Now we have had the a and b wave, it looks like we are in the fifth wave of the c wave. Meaning that the correction will soon be over. I would expect the c wave to be at least as strong as the a wave, making 10k the first target of the correction. There is still the possibility of c being the stronger wave, making around 9.5k the target. This correction is the 2nd...
Right now it is clear that we have seen the first 3 waves. As we speak we could still be in the 4th wave, a close above the 11.1k would mean that the 4th wave is over and that the 5th wave has started, making 13k the target. The bulls are back in the game though we can still see a retrace at this moment. Since it is possible that we are still in the 4th wave, a...
Since the whole market has been strongly following btc, it is the most important factor for our next moves. Looking at the bigger picture we had a parabolic move up, now followed by a strong move down. The most important thing here we have learned is to take profit and to use stop-losses (so we can buy in again lower). In wave count, we seem to have finished the...
As the whole market is red and a lot of fud is spreading, the trading opportunitites are still there. Right now btc is in its 3rd wave after breaking a bearish pennant. This is the biggest wave of the 5 and as we can see the 2nd wave wasn't big. So for now we can expect a stronger 4th wave. The places to buy here would be at the bottom of the channel and sell...
As the whole crypto market has been bleeding because of the big bitcoin correction, even eth has to follow the king. Right now we seem to be in the c wave of the abc correction. In this correction this is the 3rd wave, so the strongest wave of all. As a rule of thumb: the c correction wave is a lot of times as big as the a wave, so this gives us a possible...
CND is now correcting from its ath. The correction seems to be happening in a channel, making this a range trading opportunity. Buying around the bottom of the channel (on RSI oversold) seems a good opportunity. Though we have to keep in mind that the correction can always break the channel and go lower as cnd has done a big and fast run.
TNT has been retracing from its ath and is now on a support level. The breakout of the correction trend could give an opportunity. A stop-loss should be placed under 0.000027. This makes the risk vs reward interesting as the tp should be around 0.000032
BTC has been correcting since its ath of almost 20k. Now that btc seems to be in a falling wedge, we could try to make use of this trading range. Because we are in a trading range, the RSI is of good use to see if it's a good moment to buy or to sell. We have had 5 waves down, I would assume we will make an abc movement up again, as we did after the first big...
Eth is now in its C wave of the abc correction. We are looking for a double bottom or a higher low as a sign of continuation of the rally. As after the abc correction a new cycle would start, this can be a very good opportunity. Still we have to keep an eye on btc, because btc as eth is correcting. Buy zone around the possible double bottom zone.
Icx has been in a bullish trend for a while now. With the mainnet launch in 2 days and a lot of hype and news following, the possiblity of seeing a 5th wave is very possible. Right now we are in a rising triangle. The buy opportunity would be buying on the breakout. The max tp for now is 0.0012 for the 5th wave. The 0.001 is also a resistance point as it is a...
In a earlier post, I mentioned that this breakout was going to occur. Now that it has happened and a lot of volume was included, we can stay bullish about this coin. A retest of the old resistance could be retested and this can be seen as a buying opportunity. In case there would be a larger correction, a retest of the trend line is possible too. Now there still...
After a big retrace APPC looks like its ready to rally again. Now we have a small rising trend and the possibility of a breakout becomes bigger. As for now a breakout with good volume is a buy sign, though the possibility to go lower exists, its rather small since a large retrace has already happened.
Trx has had a big run after the big correction, so another correction is going on. Now trx seems to have done the a and b of the correction wave. For the c wave, we could see a double bounce or a retrace further down to around 600 sats. If the double bottom is formed and hodls, this could be a good opportunity, as this coin has retraced a lot and there is a lot of...
Ven has been following a bull trend for a while and is now retesting its ath. In case we break out, the rally should continue and the targets seem possible as there is a lot of good news and hype around ven at this moment. We should keep an eye on btc as the correction still seems to be ongoing.
Btc has been in a abc correction and it seems that the final wave of the c wave still has to occur. Though it doesn't mean that bitcoin will drop lower than the low it has made in its 3rd wave. We should look for the following signs to buy, those are a double bottom and a higher low. For now those 2 signs seem to have the largest possiblity. In the small case...
Eth had finished a 1-5 wave and is now in a correction. Eth has now corrected 40% from its ath in this wave a of the abc correction. As we are nearing stronger support, I see this as a opportunity to buy some and selling them on the b wave of the correction. Right now there is a lot of fear in the market though a correction like this was necessary and healthy.
Right now bitcoin is in its c wave of the abc correction. In this C wave, we may have ended the 3rd wave of the 5 waves that a C correction makes. It's important to know that the 4th wave won't cross the first one, so bitcoin should not go higher than 12.5k before finishing its full abc correction When looking for a good moment to buy we must keep in mind that a...