Bounced at one of the last few supports remaining. Impulse wave up on 5m scale (15m is the lowest allowed for Published Ideas). Potential Inverse Head & shoulders
ONT has been oversold on the Daily for over a month. Are we looking at the beginning of a Reversal that many of us have been looking for? Too early to tell but if we complete this 5-wave structure, this...
Not too much history/data on VET but from an Elliott Wave perspective, it could potentially be a good trade with a great Risk/Reward ratio. Clean 5 impulse waves up and ABC correction with good sub-divisions. Bullish divergence on 1hr RSI. Target #1 for a more conservative Wave 3 target.
Entry - 263-279 Sat.
Target (short term) - 288-299
Target #1 - 353
I'm currently Long on KEY with a STOP at 145 but here's a bearish look if we fail to break out on the upside of the wedge. A bounce off the resistance line would potentially form a H&S and if we break through support, the next line of support is around 120 sat.
Looking at a possible trend reversal for KEY. We've got a clean impulse wave up with a well defined sub-division for Wave 1. The 1st sub-wave of Wave 3 is currently and the next target is the 3rd sub-wave of Wave 3.
Entry - 160-165 Satoshi or enter on the breakout of the resistance line.
Target (Short term - sub-wave 3 of Wave 3) - 224
STOP LOSS - 145
After an impressive run-up leading up to the Mainnet release (and a clean Elliott Wave count, mind you), it's been a downhill ride since. Will we see a bounce soon or will we another test at 310? I am leaning towards the latter.
After breaking down the Elliott Waves and coming up with a valid count of the "C" corrective wave of the largest degree, this is the...