BTC developing potential 5th Extension Terminal Impulse.
All of finished Waves-i / ii / iii have corrective behavior and they are divided into :3 segments structure. This pattern usually occurs in Wave-C.
If this scenario is valid, the last 5th Wave would lead us to $4400 mark.
This pattern is usually followed by the price decline. In this case it should be...
Based on current price action, I re-counted my ABCDE Triangle Idea.
There is a good chance, that Wave-D hasn't been finished yet. In that case, the Bitcoin will re-test $3300-$3200 before goes significantly upward.
If you like my TA, pls. hit that "Like" button, follow me or leave your comments.
I have been watching this shitcoin for last few weeks. Imo NPXS is getting to be ready to popp.
A) We have strong support between 10-12sat. This support was successfully re-tested a few times!
B) Volume profile in last few weeks.
C) One of the cheapest asset on Binance.
I'm looking to pullback to 15-13sat to open more longs.
If you like my TA, pls. hit that...
ABC Correction is mostly done and we should make profits soon!
Currently XEM is bouncing significant support zone marked by previous low. Also, near is 1000sat price zone which i consider as a strong psychical support.
If you look in more detail to Poloniex Order book, you will find a lot of buy walls slightly above 1000sat. Imo, good sign of new...
This is what I'm seeing for bitcoin as a last chance for the bulls. $3250 is an area I'm eyeing to complete current corrective Wave-B and then should Bitcoin should take us above $4000 as a motive Wave-C of current ABC correction. Current pattern looks like Ending Diagonal.
Strat is developing ABC-Correction now and it will be followed by the next upward trend. Target 8000sat.
If you want to ride this wave:
a) Buy now (risky - probably retest 3000sat again) and set up stop loss below mentioned price.
b) Wait for 4000sat breakout (more safety).
If our target is 8000sat, aprox. 100%, Does it matter if we buy at 3000sat or...
EOS performing potential impulsive Wave-I, but regarding to drop below 78,6% (is not charted) it's Corrective Impulse Wave.
If you like my TA, pls. hit that "Like" button, follow me or leave your comments. Thank You!
After the BTC had been rising a several weeks, finally Correction began. Now, it seems that XEM successfully finished Impulsive Wave-I and Zig-Zag ABC-Correction is developt.
If you like my TA, pls. hit that "Like" button, leave your comments of follow me. Thank You!