According to the current waves count, gold is trading at a critical zone where I believe it is not a good area to buy or hold the gold. Even though, there is still a potential to see 1587 levels and then the expectation is sooner or later to see a sharp gold price dip and to see the 1000 level as a min price target.
TA not a recommendation.
The DCN coin are trading at historical price bottom and traded this week with very high volumes (accumulation area). It is the 2nd ever highest traded volumes. Usually, whenever there is a high trading volumes at historical bottom, it is a good sign for a due coming major reversal. Also, there is a high potential for a double bottom pattern formation...
I want to share with you a very interesting charts for Dentacoin (DCN) from crypto currency market. As you can see from these charts, we might have a good chance with high probability for a major reversal to occur or it might be already started and we are just at starting/ignition point targeting the minimum of...
I am expecting to see a very sharp bounce to upside shooting to the target zone.
I belie that we are at the end of the sub C wave of the B/2 wave .... but if price goes down beyond the red line will cancel this scenario!
I believe that bitcoin might end his historical correction at this point and ready to take off..the buy confirmation is to pass the price of 3942. The stop loss is the chart bottom.
as one of the possibel scenarios, possibly we might have a complex correction and now price might go up in the last correction leg before going down again. Targets are shown in the chart.
I am suspecting that there is a missing wave 4, either will be in form of a triangle or a any flat pattern so possibly we are going up sooner or later. Passing the "key" price is confirming the move!
ETH might reverse from price 225.2 which could represent end of wave 4 then to revers and move up into wave 5 targeting ¬ 265 - 285
the invalidation point for this count is shown in the chart!
in wave analysis,
we might completed the last leg c of Z wave as a triangle shape ( wave e in the triangle probably completed but there is a potential to go down slightly to finish the tringle shape) and this count will be solid and confirmed if the prices goes beyond 7420 which then we can see a real rocket move to the up direction... and count will fail, if the...
in the most probability, we are moving down. there is two scenarios support this move, triangle as a wave 4 is completed and now heading down to wave 5 and the posted head and shoulders pattern which in this position is a continuation pattern!
also in the classical analysis, we break a strong 4h trend line support, and price return and touch the...