All possibilities have to be considered and so this triangle has to be respected....both up and down breakout targets as per screen! thepatternsite.com
Nice corrective pullback to possibly end Wave (4) to meet lower diagonal in a smaller rising wedge, now looking for Wave (5) in the "Falling Wedge" pattern! Target 1 : 0.07545 Target 2 : 0.08896 Target 3 : 0.1462
Another bullish triangle to take us to a target of $19785. thepatternsite.com
Have great hopes for this coin but first upside break of this pennant necessary! thepatternsite.com
I suspect everybody including myself waiting for a pop on litecoin, so this is what might happen? stockcharts.com
The correction now over and looking forward to higher levels again! Nice Elliott Wave formations in the shape of Expanded and Regular Flats. Target : $17751
Most of us were looking for a simple ABC correction including myself but some were purporting this correctly now in my opinion! Therefore I will be surprised now if the so called Head & Shoulders plays out? thepatternsite.com
If it looks like a duck, swims like a duck, and quacks like a duck, then it probably is a duck. However, to apply the technical rules for volume in a Head and Shoulder Top pattern the head volume should be much greater so it may be an imposter! Most problem reason top of Wave 5 in an Expanded Flat:- thepatternsite.com www.chartpatterns.com
If so it is a poor excuse to get the market down in my opinion!
Looks plausible only time will tell whether or not this plays out? thepatternsite.com Targets estimations for up & down breakouts. NB : We seem to be consolidating around the 50% retracement level!
Segwit2x and powerful surge....so will it continue or fall back that is the question?
No axe to grind here but watching closely for opportunities! Estimated targets as per chart. thepatternsite.com
Looks the most likely outcome now? Wait for confirmation line to be broken for clarification! 200 EMA(purple line) has been tested. thepatternsite.com
Nice Santa Rally to continue to targets as per chart! thepatternsite.com
If the wave count is correct we are probably in for a few months of consolidation? The Head and Shoulders appears to be genuine with a 61.8% retracement of Wave 5 since the recent all time high. thepatternsite.com
Not much to say but well done to those who shorted I personally diverted to some alternate coins but they are being dragged down by bitcoin! Head & Shoulders most evident target as per chart.