As you can see BTC has followed my previous predictions fairly well. The final leg of this triangle is being completed in the shape of a channel or bear flag. Short term target 6400 then a possible bounce or consolidation around the 6000 resistance from the previous major low until we reach BTC's actual value. Since this triangle is symmetrical we have a 60%...
Looks like a continuation pattern is forming for btc. Since the initial move up came in an ABC form with RSI not even going above 70 we can assume we have not changed trend and the triangle will most likely break to the downside. The volume is also slowly decreasing indicating we are clearly consolidating. The rising channel has successfully broken and bounced on...
Looks like a continuation pattern is forming for btc. Since the initial move up came in an ABC form with RSI not even going above 70 we can assume we have not changed trend and the triangle will most likely break to the downside. The volume is also slowly decreasing indicating we are clearly consolidating. The rising channel is about to break so expect a touch on...
As you can see the neo btc chart has formed a pretty nice flag in wave 4 going down. If it breaks the support and btc keeps dropping exect NEO to outperform BTC on the downside. After wave 5 has finished exect an ABC up to then make 5 more waves down to finish and hit its target for the bigger bear flag on NEOBTC on a 4hr time frame.
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On this...
As you can see btc has successfully bounced of of two major trend lines without getting 5 impulse waves up meaning we should see some more red times for btc finishing up its 5 bigger waves down on the 1 hour and finishing an abc on the 30min. Target of 6000 still stands!!
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Bear flag with fairly nice support and decreasing volume for btc 1:1 fib extension and big support from previous low will give us a target of around 6000
(15MIN)
As you can see iota is making a pretty clear bear flag following BTC. Not only is it making a bear flag on the IOTA USD chart but also on the IOTA BTC chart. This means if the IOTA BTC flag breaks we should see even a bigger drop in the IOTA USD chart. We'll have to wait to see if BTC breaks its ascending triangle downwards on the 15 min chart before we...
As you can see iota has already finished wave 1,2,3 and nearly 4. It has been in the channel and bouncing of the upper resistance for a long time now and is right on it again. We have also had a pretty strong bounce of the wave 1 resistance. Using elliot wave and assuming wave 5 will have just about the same lenght as wave 1 we can target around the 10 dollar...
As you can see we are in a nice descending wedge and just about to either bounce back to its lower support line to finish the target of the two bear flags or spike. On a smaller timeframe (15 min chart) we have broken out of a neat triangle and the previous support and resistance the the bear flags created. Great volume so i'd say target around 9000 as your first...
