This is a zoom of the handle of the pattern in formation after finishing the cup.
Possibly we enter inside a channel by the approach of the Bollingers and then form the wave B (impulsive) with those possible targets.
We continue in the fourth and final phase (consolidation) to then correct B with the formation of C ...
Being one of the top 10 currencies in the market cap ranking, NEM /XEM: slow, gradual and progressive is showing a bullish trend, rising 70% in 6 days.From 2862 to 4795
Now after forming a double top pattern is very likely to perform a retracement, ideal to become super long in this crypto that did not show even a ...
By forming an ascending triangle pattern and through the Elliott's waves and retracements levels within it, if it breaks now it is very likely that it will fall on being overbought and not be a good deal. If you perform a retraction to the E wave, prepare for a breakout of magnitude.
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The pattern of the cup is already formed, completing the first three phases.
Currently the BTC is in the last (the consolidation/4th phase) always in the forming part of the handle to conclude with the corrective waves B + C and then the possible and most likely breakout of the resistance formed by the cup.
To all, excuse me.
I was a few days analyzing the waves and I made a mistake in marking the 5th wave, when in fact it is the 3rd. and still bullish.
This gives us much more room for a growing BTC.
Again apologies and now I will expand to make it clear where we are located.
After forming a ascending triangle, XMR destroyed the pattern to show its strength and its bullish north.
Keep long, this is just the beginning!
Down my xmr´s previous charts.
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The new year starts memorably for bitcoin and all believers.
1 BTC: USD 1000.-
However, bitcoin price in China is already above $1000 in its equivalent in yuan, with trading price streak beyond 7,100 yuan (approx. $1022.35). A few exchanges, including the likes of Coinbase and Bitfinex have notably seen price cross ...
You can enlarge the chart to see the waves well with the + button on your platform.
I hope I have done well the count. If so, the 5th wave and impulsive would be finished.
The question is whether the technical analysis prevails over what is fundamental in this case?
Below I will paste a chart with a zoom on these ...
I think I should be the only one who charts this coin, but finding out, to my surprise we are many believers of its power, potential and future.
It reached the target price, with a growing interest and therefore volume.
I will not tire of telling you that IOC will undoubtedly be one of the 10 most important ...
Going through a correction and a strong accumulation, XMR prepares to give the great blow or to keep us in vilo within a channel by a time until moving in the style of Monero. I say channel (for the Bollingers that are closing day by day)
What struck me most was that the last pump did precisely in conjunction ...
After reaching the target perfectly, doing battle against the BTC rally, XMR after a pump broke the RSI to enter in a overbought area.
Now after such variation the price needs to correct, according to my point of view, forming a bull flag pattern in an uptrend to follow its bull route.
Being one of the coins that ...
Long, but not so much.
Combining the cup and handle pattern with Elliot's impure waves, this could be a possible target by forming Elliot's third wave in those values.
At today's exchange rate:
1 CNY = 0.143971 USD
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Has anyone seen the pattern that is forming?
I know that many traders do not take shadows into account, so I did the same thing. If the "AT works" and if I made no mistake in drawing the pattern, at the level of uSd 854.59 it would be breakout and uncertainty for see what happens.