$XLMUSD Updated waves.Here are some updated waves for XLMUSD. We could bounce here after the ABC correction .
Cryoto
$BTC Everything is fine, stop trying to draw a H&S on everythingIts a bullflag, stop drawing H&S, and Elliot waves that are poorly done...
Everyone saying "I'm ready to buy the next dip down"... no you weren't the sentiment on Wednesday ranged from scared shitless to super scared shitless, we all saw what was being said on here and around the internet/twitter.
Might be time for a good solid look in the mirror for most traders in this market.
So for actual analysis.
It took a bounce back into the channel after the crash, should continue in the channel if no more FUD.
Confirm the channel with a support retest. Should bullflag for a while before the next large move.
Good entries to be had if your looking as well.
Happy Trading. Not financial advice and DYOR. And Stop spreading FUD when there isn't much to be had.
SNRGBTC Downtrend BrokeCan't set accurate targets because manipulation seems clear in history, but large upside on this one.
Broke out of accumulation in December and has been up trending.
Buy small bag, set and forget.
Bitcoin ReversalBounced from Fib support/falling wedge bottom, MACD/RSI turning UP, looking for confirmation outside the wedge. A 4h candle closing above wedge would suffice.
POWR BTC - POWER show to continue? POWER recently showed a massive bull run on back of some solid product news and feature aspects.
Technically, not enough data to present a conclusive trade, however, on hourly chart we can see 50% Fib being a support along with a possible double bottom, both can push the price upward towards new high.
Can be bought at current levels with target at 0.000118 and 0.000154, SL just below 50% fib level (0.000088)
Happy trading!
BTC and USD. Similar reversal pattern. Short.As you can see on the graph, I am looking for a reversal in BTC after a new high. This type of reversal pattern works very well on big timeframes, especially when it has a divergence forming on MACD indicator. Based on the pattern, our target should be at least 5000, followed by a correction and then 4500/4000.
