CryptoWaves

CryptoWaves

Silver smashing through multiple DARVAS levels on the weekly with momentum swinging upwards. If you need more reason to buy, I don't know what to tell you. Wave 3 up ladies and gents. Next stop $100.

CryptoWaves

Parabolic SAR dots are showing bullish on the one week and green, red, and blue bars (Grab bars) are showing green on the weekly, therefore I am looking for a buy signal on the lower timeframes like the one hour for a buying opportunity.

CryptoWaves

The Russel 2000 has broken through a long standing Darvas Box resistance level (yellow horizontal line) on the Weekly chart. This has formed a rectangle base in the Russel 2000 with a 23% gain price target , calculated with a 1 to 1 upward move from the top of the Darvas Box resistance level to new highs on the Russel 2000. This is not investment advice.

CryptoWaves

Tezos (XTZ) is in a potential Wave 3 up move off the low it made a while back. The wave 2 pullback was nicely contained and now momentum on the daily chart looks primed to pop upward.

CryptoWaves

My price target for Silver is a conservative 1.62 * P1 extension, at $106.

CryptoWaves

Bitcoin price has reached the 61.8% retrace of the wave P3 move. This level is a good candidate for the end of the Primary 4 (P4) wave pullback that is currently taking place. Will add more commentary about this idea tomorrow, hopefully.

CryptoWaves

After an impressive move higher today, Bitcoin has found the top of wave iii of (3) at 17171 on Bitfinex. There was quite a bit of divergence between GDAX, Bitstamp and Bitfinex today, so it's difficult to estimate where wave iv of (3) will retrace. Regardless, I have a target for wave iv of (3) between the 23% and 50% retrace of the wave iii move. These retrace...

CryptoWaves

Here is a rough outline of my current Elliott Wave count for Bitcoin on a smaller timeframe. Currently in Minute wave (3) of Minor 5. For the longer time frame count, please check the linked chart for my Daily timeframe count.

CryptoWaves

For full commentary and details of smaller timeframe counts, please refer to my blog post at the link below. cryptowaves.com

CryptoWaves

For full commentary, please see my recent blog post: cryptowaves.com

CryptoWaves

For full text on the count, please see the post on my blog. cryptowaves.com

CryptoWaves

Please see my blog post for full commentary. cryptowaves.com

CryptoWaves

Quick Daily chart update, with the decisive move above the wave 1 - high, Bitcoin price is currently in wave 3 - move.

CryptoWaves

Refer to my blog, linked below, for full commentary on the count update. cryptowaves.com

CryptoWaves

I haven't posted an update in a while. Here's a quick teaser of my review of the wave count. Please check back tomorrow for full commentary on my website. For now, the text on the chart outlines my current thinking. Buy the dip once it dips more, essentially.

CryptoWaves

Please see my post on Cryptowaves.com for commentary on this chart. Any questions or requests for clarification on the count can be left in this TradingView Idea, or on the website. cryptowaves.com

CryptoWaves

A quick update to my wave count posted about two months ago. I modified the timeline of the labels - price targets remain the same. The sideways movement lasted longer than I had anticipated. Price stability in the low 400s area created a nice base for the recent rise in price. Review the old post on cryptowaves.com for detailed commentary. Note that I changed...

CryptoWaves

The momentum squeeze on the BTC daily chart has finally fired to the long side after over a month of waiting.