wave_traders

wave_traders

current wave might take some time to fully develop. after that an upward corrective move is expected. invalidation level for this pattern is not clear at the moment and the pattern needs more time to develop. side note: looking at bitcoin chart and other altcoins, shows that the bullish market is not over yet, and crypto markets will stay bullish in Q2~Q3 2018.

wave_traders Updated 

seems like the bigger trend is still up. right now we are new the end of a correction so a long position can be considered after trigger

wave_traders

this is an update on my last wave count end of wave (b) is near

wave_traders

near support zone + MACD divergence

wave_traders

ABC is complete, in resistance zone, MACD divergence.

wave_traders

a bearish motive wave is expected

wave_traders

Bearish for the the time being

wave_traders

Seems like we are going to have a bearish impulse as wave c of C of wave 3 is likely going to be extended

wave_traders

still in correction - for now we can expect a bearish impulse as wave 5 after the correction is complete.

wave_traders

major trend will be bearish for weeks

wave_traders

seems like an uptrend ...

wave_traders

seems like a wxy correction.

wave_traders

sell opportunity in hourly chart. El.W. analysis

wave_traders

long position entry: ~ 1.1100 take profit: ~ 1.2240 stoploss: 1.0920 regardless of the swings along the way, price could touch 1.2240.