About meMorteza stepped into the world of trading some 11 years ago. When for the 1st time he paid $1500 to learn about TSE. His major is English Translation & Localization. He has been diligently learning about almost anything since that's his job's nature.
1. Elliot Waves 1st Major Wave (Weekly) : 11 Dec 17 at $19,945
2. 2nd Major Wave : 10 Dec 18 at $3,118
3. 3rd Major Wave's Lag : 17 Dec 18 - 16 Mar 20 (from $3,118 to 4,308)
4. 3rd Major Wave: 16 Mar 20 starting from $4,308 - 15 Feb 21 at $58,324 (1353%)
5. And now "Is this ATH (58,324)":
5.1. The end of 1st Major Wave?
5.2. The start for a Midterm...
EOSBTC Monthly & Weekly Status:
1. Monthly Support at current price (compared to BTC) has been tested "three times". RSI (2) is just 25. Getting more strength since Jan 2021.
2. Weekly Support here has been touched "9 times". Yet, Weekly RSI (2) is getting stronger.
3. Fundamentally based on FCAS scores 912 out of 1000.
4. Potentially 34X profit is hidden in...
Due to the SEC case XRP went through tremendous price crash (FOMO).
1. Weekly RSI (2) went into oversold area under 10 three times.
2. At the moment it is making a HL in this time frame.
3. Weekly & Daily PSARs are above price chart - Daily 19 days stayed above & Weekly for 10 weeks.
4. And MFI is interestingly showing a vivid accumulation during the last 658...
If we ignore what Elliot Decrypted from financial markets, we might not be able to set proportionated targets for futures prices. Well! It is based on 4H timeframe - "even if" we meet such pattern (more or less similar) it is based on "4H price action". There is the Question: What if it is set on Daily, Weekly, Monthly & Even more?!
Something of which the...
Based on Support/Resistance:
1. Weekly SRSI is pretty high. Then? Correction to a previously Resistance at about $4 is expected.
2. EOS fundamentally scores 912 out of 1000. Why?
3. Last weeks' Negative Hi Candle is confirming that more correction is possible.
4. If Elliot Waves Counting is done correctly, then it continues correcting for a couple of weeks.
The Monster is asleep. Temporarily it strolling around.
- Daily SRSI is right there at the bottom waiting for some multibillion dollars to eat. :-)
- A channel has been created obviously. Let it do his job - a railway for a Swinging Nice Dance! ;-)
- 2 Bases out of 4 are already made. But somewhere nearby & short it. :-*
Not a financial advice.
I have experienced more than 10,000 forecasts on PocketOption USING RSI (2). If you look at BTC's Weekly RSI (2) you may realize that this is a Continual Pattern with BTC - meaning that Oversold/Overbought Areas follow each others consecutively.
Yet, please be notified that just before the gigantic Price Tsunami there has to be a DEEP PLUNGE as a "Reaccumulation"...
I don't know what to say! This is far valuable ten DIAMOND! When you but Tron, you actually hire Justin! This young talented man is working for you. He has demonstrated his excellency. When you sell Tron you fire him! Right?
I do not know of any RICH TRADER! I do know of RICH INVESTORS. One cannot ride on all market's waves. You get nervous & repeatedly can make...
Daily Negative Divergence between Price Charts last Peaks & RSI (14) last peaks. Hold/Sell strategy matters seriously at the moment. Correction to some point near the 1st Ellliot Wave's peak is possible.
Channels & Elliot Waves are just a simple depict of possibilities & are shown roughly. Always be prepared, but for Holders there is no need to be worried.
Elliot Waves analysis 4H & 1W:
If counting is correct then it can be like what is shown on chart.
Then the "1st SUPER WAVE" will be finished at $0.4 & goes through a great ABC correction directly down somewhere in between $0.03 - 0.08 matching 0.768 - 1 Fib. and we will set off for the "3rd SUPER WAVE" toward $0.73 & during the 5th SUPER WAVE it can touch...
Fundamentally: Based on a research by Oxford University in 2017 by Dr. Garrick Hileman & Michel Rauchs following information was provided:
KEY HIGHLIGHTS OF THE STUDY:
• The current number of unique active users of cryptocurrency wallets is estimated to be between 2.9 million and 5.8 million .
• The lines between the different...
As per S&R Clusters for the time being TRX is trapped under a very strong Resistance Cluster in between $0.025 - 0.032 for about 189 days. As a result:
1st Target DOWN would be: $0.025
2nd on can be : in between $ 0.013 - 0.016
So, the ideal entry would be the second Support Cluster for the weeks to come.
Also, Weekly RSI (2) shows negative divergence which is not...