Eliottwavetheory
Bitcoin Possbility of Pump up !
Hello, this is Goldencloud Cypto Kim Jude Here.
It is a bitcoin market that has reached the highest peak in history so far due to the most important moving.
It will continue to be paid in the future, and will continue to be paid in the future.
It responds moment by moment, with a loss of hand.
First of all, when looking at the daily chart, various analyzes and interpretations are possible, but if you look at the wave that has descended from 68k as a compound, it is currently in the Y wave, and there is no single wave in the Y wave.
I judged that a wave was coming out of a compound, and I tried counting accordingly. From the point of view of an Elliott wave, it shows an impulse wave when it goes up and an impulse wave when it goes down.
It was a moving that made me wonder if the driver was really making the Elpines suffer in that he made a very confusing moving.
As it is expected that there will be sufficient convergence and sideways movement until the FOMC meeting on March 17th, it is judged that about 25bp has already been reflected in the market, showing the last wave of the Y-Z wave,
Since there has not yet been any meaningful trading volume that exceeds or equals the trading volume that broke out on February 24, we decided that there is still room for a rebound, so we counted.
Broadly speaking, this wave may be the number of X-files or a rising wave,
so we plan to hold a position in the common long section and trade safely after a certain amount of profit in the minimum rebound section.
Looking at other scenario,
first. C pulse rising wave perspective after AB from the low point
Second, after the ABC rebound from the trough, the view of a crash with a downward impulse
Third, the perspective of an upward or downward trend after convergence
Since this is a section where various analyzes and interpretations are possible in the current position, I think that trading should be done with more flexible thinking than ever before.
Personally, I am looking forward to a rebound from the main point of view, and the long position I received at 34.4 is still being held.
Lastly, I want you to always trade with a good profit/loss ratio, send a cold wave rather than grab a blade, and make a stable trade in a place where you can definitely set the stop loss price.
Below is the proof of revenue from the wave below. Of course, only good things.. hahahahahaha
Short term Eliot counting Analysis
Hi all,
Please see my NQ100 counting,
I thought it came out the Impulsive wage from the bottom at 13,000point,
and then black monday gap could be ABC finished all, or Large A finished.
Anyway, It comes impulsive wage from the bottom it could be bounce back to the 14,400point
See how it works.
Regresioned EW BNC Index technical analysisNothing special here, just calculated regression (Not manually drawed one of red and green line)
+ some EW´s + MA´s application which seems to be strong to use from long term analysis and mid/long term smart spot trading with reduced risks and still big profits
www.tradingview.com
The best is in my opinion yet to come
ChaChain
-------------
Disclaimer:
I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
KEYWORDS
R:R, money management, risk, reward, technique, style, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis
GDX An Incomplete sequence Favors More DownsideThe Elliott wave view in GDX suggests that the main cycle from the August 20, 2020 peak is showing an incomplete sequence. Favoring more downside to happen based on sequence towards $24.80- $21.36 area lower before a turn back higher happens. While the short-term cycle suggests that the decline to $30.05 low ended wave 1 of (C) in 5 waves lower. Up from there, GDX did an expanded flat correction in wave 2 bounce.
While an initial 3 swing bounce ended wave ((a)) at a $31.59 high. Down from there, wave ((b)) also ended in 3 swings at $28.90 low. Then the bounce in ((c)) leg unfolded in 5 wave impulse sequence. In which, wave (i) ended at $30.16 high, wave (ii) ended at $29.95 low, wave (iii) ended at $31.54, wave (iv) ended at $31.19 low, and wave (v) ended at $31.77 high. Thus ended wave 2 as an expanded flat correction.
Below from there, GDX declined in 5 waves lower & ended small wave ((i)) of 3 at $30.15 low. And now doing a 3 swing bounce in wave ((ii)), which can see $31.29- $31.51 area before turning lower again. Near-term, as far as bounces fail below $31.77 high then ETF is expected to fail lower looking for more downside. Alternatively, if it breaks above $31.77 high then it can even see $33.01- $34.77 area higher before seeing sellers again.
HNT Helium Token... Bullish FractalsIf this macro fractal plays out the way it did last local top, then HNT is fit to explode.
It has already tested the lower bound of the long term channel and we are ready to start wave 5 if you are interested in Elliot Wave Theory.