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Impulsewave

ETH/EUR - H1 - Technical / Wave analysisWe have a hourly Elliott impulse wave pattern which is going to his last phase, and the chart landing on a big support, however, RSI resistance is broken, i'm still waiting to see if the chart gonna dig the support, or not. -- Signals: - RSI support broken - Elliott impulse wave in last phase - Chart landing on big support -- Have a nice day, trade safe ! The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.
by Javatar
OMNI seems to be at the end of the downtrend?OMNI coin seems to be at the end of it's downtrend and is now looking to break structure for an upward move. This cryptocurrency is now at the bottom of the structure and I believe it is now on it's way to break from structure in an upward move. Once breakout of structure occurs, it will be a confirmation of the uptrend. TDI shows the bands in an upward direction and RSI has just come out of the oversold position, where previously had formed a sharkfin and we should now see the result of that. The Mustard EMA has just crossed the Ketchup EMA and once breakout of structure occurs, both Mustard and Ketchup EMAs should cross the Blueberry EMA which will confirm the upward move, then looking to cross the Mayo and Water EMAs as well to double confirm the long-term upward trend. In my opinion, once price action breaks the structure, we should see a long-term uptrend to complete the structure. To confirm the upmove, Mustard and Ketchup EMAs must cross the Blueberry EMA as well. This is best viewed on the DAILY chart in order to reduce the amount of 'noise' that is present on the lower time frame charts. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
OLong
by UnknownUnicorn661419
JNJ On the road to disaster due to $417 Million Lawsuit Loss?Fundamentals: It seems Johnson & Johnson are on the road to disaster following a $417 Million Dollar verdict in baby powder case. This is just the start of JNJs troubles as there are an incredible 4,800 Pending claims in the US Courts alone, over JNJs talc products. The announcement from the article explains "LOS ANGELES—A jury on Monday awarded a woman with ovarian cancer $417 million in a case against Johnson & Johnson, the latest hit to the pharmaceutical company in widespread litigation over the alleged harms of its baby powder." - Sara Randazzo of the Wall Street Journal Technicals: After careful analysis, it seems that a WXY consolidation wave on the Intermediate period, has just completed and we may possibly see the start of an Impulse wave Down on the Intermediate time period, IF a breakout of structure occurs. Support and Resistance shows the possible formations during the downtrend. Mustard and Ketchup EMAs have continued with the Uptrend since 2015 however due to the Fundamental issues facing JNJ, we can now expect a crossing of the Mustard, Ketchup EMAs with the Water EMA to confirm the downtrend move SHORT. Although TDI shows continued upwards band movement, RSI line shows close to overbought position above 60.0000. In my opinion, I shall wait for more market data to occur, especially at market open to see if it will open with a GAP. If a GAP is present on Open today, that could be a precursor to future market sentiment as JNJ still has a whopping 4,800 pending claims to deal with and if the payouts are going to be in the vicinity of $400 Million, using this current case as a precendent, multiplied by 4,800 (in the USA alone - Not mentioning cases in other countries to be filed), I don't like the look of JNJs chances of surviving in the future. JNJ has enjoyed solid growth since the early 1990s, however putting customer's health at risk together with incompetent practices, usually equals a disaster which could be irrepairable. If price action breaks structure on the BLUE trendline (marked on my chart), I will start SHORTING this stock with large volume. If price action breaches the RED trendline, another large volume will be shorted for maximum profit. Informational Reference: Wall Street Journal Article Here: www.wsj.com ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
NYSE:JNJShort
by UnknownUnicorn661419
Litecoin on Wave 3 Impulse - Bearish trend?It seems Litecoin is on a bearish Impulse 3 wave and will continue to the low Peak before a pullback. This Impulse move seems to be on the Minor period time frame and isn't performing as previously expected. TDI continues to show bearish movement as the RSI approaches the lower outer band in preparation for a Sharkfin out of the water. The blueberry EMA has been breached by the price action and has already been crossed with the Ketchup EMA. Once the Water EMA crosses the Blueberry, we should see some signs of a retracement, then an additional move down for a wave 5 before a breakout of structure from the bearish channel, which would conclude the bearish trend. I will wait until price action reaches the support peak area before performing another analysis in order to understand the next move. Fundamental announcements will also provide more insight to future price action. I'm still holding this coin, even though the drop is significant, it isn't enough to warrant an exit from my long-term hold/position. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
Short
by UnknownUnicorn661419
Ascending Triangle Confirmed, Tough Times Ahead for IHG ?As per my previous CORRECT analysis back in April 26th (), the move upwards up to the upper trendline has been confirmed as well as the move downwards. This move downwards was quite a violent bearish move and strongly suggests that an Impulse move downwards has now started, for a long-term SHORT. TDI confirms the strong Bearish move downwards and we should now see some consolidation, before another move downards. If the Water EMA crosses the Blueberry EMA, it will be a good signal to SHORT this stock for a second trade. The first trade was at the top of the structure. An elliott wave count, taken from Wave Y, would suggest the next count is an Impulse wave 1. At this point in time, holding IHG stock would not be a good idea, as on the Daily time period the last move on the wave Y was on an Ascending Triangle, thus on the Intermediate Period, the next move is an Impulse wave 1. If this proves correct, within 2 years this stock will be worth less than $20 ~ $10, therefore Closing your position would be recommended, in my opinion. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
NYSE:IHGShort
by UnknownUnicorn661419
1
FBR Kicking Ass -Currently towards end of Bullish Wave 3 ImpulseIt is quite evident that FASTBRICK ROBOTICS LTD (ASX:FBR) has broken out of a Wedge and is continuing on a BULLISH trend, not only due to technicals, but also due to the recent announcement of an agreement with CATERPILLAR (NYSE:CAT), to Provide services to Caterpillar's construction customers. The global addressable market is now estimated to be $100 ~ $200 Billion. Just after pinning the Mayo (200 EMA), price action seems to be towards the final stages of a Wave 3 Impulse where we will see a small pullback, possibly down to the Support (which was completely obliterated), for continuation upwards to a Wave 5 Impulse. I do not expect the ABC correction waves to drop below wave 4 and in my opinion, the next Impulse wave it seems should have the same agression as the Bullish trend continues as more financial information comes in and more projects are acquired. All EMAs are flaring outwards whilst TDI shows definite Sharkfin with Blood in the water, however the outer bands have widened considerably, thus suggesting pending upwards movement. I have purchased this stock back here: Where I first identified this stock as being a very high probability Buy/LONG trade to hold long-term. There will be an entry opportunity at the bottom of wave 4, and I'll update this chart when structure is broken ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
ASX:FBRLong
by UnknownUnicorn661419
The Bitcoin Rally LONG Continues #2In my opinion, Bitcoin seems to be completing a Wave 4 Triangle formation and will soon breakout of structure to start wave 5 LONG. It seems Wave 3 has already been completed and provided another base Resistance level. Wave 5 target range would be largely due to the impending Aug1 SegWit, as information was provided on my previous analysis here: which it explains the impending August 1st SegWit upgrade and the market entering panic stage (wrongfully because of too many amateur traders), which most likely will result in a deep ABC or possibly a very lengthy double combo WXY Wave combination, until the market settles and things return back to normal. In my analysis, I have added 2 paths which I believe are highly probable to take place, one primary and one secondary. TDI suggests the RSI is not yet quite reached the overbought position, therefore, we can expect an additional upward move, which in my opinion confirms again the possible wave count. I have already entered 3 times since price action had reached the Gartley entry point on the 16th of this month and I shall be holding on to BTC long-term, as I believe once the upgrades have been completed and the panic by the amateur traders has subsided, BTC is surely set to reach above $4,000, possibly more in the next few months. It is also possible to trade the breakout of structure from the triangle formation, however, TP must be at the next Resistance level SL (Stop Loss) must go to BE (Break Even). ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSDLong
by UnknownUnicorn661419
Ethereum Progressing through FLAG pattern with Bullish Impulse?Continuing on from my initial analysis here: It seems that we have almost confirmed the head-and-shoulders pattern and it is possible we are in view of the start of an Elliot wave 1, 2 and now going onto Wave 3, on the 4 Hour and Daily charts. TDI shows bands are widening with the close still mid way between middle of band and upper band, thus suggesting possible future upward trend, after a sharkfin and blood in the water, for the previous Wave 1 Impulse. Price action has not hit the Blueberry EMA but has penetrated the Water EMA and all 3x EMAs seem to be flaring which suggests additional future upwards movement. In my opinion, this wave count, Flag pattern formation, head-and-shoulders pattern are all progressing towards an EXTENDED WAVE 3 Impulse for continued bullish price action. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
BITFINEX:ETHUSDLong
by UnknownUnicorn661419
The Bitcoin Rally LONG Continues !After my previous analysis here: Where the Harmonic Bullish Gartley was confirmed as well as a Head-And-Shoulders Pattern noticed (Thanks VitalyKaminsky) and a breakout of the structure/channel upwards in a bullish trend. An Elliott Wave count seems to be in progress, where a Wave 1, 2 and 3 have just been completed (Caution - Possible extension on Wave 3 - Patience), and it seems Wave 4 is now progressing. Once wave 4 has completed, we should see another Impulse move pushing price upwards to around the $3000 ~ $3100 area, according to my calculations, using Fibonacci extension. Once this price has reached, I shall make another analysis, where I believe the ABC Corrective waves may possibly last for a considerable time, thus pushing the market sideways, until the Segwit2x, UASF and the Possible Fork issues are resolved/completed and all testing has confirmed there are no issues. Here is what the Segwit2x, UASF and Possible Fork issues mean: 99bitcoins.com And an additional follow up here: 99bitcoins.com In my opinion, now is a reasonable time to buy Bitcoin whilst you can still get in (although you are a little late), if you haven't already, especially once price action hits wave 4. I do not see any reason for concern to panic sell the coin, as once the Segwit2x, UASF and the Possible Fork issues are resolved or during the ABC corrective waves, which thereafter, we should see a huge increase in price, well above the $3000 USD mark and it wouldn't surprise me if price action surpasses the $4000 mark or greater, after the 1st~6th August time frame. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
BITSTAMP:BTCUSDLong
by UnknownUnicorn661419
2
SiaCoin On the move UP, Breakout of structure confirmedAs per my previous analysis here: Breakout of structure has occurred and it seems that we may be at the start of an Elliott Wave 3 in progress. Price action has not been able to breach the lower major support area and is now bullish in trend. It also seems that a borderline FLAG pattern 'may' be forming, which may also confirm the possibility of an elliott wave 3 impulse count. TDI shows mid-band price action, from a previous sharkfin with blood in the water that may suggest a possible move downward to test the lower support region again, however due to the fact that the slant of the TDI bands is in an upward direction, this possibility is low probability in my opinion. I shall continue to hold my previous position on the breakout as I believe this coin has huge potential in the crypto market and once 1st August time period has passed, we should see a much clearer view of the market and possible opportunities to purchase more Siacoin. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
Long
by UnknownUnicorn661419
1
Possible Wave 3 on breakout of wave 2 structure?The Hydroponics Company FPO, which manufactures Medicinal Cannabis, seems to be ready to breakout of a wave 2 structure, where TDI shows the middle of the range band has just been passed, which most likely indicates additional moves downwards before a breakout of structure to begin a wave 3 impulse on the 4Hourly and Daily charts. Not enough price action exists for proper EMA analysis, however, I have chosen to use Support and Resistance to predict possible future movements and trend direction. The information that I have shows a wedge has been formed and a breakout occurred during the end of June where currently (in July) a wave 1 has possibly been completed as well as wave 2 correction. It is in my opinion, based on technical analysis as well as fundamentals (which include Medicinal Cannabis licences being granted this month), that this stock would be good to LONG and hold either long term or exit on the top of Wave 5 structure. ---------------------------------------------------------------------------------------------------------------------------------------------------------- DISCLAIMER: This chart is for sharing and educational purposes only and is not intended to be a signal service or similar. This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out. .....::::: If you like this chart, please click on the THUMBS UP ! :::::..... ----------------------------------------------------------------------------------------------------------------------------------------------------------
TLong
by UnknownUnicorn661419