Is there one final stretch left to reach B as part of the ABC correction? No financial advise Educational purposes only
The current set up looks good for Omisego to move upwards and break out above the orange trend line. The decrease in volume in the build up to the break out is a good sign. No financial advise Educational purposes only
It appears as if Ripple is ready to resume its upwards journey ...... If correction A,B,C is completed then sub-wave 1 of leg 3 should be the next move upwards No financial advise Educational purposes only
If the handle of the cup can be completed and we have a break out above the orange line it should be very bullish with potential profits looming No financial advise Educational purposes only
Everything looks bullish.. Still space for plenty of green candles to complete wave 3 (if position of wave 3 will be at 1.618 of Fib extension) No financial advise Educational purposes only
Almost done with sub-wave 1 of leg 3 which means we can expect a minor correction (sub-wave 2) before it continuous upwards No financial advise Educational purposes only
All indications are that correction ABC is in progress with leg C outstanding. Thus we can expect a drop in price before we start with leg 3 No financial advise Educational purposes only
We may see yet another break out to the top from this triangle. We also have bullish divergences on the RSI and MACD No financial advise Educational purposes only ..
A bullish flag is forming and can possibly cause a break out to the top No financial advise Educational purposes only
If the wave count is correct (which i think it is) we should be busy with sub-wave 3 (of wave 3) These are both aggressive waves which should encourage strong upwards movement. Current movement is slow but should pick up as volume increases. One concern is the rising wedge which normally represents a bearish action No financial advise Educational purposes only
It seems as if legs 1-5 are completed as well as A & B of the correction. Only leg C remains and the question is by how much will it retraces before it has gathered enough energy for the next leg up,
Currently the candles are following the path as pointed out two days ago. Now it must just keep going ....
The break out from the second pennant has taken place as anticipated. Lets hope for some long green candles along the road ..... No financial advise Educational purposes only
Flag continuation followed by a pennant and another pennant .... Will the outcome be the same ... for a third time in succession?
Negative market sentiment ..... again !!
Verge was caught up in a pennant while retracing and it was just a matter of time for the break out to take place
IOTA is in an upward trend and to complete leg 5 there is only one way and that is UP ....
Tron is caught up in a pennant which should force it upwards to complete leg 3