gelnd

gelnd

Interesting perfect 1.618 extension of wave 1 to 3

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Key resistances and targets are outlined

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Wave 4 Wave 3 Explanation of extensions/target/invalidation level: -Wave 5 (blue) of wave 1 (red) 1:1 extension is a measurement of 0-3 added to 4 -All wave 3 extensions are from 0-1 added to 2 -Wave 5 (blue) of wave 3 (red) is a 0.618 extension of 2-3 added to 4 -Target ranges from 0.618 extensions of wave 2-3 added to the current low of wave 4 (red) which is...

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Very bullish MACD+RSI. -RSI reached bullish 85 level, bounced off 40 on the daily candlesticks. Can't get much better RSI than that -MACD has tons of room to run, just bullishly diverged I understand the D has a higher value than B. E does penetrate the lower trend line of the ABCDE which is completely normal Stoploss can be adjusted to $190~ The chart is...

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This is less of a short and more of an idea to be very, very careful with Bitcoin. It still hasn't shown signs of a true reversal as I will talk about. The theoretical PT is 8350, but this is if the top has already been made. I believe redrawing on the ending diagonal is very likely so that isn't set in stone even if the rest of the drawing is correct. Why would...

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-Bullish MACD divergence on 4h candles (very bullish indicator) -Completed 5-3 sequence providing decent risk to reward (more on this later) -Primary price target is 1:1 extension at 24.5k -If BTC breaks through the 1.1:1 extension then a 1.618:1 extension all the way to nearly 33k is possible -Stop loss at 10.6k below C Not necessarily an entry now considering...

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Not a short position, just an analysis -Bearish MACD divergence (4h) -Bearish RSI divergence (for the nth time) (4h)

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Price target: 1:1 extension of wave 1 Stoploss: 0.25 (below C) ABCDE contracting triangle correction with lower highs and higher lows Contraction of volume during triangle like normal Bullish indicators: -Falling wedge on MACD -MACD kissing after downtrend -Below 20 on stochastic (best entry would be after it goes above 20) -Just finished ABCDE allowing for a...

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Bullish Indicators: -Strong support at 61.8% retracement level, bouncing off twice with it being higher RSI on the second test with 29 RSI first touch and 36 RSI second touch -Solid entry point on stochastics; it is about to break the 20 level -Trading at the bottom of RSI and stochastic support -Bullish MACD divergence on 1h candles Price Target 525 Stop Loss...

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The argument for why NXTUSD will go to $0.30: -Wave 3 hit almost a perfect 1.618 extension of wave 1-2 meaning the price target is either a 1:1 extension of wave 3 or a 2.618 extension of wave 1-2 -Bullish divergence of the price moving above base-line on 1h, (price is already above base-line on 2h candles) -Bullish divergence of conversion-line and base-line...

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My thesis on why DCR will hit $72 and is in an excellent spot to enter currently: -Trading at the bottom of the support of the wave 4 triangle -5 ABC patterns already completed (drawn on 15m candles) -Still well above the cloud on 2h and 1d timeframes, currently at near the bottom of the support of the cloud on 1h making it an excellent entry -Conversion-line...

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Green = entry zone, red = sell zone Preface: I am NOT saying to enter at the time of posting. PLEASE READ. Explanation on the Fibonacci levels on the graph: -Wave 2 retraced 78.6% of wave 1, meaning that it is very likely that wave 4 will retrace, at most, 23.6-50%. Since a 50% retracement would put wave 4 below wave 1, I have only put 23.6%. -Since wave 3 did a...

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Explanation on the Fibonacci levels on the graph: -Wave 2 retraced 38.2% of wave 1, meaning it is likely the fourth wave will retrace at least 38.2% of wave 3. I suspect it will be 50%, but if it does go to 61.8%, then lots of profit will be made. -Wave 3 hit a perfect 1:1 Fibonacci extension of wave 1 to 2. This ideal extension is what gives me the price target...

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Why I think this: Strong bullish indicators -Good volume on breakout of consolidation phase -Falling wedge on RSI (white line on RSI graph) -Recently had a bullish MACD divergence on 4h and longer candles (more on this later) Don't enter now, however for these reasons -RSI at the top of resistance on falling wedge -Bearish MACD divergence on shorter candle...

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Tried to make this one as quickly as possible seeing that it's about to moon BULLISH INDICATORS -Strong volume on breakout of consolidation (bullish pennant). Shows continatuion of bullish trend

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Preface - don't enter long now, at the price of posting, this is a long idea at ~320-296 Why I think this: Short-term bearish indicators -Bearish RSI divergence on shorter candle lengths (blue line on RSI graph) -Bearish MACD divergence seen on longer candle lengths (4h for example) -RSI showing a lower low for each lower low, showing a likely continuation...

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Preface - I am not saying to short sell at the posting of this idea. Please read the text bubbles. Also, don't mind the white lines too much. Since the candles haven't touched them 3 times they aren't very confirmed, especially the top one which has only got one general testing of it, while the bottom line has twice. Why I think this: Short term bullish...

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Consolidation with a very strong volume upon breakout. Strong RSI from high to high and bullish MACD divergence on 4h and other candle lengths helping to form the thesis to buy this coin. PLEASE note: Wave 4-5 targets are based on if wave 3 peaks at a 1:1 extension of wave 1-2 which I marked. If it goes to 1.618 of wave 1-2, the targets are completely void. Read...