Hello again people. I called the bottom for $7100 area while BTC trading @10200. And i called it "Once in a Lifetime Opportunity". I was a buyer there. Here is my $7185-$8090 call.
And now, BTC is in 3rd wave of elliot which is most strong one according to 1 or 5. And it will go...
Before the massive sell off i warned all of my followers and my friends from tradingview. As you see this is really massive sellout at the chart below. But i thought that we could go one more push to $10500 levels before the massive dump but it was weak to do that.
Altcoins are rising since Monday. We saw ETH,XRP doing well. Now its time for mid-cap coins. Link has great potential and if this 1.51 pivot holds, target can be 2,64-3,12 which is more than %80 potantial profit. Really nice risk to reward ratio. (More than 5). This is not a financial advice.
All altcoins in correction phase in general. but they are rising for couple of days. because most of all in b wave. which is correction of a correction. thats why they are rising. according to my elliot count. Eth will go $130 which is bottom for me. I am try to accumulate from here. This is not a financial advice. I am bullish for a long term on ETH. Because of...
in my opinion we finished ABC correction which is ended at $10330 (It hit its' .618 fib level). We've started a new impulsive wave and ready to go 3rd leg. 1 and 2 finished for me. 3th wave target is gonna be $13488-$13027. Thick white trendline has broken as you see. It should confirm that we are not in downtrend anymore. We'll see.
Possible long entry here:...
as you see clear ascending triangle here. if its break from upper trendline it can go at least pattern high which is +$11000 i think. Nice R:R ratio here. it can be swing trade. Stop loss $8300 ish. This is not a financial advice.
dominance of bitcoin is above %61. when this rate go down we can see altcoin rallies.
As you see bch is drawing bull flag on usd pair. it can go A point first and then B. and then target is around 430ish which is bull flag target.
This is not a financial advice.
fibbonacci levels works perfect for xrp. 38.2 level try to hold the price but it broke down. so 23.6 is last line of defence. high chance long position from rectangular target. macd and rsi are also ready for run. this is not a financial advice.
First thing first i am very bullish on BTC and i believe BTC for long term. That doesn't mean it won't fall down much lower.
I am structure engineer and i like to look things from wide perspective. That means there is falling wedge structure here.(Falling wedge continuation pattern) And it can breakout 3 different ways for me.
1st: It can break this falling...
it could be abc correction on ltcusd. textbook elliot wave has been drawn since dec 2018. halving is main reason but even halving it could be abc correction for ltcusd. and there is bearish divergence on rsi and price action. possible target for me $53 at least. its not a financial advice.
if breakout happens possible scenario for me. like xrp, iota ready to rallying. We need 2 confirmation first one 55 ema and triangle trend line must be broken. then it will be good for go long imo. its not a financial advice.