Amr-Fadl

Amr-Fadl Updated 

Tesla seems to be approaching the end of wave 5 up, and soon we will see pattern reversal

Amr-Fadl Updated 

1- H&S possible formation 2- Elliott waves count currently at wave 5 (of C of 2 or 1 of 1), both indicating a potential corrective movement to come next 3- RSI bearish divergence

Amr-Fadl Updated 

It seems that we are in an H&S pattern. There is also an adam and eve pattern for the head.

Amr-Fadl

Well, this Elliot wave count seems to be the most plausible to me because its symmetric in time , price action, and geometry of the cycles.If time shows us that this analysis is close to reality, then we will observe the decay of bitcoin after greed, expectations, and price lands on moon nearing the top of wave 5. Then possibly we could see other coins taking the...

Amr-Fadl

There is a very clear Bullish divergence for RSI and TSI, With a possible double bottom at 6600, only to be a confirmed double bottom with an initial target of 9200 if the price surpasses 7800. That combined with the possible wave count in the last BTC idea I think its very possible that the bulls are on the way.

Amr-Fadl Updated 

Charts are clear that were nearing the top of this impulse wave (5 waves identified, 88 RSI value). TSLA could retrace to the 0.618 or 0.5 FIB level as this seems mega wave seems to be wave 1 for a new bull cycle or it could be a continuation of a channel that started in 2014 (in comments). Anyways time will tell.

Amr-Fadl

I think everything is on the chart, Count to be modified based on how the market is going to behave in the new few weeks. IF it remains as suspected, then were about to witness a bullish ETH behavior for the next months to come.

Amr-Fadl Updated 

It seems that bitcoin's correction wave (2) is near completion, with it starting near the 14k level to 6.5k with an WXYXZ correction pattern. Therefore, on the short term I suspect that this is a possible wave count, if it turns out to be similar to this chart, most likely well be watching the beginning of wave (3) taking us to higher highs and breaking this...

Amr-Fadl Updated 

I think XRP is due for its next motive cycle for the following reasons: 1-Feb's 2nd time zone is over, giving room for the 3rd timezone, when considering the first cycle from November 2014. 2- Feb's 3rd timezone is over when considering the first ATH wave as the first "real" one, including all relatively significant motive waves in its calculations. Also, the...

Amr-Fadl

I think Ethereum is headed towards its next motive cycle for some reasons. 1- It seems to have completed a full elliott cycle over the last year and a half ; therefore the next one shall reveal itself. 2- Feb timezone points that the beginning of the next feb time frame is around November (based on how I drew it on the chart), which supports idea 1. 3- Law of...