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Correctivewave

BTC in short-term: Small retrace before a big dropBINANCE:BTCUSDT BTC meets key resistance at $7630, as mentioned in lastest analysis, from now a small retrace is expected. This retracement, is also called as a 'dead cat bounce', might push BTC to $8100 area to finished fourth wave, will following by a massive sell off that might end up at $6700 (Fibonacci 38.2% level) or $6000 (Fibonacci 50% level) in panic mode. On overall this correction (wave (II)) is good and is expected, it is a good time for market to cool down after 2 enthusiastic week (wave (I)). This will be good time for those who missed the train to catches up some BTC preparing for the next bull run (wave (III)), which may have a leg up to $18000 in this summer. Details analysis, supports and resistances are as commented and shown in chart.
BITSTAMP:BTCUSDShort
by Batrachotoxin
2
Things you will hear during a #Bitcoin corrective wave $BTCUSDAs stated in the previous post, bitcoin is, in fact, bouncing back and will likely see $8100 and even a wick to $8200. If it does go above that I would be surprised but anything is possible. A 4-hour candle closed below the uptrend parallel channel but the daily candle closed well inside of it. I still believe that the uptrend CAN resume within this channel but I think that the odds are against it. Bitmex Funding and premium Index is starting to indicate that sentiment is flipping bullish. The shorts who are late to the game tend to get rekd during these pumps just as much as traders who long the top of every bounce on the way down. If longs on Bitmex outnumber shorts for the next day and a half or so, I expect a drop in price and possibly a retest of $7450.
BITSTAMP:BTCUSD
by blloyd
2
$BTC! Expected price action projection of this corrective wave 4Hey everyone, Details in the chart. Look up the Money Flow Index indicator if you're not familiar with it. It's a very effective indicator on the daily chart - basically combines RSI and Volume. Expected Price action of this ~35% correction is outlined roughly in magenta color, along with the expected MFI movement. Target of correction is around the $6,000 levels. Of course, this is not how things will play out exactly, but helpful to put things in perspective: big correction this month followed by strong rally higher (wave 5) going into July. P.S. This is by no means financial advice, and may be far from how things play out. Trade/invest safely. Cheers, Leb Crypto
COINBASE:BTCUSD
by Leb_Crypto
PARTY LIKE ITS 1999"Those Who Do Not Learn History Are Doomed To Repeat It." Qualcomm is mimicking the Chart Pattern it took during 1999-2000. QCOM just spiked over 45%, similar to the meteoric rise it experienced during the Dotcom bubble. The correction that Qualcomm is experiencing will reverse quickly after Chinese impose their retaliatory tariffs. (June 1st) So Before July 19th we should see another pulse upward in-between 5-15% that replicates the spike in 2000 after the initial price action. MACD, RSI, volatility and time cycles all play key factors here. After the pulse whether QCOM rises or falls depends on the trend of AAPL and the market.
NASDAQ:QCOM
by kingmidasLXIX
1
Apple down to 165$ in ABC move before a 12345 up long termIs Apple in for a big downward move? If the current wave is an ABC from 12345 up (End 2018 to start May 2019), then we are probably in B of ABC down. Crossing Red line around blue arrow would make this analysis doubtful and at 200 level it would be improbable. If it is correct we will see Apple at around 165 before meaningful bounce back. On an even larger scale this ABC should be followed by one more 12345 up for a wave 5 coming near the level of wave 3 or beyond. After this one will be a collapse of Apple in an ABC from the 12345 started in the early 90's. But by then -around 2040-2060- the water of the oceans will have reached our front door. (Which would explain the crash).
NASDAQ:AAPLShort
by Gethere2020
DECISION TIME FOR BTC? IS THIS WAVE CORRECTIVE OR IMPULSIVE?It all comes down to this correction here. How deep we go will be able to tell us if we will find new lows once more. If we Correct no lower than a 0.382 of "3rd" wave, and particularly hang around the 0.236 before moving higher, then IMO this is without a doubt an impulse and we have likely seen the bottom. IF we break lower and find our continuation of trend lower, at a 0.382 or 0.5 retrace of this entire trend, this will confirm this pattern as entirely corrective. The grey area in in between these two 0.382 retraces as they are entirely similar, so how will we be able to tell that its corrective and not an impulsive 4th wave? The rule of alternation. If we have a zigzag correction here before heading up to our next upper targets, this will also be a confirmation of a corrective wave structure. And soon enough, we will find ourselves with new lows.
COINBASE:BTCUSD
by River-crypto
2
RVN/BTC Re & Re Wave #3Hello Friends, Slight adjustments were made to this chart that I had previously published. However the point remains the same and thus nothing changes but a few minor adjustments were made as explained below. I noticed after the fact that I was missing the first wave correction fib. Also noticed that my fibs moved slightly, must of bumped clicked and they moved slightly (not much to make a difference) but however here is the correction to that. Take note the red 843 sats mark on the scale to the right was the 20 MA at the time of my last publication. The 834 sats is the green support stop loss where RVN bounced along "within" the bounce zone of the 0.618 fib retrace. This is just to be clear for those who like to be critical and can't see the forest for the trees. Cheers!
Long
by keifer
4
GBPJPY : SAE IV - ABC FeverFX:GBPJPY Monthly Analysis Bearish Shark Pattern Target 0.886 Corrective Wave (ABC) Potential Bullish Gartley Advanced Pattern AC 0.618-0.886 BD 1.272 Potential Bearish Gartley Advanced Pattern AC 0.618-0.886 BD 1.272 Potential Bullish Shark Pattern 0.886 (unconvincing a-c?) Potential Hidden Bearish BAT Pattern 0.886 (Weekly Timeframe) Support and Resistance Levels Moving Averages Fibonacci Retracement Levels Hedging Strategies activated Buy again targeted 2nd red zone This is an update from previous weekly chart analysis The Money Journey - Hope for the best and prepare for the worst Press the Likes and Follow button even if you don't want to.. that's just what is called "Thank You for all your Support" :)
Short
by EchoLAB
Ethereum - CondemnationBITFINEX:ETHUSD Weekly Analysis - 1 Hour Time frame Potential Bullish Shark Pattern 0.886 Potential Bullish Butterfly Advanced Pattern 1.272 Expanded Flat Corrective Wave (ABC) Support and Resistance Levels Moving Averages Fibonnaci Retracement Levels Hope for the Best and prepare for the Worst This is an update from previous weekly chart analysis ~ The Money Journey Press the Likes and Follow button even if you don't want to.. that's just what is called "Thank You for all your Free Support" :)
BITFINEX:ETHUSDShort
by EchoLAB
Bitcoin - Evil Twin Shark WeekBITFINEX:BTCUSD Weekly Analysis - 1 Hour Time frame Potential Bullish Shark Pattern 0.886 Potential Bullish Shark Pattern AC 1.13-1.618 XD 0.886 Expanded Flat Corrective Wave (ABC) Support and Resistance Levels Moving Averages Fibonnaci Retracement Levels Hope for the Best and prepare for the Worst This is an update from previous weekly chart analysis ~ The Money Journey Press the Likes and Follow button even if you don't want to.. that's just what is called "Thank You for all your Free Support" :)
BITFINEX:BTCUSDShort
by EchoLAB
Corrective wave in USDCAD In the histogram of the elliott oscillator a decrease in the volume of sellers is observed, it begins to show divergence what anticipates an increase in the price, the correction is about to be made, it is a correction where at least 38% is expected. The impulse wave speculates a behavior similar to wave 2 above. A take profit by 150 pips in a long, the price could reach 1.33282 once the trend changes, the change could happen around 1.31634, so we could set a buy limit order for that price
Long
by JavierAlanHernandez