EW
EOS - We Have Takeoff!The count on EOSUSD strongly suggests that we have bottomed and have just started a Wave 1 rise.
Since this is the beginning of the impulsive wave and there is no price history, it's still unclear how high it will rise in the immediate term but that should become clearer as the price action takes shape of a 5-waves up.
There is of course always the possibility that we are still in correction mode. Should the price move below $0.47, then we have still to complete the down-move, while a strong move above $0.85 will confirm that the bull run has started which is my primary expectation at the moment.
Stay tuned for updates!
DAX 1H chart - EW analysis - posibble short trade / ECB meetingAfter a breakout of the triangle we see an ABC correction, a possible retest of the breakout which should stop around 13.020
The BIG C wave might not be finished yet and price could fall until 12.8XX to finish the correction.
However over 13.070 we are back in the trend, old target around 13.500 (see older posts) are still on the table.
Extension Fib from 1º wave $MTL MTLBTCAnalisys based in Extension fib from suposed 1º wave on MTL BTC
Wave 5 incoming BTC target 6-7kLooking at it from EW perspective, wave 3 just terminated between 1.61 and 2.61, which is quite normal. The wave 4 dip didn't go far yet, which is also normal for a wave 4. Im also still looking for the divergence on the RSI, which has not happened yet. `if that happens it means we are most likely in wave 5.
i dont see huge gains left for this next wave. it's usually 1 or 1.6x wave 1, and i've layed out those targets on the chart.
BB
IOTA - Just one more leg down to goIn ElliottWave terms, IOTA has shown a clean impulsive 5 waves up from $0.14 to $1.10 this summer followed by a corrective 3-waves down move which is still in progress.
However, it does look like IOTUSD is nearing a bottom which should complete over the next few weeks. As with many cryptocurrencies, visualising the chart is best done in log scale and hence the fib levels themselves should be log-based. As such, I am looking for a bottom around the 0.618 retracement of $0.31 or the 0.764 retracement of $0.23.
While it could still technically retrace lower, a strong move below $0.23 would have me rethink the count though it's less likely to play out at the moment.
Once the correction is complete, the ensuing rise should take us to at least $5 and above in H1 2018.
EUR/USD Trading Plan, Pay Attention to Wave 123What I can see happen to the EUR/USD is or a pullback first.. Seems now most likely..
But when the high is broken alternatively it can also extend the wave 1 higher before pulling back.
Yes its a broad monthly overview of the Elliot Wave but an important one.
Support me with enough likes and shares for a free daily or intraday analysis of the EUR/USD.
Updated Ripple XRP Elliot Wave Count Buy 0,16 XRP/USDTThe 0,16 level still looks good as support for this projected Elliot Wave count to the upside.
But I think if this pattern fails, we can see a deeper retracement.
Overal I stay positive on the fundamental outlook that Ripple is shaping for the future of XRP.
DAX 4H chart - EW analysis - posibble end of the long trend Price might reverse in this area, waiting for SHORT confirmation
ETH / USD daily - EW analysis UPDATEWave 3 (3) could have an end in the 161% Fibonacci zone of wave 1(3) forming a small double top (W4(3)) then braking through into W5(3)
Were to now????Over the last few weeks of china banning icos and btc exchanges and good old jamie dimon shitting on btc the overall market sentiment has been bearish playing into elliot wave theory as we abc down on wave 4. AS of the 9/22 wave three has started in my opinion and we have rushed forward without much resistance. Being the 3rd wave it is met with lots of price action and volume which is great for us traders. However i believe wave three is about to end soon. According to Elliot wave guidelines Wave 3 = either 1.62 x length of Wave 1, 2.62 x length of Wave 1 or 4.25 x length of Wave 1. Given the circumstance i believe 1.62x of wave one is the most likely place to stop at 4862. Given this guideline we can then have a better idea of were wave 4 will head before we enter wave 5. If you are not in a trade yet i would highly recommend waiting for the beginning of wave 5 at around 4315 however this is a target with the most probability that is all. As traders we try and give ourselves a edge over everybody else so we can take money out of the markets and profit.
ETH / USD daily - EW analysisETH could be in a strong 3rd wave - potential target at 161% Fibonacci extension of 1st wave
