About meStudent of Ralph Nelson Elliot, father of the Elliot Wave Principle.
I have been trading the markets since 2012 specializing in Elliot Wave Theory, RSI, MACD, Price Action, and Level 2 analysis for entries/exits.
HARMONY is a solid blockchain project with one of the fastest, cheapest, most secure and energy efficient protocol out there.
Recently broke out of a huge triangle and is attempting a Supercycle Wave 5 to $0.30
Buy zone: 0.13
Stop loss: Below .10
Take profit: .30
We had a strong retest and bounce off .382 retracement at $10 today. If we manage to hold outside this channel we could see a 50% move back to up recent highs at $20.
End game goal is $30 for a potential 130% swing opportunity
Recently getting pumped on WSB so the volume will be there. Stop losses under $9
MANA recently broke out of massive bull flag. We're currently testing the .618 zone at $1.03 if we can hold here I'm expecting another Impulse Wave up to $1.42 level
Great long-term project as well in the crypto gaming space.
ENJ recently broke out of a massive channel and managed to touch the 1.618 @ $2.30
I believe this is the 5th Wave and after some consolidation we could see another jump to the 2.618 target @ the $3.50 level for a potential 80% gain
Buy Zone: $1.87 - $2.00
Stop Loss: Below $1.50
ICX has been on a tear lately with the recent jump ETH had.
We broke above $2.00 recently for the Wave 3 and I believe that we are accumulating for a potential Wave 5.
First target is at the 1.272 extension @ $3.00 and second target is at the 1.618 @ $3.68
Link to my previous idea below.
ALGO has been on a tear lately. After testing the .382 retracement zone at the $0.86 level, we have seen a strong recovery to $1.20
If we can break above the .618 zone and hold above $1.25 I can see a potential set-up here to $2.88
SOLUSD has been on a massive run lately and recently broke out of a bullish triangle.
We can see a potential 50% swing set-up to $22 zone if we can have a strong close above $14.60 today
Target is taken by taking the extension of the 3rd primary wave at the 2.618 extension.
Stop losses below $12
XLM is setting up beautifully for a potential 1.618 extension to the $0.84 zone.
We saw a huge dip yesterday when BTC corrected and it bounced beautifully off the .236 zone at $0.319 zone
If we can test the 0.382 zone at the $0.37 level we can see another bull run for the 5th wave target @ $0.844
DOGE has been on a WILD run last couple days after the huge influx of new retail traders in the crypto space.
What a time to be alive.. congratulations to all those who were smart enough to take some profit during this insane week filled with golden opportunities.
If we can hold 0.05 level today I believe that DOGE can make another run up towards the 0.100 area...
After the brutal beating AMC took from the shady hedgefunds, we found a decent support at the .382 retracement zone at the $6.50 zone.
With all of the hype and momentum behind this stock along with GME, I can see this extending to the 1.618 extension which is sitting exactly at $100.
Expect some high volatility in this trade so I suggest using wide stop losses...
Huge fan of ICX's team and their fundamentals.
Technical analysis using Elliot Wave Count with fibonacci extensions gives us $1.09 as our 2.618 target.
Potential Swing Entry @ 0.50 - .52
ADA is breaking out for an extended wave 5 . Assuming we topped at $0.27, we can find an entry for a potential long to the 2.618 extension of the primary wave at 0.33.
Stop Loss: 0.195
Gold has recently broken out of a huge downwards channel. If we can test the .618 retracement level and hold strong close, look to enter to $2,000 area.
Stop losses at invalidation of Wave 2 at the 1760 level.
Good luck :)
DOGE has recently corrected off the monster run last week and seems to be attempting to break out of the bearish channel.
I like this play at the .5 to .382 fib zones for buy zones and my red box as the area for stop loss.
NIO is heading towards $53 . My first target of $48 was hit today. Sorry for my followers who did not get this alert ahead of time.
Use my dotted lines to ride the trend and use proper stop losses.
Stop Loss: $45