3-5 correction and moving up for the B wave.

Acel Acel XAUUSD, 240, Long ,
XAUUSD: Gold - Extremely Bullish
697 6 14
XAUUSD, 240 Long
Gold - Extremely Bullish

Gold is about to finish the triangle 4th with a smaller triangle on the E. Expecting a huge bounce after mid May. Alternatively its a normal ABC for the E and it has already bounced. Potential target by the end of this year (approx). https://www.tradingview.com/x/CbQPnjsV/

Acel Acel NVDA, 1D, Short ,
NVDA: NVIDIA - "Bitcoin is a bubble"
503 10 13
NVDA, 1D Short
NVIDIA - "Bitcoin is a bubble"

I dont think there is something to add on a chart like this. Best case scenario its gonna have an irregular ABC. Farewell greens.

Acel Acel TSLA, 1D, Short ,
TSLA: TESLA - One more wave down
409 7 13
TSLA, 1D Short
TESLA - One more wave down

High chances for one last dive for TSLA. There is also a chance that it has a completed WXY 2nd wave but the waves seem impulsive, thus being an ABC. Fib correlations and low volume node around 240 $ , also pitchfork channel support.

Acel Acel BTCUSD, 120, Long ,
BTCUSD: BTC/USD - Are you not entertained?!?
4813 92 49
BTCUSD, 120 Long
BTC/USD - Are you not entertained?!?

10 reasons why you should own Bitcoin! Sell your camel now, or you will miss the moon trip! Insert no clickbait title here! Views, views, likes, likes!! Alright, back to the things that matter. Complex waves once more on Bitcoin, she is playing difficult one more time (yes its a female, its obvious). The majority of the alts have already started their first ...

Acel Acel XAUUSD, 360, Long ,
XAUUSD: Gold - Taking out the early shorts 101
473 0 9
XAUUSD, 360 Long
Gold - Taking out the early shorts 101

There is a slight chance that its still inside an ABCDE 4th. There are so many shorts based on Gartley patterns. Let's go with the minority, shall we? Its still going up after some pullback. So its either up->down->up or down->up->up

Acel Acel O, 2D,
O: O - I have nO idea what this is
479 2 11
O, 2D
O - I have nO idea what this is

Alright folks, this is not crypto related. Bitcoin is quite boring lately and i though of giving the stock market a shot. EWT theory is a great tool. Its NOT a crystal ball, but it helps on finding potential paths for the next move. Combine it with fibs and you are half way there. You should always adjust your view as new data comes in and never tunnel vision on ...

Acel Acel ETHUSD, 720,
ETHUSD: ETH - Simple correction or slow sell off before the black swan?
2164 12 11
ETHUSD, 720
ETH - Simple correction or slow sell off before the black swan?

I have been watching BITFINEX:ETHUSD from time to time and i could not understand its movement. Fortunately, it made a lower low and now we have same potential paths for its next move. Now, i never trade based on news, but recently Vitalik posted a tweet saying that cryptos could go to zero at anytime. Well, "well done Sherlock!!" you might say without even ...

Acel Acel BTCUSD, 120, Short ,
BTCUSD: BTC/USD - Its not done, yet !
2664 55 31
BTCUSD, 120 Short
BTC/USD - Its not done, yet !

Complex waves once more on Bitcoin. There is no sign of bull here yet, just a bear's playground. To be honest i was expecting this to touch 7.5k or 8k before a serious bounce, but "someone" else with a much bigger wallet and brain capacity was expecting it also and he decided to play along just a little more. Seems like it has already started while i was working ...

Acel Acel ENGBTC, 240, Long ,
ENGBTC: ENG/BTC - Chance of reversal while its approaching solid support
553 2 9
ENGBTC, 240 Long
ENG/BTC - Chance of reversal while its approaching solid support

Enigma is following the same trend like most of the alts, chance of reversal here while its approaching the 0.786 level and strong fib extention targets.

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