DANG! NOICE! Charts have been hitting pretty dang good, MO. Check them out below! So now what? Well with out going into the boring Elliott Wave stuff, lol, pretty much helped with the swing expectations, but here is a target IF IF IF it was a W4 contracting triangle. May expect a higher target depending how this move plays out. 1st thing is 1st, lets see an ATH!
LOVE seeing these long term charts play out so well! Elliott wave FTW, if this is correct, could be seeing some nice ups!
So the 2 time voted "grandma could do better" chart worked out pretty good as described in last chart, it broke the trend line down and retested the previous support where bulls were waiting and bounced 20%! BUT for this triangle variant, its not all sunshine and rainbows though, as things in the market rarely are. Still being cautious as anything could happen and...
Red Path NAILED the Price action, and my previous Elliott wave chart is progress pretty well also so check that out. If you are actively trading this asset, you may want these lines. Moved the level labels around a bit and noticed RSI on the 1 hour has bounced off the bottom, last 2 pivots coincided with overbought oversold areas. Volume still dropping. Green...
The last chart was wrong about the omlu but pretty dang close to catching the pivot point. It broke a yuge resistance area, now it just has to come down and find some support and flip it. Have a bear and bull count on here, not saying the Wave 3 is done yet, the more PA pumps the better, more proportionate, it would look. Holding 38.50 would be pretty huge...
Looking pretty! Pretty good for an impulse up with a nice retrace to the golden corner pocket with some nice reaction off of the larger pitchfork. Bouncing from here would be an ideal setup but a break of the Pitchfork would not be a deal breaker completely. So watching for these bullish interpretations to play out.
Quickie! Elliott Wave could be a couple things, but mostly corrective MO ATM, just one idea on there now. Somethings need to be invalidated and a break of the range would assist in getting a better Idea. But the GEO has been playing great! Going to be watching these with alarms set to see which way it decides.
Base channel bounce, so pretty, MO. Checking some boxes and hitting some MLT for an impulse wave, MO. Have the Most likely target for a wave 5 here, doesnt mean it has to stop there though. Id say the w3 and w5 of the W3 are extended. Would not be surprised if it broke the high a bit and then a retrace followed... but its AXS so I wouldnt be surprised if it...
So converging trendlines and dropping volume, smells like a triangle. The only thing is the internal subwaves are not perfection. So we shall see which way this breaks. 2.30 is the flip area to keep an eye on. MO.
Repost: New: Channel from chart acted as resistance. Fell below a pretty big flipped area and finding resistance on it now. Old: So it rejected from the area in the last chart and is barely holding on to the current support. Looks like the Talon Range is catching some pivots so keeping an eye on this and the support/resistances from my other charts. Also have some...
These are the 2 top contender counts im watching ATM and some clues im keeping an eye out for.
Still working the audio out a bit, trying to find that sweet spot. But a couple set ups and things im eyeing up, hopefully the content makes up for the mouth breathing LOL. Ideas in the vid.
At an area to keep an eye on, MO. Will it follow the alt coin trend or reject?
1st vid, working stuff out. A bit more in depth of the things im looking at for ADA.
Quick look at Holo log. Will be watching to see if these supports hold. Looking good for an impulse in the works, could be an A , could be a 1 of the wave 5 if it completes as an impulse.
Watching this retrace, busting through channel would lean more toward a wave 3
XRP got to the larger structure target and turned... but its drifting and not playing out as an ideal 5...ATM could be doing some 12,12 thing for the 5 of the five but getting a bit sus... unless it drops like a 3 here... 5s can truncate, be diags, and extend, but not typically. The four could be putting in some time still but, its looking a bit top heavy even...