ClassicChartist

ClassicChartist

In this example, I've explained the way I like to ride a trend using the stage methodology developed by Stan Weinstein.

ClassicChartist

IF #Bitcoin $BTCUSD completed its five wave up at $5000, then it must correct its entire rise from $0 to $5000! The classic target of this overall correction is the 4th wave low of $152!

ClassicChartist

We can see a possible H&S top pattern in Litecoin $LTCUSD. It seems it has completed a 5 waves rally and now it is in wave C correction. Minimum target is 22!

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A possible completed 5 Wave Elliott Wave pattern in Bitcoin!

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A possible H&S top pattern in $BTCUSD. Is it possible to see #bitcoin at $700 again?!

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Ascending Triangle bottom in Bitcoin $BTCUSD.

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It appears that a huge double top pattern is forming in $APPL!

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After breakout from a 1.5 year downtrend line and then breakout from a 1 year symmetrical triangle and Head & Shoulder patterns, it appears that $BBRY is poised to advance sharply in wave 3 of (3).

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If my wave count is correct, then $FB should start another phase of decline.

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It should decline from here. Target is 1.

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It should decline from here. Its target is 1.

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H&S Target is 38. Wave (iii) target is 38.

ClassicChartist

FB should continue its decline toward $38.

ClassicChartist

$BTCUSD New high above 1100, then crash.

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It seems BTCUSD is poised to turn lower in wave c or 3!

ClassicChartist

BTCUSD is poised to turn lower, if my wave counts are correct.