ETH is finishing correction but its not over yet, triangle is getting at the end. Possible push out kick.
STEEM allready made a good run 7 days ago. Now allready on new track. Have some good potencial there. 1st run:
TRX is trying to stay alive...we can see some kicking, but there is not enought support to go up. Maybe some power push after 26.1. with BTC in his wings.
After nice correction, NEO made 1. Elliott impulse, about 50% correction and started 2nd wave. Potencial is 12,44%. Entering point: 0.012122 1. Target: $152,11 2. Target: $167,14 RSI for next 30min is in good position.
We are getting to the end of the triangle soon. New posible way out is showing as a result of support line at $10500. If that holds, it could be the way out. If that wont happend, we will see another fall to the next low support line and that should be the final step for new beginings.
BTC did not make a break out. I think that is a positive, because now he can do a big ABCDE correction to the end. At the end of the correction (point E) can fall in a good position. I see here 2 good points. 1st: Correction will fall on the first support line, which is about $8100. If that "defence" will hold, it could happen break out of the triangle. 2nd:...
After big market correction STEEM still have supporter line from 18 days ago. It should be good enough to push some more...
As we can see Tron started his run again. Target is locked, he has enough power to go on. RSI is in nice position.
Rules of Acitionary Waves 1,3,5 and Reactionary Waves 2,4 !!! - Wave 2 must be above statring point 0 - Wave 4 must be above the top of the wave 1 - Wave 3 must NOT be the shortest All rules must be applied. After the correction ABC circle of direction repeats, meaning UP.
Good time to buy / rebuy are coming i quess... how could tell...
It looks like nice triangle with a lot of potencial gain to give in medium time range. I like it :)
NEO is doing good last days. After changing direction i seems like it has a nice days infront. After a little ABC correction he will wave up.
I hope i can say, there are some changes in Tron. After hitting point 471 satoshis TRX kicked a bit :) made more then 40% gain and then correction. There is a possibialty for second wave.
I thing we are seeing here some repeating patterns. It would be nice to continuous that way :)
big correction after second wave, so little biger gain in this new wave.
After nice Elliott pattern 1-5 and ABC correction, we can see little wawe up, small correction and still power to go into 2nd wave with potencial 20% bust.
I think there will be next important check-point for some changes. Triangle is getting full of corrections and that way is coming to the end. After little rest, some good gain can came quickly.