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Abcpattern

BTC Don't Get Tricked Thinking That Correction Is OverIn the last two days we saw BTC and other cryptos rise up in price. If you are new in this space, some of you are probably thinking that btc is done with correction and it's going up. While this is not totally out of the question, as it could still surprise us with setting new highs. I've been in this space for almost 4 years now and would be VERY surprised if price would indicate that a correction is done. Anyway, everything points out that we are doing an ABC correction, where we've just finished a B wave, almost touching a 3.0 fib extension level ($53023) and are most likely going for another scary leg down which should take us a little deeper than A wave. Be prepared for very negative news, whatever will be sad, don't lose sight of a bigger picture. I am not a financial advisor so don't buy anything that a say. Wish you all successful investment. BITSTAMP:BTCUSD
BITSTAMP:BTCUSD
by CR35
6
XRP Don't Miss Last Ultra Cheap PricesBITSTAMP:XRPUSD We are once again approaching to a 0.5 fib. retracement level ($0.54), extended between this months high and low. It is very likely that we may climb a little higher just to poke a 0.618 fib retr. level ($0.60) a few times and then go down to finally complete an ABC correction. What i am trying to say is that, while those last dumps may look very scary, don't be. Instead, be greedy when others are fearful, and try to look at them as a very last great buying opportunity. I've highlited those areas (Yellow and green) where prices could reach in a short term and then reverse. Reaching to a green area is very unlikely but it may just go that far. That is not to say that we may climp and go for a complete blow of top, that is why a peronaly would not short any xrp as it may just explode and not go for an abc correction.
BITSTAMP:XRPUSDShort
by CR35
1
Chainlink make a reversion of the price!!! Short PositionAt the moment, looking the H4 and H8 timeframe, both timeframes show bearish sentiment for Chainlink and that it's a possible liquidation and reversal of the trend. Now, looking the chart in H4 timeframe, we see that the price action speaks us that we would need to sell Chainlink toward the $12 dollars again find down the same trend support line. So guys, I entry in the market price around of $13.51 USD with a SL at $14.17 USD and my target profit will be $12 dollars. Good luck in this short position toward the $12 USD, and maybe we could to entry in bought approximately at $12 dollars. But now, if we enfocous more in H8, Chainlink was formed at the same chartist apttern ABC, maybe this it's a consequence of stability that Chainlink make and that could be a possible consolidation, but a consolidation that we can to get an extra benefit. So, I reccomend to closed up manually the long position on Chainlink now!!!
COINBASE:LINKUSDShort
by harisonhbn9718
Overview: Perspective for bearish scenario!!!Hello guys, in this overview, I want to include a strategy to sell Bitcoin when Bitcoin reach up the $19k level. In that psycological zone, we would need to take decision. So, I did analyze the 3 Daily chart and we touch this red zone in the RSI, that indicate sell inminent. Lets me to explain you that: creating this function, I see that in the pass when in hte end of the bull rally on 2017 that was a important point in the RSI and price action near of $20,000 USD. As a second time Bitcoin touch the highly point in the RSI indicate sell that I remember in June 2019 that Bitcoin was around of $13,800 USD near of $14,000 USD, we have a correction ending the year 2019 with a cotization of $7,200 USD in December 2019. I remember that thing when Bitcoin make this correction in the past year. And right now, we are in the same time to sell Bitcoin touching as third time, a inminent sell that we would need to see in Bitcoin. Now in he weekly timeframe, we see the same situatin just using this timeframe and using the RSI to modify the points key, so, I see that we turn to bearish in the next days, just we would need to have a good decision to shorting Bitcoin, and also including the market hunters and manipulations that whales and institutionals make for traders amateurs to will be liquidated. That thing we would need in our hand if in case that Bitcoin it's above of $20,000 USD and break up this mark, we would see in any case possibile hunters here to bear scenario. But looking in my perspective. we have 2 correction if you apply the Fibonacci using the 0.382% and 0.618%. The value are $16,150 USD and $13,800 USD approimately looking these level to bought Bitcoin for discount. now, remember that I'm in the trade in long time and I say you that maybe Bitcoin it's go back to the $19,500 USD and it's happen right now, the price in this moment it's around of $18,800 USD and we're in profit in Bitcoin and Ethereum. So, I hope that Bitcoin it's touch my target profit at $19,500 USD and later that Bitcoin make it. I will going to hope the Daily's candlestick to know where Bitcoin it's going on. And also, the Daily chart it's important for this case. So, I will still alert on the $19k levels if Bitcoin make any manipulation or good entry to shorting in these levels. So guys, if you like this idea and plan, please get me a like,share this analysis with your friends, traders or people enghusiastic in the trading of cryptocurrency
COINBASE:BTCUSDShort
by harisonhbn9718
Updated: NEO show a bearish rising wedge forming in H1 timeframeI reccomend to closed up the long position and don't make anything until NEO reach down to the key support to bought. This it's a manipulation pure!!! So, to respong your question, remember we are entry in the new cycle and my perspective it's bullish Now, the H4 it's the key, and we would need to hope the formation of the latest C of the elliot wave correction ABC to entry in the next elliot wave cycle in H4 timeframe. So, I will going to still alert in the next hour when NEO reach down in this support between the $16.50 USD to $16.70 USD to activate our long position in this zone. going to break down the yellow zone below of $16.20 USD. That it's my other scenario to put a short position. This it's my clear chart. And also, I make an update of the candlestick color if you see, so, we hope a bear scenario soon to these level, so I do not reccomend to put any short position when we are in the bullish trend, if you want to put any short position, the only that I want to see it's that NEO. And remember, the grey zone on H4 timeframe where it's into the yellow zone Daily, this is another reaction that we need to put any long position in H4 timeframe with a candlestick confirmation!!! So guy, it's based in my elliot wave studies!!!
BINANCE:NEOUSDLong
by harisonhbn9718
1
USOIL Double Top and dropHello traders! As i predicted in my previous post that we will see a double top and a drop and It happened. The Reason I was expecting a double top is that I am expecting this drop in Elliott wave ABC formation and After completing wave A in 12345 formation wave B must be in abc formation and according to Elliott wave rule wave B must not cross the wave 2's high of wave A. So the only option left was to form a double top. Hit the like button if you find it helpful and follow to stay connected.
TVC:USOILShort
by Aadil1000x
5
GLD short, at resistanceIdentify Price action: 1. Sideways; Find: Support and Resistance 2. pre-support became resistance 3. ABC pattern Short Entry 180 Stop 181 -- For stock, $1 stop is very easy to be triggered. Target 175; reward:risk=5:1 Target 170; reward:risk=10:1 Use Option to play this Game. I am not a PRO trader. I need few months to practice trading strategies. If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
AMEX:GLDShort
by PlanTradePlanMM
2