SatoshiHeavy

SatoshiHeavy Updated 

As of right now #bitcoin looks like she found a top or is REALLY close to finding a top here on what Im calling a FLAT Reason for this belief is stated on the charts but will list here 1. the highlighted portion "A" is 5 waves and is an impulse IMO 2. THAT low was broken and THUS any move after cannot be deemed an impulse (Unless im missing something entirely on...

SatoshiHeavy Updated 

IOTA interest me for a few reasons It made a 3 wave move down and in the final leg of the 3 we see a clean 5 wave structure If this is correct IOTA can see significant gains in the coming months. I still see downside in the med term but this should form a basing pattern soon to back this idea TBC... To keep up with the #crypto volatility give me a follow on...

SatoshiHeavy Updated 

As the title states, is #bitcoin in a X wave or an impulse? Only time will tell the future at this point BUT as time progresses and as we fall further the chances of a valid X wave become more and more likely. EVEN with this idea we can still find a very valid trade set up based on the fact that we have made a 5 wave move from the lows that's 100% valid. So I am...

SatoshiHeavy

Gold, Gold, Gold, at one point everyone wanted and needed it.... where it stands at this point my team and our members at Elevate were more than happy to exit our longs from 1469 at 1585 . With the most recent rejection and the wave count all but seeming to be complete minus the minutte level degree missing one final move to the upside which may not happen...

SatoshiHeavy Updated 

AS ETHBTC continues to bleed one must wonder WILL IT END?? I am one to say yes and that ETH is not a shitcoin like 90% of the cryptocurrencies out there With just this idea its hard for me to say ETH goes to zero like a few ppl have been saying When peaking at the charts i see a few things that interst me going long Swept he lows from last year/bullmarket...

SatoshiHeavy Updated 

Is major 1 in? Hard to tell with how bullish BTC can be and just keep extending waves on waves on waves the downfall to #elliottwavetheory is that once in an impulse there is no telling how extended a move can go and thus determining the exact point of reversal can be challenging. That is when you use other tools to aid your proposed idea. The best way to...

SatoshiHeavy

As time moves and the crypto majors move mostly sideways with alts popping off in what seems to be a mini "#altseason" one has to start wondering, "When is the majors turn?" It is quite difficult not to be bullish at this moment in time with the constant positive FA that keeps arising and bullish market structure that BTC and ETH has built. BUT To me...

SatoshiHeavy Updated 

This is an update on my previous BTC chart and nothing has changed for the overall picture besides the targets being surpassed. The entire PA structure is still 'in tact in regards to what we want to see. The proposed WXY was given on OCT 22 and thus now has seemed to have completed the A wave impulsive structure from the break of the 6k Floor. Moving forward if...

SatoshiHeavy Updated 

Levels stated for validation 6090 and invalidation 6800 support : ABCDE : volume declining points A - C hit points 0 - B - D hit E overshoots sell offs are more violent than bull PA supporting trend direction X primary WXY subwave structure is supported with structure and RSI second chart is older but shows prior subwave count W subwave ABC...

SatoshiHeavy Updated 

ADAUSD does not look too hot as we dip into the demand zone once again within a short time span resulting in a weaker bounce than the previous, buyers are scarce in this zone as liquidity has been sucked dry. If something does not turn quickly i can see us testing previous lows if not more. A clear indication of a break will be upon volume or a close of this H10...

SatoshiHeavy Updated 

Ethereum has been range bound once again and that has caught us by no surprise as PA tightens and volume continues to dwindle it is hard to say we last like this much longer. With the DOW Jones plunging more than 800 points this mark as the 3rd deepest dive in history. It is hard to put faith on the idea that investors and retailers alike will now run to the most...

SatoshiHeavy Updated 

In the game of trading there is are two extremely important skills that a trader must have in order to become profitable and those maintaining a level headed and patience. Patience is truly a virtue in the game of trading as some patterns in price action may take days, weeks, or in Etherums case an entire month of grueling sideways and converging price action....

09:59

SatoshiHeavy Updated 

Its always important to wait for confirmation before entering into any trade.

04:04

SatoshiHeavy

just has very strong bullish sentimental good r:r