another case for sub-10k bitcoini have tons of post now all trying to time the crash, some have been more accurate than others, but i want to keep reiterating that despite the sideways movement, we are still on the verge of wave 5 and to tread carefully when trading. nasdaq is in the same wedge currently, we are on the verge of the 2nd great depression.
Elliots
bitcoin to finish wave 4, then flash crash for wave 5it is possible to trade this wave 4 ascending channel by longing the bottom and shorting the top, but once we near the end of wave 4 know that a flash crash will be immenent and you should either be shorting or holding stablecoins. watch for false breakouts. there was a false breakout in the ascending channel the price is currrently moving in. a real breakout solidifies the end of the long term downtrend and completely invalidates, but i find it unlikely.
NVIDIA WAVE AND PATTERN ANALYSIS The correctional structure, especially the three waves, whether in descending or ascending and pulse correction, indicates the formation of a diametric pattern. For the formation of wave b, which is another sign of diametric wave formation in wave a and g, in 1999 and 2019, respectively, we see diametric waves in their microwaves.
In the case of the formation of this structure, we will see a deep decline in many companies listed on the US stock exchange, which will last for several years and we are at the beginning of a possible major recession.
This post is just a personal idea and analysis should not be the criterion for buying or selling
UPDATE!! USDSEK the last leg 🦐USDSEK creates the last impulse wave according to FLAT correction (Elliot's wave).
You can see the old call on the chart! Don't miss our signals!
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
BTCUSDT is inside a huge triangle 🦐BTCUSDT is inside a huge triangle, the price is creating a ABCDE pattern. As we know, triangle pattern is continuation pattern so, if the price will break the 'd' point we will wait the confirmation and set an order according to Plancton's strategy.
In Crypto we Trust
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
BCHBTC ABC correction 🦐BCHBTC creates ABC correction, and we are waiting for fifth legs in order to complete ABC (Elliot's Wave)
When the price will break the support and flip it in resistance, We can set a short order according to Plancton's Strategy
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
ETHBTC ABC Correction 🦐ETHBTC is inside ABC Correction , the market lost momentum and failed to create a new higher high.
The price retests the neckline and could start to create FLAT Correction (Elliot's wave)
According to Plancton's strategy, we can set a nice short
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
USDSEK the fifth wave inside a Flat CorrectionUSDSEK creates the fifth wave inside a Flat Correction (Elliot's wave)
It's a second signal about this pair, you can increase your short position or open a new one, According with plancton's strategy.
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Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.
Ripple (XRP) - Potential Breakout!We have a potential breakout! This is long awaited.
I believe this may be the first impulse wave as it retraced perfectly back to the 61.8% fib level.
I have constructed the worst-case Elliots impulse wave for the best scenario.
Let's see what happens... will it breakout?
- SXTRADING
XVG +250% profits opportunityVerge is one of the controversial crypto assets specially in the beginning of the year it accounted for a very huge amount of news coverage related to MCafee suggestions about this coin. If some of you didn't look at our Medium post earlier this year, this coin is one of the biggest game changers that existed in the whole crypto world. If one buys xvg coins on Jan 2017 with only 1 USD and wanted to sell it on the beginning of 2018 he would have profited 1.5 million times on his investment and that 1 USD will be 15000 USD. That game changing change obivously made some people even millionaires. Anyways starting from Mid April this coin was in a very highly downward slope movement. It seems this correctional downtrend is almost done and an uptrend is beginning to start in the following days. RSI is fairly around 45 and 21 DMA is above the price.
If it can show some engulfing chart behaviours and volume got some increament the verge is going up once again. Besides the Technical Analysis study results there is also a rumor that Huobi trading platform is listing XVG on its platform which most probably brings a big bounce in the short run.
Accumulation Zone : 291 - 320 sats
Targets :
Short Term :
T1 : 336 sats
T2 : 353 sats
T3 : 374 sats
T4 : 436 sats
Mid / Long Term :
T5 : 545 sats
T6 : 715 sats
T7 : 853 sats
T8 : 990 sats
T9 : 1186 sats
StopLoss : 260 sats
Good Luck.
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