This is an updated count, and for me, nothing has really changed! My minimum target would be around $9,000, and we wait and see if it hits it, and if there is more blood in the water thereafter...! Good Luck!
There is still plenty of support before heading to the 8,000 range, but it it possible for a larger correction at play here. Cheers!
Very sneaky wave! When everyone is looking at the same thing (ie. a triangle, or a much lower price), sometimes it winds up being different! Let's see if Bitcoin is up for the task! Cheers!
Deep retracement for Wave 2, and if it is a 2, BRACE yourself!!! Regards!
It is possible for Bitcoin's price to correct in a similar fashion as the 2018 correction, but on a smaller scale, where price would drop to the $8,000 price range. Cheers!
Thanks to all of you that follow me! I hope you find my analysis to be helpful and accurate! Have a great weekend!
Some said this fractal would never play out...starting to talk like a duck too!!!
Latest update. It appeared that Bitcoin might put in a triangle before heading higher, but it did NOT, thus I am anticipating an ending diagonal to complete the wave 3. My target has not changed....AT ALL!!! Good Luck!
Price is really starting to reveal the triangle, which will continue to move within the boundaries. Regards!!!
I have it as a Flat for wave 2, although there is a possibility for a 1-2, i-ii options but I didn't include it at this time. I also believe there should be one more low to come, then another attempt higher. Regards!
Sometimes when markets become too obvious, I typically become leery of the pattern. Far too often, it doesn't work out the way it looks like it should, but despite being leery of the repetition of patterns taking shape, one can't deny the similarities that appear to be unfolding!!! Regards!!
I've seen plenty of Elliot wave counting on this board, and while there are some EXCELLENT technicians, there are also some that need more experience and study to truly understand EW counting and wave psychology! There are times, when counting E-waves that you need to take a step back and let more waves to develop in order to begin to see the overall picture of...
Nothing has broken yet! Pretty simple chart really. Price drops back into the channel, and that will open the door for the Bears, staying out of the channel, and the Bulls will remain in control! No one else had 8200-8400 on their radar...I DID! Everyone else has been calling for larger drops here...I HAVE NOT! 10,832!
First, Mr. V stop plagiarizing my work! Originally I called for the wave 4 (purple) to be an "expanding flat", but I believe that it is morphing into a triangle to help digest this challenging price range! Nothing is broken, at this point, so I would expect the market to move higher for the lower degree wave d, then a drop for the e wave, and then ultimately a...
It's been awhile since I've posted a chart regarding XRP. I thought that I would at least provide an elliot wave count for the correction up to date. I believe it's completed and price is looking to launch higher, and the elliot wave count is "TEXT BOOK"!!! Very complex wave! As I posted on Twitter a few weeks ago, keep in mind that Alt-coins lag Bitcoin, so when...
I'm not saying this is a "BULL TRAP", but if it were, this is what I see. Choose your stop accordingly! Regards!
I've posted the overall bullish path without much of an elliot wave count, but this is a revised count, where I have applied some math to the current wave 3 top, which forced me to use my alternate bear count from the 2017 top. Either way, it doesn't really matter, but details are details, so here it is. I'm looking for a Wave 3 peak at $10,847.50, so let's see...