shaunyteel

shaunyteel

At the moment I believe we are in a long term wave 4 within an overall wave 3. However this could be a very long re-accumulation stage before we hit wave 5 which will be insanely high. An ambitious end to this wave could be a dump/spring to 2075 (cannot go below wave 1) before it shoots up and my wave 5 prediction can reach fib levels of 1.618 @ 8648 or 2.618 @...

shaunyteel

Here is my prediction through Elliot Wave analysis. We have more downward movement before we start a bull-run. As soon as we hit the 0.50 mark then it's upwards from there on. This is not financial advice, DYOR and good luck

shaunyteel

At the moment I'm looking at a short on 2nd wave correction as part of an ultra bullish move up. DYOR and Good luck!

shaunyteel

As previously predicted we are still going down however the Wave 4 correction is looking like a XYZ (sorry TV has only WXY) 7 waves of which we have completed the 4th which is the X. Now we can trade short and as per Fibonacci extension prediction it looks like we may reach 0.5074 before the next rally up. DYOR, this is not financial advise and good luck.

shaunyteel

We are in the 5th Wave within a C wave correction drawing to the end of wave 4. This will be sharp. According to Fibonacci extension we will look to end at 100% and a entrancement of Wave 3 to 78.6% both leading to 0.5349. My trade will be TP 0.5355 SL 0.551. DYOR, this is not financial advise and Good Luck!

shaunyteel

This will complete the wave C of an expanding flat (3-3-5). I believe we are in the 5th wave and will look to TP around 0.6150. Afterwards expect a huge movement downwards towards the 0.20 region. DYOR, this is not financial advise and Good Luck!

shaunyteel Updated 

At the moment we are in the completion of wave four which happens to be a contracting triangle. The move up is going to be a ABC 3-3-3 for a Flat or 3-3-5 for Expanding (which looks more likely). I will take profit at the 0.5300 area which is close to the 2.1618 on the Fibonacci extension. Also note that the RSI has moved out of the oversold area. Stop loss is...