ShadowCash appears to be sitting on a critical support, and with strong investor demand for privacy-centered coins like XMR and DASH, SDCBTC could be preparing to follow suit with a large advance over the next few months if this support continues to hold. If this support fails then it will be a good idea to steer clear of this crypto for awhile. Fundamentally,...
Blackcoin is in an AB=CD potential harmonic reversal zone, accompanied by a 1.13 projection, very nice looking bullish momentum divergences on all the higher timeframes, a possible triangle, and bullish divergent bars on multiple timeframes. This sets us up with a fantastic r/r trade because Blackcoin is a very small coin that could increase pretty dramatically...
Litecoin appears to be nearing the end of a bullish non-limiting triangle, however, this pattern still remains unconfirmed and could potentially break in either direction, but the upside seems a lot more likely based on momentum and also the general bullishness of cryptocurrency at the moment with BTC nearing all time high again. Also since this is a non-limiting...
We are approaching the definitive range for a bearish alternate bat harmonic pattern that is also complimented by an RSI BAMM signal and AO Divergence. This gives us a nice potential reversal zone around 134 for the QQQ. There may be a small amount of uptrend left in this because it is only at 129.29 currently, so I am going to wait until the harmonic PRZ is...
Bitcoin is at a yuge Harmonic and Elliott Wave reversal zone. If this breaks up about 100 more dollars and can stay above that resistance zone , then it will become a support zone and the trend will likely continue up from there, possibly to 1500 usd. If the bears can hold this resistance zone then Bitcoin will likely continue the megaphone pattern that it is in...
Ethereum is in a perfect bullish Gartley potential reversal zone. A "perfect" Gartley is defined as one that has an AB=CD and a 1.27BC=CD. On top of this we also have the first bullish wiseman signal on the 1D chart and if it were to continue up it would activate the other two signals. There's also the usual bullish divergence and a potential completed triangle...
The smallest degree shown here appears to be finishing a fairly clear double zigzag. On the 60m chart you can see a confirmed terminal wave 5 of c which likely puts us at the end of the larger pattern as well, though, the small possibility of this forming into a triple zigzag can't be fully ruled out, it is also very unlikely. With that in mind this double...
"In general, we find that monetary policy should react to asset prices and should try to “prick” or “burst” asset bubbles." (Roubini 2005) Though it is clear they have not done so, anyone can see that there is an asset bubble in the stock, bond, and housing markets yet the FED continues their Zero Interest Rate Policy, and continues to print money at unprecedented...
It appears that we are nearing the end of a limiting pattern. This contracting horizontal triangle has all the hallmarks of being an abnormal limiting triangle which ended right at the apex timezone like excepted, and it also ends on what appears to be a terminal impulse pattern. This means that the market is likely to have made a very significant top here which...
This correction on XAUUSD has played out exactly as expected so far and it appears that we have just completed a terminal wave-c, meaning that we are also at the end of a larger irregular failure flat pattern. The irregular failure flat implies that we should get an impulsive wave that is at least 1.618 of the first :5, and could be much longer. I am expecting...
www.cnbc.com I decided to analyze this stock after hearing about McAfee being appointed C.E.O. and the massive gains that were made that day. On the monthly chart it appears that MGT19.69% may have just completed a double zigzag pattern or possibly a triple pattern (which we can't see because of the 10 year gap in public trading, I've also hidden the data prior...
What is this chart? This is the MSCI Real-Estate Investment Trust (REIT) Index, it is the Index that DRV is backed by. DRV is a 3xLeveraged Short Real-Estate ETF. Why is it important? Because if you buy DRV while RMZ is crashing you can make some pretty insane returns. If you look at the Elliott Wave count on this chart and on the related SPX500 chart you will...
The channel break down indicates that the top is near. The pattern appears to be an incomplete Double Combination. Since the pattern is still somewhat incomplete it is a good idea to be careful making any trades on this pattern until it is confirmed. Confirmation should come sometime in 2017. It is very likely that if this pattern is correct we are in the midst of...
With the breaking of the top of this triangle we just completed Stage 2 confirmation of the non-limiting triangle, meaning that we are about to get a very violent leg up from here. Since the exact position of this non-limiting triangle is unclear it isn't exactly clear what kind of path this is going to follow but it will most likely be followed by another :3...
What is this chart? This is the Real-Estate Investment Trust (REIT) $MSCI it is the underlying asset for the 3xLeveraged Short Real-Estate ETF $DRV. Why is it important? Because if you buy $DRV during a housing market crash you can make some pretty insane returns, and if you look at the Elliott Wave count (unconfirmed) you will see that $MSCI has possibly just...
It looks like Bitcoin has just completed Wave (c) which is most likely a terminal impulse. This means that the overall (unconfirmed) pattern is an Irregular Flat on the daily time-frame, however, this pattern remains unconfirmed until we break the 0-B base line. Until then it is still possible that a triangle could form here. If this is actually an Irregular Flat...
Continuing from the last chart that I published, It looks like we just completed Wave (b) as a double combination. The confirmations are the count (zigzag x triangle), the break down of the B-B baseline, the break down out of the A-A Channel, momentum divergences, and the time of Wave (b) being just slightly longer than 1.0 of Wave (a). Also the fact that this...
Breaking the B-D line this morning with a lot of momentum and volume is a good indication that this triangle has just completed up. Many people were expecting this triangle to complete wave 4 and break down, however, that does not appear to be the case here since it has taken so much time and still failed to break down. Also looking at the previous action it seems...