I have labeled my ABCDE correction differently, so this would be my alternative count, and as wave E ends on the resistance line the price is going to go down.
After one big ABCDE correction has been completed we saw a surge in price, after which another correction occurred and it looks like its going to be an ABCDE again. This would mean that short-term the price is going down, but longer term I am expecting the price to breach out of the triangle from the upside.
The price of Ontology has been correcting in a bull flag. I have labeled the correction using Elliott Wave principals and I think this is going to be a WXY correction after which the price is going to surge. An alternative scenario would be if we see another impulse and a correction which would be another X and a Z wave, but in both cases, I see the price breaking...
Looking at the Cardano chart, this is the most logical thing I see. I have labeled two potential bearish scenarios: first in which this is an ABC correction which ends on the 0,618 Fibonacci extension level: and the second in which this is an ABCDE correction within a triangle in which case the target is lower at 190 Satoshi.
As you can see the price of Walton has been correcting like crazy in what appears to be a WXY correction with a three consecutive ABCs. I am expecting the wave B to end on the unconfirmed support baseline in an intersection with the 0.382 Fibonacci level, after which the wave C will push the price to new lows at 0.0012865.
Salt has retested the triangles support line and the current candle is above the 0 Fibonacci level, leaving a retest as a wick which is very interesting. As this was a WXYXZ correction, I am expecting an impulse wave any time soon and a breakout from the upside of the triangle.
From the day it hit the market ZenCash has been in a corrective triangle. I didn't count the sub waves but I am pretty sure that this is a WXYXZ correction judging by the complexity. The price spiked up today by 47% touching the area close to the 0.886 Fibonacci level but fell down quick as it came up. I believe that the price is now going to head down to the...
The price of Gifto has been correcting in a falling wedge, and we are going to see another 2 waves before the final wave E which target is at 0.00002974.
The price of Enigma escaped the upward channel from the downside and is putting a lot of selling pressure on the 0.236 Fibonacci retracement level. When the price crosses it from below and judging by the momentum it probably is, the next target would be at 0.00018617. I believe that this will be a straight drop to those levels, but an alternative scenario would be...
This is more of long-term perspective, but as you can see the price has broken out off of the triangle from the downside and is now interacting with the first support it found. I don't believe that this support line is going to hold this strong momentum, and neither will the next. As we don't have more historical data, I have used a Fibonacci extension to...
After a breakout from the prior triangle, Nuls surged in price. After an impulse wave, the price has been in a falling wedge pattern correcting in a what is likely going to be a WXYXZ complex correction. We can currently see the breakout of the unconfirmed support to the wedge support line which would be a completion of the Y wave. I am expecting the price to...
The price of Storm broke out off of the triangle's support line and interacted with the first support it found at 0.0000043 from which it quickly bounced leaving a wick on the 4-hour chart. I would expect the price to go back to the triangles support line, which would serve as resistance, and then push the price lower to the 0 Fibo level.
The price is located at a very strong short-selling area, rebounding from the key resistance level at 111.1 and near the lower trend line from the high of 2015 also reversing from the top edge of the upward channel along with forming an AB=CD harmonic pattern with overbought on RSI. The price is about to reach the support level at 110.05, then it will be a...
The price of CyberMiles broke out from a cup and handle from the upside, and then went on to continue in an upward movement. Since the price broke out off of the handle it was stuck in a downward channel but has broken out off it in a 12345 impulse wave manner. The price action is currently in the ending stages of the wave 4, so a final wave 5 is about to start.
The price of Factom is currently in a retracement zone, and it went above the zones resistance. An impulse wave is completed so the correction is playing out, and I am expecting the correction to end on the unconfirmed (doted) line which is a support line of a triangle. From there I am expecting the price to go up, as I think that this correction is a wave 2 from...
The price of Substratum is in a cup and handle pattern, and it looks like the handle was a WXYXZ correction in which now looks like its over, as the price fell to the support line which held the price from further downfall. I am expecting a 12345 impulse wave in an upward trajectory.
The price action of Qash has been in a corrective triangle 15.01.2018 and is now ready to pop out. But not before a Z wave from a final correction occurs.
The price of GXS is currently interacting with baseline support line and is below 0.236 Fibonacci retracement level. However, I believe that this will close as a wick and that this baseline support line is going to hold, as it did in the past. I have labeled a bullish scenario which is my primary - in this scenario the price action leaves a wick as it did in the...