First We have a small purple double bottom which gives us the purple target then if we zoom out we see target purple target is neckline for the yellow double bottom then we need a correction as lots of energy used.... we need to recover energy so the price must go back to the trend line to get power and on that time will form another double bottom (blue) for the...
Doesn't have enough power needs to go down retest fibo channel deep make a bigger double bottom and rise If you like my ideas, please support me with your comments, check my free channel and push LIKE!
OK, We are still alive after this small fall which made all the alt markets bloody. stop longs now! This correction needs power from double bottom to get recovered,
still moving on my lines... this is the sensitive point, if it goes up cup's handle will shape, if it come's down will be a big fall for ETH
my favourite coin is struggling! Elliot pattern!!!!! B-C wave is shaping now and as per my calculation, it must have fall to 1/2 of (2-3) wave. This is the only time that I will be happy if I am wrong!!!!
now it's shaping a double bottom but because the target for this double bottom is under breakout point I believe it has not enough power to break out so I believe it must come to the channel deep to form a reversed h/s and then with alllll power go up now is good time to enter with stop under the bottom
Target For double bottom achieved neckline for the cup is broken we need a retest on fibo to go for c/h target
I can see an Eliot wave here which lead the price down to the dot line I draw in my chart then there is 2 scenario : 1- head and shoulder => Fall only 5% possible 2- double bottom => raise up 95% possible
1- the reversed cup happened and maid big fall for ETH, 2- tried to shape a c/h but the handle wasn't enough strong to brick the neckline so again we had big fall 3- double top back to bak of handle's fall will break the price 4- head and shoulder will give us a good deep to buy (long) at 1480$
First we need a reversed head and shoulder so we need to form the right shoulder , we go to re test the support line and then with breaking neckline we expect sharp movement to the purple target , then if we zoom out we see the light green double bottom which easily can reach us to the light green target . don't forget to set stop as red and you can enter only...
ANKR had a fake breakout , as the support is under the triangle , it need to retest the support (as done) to get enough power and go up , stop = red target = purple
Big surprise package for YFII ! we need a double bottom to break out the cup's neckline, Then I expect to return under the neckline to retest the fibo and then again go up, targets are in the chart. now it's a good time to buy and HODL.
XTZ has a big surprise for all of you guys! we are at the bottom now so enjoy and buy and don't forget to set stop-loss ( marked red) in the way to shape a nice handle we need a double bottom to give enough power for raise. then we will need a small other power to breakout the neckline and finally, after breakout and retest, we will have sharp movement to the...
Yes, it is a fake breakout, we need the power to go up, in this reason it must go back to the triangle, then re-test the trend line, shape a double bottom strongly re-break out again
There is an Eliot pattern shaping I expect it falls till 0.6
Ok there are 3 steps Green line we need to see a double bottom (small one) Yellow we go down to shape second double bottom and then go up to resistance line Blue : if we look at the left side we see small shoulder and double head so i believe we need a small other shoulder in right side to shape reversed head and shoulder These are 3 steps Qtum can be saved
In 15 mins time frame, we had triple bottom which already reached its target and shaped a nice cup, now we need a handle for this cup, looking at the chart we have channel fall exactly like a handle... I know there are different scenarios in shaping the cup (bullish/bearish), so I used the Fibonacci indicator to help me predict the direction. I believe it will...
breakout is near, close your belt for a nice and powerful fly... ;)