follow previous posts for a continuity in my thinking. WE NEED DECISIVE IMPULSE ACTIONS If BTC continues onward and Upward towards 13k+ then we can expect that TRX can also climb in value relative to BTC...its USD pair has already corrected like 90% and therefore the floor has been met. only up from here, ignore the day to day - but take profists at or...
if this continues to move like it is, and we see continued losses due to bitcoin uncertainty....may be a while before we see the higher highs we may have expected before. Just wait till April 20ish and we should have a much clearer indication as to where the cryptosphere
This is a different approach to previously charted analyses of XVG to BTC pairs. However, based on past pattern movement, I suspect that in the near future we will see a mini pump, this may be of a larger degree wave B, WHICH MEANS we will be seeking a lower low for C, if that is the case. But I think that before we can see new ATH relative to BTC than we will...
Check the other post about BTCUSDT vs this BTCUSD chart analysis the USDT chart includes a secondary count where i see further retracement down to the near 9k neighborhood in a series of 5 waves down. maybe and ABC correction that is expanded and will allow for some of these alt coins to pump. WE NOW WAIT. if the bulls buy up BTC we can see impulses to higher...
not going to explain it any more than it is currently outline on the chart 2 directions, always 2 directions. My primary count is that we are heading towards 13k+ Secondary Count if we cannot stay within in this channel, which is in critical condition at the moment, we can see a set of 5 waves down. near or beyond 9k
This whole correction may just be the A wave down, and we are about to see a 3 wave up to "B" and then see a final wave c. But that is big picture. in the immediate future price should start moving up, looks like we started a set of impulse waves up. Lets see what btc can do.
Wave 5 before a correction? -if this trend continues into 5 impulse waves of smaller degree, then we would have reached a larger degree wave 5, meaning a correction to follow. Appears so to me, 12.5k in sights. -I think it will take a couple days, maybe 2-3 before reaching this price point and I expect the ALTS to continue to show poor performance on the...
what i see...a return to 25 cents but over much longer time table. also dependent on price of btc...but i think BTC going to retrace for a quick minute or week :) once price of btc corrects and begins next impulse set of waves, we should see the rest of the markets recover at which point we can see the return to 25c XVG
Red corrective waves if BTC continues to go UP or if BTC decides to dump...thinking more like if BTC dumps again it will lead to lower lows and this bearish scenario will continue. If we have a legitimate impulse set of waves up, then we can see something like the green waves up. we wait on btc all the dotted lines represent levels of resistance TRX will need...
not going to go too heavy into this nice gains, as we have seen a considerable decline, something like 7 weeks of eating it...but things look to be now part of the reversal process. HODL that verge doe. Sell after Larger degree wave 3, this is wave 1, and then we can see a wave 2 correction to take place. will update with more info as time passes
SRNE looks bullish. So far this has been climbing up my original projections, however, exceeding my highest highs as this stock continues to display an extension of wave 3. IF in fact this current cycle of waves is only a WAVE 3 (per Elliot Wave analysis and rules), then this may reach and exceed the $21.00 mark! So here are the targets if this count is...
the end of this correction may be reaching its final wave(s) down. I think bitcoin in the sub 8k and sub 7500$ is something to look out for as a great opportunity to buy into BTC - as this may be the near bottom of the this correction. who knows. maybe we will see 5500 :) set your ladders keep a close eye. best of luck
BITSHARES final leg down, almost there! watch for the bounce whenever BTC bounces, look for the dip as bitcoin dips
2 fractal patterns emerge, at least to me. Fractal 2 is about 3.5ish times the scale of Fractal 1. they are similar in time and magnitude of relative amplitude. <--Idk if that makes sense to you but it does to me. The randomly spaced blue bars indicate a channel of which make take many forms, but think of them as loosely frame goal posts that price action...