elliott77

elliott77 Updated 

If your in BTC and your afraid of heights, its probably not the best time to be in unless you can afford to loose the money IMO. I see a large diamond shaping up and next up on deck is a huge drop if this analysis comes to fruition. Be safe. Perhaps you all see something I don't so good luck.

elliott77 Updated 

It looks like the DOW is getting ready to fall within the next few days ...let's see

elliott77 Updated 

This is an update to an already existing idea of mine that keeps developing. The logic behind this chart, other than pattern analysis, is simple; Market psychology paired with a bad economy. In this chart BTC breaks down to 11.5k by the end of the December timeframe (though timing is impossible to predict, this is just an estimate. If often takes longer than I...

elliott77 Updated 

CPI numbers come out tomorrow morning. Will they be worse than expected? Probably not but also not good enough. I think there will be a selloff as a result until the Fed meeting Sept. 20-21. I think BTC will hit bottom again and stay there for a month or so before resuming up (unless some world event causes a crash). I think BTC will climb until the beginning of...

elliott77 Updated 

Given the CPI report this morning and Powell's speech from the Jackson Hole, I think this is very plausible. Let's see

elliott77 Updated 

A lot of my analysis is based off of US markets, DXY, and where I think the economy will be next year. Let's see

elliott77 Updated 

This is a short term prediction of where I think DJI is headed before it can resume an uptrend. Let's see

elliott77 Updated 

BTC can't seem to rise above the 200 EMA on the 4hr. Will it be any different this time? We shall see

elliott77 Updated 

This looks like a head and shoulders pattern to me but we shall see. BTC following...prepare for a big drop IMO

elliott77 Updated 

BTC finding support on the 2 day 200 EMA? Let's see

elliott77 Updated 

I think there are four possible paths ... 1) drop to low 29k in the next 10 days 2) take off from the neckline in the head and shoulders up to around the 58k area (path I'm leaning towards at the moment) 3) head and shoulders pattern completes and then drops down to the 26k area briefly before climbing back above 29k area ...sideways and then up to the 65k...

elliott77 Updated 

Will 40k area hold? Will we see a lot of volume soon? I think so but of course let's see. It's BTC after all.

elliott77 Updated 

Textbook trading essentially...hit the 38% fib just like last time. Let's see

elliott77 Updated 

Just an idea. Were we meant to see this buy signal? Kind of ironic, don't you think? Is BTC going up from here? I think so but perhaps it will head back down to the 59k area before it becomes more clear.

elliott77 Updated 

Clean setup (handle touched the 38% fib) and great project. BTTC - side chains to scale smart contracts, compatible with EVM ...supports TRON, Binance Smart Chain ( BSC ), and Ethereum .

elliott77 Updated 

From a technical standpoint it looks really good to me, especially in the next 30 days. A lot of interesting projects going on here, including BTTC which I have already posted about, but there are many more. Let's see as usual

elliott77 Updated 

This looks to be a descending channel to me but we shall see if it breaks out in which case this idea would be invalidated. After loosing some money, I looked at the other frogs in the pot and they said the water sure is warm. That's when I started to consider that I was being cooked alive and jumped out :) The powers that be are doing a nice job at dropping the...

elliott77 Updated 

Have we seen this pattern before? I think so and it may look something like this IMO. The climb up is short (less than 20 days). The drop could be harsh. What better time to drop the bottom out when everyone expects a bull run? (about mid December). I am very leery at the moment until proven otherwise.