ravno_108

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About me Mostly in ETH, based on Elliott Waves.
Last visit Joined 8 months ago Germany https://twitter.com/balance_ra ethavest.wordpress.com/
the direct way to learn how to "buy the bottom and sell the top" is to understand the market sentiment. Welcome to join us at www.santiment.net, where the community of traders is building up the sentiment in crypto markets
Markets Allocation
Top Mentioned Symbols
BTCUSD 83% | 5 ETHBTC 16% | 1
ravno_108 ravno_108 BTCUSD, 60, Short , 6 months ago
BTCUSD: Coming back to the last triangle breakout
227 1 3
BTCUSD, 60 Short
Coming back to the last triangle breakout
We have had lately plenty of triangles. More often then not the price will eventually come back close to the origin of a breakout.
ravno_108 ravno_108 ETHBTC, 30, Long , 6 months ago
ETHBTC: Break out of the last triangle in ETH can be retraced
156 0 3
ETHBTC, 30 Long
Break out of the last triangle in ETH can be retraced
It is often after the break out of triangle that the price will come back closely to the origin of the breakout. Besides, the whole structure looks like double correction. a-b-c, triangle and once again a-b-c SL 0.02340 TP 0.02550
ravno_108 ravno_108 BTCUSD, 30, 6 months ago
BTCUSD: BTC correction down.
363 6 4
BTCUSD, 30
BTC correction down.
Second attempt. Here again we have: 1) 5 waves down 2) broken trend line The most probable direction now is down. SL is around 555 (BITSTAMP) Profit area 505 - 510
ravno_108 ravno_108 BTCUSD, 30, Short , 6 months ago
BTCUSD: BTC should correct from the current level
357 1 8
BTCUSD, 30 Short
BTC should correct from the current level
We can see a nicely formed 5 waves down, which are marked here as "a". Wave "b" is deep and gives a perfect Risk/Reward Ratio. SL is 545 $. First goal is around 480 $
ravno_108 ravno_108 BTCUSD, 240, Short , 7 months ago
BTCUSD: Bitcoin one more leg down
414 3 6
BTCUSD, 240 Short
Bitcoin one more leg down
We had a strong 5 waves drop, which is marked here as "A or 1", then the corrective three waves move. What should come next is another leg down. After breaking the rising trend line (red colour) the drop should accelerate.
ravno_108 ravno_108 BTCUSD, 30, Short , 7 months ago
BTCUSD: Need to visit 446 first
141 0 1
BTCUSD, 30 Short
Need to visit 446 first
After the breakout from the triangle it's usual that the market will come back to visit the middle of it again. In our case it's around 446. Depending if go to this level in 5 waves or in 3, we could probably decide the further movement
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