RogueDave

RogueDave Updated 

Full trading history with key levels, support and resistance lines.

RogueDave Updated 

This is not my work, just sharing for investors with exposure to Equities & Stock Market Exposure. You can find the originals and others, including daily/intraday very short term "squiggle counts" here: danericselliottwaves.blogspot.com Wilshire 5000 Monthly Elliott Wave Chart: 2.bp.blogspot.com Wilshire 5000 Daily Elliott Wave Chart: 3.bp.blogspot.com Global...

RogueDave Updated 

Pretty easy to see. Put your chips on the table if you'd like to play. Deep complex issues about profitability for miners are shifting Hashpower from BTC to BCH, BCH is more profitable than BTC currently. ztnark.com This is supportive of the price move. BTC has a rival: BCH.

RogueDave Updated 

With ETH not responding to the recent short term price action in other AltCoins and BTC, I went in search of reason(s) why. Ultimately this lead me to a comprehensive data source with all of ETH's price history. This then led to a full revision of the wave count for ETH. Here's the bad news, The recent high near 400 marked the top of a 5 wave structure completing...

RogueDave Updated 

Stepping back a bit from Elliott Wave Analysis (yeah, I do that too, but there are so many other voices...), the Fear Of Missing Out (FOMO) radiates all over the BTCUSD charts. What my experience has been, is that the FOMO does not lead to sustainable breakouts. Key word: Sustainable. It is most obvious on the Kraken data feed. It actually traded at an ATH, for a...

RogueDave

If you were watching the BTC break out, and the multiple markets, you undoubtedly watched BitFinex lead the breakout. (I watch 4 markets, BitStamp, Coinbase/GDAX, BitFinex, and Kraken. I watched BitFinex lead this breakout, every other exchange was lagging.) Read this article at Medium.com about how one trader has tracked a Spoofing Trader or group of traders...

RogueDave

We are in Wave IV folks, it's not done yet. Here I will document the death of the imposter, the usurper, the Alternative Count has crashed and burned. Some have told a story, but the data exposed them as heretics, liars, fakes and frauds. They profess to offer wave counts, but they do not offer Elliott Wave Counts. For in Elliott Wave Counts, there are guidelines...

RogueDave Updated 

Ugh, what a mess... While my preference is that BTC is still in macro-degree Wave IV following the 2980 high I label Wave III, I must at this point give serious consideration to an Alternate Count,(labeled here in Red ) that against reasonable Time Duration, and against the Alternation Guideline, that BTC completed Wave IV at the 1840 low. The move up to 2938 was...

RogueDave Updated 

Woohoo, what a ride! Hope everyone is having fun, getting some trades going your way, or staying on the side lines (That's where I am mostly). If the Wave B of IV high at 2938 holds, here are 3 possible scenarios for how Wave C plays out. Surprise, surprise, or not, these scenarios were expressed in a prior Elliott Wave forecast I wrote, back near the beginning...

RogueDave Updated 

An interesting long term hold in the AltCoin space in LBRY, Library Credits. As you can see from the charts below, LBRY launched at a very high ICO point and immediately collapsed. After basing for a long time, it had a small pop, Wave 1, and corrected. More recently, Wave 3 took it to heights not seen since the initial collapse. It has since completed its...

RogueDave Updated 

Ardor - ARDR appears to have found it's footing. After making a large run beginning in April as many AltCoin did, it peaked in late June and proceeded to retrace 78.6% of the advance. The last couple days have broken the descending trend line and ARDR has begun to move upward. On the daily chart, RSI has given an initial buy signal, but MACD has not yet confirmed...

RogueDave Updated 

Has ETH reached reached a near term low? The 134 level is near a 78.6% Fibonacci level, a steep and deep decline from its 420 high. The a-b-c-d-e decline to what may mark A of an A-B-C corrective wave may be in place. Potential exists to climb up to a B counter correction level, before resuming a decline to mark its lows at point C of 4. Time will tell. Internal...

RogueDave Updated 

With the recent decline in the BTC price, to the 1830 price level, and falling below the 38.2% Fibonacci retracement intraday, but closing very near it, it is possible that wave A of IV has found it's completion. If so, the price will rise in a counter correction mode to retest highs near the Wave III peak at 2980. My guess is somewhere short of 2900, it will find...

RogueDave Updated 

In an earlier analysis, I posted 3 scenarios (shallow Barrier Triangle and Flat, and deeper Failing Wedge) that were possible based upon the Alternation Guideline that follows the principle that Wave II and Wave IV (or W2 and W4) alternate form. Since Wave II was a sharp and deep correction, correcting the initial run to 1143, all the way down to 157.50, Wave IV...

RogueDave Updated 

This chart captures my current analysis for ETH during the remainder of the Wave 4 correction and revises my prior counts. If the trend continues, a dip down to the 200 support area, will mark wave (C) of C of 4 (technically "W" in Elliott Wave terminology because this correction is a combination, and not a simple zig-zag, or flat, or triangle). A healthy climb...

RogueDave Updated 

Wave 4 correcting Wave 3 has completed. Onward with Wave 5. Sub-waves will advance and correct as progress continues. Sub-wave (5) of 5 of 1 of 1 of 5 is in process. The correction of (5) of 5 of 1 to mark wave 2 provides an opportunity to add or initiate positions at lower risk for traders and Hodlers who missed the corrective Wave C of Wave 4 low and the motive...

RogueDave Updated 

Before Wave V can commence, Wave IV must exert it's toll, the dreaded correction. How this correction will play out can take several forms. Since we are early into the TIME aspect of this correction, it is impossible to state how it will develop. As a reminder, the correction after Wave I, took the form of a Zig-Zag, and spanned approximately 1 year, Jan - Dec...

RogueDave Updated 

Possible Wave C correction completed. Retraced 50% of Wave 3, and corrective Wave A = Wave C.