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5thwave

Tron $TRX - Fifth wave extension of a Fifth wave extensionZoom in for a more detailed perspective. From my (amateur) research I have seem to come across a fifth wave extension of a fifth wave extension in Tron $TRX. I believe this because when you check the BB (Bollinger Bands) the 2nd and 4th waves in the primary wave cross by the middle support line on the hourly charts, but, as it reached my previous target resistance line (check previous ideas on Tron) it just powered through it and never crossed the middle BB line for the correction wave A. Besides all this if the 5th wave has been hit and if it is about to correct for the next 2 days before testnet launch I see these first 5 waves up as a 1st wave in a Cycle, I believe there will be a big correction after this high and then an even bigger high to come for Tron (3rd Wave). Please correct me if I'm wrong or comment on how you think Tron is playing out. NEVER take my advice I publish these idea's because I enjoy charting and seeing other peoples ideas. ALWAYS ALWAYS ALWAYS DO YOUR OWN RESEARCH if you are trading!!
by dowdall
Complex BTCUSD Technical Analysis 1.5 Will it fall ?BTCUD Hey Guys, I was Wrong really wrong thinking that btc was heading for its 5th Wave NOTSSSSSSSS Guys, BTC is going to crash real hard In the next few days ! It does take longer than I expected. Will it crash harder than I expected ? I could see it going to the 4700 area OR 3000 area but not further down. We have to be expecting the end of the world in the news LOL. BTC Is a scam BLA bla BLA ! They don't know because they don't understand ! Do you ? Do you see the potential After BTC Final drop ? Do you realize that we could be expecting BTC for 40K 50K or maybe 80K who knows !?! The ONE thing I know, is that Banks are coming in real hard and since nobody knows how Crypto works, well, US todays traders will benefit from the high volume coming in from those Banks/Whales ! Traders IF I Could give you ONLY one Advice it would be: LEARN TA & fuc*%#@ FA. Before investing anything, Learn the Skillset of TA (Technical Analysis) Read a lot, Watch Video on how to use X Tool and Y Tool. If you want to buy signal and get into Pump & Dump Shit You are putting your future in some else's hands and you are a lot more likely to get emotional when you're losing money. If you guys what to learn and become a successful trader and live on this. Join the learning team ! Cheers Love you all !
BITFINEX:BTCUSDShort
by CryptoDjet
Truncated 5th wave at the $11,800 resistance?I've been watching the $11,800 level for a few days now as it's a VERY strong resistance point. I'm now seeing a rising wedge that, to me, indicates a truncated 5th wave and a retraction between $10,500-$10,800 before we bounce for the 5th wave up. Short term - I'm bearish and planning on shorting down to $10,800 then I'll flip to a long position to $12,800-$13,300 range. Let me know if you're seeing something different, as with usual TA is open to interpretation.
BITFINEX:BTCUSDShort
by Budshoot69
1
BTCUSD + 5th Wave Confirmed = LAST DROP + WARNING 1BTC/4700$BTC Has confirm his 5th wave YESSS I strongly suggest you guys to wait before buying some more BTC or ANY other coins. The reason is simple... BTC Drops... And we see Blood everywhere... Please go and see my BTCUSD chart (link Below) to understand What is coming in the near future OR If you want more info, update on BTC or any other Alt Coin Join me on telegram (Link Below) Remember Investing is about risk management and NOT a ONE TIME Huge Profit... Please LIKE & COMMENT Feel free to give some Negative or Positive feedback to make sure everyone benefits from your vision D-Jet
BITFINEX:BTCUSDShort
by CryptoDjet
2
Is CND Ready For Wave 5?Please reference Chart. 1. The current CND channel, marked in purple, shows the potential for completion of Elliot 5 Wave which states that price action travels using a 5-point wave followed by a 3-point correction. This would leave CND with one more wave back to the top of the channel at about 1550sats, and would then experience a 3-wave corrective move. The pattern would be nullified if price broke through the top of the channel, or maintained its course inside the channel through the next wave. 2. The "Bars Pattern" tool (left side taskbar) can help visualize one potential course of price action by copying the previous wave's path, but of course should never traded on or given much weight in general. 3. The target of 1500-1600 sats yields over 80% returns with a significant Risk Reward Ratio (RRR) of 6 (which is measured by comparing potential gains against a stop-loss position). I generally trade anything with an RRR of 3 or more, so a 6 is definitely an attractive bet, like having a straight on a board with no flush potential. Position: Long Potential: 82% ROI Trade CND: www.binance.com
CLong
by btc123
XLM/BTC - 5th Elliott Wave - Buy opportunityXLM/BTC is, in my opinion, showing signs of a 1-2-3-4-5 Elliott Wave cycle in the 2h chart. The 3 rules that an Elliott Wave has to follow are: -Rule 1: Wave 2 cannot retrace more than 100% of Wave 1. -Rule 2: Wave 3 can never be the shortest of the three impulse waves. -Rule 3: Wave 4 can never overlap Wave 1. All of the rules have been, so far, perfectly respected. The stochastic RSI indicator supports this, showing an oversold condition, looking like it will curve upwards. I set two limit buy orders: One at 5100 satoshi, where we are now, because this level has been rejected twice already, and it is also the 61.8% Fib. retracement from the low on Dec. 31. The other one at 4600 satoshi, where the lower deviation of the Bollinger bands, the 50-periods SMA and the 50% Fib. retracement also intersect (and also the Fib. fan shows support at that level). Boh of these levels are strong supports and if price will bounce there, we'll very likely see an Elliott Wave 1-2-3-4-5 pattern. My target level for profit is around 9500 satoshi. This is not financial advice, this is just my opinion. Any comment is appreciated. The Bollinger bands show a chance that price could fall down to 46
Long
by Andratos95
4
Ethereum Will See $1000 Before The End Of The WeekThere is a relatively clear Elliott Wave structure on the lower timeframes and it certainly looks like this market is pointing up for the next few weeks or so. I am looking to buy on any minor retracements as long as $812 can hold*. We don't really have any divergence on the 1h chart, but may have when (iii) is carried up into the potential resistance zone. However, I won't be exiting at that point because I am still confident in the bullish case. I'm looking for the momentum to again pick up after minuette (iii) is completed, as fifth waves like to extend in Cryptocurrencies. I will most likely update this chart tomorrow to refresh Fibonacci levels for targets and reversals. I will only look to exit on a clear 5-wave impulse to the downside, or once significant divergence and ending patterns are generated by this market. *The reason $812 is significant is because there is a lower degree 4th wave completion just above this level. RN Elliott noted that 4th waves on higher degrees tend to hold above the 4th wave of one lower degree. Of course, this is not always the case, but in most cases it is and i'm happy to play to the probabilities. Have a great trading week everyone!
COINBASE:ETHUSDLong
by StippWian
LTCUSD - History repeats itself - target $130From current analysis, it looks like we are in the 5th wave of this rally but not quite done yet. Comparing the previous rally from August to September... the levels of the wave 1 and wave 3 are similar to the current rally. Trying to estimate the end of the 5th wave, I looked for the level reached in the last rally which was just above the 4.76... RSI levels compare nicely to previous rally as well. The ~130 level is also an important level on the weekly and monthly charts as well. I assume we will see a slight pullback on ~100 but if history repeats itself, then we should push through and break it this time.
COINBASE:LTCUSDLong
by telnemri
4
Eur/Aud set for the 5th wave upThe Daily chart seems a little confusing as far as structure. Zooming out to the weekly we can clearly see that price wants to go up for one more move. I`m not sure how far it would go but I don`t expect it to go way above the 3rd wave top. After the 5th wave is over, we should see a deeper zigzag correction to one of the support levels (with yellow dotted line), before continuing the bigger move up. Euro appreciated a lot against most of the currencies and looks ready for a bigger correction on all the pairs.
Long
by MarcuDan