profghibli

profghibli Updated 

Not really believing in bull scenario due to Fundamentals and Volume indication as well as lack of clear C wave of the major correction as a part of macro wave 4, but just wanted to try myself in EWs theory, which is still new to me. If you see mistakes, please correct me. Major takeaways - in either macrobull or macrobear scenario, retracement to 4140s is very...

profghibli Updated 

As we seem to be nearing the break out from the wedge, I want to give you final thoughts. A lot of people, when presented with solid TA say "but FA trumps TA, and our FA is so bull right now". Well, to them I have to say 2 things: 1) TA precedes FA. Almost any FA that you think affects the price often acts just as a catalyst rather than the cause. if you do...

profghibli Updated 

Hey guys, my friend (aka Mr. Advisor) found this HnS (as I'm sure many others have done as well). However, I see merit in posting this is as it shows the correct target calculation, which takes into account the trending nature of the neckline.

profghibli Updated 

So this is what I see on BTCUSD. If we manage to do one more leg up, then we will 80%+ certainty stop at one of those higher trendlines (weird colored ones). Otherwise, you can see we have a wedge and we fall now we will keep on falling in love and out of love with bears (Alicia). The THICK green trendline at the bottom is the most likely place where we will...

profghibli Updated 

This is mostly a supplement the previous idea that you can see below.

profghibli

There are 2 lines at the bottom, you can microtrade longs while still inside the wedge if you set up an alarm on the higher black line of the support (but make sure to close the long if/when we strongly fall below the lower black line (support) of the wedge. After/if we break down from the wedge, shorts can be opened with targets made from Fibonacci (not shown...

profghibli Updated 

If you click "share" - "make it mine" then you will be able to set up alarms on those lines as I described for yourself. In case of a proper break out, the conservative target is indicated by green line and actual target is indicated by orange line. However, we can stop going down at any of the major supports that are indicated in my previous idea (linked...

profghibli Updated 

Hey guys, after the EEA3 news was not able to break thru the selling pressure of ICOs, after some consolidation with occasional spikes in buying AND selling volume, we finally broke thru out the symmetrical-ish triangle. IF we break thru this orange line ($200 mental support), shorting games can be started . On the graph, I drew all major (and some minor)...

profghibli Updated 

In case of break out the target and stop are shown by the "long position" element. The actual target is much higher but recently the market is erratic and consistently fails to reach conventional targets, so the suggestion is to use reduced targets. To make this chart clearer, click "share" > "make it mine".

profghibli Updated 

This is what I'm looking at. We just broke the recent steep downtrend resistance line (lower blue line). Can we break the longer term bear resistance line? The price previously touched this line 3 times and then plunged down. Will there be enough bulls this time? If not, there will be good opportunity to short (but only afrer we are certain we are going down, and...

profghibli Updated 

Based on Dow Theory analysis and my own studying of how the bottoms are formed AND the sentiment of the r/ethtrader community (which is by far the easiest way to gauge sentiment of the majority of ETH userbase) I believe that we are nearing another local (or global) bottom, and I expect the price to shoot up at least $80+ upwards from one of these levels (they...