If it's true, ONTBTC has completed 2 wave with WXY pattern. I think 3rd wave can start from around here. In 5minute chart, ONBTC going up with flag patterns. New flags can be occur.
Currently I don't give any stoploss or take profit point. But 3rd wave's possible target is around 0.00075 - 0.00080
Note: Please do not open any position with...
Again we have a LINKBTC Elliot study.
Unfortunately, previous study have stopped. So you have not already opened an position, right?
I think, first wave of biggest degree impulse is Leading diagonal, and its finished.
We are currently in correction stage and I think A wave is also leading diagonal. B wave is also finished and we are performing 4.th...
First of all, I am not an elliott expert. So, you should not open any positions with this analysis.
If my analysis true, I am seeing an ending diagonal at 5.th wave.
Ending diagonals can be seen at 5th. wave of bigger degree motive wave, or C wave of bigger degree of correction wave.
So as you can see in the chart, I am expecting a rise before a big...
First of all, I am not an expert. Please do not open any position with this analysis.
I am seeing Head And Shoulder in 15M chart. If this is true, target will be around 7000-7100 $
Stoploss: Around 7400$
Important: I'm not Elliot expert.
This study is for only trying to improve knowledge of elliot wave principals.
It seems a previous elliot cycle has ended and new cycle starting.
First wave seems like leading diagonal like LINKBTC (you can take a look my LINKBTC analysis)
I think LINKBTC is in B corrective phase and in near future it will enter C corrective phase.
I'm not sure exactly in which point C wave ends, but sure it will fall.
After completing C corrective wave, we can talk about how much rise it. I think this 5 wave pattern is leading diagonal, and first part of the bigger 5 wave impulsive pattern.
Appearently, XVG is robust on the trend line and continuing it's rise.
Currently testing 0.786, may take some time, but after this fibo shows
first target around 0,00038
who knows may be second target will come around 0,00060 would be fantastic :)
Of course, this is not investment advice exactly!