EOS has very likely finished triangle and now we will see final move up. This wave will be anotate it as a 5th wave and as a 5th wave of big uptrend cycle. Expect huge sell off, after we hit the target of 5th wave, which is at 4950 satoshi. I am pretty confident with this pattern, so I will use very thin stop loss, because I want that double digit risk reward ratio :D
BTC had nice bounce from my predicted zone, but now we need to wait, becuase it could easily become only ABC correction, before another move down. But move to approximatelly 9300 is pretty imminent.
All highcaps (BCH,EOS,ETH,LTC) are very close (or already finished) their temporary uptrends, but XRP is lagging behind, but in a good way. XRP/BTC finished just first 5 wave cycle, so now, we should see a boring and quite big correction, but then we will very likely see at least one 5 wave cycle up. Now, it´s impossible to tell, how deep the correction will be,...
Triangle means last move in certain direction ! Preparing my SHORT !
LTC/BTC could already finish it´s uptrend, but chart of BTC dominance should go lower, so I think, we will see one last move up on LTC/BTC. I set long limit order at 7148 satoshi.
Well, I recently published an analysis, where I speculated, that we might see last push to the upside in this chart. However, I noticed, that chart of BTC dominance is going down faster to it´s final target, then I expected, so that brings me to this scenario - the top of this uptrend is set and we are heading to new LTC/BTC low. It´s now probably more probable...
Bitcoin loves complex correction, and when we surpassed previous high at 9580, I thought we are going to 10 000. However, one minute and one red candle changed everything. Now I track "ABC" flat correction. Target is at 9069. Now I expect slow move up towards 9460 and then final leg down and finishing "C" wave.
MTL had nice 5 wave move up and since then, it went down almost to double bottom. But we got impulse reaction, and currently I think we have finished 4th wave and we should go up to 3300 satoshis to finish 5th wave. I have bought at 2778 satoshi, stop loss at 2617 satoshi.
Waves had nice move up, made of 5 waves, so now, we will definitely see another 5 waves - only question is, if these waves will be only part of ABC correction, and we will find a TOP approximatelly at 1200 satoshi OR these waves 5 waves, that will come will be stronger and with higher volume then the previous five waves - in that case, these five waves will be...
Cosmos surged 250% in 110 days, from september to december 2019. Now are obviously in correction and it seems like WXY correction. Now we are also in area of huge support (grey rectangle), so I expect a bounce from that support - this bounce should be start of the strongest 3rd wave, so there is huge potential in this coin.
DISCLAIMER ! I have no idea what is this coin used for,, I don´t know anything about Tierion and I don´t even want to know it :D. I am trader, who watch charts only, but boy, the chart of this coin is just something. This coin made 350% percent in one month during last uptrend cycle. Now we are in beautiful, clean correction and guess what - this correction will...
This chart has very important and decisive moment moment around the corner. I see there two completely valid and 100% possible scenarios and both are completely different. 1) BEARISH SCENARIO = 70% probability - we will see big rejection from red box on the chart and then we will see 5 big waves down. In eliott wave principle, whole move from 8th January, untill...
It took me while, before I anotate waves exactly, as they should be, everything makes sense now (well hopefully). But one thing is clear - we can see nice, textbook, bullish triangle. So what does it mean ? It means, that we will go above previous high, BUT it will be last upside move, before bigger correction. This correction should go at least to 0,382 fib...
EOS doesn´t look that bullish as LTC,ETH or BCH. We broke up from triangle, so that means, that this will be last move up. So i set my limit short to 4580, stop loss is above previous swing high. Very nice RRR.
Bitcoin has a very nasty dump, one sell market, that dump price for 200 dollars. However, now we are in triangle, so if it breaks downside, it will be very bullish, because that would mean, that it was only 3 wave ABC correction and we will continue up.
ETH has nice ABC correction, where "B" is nice triangle. ABC correction is finished and there is nothing to stop ethereum to move to 198,8. However after we hit it, you better expect solid dump, because I anotate it as a 5th wave in 5th wave of bigger cycle.
Nice ABC correction, when wave "B" is triangle. Last chance before lift off :)
Status has nice strong 3rd wave with huge volume and now we are moving in some sort of bullish flag/corrective channel. I think there is room, for one last move to the downside, but I have already bought SNT, because correction might be also finished, height of corrective wave "A" is same as corrective wave "C" - it means perfect correction. Target of 5th wave is...