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Ellliot

Now bitcoin is in corrective movements.Now bitcoin is in corrective movements. According to Elliott, it is in the dominant zigzag pattern. Any growth in this pattern is an exit opportunity and somehow a rest for further decline. After completing 5 waves of wave C There are two predictable scenarios First, the continuation of the correction. In this case, this coin will grow during three main waves, and after that, it will fall sharply during 5 waves. The second scenario is the end of the correction after the completion of wave 3, and after that this coin can climb up to the level of $80,000 based on the Fibonacci target . BINANCE:BTCUSDT
by aligheysari73
THE BITCOIN WAVE NO ONE IS LOOKING AT PART 2On december the 7th, i made a post regarding the a BTC Wave that no one was looking at. We got a bounce exactly of the 1.618 trend-based extension. On that analysis, i had 4800 as a target, which i think we will see after we hit our buy zone at 3420-3320 USD. 3420-3320 is the completion of the B retracement down. 4800 will therefore be our C. What i expect after that is that we will see levels such at 2200-1800 USD, which is going to be our 5th wave down. Last post i down below.
BITMEX:BTCUSD.P
by LukeSkywalker
1
SPX Looking WeakSo upon looking at several factors I believe the price of stocks are fully priced atm, and that 2900 was the top for the SPX, I believe the bottom will be around 1580 or 1800 and will take about a year for us to reach the bottom, so by the year 2020 we will see bullish momentum again and that is when I will be looking to enter stocks again. Right now in my opinion the best asset to hold is bitcoin and gold, Reason for 2900 being the top, 1. End of 5 wave count based on elliot wave analysis 2. Stocks are overpriced based on Marketcap over GDP 3. Time analysis, we have been in a bull market for 10 years 4. Stocks look similar to the late 1930's
SP:SPXShort
by StevenRodas
General plan for Oil in 2017I think the most probable scenario for oil in the first half of 2017 is to complete wave C in some motive but choppy fashion. Ending diagonal is a perfect candidate for this move. As it totally reflects the fundamental idea of two battling forces. On one hand we have rhetorics and measures from OPEC plus seasonality in first half of the year pushing crude oil price higher. On the other hand - commercials, hedging their production at this price levels as in 2014 before the plunge. After all it seems that another wave down is inevitable. But I guess wave 5 will not take us far as a truncation often occurs following a particularly strong third wave. I will explain why I see wave C as an ending diagonal in the next post.
TVC:USOIL
by wayusa