LMC; Elliot wave 3 incomingLMC has completed an Elliott Wave,
It's priming up for wave 3, the long and strong one.
Eliotwave
Where Bitcoin Might be Heading next.-I feel it is necessary to state that i am still watching for that move to 5082 USD level and higher, but this chart shows you what could be brewing in the oven as well to help get prepared as "Time in the markets is way better than Timing the markets".
-I would expect this Eliot wave to complete so we could get to the full business of things. Now this is not a prediction of the top but merely a diagrammatic idea of what could happen.
-A consolidation might also dome in play if we see the 20 day and 50 day EMA flatten out at this point, before the markets finally decide if to complete or not.
P.S. This is a market where news amd sentiment plays a strong role and to ignore those is a plan to disaster. So i would advice to do your own research and understand the news and sentiment and see why i thing The hard fork coming up might cause the markets to hold up and trend higher.
BTCUSD to the moon!The market seems very bullish. Bitcoin Gold fork coming 25.10.2017 which would take over hashrate of ETH (especially when ETH switches to "Proof of Stake" one day). Idea of bitcoin gold seems interesting as this fork would get coin independent of ASIC hardware providers (China - Bitmain).
Bitcoin SegWit2x fork coming - seems we will get extra coins as both tokens would be present in stocks: BTC and B2X.
Additionally when going long with BTC on bitfinex before fork it seems you will get automagically B2X coins - this might produce large demand for longs.
Elliott wave from Cycle to intermediate on BLDP HelpHi chartists,
I drew a full Eliott wave on the long term chart on BLDP, the big Cycle waves can be seen here:
we are in Cycle wave III now.
of this Cycle wave III, here are the 5 Primary waves:
we are in the last Primary wave 5.
On the hourly chart of Primary wave 5, are the Intermediate waves be zoomed in here:
And here on the intermediate wave level i am stuck, it does not look as I counted wrong.
But have the strongest idea this will go higher.
Solutions:
1) wave 1,2 & 3 gets merged in to wave 1, wave 4 becomes wave 2, but then the problem is that wave 3 is to short.
Solution here would mean wave 3 is an extended wave with an other 5 waves within. as here drawn:
only the 3rd wave within is very long in time compare to the other waves.
2) wave 5 is here the extended wave, but again, wave 3 within is very long in time compare to the other waves.
What is your opinion? Any other wave count possible?
Is there a point that an extension is not possible any more due to the long time frame it continiues flat?
thanks
eurgbpdos posibles situaciones que rompa para abajo y genera un abc de continuación o que continué con la tendencia alcista, buscar una bandera y seguir con la tendencia.
NEO, End of first cycleShort term bearish, we are gonna end the a first minor cycle.
I think we still are in a bullish bigger cycle
LTC/EUR - M30 - Three drives pattern / RSI resistanceLTC/EUR actually in a range, and in a Three drives pattern at B phase, waiting for 3rd phase to go long, you may actually go short until the bounce.
Signals:
- Three drives pattern actually in B phase (short until the bounce at 3rd phase)
- Moving average 25 and Bollinger Bands 35 are coming closer, should watch
- Bearish range
- RSI under resistance
Have a good night everyone, trade safe !
The correction is still not over (version B)Alternative:
It's look like Bitcoin is correcting to the blue box. Price target is around 3770. It's also the 38,2% fibonacci retracement (1830-4979).
The correction is still not over (version A)Bitcoin is still correcting. The 4-hours graph is forming a descending triangle. A positive break-out will start a new uptrend.
Ltc Correction.Increasing selling pressure, Rsi indicating over bought and a completion of the Eliot waver formation shows indications of an eminent correction. Expect a Double top formation at B as the markets tend to retest the Resistance level before heading down to the 38.2 Fibonacci level for a possible continuation or down to the 68.0 Fibonacci for consolidation to next move .
Resistance setup-EURJPYPrice has stopped in a resistance level (129,00 aprox) showing a clear bearish setup. Price is showing a corrective structure(flag) wich has rejected 61,8% of fibonacci retracement. Also, price is below MA200. We must see a clear breakout of the corrective structure to think about a short trade.
EURNOK buy setupHi guys,
The pair EURNOK looks like a buy. The pair nicely landed on the resistance turned support structure, and there has been a nice bullish engulfing signal and a clear follow on to the upside after. It is clear that there is more upside to be seen, and I am expecting a move to at least the previous structure high, as outlined on the chart.
Best regards,
Tom_Killick
ETH/BTC Eliott Wave Contracting TriangleWe are currently in an EW Contracting Triangle. This formation can raise the course by the resistance at 0.842 at the end of the triangle. Whether the assumption is confirmed can be seen at the latest at E. Here would be a good once in a long position.
Pitchfork/Wave AnalysisPitchfork analysis shows ethereum is going upward in trends with impulse wave 3 starting
