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Elliottwaveretracement

BITCOIN #BTCUSD Two possible scenarios!We are going to wait a few days in this triangle and we will go either way, i personally think that btc 1.33% will go to set new highs. The volume is getting smaller among the sails, that indicates a possible volatility as BTC has shown us, in turn shortening the space of our ascending triangle, meanwhile you can trade a bit inside the triangle but be careful. Important levels: - for further increases - the level of $ 17000 and until psychological barrier - for continuing correction - the level of $ 16,750 and later $ 14,700 - for the continuation of declines - the level of $ 14,500 and later $ 12,700 and $ 12000 unil 9000$
BITSTAMP:BTCUSD
by ivan-btc
1
XLM/BTC Elliot Waves Fib Retrace/Ext- Wave 1 & 2 + 5 Sub Waves I've been following XLM for about 12 days now and I am also learning about Elliot Waves and Fib. This is my first attempt at Charting. I think I'm doing it right but could be all hosed up and if so... I'd like to know where and why. 1. Wave 1 completed a couple days ago and Wave 2's downward trend has been developing since. I've used the Fib retracement and it looks to have bounced up between the .5 and the .618. That Fib is located on the far LEFT of the chart but the Yellow (2) and the Arrow are towards the right of the chart. 2. I expect Wave 3 (yellow line) to be LONGER than Wave 1, although it is currently drawn as a 1:1 Measured Move. 3. The 5 Blue Sub Waves inside the main Yellow Wave 1 were tricky for me but I believe they are correct. Blue Sub Wave 2 Retracement was SMALL as stated in the Thought Bubble. The Fib Retracement for Blue Sub Wave 2 is set off to the Lower Middle/Right of the Chart. You can see the bounce at the .236 level. Since this was a small retrace I would expect Blue Sub Wave 3's retrace to be much larger. 4. The Green Box/ Rebuy Zone was set between the Fib Retracements of .50 and .618 --- I actually layered a couple of buys there and it did hit and fill overnight while I slept. There is a very long red wick dipping down though it might be hard to see on this chart. The corresponding Fib Retracement is placed way over to the far right but there is a stretched out Thought Bubble that shows where it goes:) 5. The last thing I placed was the Fib Line Extention... trying to figure out where the TOP of Main (Yellow) Wave 3 will go. My 1st click was at the horizontal axis of Yellow 1 and Sub Blue 1. Second click at the top of Main (Yellow) 1 and Sub Blue 5. And, the third and final click was at the bottom of Main Yellow 2. This gave me the Measured Move 1:1 at 0.00008530 as you will see at the top of the chart. I drew a "sell box" where I will eventually/likely layer my sells and take profits. I'll be especially stoked if this plays out as planned though I am quite okay with things going sideways as long as I can learn what I've drawn wrong or what derailed my plans to accumulate more magic internet money. Okay... there it is... my first attempt at Charting and my first posting of a chart. I'm all ears... whatcha' think?
Long
by ABear
15
HShareCoin #HSRBTC - another dump in view?TECHNICAL ANALYSIS: The price of the cryptocurrency HSare Coin quoted to Bitcoin HSRBTC remains on a downward trend, despite an extensive downward adjustment of the Double Triple WXY type correction. It is possible that the market will perform another downward wave, thanks to which the WXY structure will transform into WXYXZ, making all the movement even more complex and stretched over time. Such a scenario would correspond to the next cycle in the PUMP-DUMP scheme, as the price is currently in the DUMP cycle. This is confirmed by the lower lows on the daily time frame chart. In order for growth to take place, the market would have to first of all reach 0.0030 (first pink zone) and move upwards to 0.0050 (second pink zone). Without such developments, it is difficult to talk about downtrend reversal. TREND AND IMPORTANT LEVELS: The main trend: DOWN Indirect trend: DOWN Daily trend: DOWN (price at a key level) Key Levels: for further increases - level 0.0030 and later 0.0035 for the continuation of drop - the level of 0.000740 and later 0.000135 PS: Please add me to the watched ones! PPS: The next analysis of the next cryptocurrency will be published if this post will receive min. 50 likes. :)
HShort
by sebastian.seliga.7
4
Cardano - #ADA - hit another target level!Just as anticipated, the price of Cardano ADABTC has hit the 261% Fibo extension at the level of 0.00009234. This level might be the top for the wave (3) and if this level is the top for this wave, then the corrective cycle in wave (4) should retrace min. 38%, so the next target would be at the level of 0.00006641. Please notice the wave labeled as (3) might keep going up to the next target projection without any significant corrective cycle, but for now, the move up looks extended and need some pause
Long
by sebastian.seliga.7
43
Cardano - ADA - at important level!ELLIOTT WAVE PRINCIPLE TECHNICAL ANALYSIS: The price of Cardano cryptocurrency quoted for Bitcoinia ADABTC was at an important target level, which is at 161% Fibo at 0.000066. This is the typical range of the third internal wave, so the fourth wave is now expected to be adjusted to local support at 0.000059. Nevertheless, the third wave can be further extended to 0.000076 before the fourth wave will start. There is still one more wave to the upside left anyway, wave five, with a target at 0.000092 minimum. If support is broken at 0.000059, the next support is at 0.000045. TREND AND IMPORTANT LEVELS: Main trend: UP Intermediate trend: UP Daily trend: UP (price at a key level) Key levels: - for further increases - 0.000066 and later 0.000076 - for continuation of correction - level 0.000066 and later 0.000059 - for the continuation of decreases - the level 0.000045 PS: Be sure to follow me! PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 50 likes. :)
Long
by sebastian.seliga.7
37
Verge XVG - ready to rally?FUNDAMENTAL BRIEF: "Verge is a decentralized currency designed for those users who value privacy. It improves the original Bitcoin blockchain using many anonymous-centric networks such as Tor and i2p. Utilizing the multi-argorite extraction, it improves security and ensures a fair distribution of coins for miners. "- this brief description can be found on the official website of the Verge project vergecurrency.com. Verge networks allow almost instantaneous transactions that are virtually undetectable. The Tor network uses many global servers. Each transaction is directed by a large number of such servers, and when the last server completes its operation, each server deletes the information from the previous one. Thanks to this, after the transaction is completed, it is not possible to trace the sender's I.P. address, so its data can not be known. The Tor network guarantees much faster sending and receiving of funds without the slow confirmation of the Bitcoin network. The developer is under the pseudonym DogeDarkDev behind the Verge project. Coin was put into circulation on 25/10/2014, but until January 2017 it was basically not developed. Only the change in the composition of the developers resulted in the development of the entire project. Their goals and those to be achieved (Road Map - schedule) are presented on the official Verge website. I believe that the project has considerable potential due to the high level of anonymity it provides and the speed of transaction execution. Nevertheless, this coin can was supplied heavily on the market, and currently it amount to about 13.4 billion, and its maximum amount can reach up to 16,555 billion units. And as you know, usually the more something is on the market, the smaller the unit price. TECHNICAL ANALYSIS: The price of Verge XVGBTC cryptocurrency quoted to Bitcoin ended impulsive increases and set the peak at 0.00001977. Since then, the price is in the correction cycle marked on the chart as wave 2. There is a high probability that the inheritance cycle ended at 0.00000765 and now the demand is trying to take control of the market. To achieve this, the level 0.00001371 must be impulsively stamped, and then the price must go towards 0.00001604. In addition, it would be best if the internal trend line (blue) were able to maintain the pressure of supply. At a smaller time interval it is expected to break the top of the triangle (marked on the graph). Main trend: UP Intermediate trend: UP Daily trend: UP / NEUTRAL (continuation of the correction) Key levels: - for further increases - level 0.00001514 and later 0.00001614 - for continuing correction - level 0.00001228 and later 0.00001371 - for the continuation of decreases - the level is 0.0000090 PS: Be sure to FOLLOW ME on TradingView and other social media! PPS: The next analysis of the next cryptocurrency will be published, if this post receives a min. 100 likes. :)
Long
by sebastian.seliga.7
24
BTCUSD - Elliott Correction to the MeanI know everyone's on the "BTC Moon Lambo" hype train right now, but reality shows a regression in Elliott Wave fashion. Peaking out in a $16K hockey stick today, and I've seen people draw comparison to Amazon, Netflix -0.10% , Apple 0.28% , and whatever other stocks fit their mold, but the harsh reality is that Bitcoin 13.55% is MySpace, maybe even Friendster. They've kicked in the door in and sprinted into the room - but, first man in the room gets shot. Long term, this isn't going to last. RSI is maxed out. Squeeze is peaked. Everything is primed for a rough crash. BTC 13.55% to drop down to the $11K range due to initial panic, a Bull Trap at $14K leads to a pull down to the long term support line at $10K.
BITSTAMP:BTCUSDShort
by epaka
12
81 satoshi mark upcoming for XVGBTC pairmy analysis of XVG and where i believe it will be heading towards over the next 3-4 days. Based on previous retracements, elliot wave theory projections and the wave count we should be seeing 81 satoshi's by 1st of December . Expecting to see this "bottom out" or complete its ABC correction (@15min interval) around the 66-68 satoshi range. So at 67 satoshi we can expect an impulse UP to the ~ 71 satoshi level before it finally completes the ABC correction to a mark ~65 satoshi. Once it reaches this final destination of ~65 satoshi's, and thus completing the correction (after recent impulse up to 73 satoshi) we can expect the next wave to reach as high as 81 satoshi's. Feedback and comments are appreciated - if im wrong, please point it out so I can learn from your input. Very bullish on XVG for LONG term hold, with a new cycle in the marketplace over the next 6-8 months.
Long
by astoinis