Fellow TV traders, I believe we have started the 5th wave of the cycle and we are either currently in subwave ii of the 5th of subwave ii of wave 1 of 5th wave up. This whole count will be invalidated if we break below $354. The weekly chart looks encouraging and I expect some bullish action in the near future. This is not trading advice. Good Luck
Good Morning Guys. Before I start this TA let me say I am a novice trader but I like to educate myself and learn. I am a physician by profession(forced) but I always wanted to be on the wall street (still dreaming). I have read countless TAs in the last few months, good and Bad both. Most are dictated by emotion or are investment biased. A lot of people have...
I love this coin and I hope It takes over XRP real soon. It looks like we are about finished with Wave 4 correction and currently in subwave 2 of greater wave 5 which has the potential to go above $1.00 or may be more. We are currently forming the handle of a Large cup formation. The handle can also be seen as the right shoulder of a large Inverted H&S. The...
Eos has finally broken the downtrend line from ATH. Need to close above it now. Bullish MACD crossover on daily and 4h. Price has moved above Ichimoku cloud as well. Target being cautiously optimistic is still 18$. I have observed a lot of accumulation as well as distribution over the past few days so the signals are confusing. Also expecting a dump after main net...
ETHUSD daily chart is looking a lot like BTCUSD chart from March onwards. If we follow the similar patterns from BTCUSD, I believe we are going to form a double top around $840 mark and then fall back to the $550 mark at the upward trend line from July 2017, if we happen to break that trend line the picture is very gloomy. The wave analysis is subjective so I have...
Everything is in the chart. It is based on the assumption that April 28th high was end of wave 5 and we are now following the fractal of the previous high. Idea will be invalidated if EOSUSD crosses 18-19$ and that will possibly mean that the current high was wave 3 and current correction was wave 4. Good Luck