Petros

PRO
Message Follow Following Unfollow
Joined
The future is not like the past.
Markets Allocation
Top Mentioned Symbols
BTCUSD 37% | 3 ETHXBT 37% | 3 LTCUSD 25% | 2
Petros Petros PRO BTCUSD, 720, Long ,
BTCUSD: Target zone for wave 5, comment on Sheba Jafari & Goldman Sachs
225 0 1
BTCUSD, 720 Long
Target zone for wave 5, comment on Sheba Jafari & Goldman Sachs

If the corrective wave 4 is concluded, and it looks like it is, the target for BTCUSD is minimum $6000. If the correction is not over, then what is wave 4 for now, will become wave A, and we'll see wave C going below $3000, then wave 5 will proceed with slightly lower target. The structure of BTC movement during last years is perfect, textbook Elliott ...

Petros Petros PRO ETHXBT, 720,
ETHXBT: ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - wave V target
162 0 2
ETHXBT, 720
ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - wave V target

Here we are at the beginning of the wave V, although I was not correct about wave b of IV beeing irregular, wave c of IV played out as expected. Now we are able to draw wave V price target zone. Based on a Fibonacci 1.618 extension we can conclude that wave V will end between 0.037 and 0.05 BTC per Ether. Wave V will have 5 waves like wave III. Watch them ...

Petros Petros PRO ETHXBT, 720,
ETHXBT: ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - irregular wave B
390 2 2
ETHXBT, 720
ETH/ BTC - THE BIG PICTURE OF CURRENT UPTREND - irregular wave B

Looks like we're stuck in wave B of correction (of wave 4). This is an irregular (triangle) wave B - there are 5 waves in it (a-b-c-d-e). I've added two arrows to point out how such a wave B looks like, because it's rather rare. The end of wave 4 seems nowhere near, it can take whole April until it finishes.

Petros Petros PRO ETHXBT, 720,
ETHXBT: ETH/ BTC - The BIG picture of current uptrend
974 6 3
ETHXBT, 720
ETH/ BTC - The BIG picture of current uptrend

Here we have it: a perfect Elliott Wave in all it's glory. This view helps to get a bigger picture of where we are in the current trend. Targets are estimates only, as waves can get severly compressed and stretched both in time and price. We'll be able to draw price target zone for wave V only after c of IV is concluded. I'll update the chart when this happens.

1
0
3
Message Follow Following Unfollow
Last visit
1
1
9
Message Follow Following Unfollow
Last visit
2
0
8
Message Follow Following Unfollow
Last visit Germany
80
133
1282
Message Follow Following Unfollow
Last visit
105
1
457
Message Follow Following Unfollow
Last visit United Kingdom
5549
216
38791
Message Follow Following Unfollow
Last visit
0
0
0
Message Follow Following Unfollow
Last visit World
12666
705
95854
Message Follow Following Unfollow
Last visit
7
0
35
Message Follow Following Unfollow
42
6
253
Message Follow Following Unfollow
9
0
45
Message Follow Following Unfollow
Last visit
13
5
72
Message Follow Following Unfollow
Last visit Maldives
3445
317
25832
Message Follow Following Unfollow
Last visit Germany
80
133
1282
Message Follow Following Unfollow
Last visit
1216
40
4652
Message Follow Following Unfollow
Last visit Germany
898
122
4259
Message Follow Following Unfollow
Online UK
6124
181
24027
Message Follow Following Unfollow
Last visit
3464
45
10645
Message Follow Following Unfollow
XAGUSD
Silver/U.S. Dollar
Follow Following Unfollow
XAUUSD
Gold/U.S. Dollar
Follow Following Unfollow
Market
Browse
Type
Browse
United States
United Kingdom
India
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out