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BTCUSD - ABCDE in progress?Last night I was debating whether to long or short bitcoin around 11200, at that point it really was a coin flip. Since we have recovered 0.236 of the last swing (B-C) and that level has acted as support on both the 1 hour and 4 hour time frame I'm happy to go long here with caution.
I was hoping to see a previous gartley play out ( ), the upside target was hit (eventually) but I feel this may now be an ABCDE correction since the pull back seems to be calming down and flattening out.
I've added notes where I'd expect false breaks to happen. My upside target is still around $16,400 (coin base prices - see previous chart, this chart is bitfinex)
NEO/BTCHello Friends,
Not much to say here, looks like the ascending ABCDE channel is yet to hit it's mark. The Bill Williams Fractal says no buy yet on the daily however the weekly chart is beginning to form a inverted hammer candle as is the RSI nearing oversold. I would wait a bit longer before buying into this ALT and see where it will head in the following days. If the weekly candle closes as an inverted hammer candle, that should put NEO into or near oversold RSI and at the projected daily chart of the predictable channel towards its target for a bounce upwards for a change of trend. Observe on this chart the stop loss and the buy zone.
Details on the Chart.
This is my viewpoint and my opinion. I am not giving advice but only sharing what I see. Do not enter a trade on my TA but do your own homework.
Cryptocurrency is volatile and very risky. Never invest what you can't afford to lose and always educate yourself and continue to do so when making any kind of investment.
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CYA on the next one...until then, the trend is your friend. Buying on the dip and selling on the hype.
Cheers!
When the indicators align: Potential long-term trend reversal!Hi, all the original video didn't seem to publish so I have redone it.
Heres a video summary...
XPT has been giving me the eyes from across the bar all night... However, I am sitting on my hands patiently waiting for absolute confirmation before striking. These sensational charts are suggesting to me we are approaching a potential long term trend reversal!
Here are my confluent reasons why...
1. Falling wedge pattern.
2. Bullish divergence on the RSI.
3. Higher lows RSI, lower lows price action.
4. Potential ABCDE count.
5. Price action really stretched away from EMAS. (weak indication)
I believe we are going to get something like this
However, there are multiple pathways it could take...
we have to look on the flip side as well, very possible we break out now and bull off into the sunset
Or we reject the top trend line head to the bottom trend line and continue this strong downtrend.
Either way, Platinum looks juicy and prosperous and I am leaning towards bullish.
Be patient and prepared for anything and let me know your thoughts.
Good luck and happy trading :^)
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
BITCOIN About to GO BERSERK With An EXTENDED 5TH WAVE! MUST SEE Dear Friends!
Or?
No matter what this one is a pretty easy! D4rkEnergY will guide you - he cares about you. His mission is to MAKE YOU RICH!
We here have an ascending wedge, which normally would mean, we would go down. And it is definitely as possibility! But wait - Because Bitcoin might have a different hidden plan. It has escaped the down line, and take a close look - Bitcoin might go berserk and make a 5th Wave Extension!
So 2 Scenarios:
- BERSERK-version which up via my Elliott Waves (You can make a LONG position with a stop loss below the wedge.
- BORING-VERSION if the other option should fail, you can almost be sure we will go down, and you place buy orders at my pink box. Hereafter we will go up!
You are welcome!
Number 1
D4
EW ABCDE Triangle Correction on Bitcoin (#BTC)Bearish Bitcoin Analysis based on Elliott Wave Count, Fib Time zones and Fib Wedge tools.
The prediction is based on the fact that Bitcoin is still in ABC-Correction of greater degree and the last bottom hasn't been validated yet.
Imo, Wave-A of Grater ABC-Correction is finished and Wave-B is just formed. In more detail, this Wave-B is made up of corrective ABCDE-Triangle. Wave-A is already formed and Wave-B just started.
The goal is to test the last low or create a new one.
If you like my TA, pls. hit that "like" buttom, follow me or leave your comments. Thank you.
D4rkEnergY Is Here With a BITCOIN PRESENT For You! Make 27 %!D4rkEnergY is COCKY - He is arrogant. He talks the talk - But he also walks the walk. Numbers don't lie! Take a look in my signature, and see how much I'm up in 2019!
But I'm also generous - And that's why I want to give you this SIGNAL for FREE.
People know I have been bullish for a long time. You remember this chart?
Forget about people who are telling we will go to 4,200 USD - They don't have ANY evidence to support that scenario.
-
BULLISH SIGNS:
- Since December 15th where our uptrend started we have had increasing volume . We also call that Price/Volume Trend Convergence, which basically means that is supports the ongoing trend.
- Bullish Momentum is still huge
- We had a failed bearish HS Formation - the bulls were too strong, and kept us away from the horizontal neckline
-The Market Sentiment is still over all bullish
AND...
We will get help from the Whales, who want us up to 6,000 USD. The reason is simple - at 6,000 USD we have the biggest liquidity pool, where whales will have the opportunity to Stop Hunt the market again and again, and become more rich!
You are welcome, guys!
The Number 1
D4
Bullish scenario in XRPwhat i see in xrp is, that is about to finish wave 2 in a bullish trend on the ( daily-weekly).
and it has formed a BIG descending triangle, if this scenario plays out perfectly, we will get a last touch on the 7 months old support. if that plays out. i´m pretty sure we will be looking at prices around 0.35-0.50 in ending off may. (maybye april) if you pair the news about xrp there have been published in the last half off year. AND keep in mind that we are about to jump into the 2 quarter off this year. im pretty confident to say, that we will see a spike in the price, in the nearest future. BUT i will not call it a bull-run yet! i think we wil have to look at prices around 0.30-0.28 again. and THEN i will concider to call the BULL-RUN. but for now. I will be looking for longs around 1-5 april in the 0.26500-0.25900 ( maybye before) if you are using stop-losses it will be in the 0.24880 zone. it could give a great R/R 1:3 to target 1.
1 target = 0.29700-0.30700
2 target = 0.40500-0.45000
AND always remember to trade safe and make your own descisions and TA´S
good trading here from ;)
#USDCHF 1 HOUR #WOLFE #WAVE CHARTUSDCHF 1 HOUR MAKE WOLFE WAVE PATTERN STRONG SUPPORRT FOR TARGET 1.0050AREA
#ELF unleashedELF have been in accumulation for long and even in this pump didn't fully achieved targets.
We are inside a broadening wedge and we are going for the kill before mainnet release at 31st March.
ABCDE Wave pattern will be completed soon giving us a reversal buy zone, I'd like to call attention that point E (buy) more often than not reverses half way to bottom, and we have here some pretty sweet spots to get ELF, being them 61.8%, 78.6% fibos and finally bottom of broadening wedge and support at 2868 sats.
Our macro targets here are huge, and we didn't even achieved this time algo target of -23.6% fibo or 127% ext fibo
Breakout zones: 3250 - 3340 - 3449 - 3592 > open to Macro targets - breaking this ranges will take us above, they are resistances our main resistances to achieve macro targets.
Take-profit zones: 3617 - 3855 - 4158 > MACRO > 4543 - 4731 - 4969 - 5657 open to 6771 - last and respectively 361.8% fibo
As a heads up, we have been profiting quite few times with ELF swings and this major move was expected already where we booked 36% profit, If you'd like to join us or more info, PM, we are a free channel.
BITCOIN ($XBT): ABCDE PATTERN'LL LEAD US BELOW $3K..RE-COUNTEDBased on current price action, I re-counted my ABCDE Triangle Idea.
There is a good chance, that Wave-D hasn't been finished yet. In that case, the Bitcoin will re-test $3300-$3200 before goes significantly upward.
If you like my TA, pls. hit that "Like" button, follow me or leave your comments.
Thank you!