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Long-correction

GDDY retraceWe reached bottom of rising wedge formation. We should see dip, but might not be yet. I expect bounce from this level back up to top trend channel. Buy in levels updated to next fibonacci level down, $63. If this fails, we will look for amazing buy in opportunities at 61.8% - $55.00 ish. I expect current trend to resume, so price currently at $68 should be good buy in. Correction of bull market points to $63, or $55. As always, wait til trendlines are broken. Keep in mind, 2 patterns emerge, parallels and a rising wedge. Long term is a rising pennant (red), short term is a channel that is yet unbroken (blue), and still might remain in effect. This could continue for some time before a real profit taking takes place. IF current rising flag continues, expect bottom out to rise to $70, new fib lines will be drawn. Seems to be minor profit taking at the moment, but trend through industry looks the same, rising flag with bearish RSI. Correction expected. Long term, this stock is a good buy at current price. OR wait until next fib ratio is reached if there is a correction.
NYSE:GDDYLong
by Shwayze
2nd chance for those who may of missed the $gvt 'gold rush'lets take a look at historical corrections and part fractals. when gvt first came to light the sell off from wave one took a 94% correction before mooning to ath. in q1 2018 we saw the sell off from the major wave ath bring us down another 91% correction. if this isnt just a dead cat bounce (or news pump) and the start of a new run then maybe we can assume that gvt will correct 88% following suit of the other corrective percentages: 94% (-3) 91% (-3) 88%?? lets see, bringing it down 88% to around 0007 sats would bounce off a good support zone from the initial coin offering (ico) and would also create a deep number 2 wave as historically it does. last chance at these prices before we see some moon loving ath fun from the genesis vision token
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by cooper_5e
6
BTC 100K until March 2020In one of the first trade corrections in 2013 bitcoin fell by 75% and increased by 1700% after that. At this moment we are about 70% down - there is a chance that we will continue to fall but not much. The market needs to be refreshed, every drop in the market will always be rewarded with a strong rise. In my personal opinion we are currently at the bottom of the bottom. From here on we are expected to rise 1,700% by March 2020 at a value of $ 100,000 per 1 Bitcoin . 50K until March 2019
BITSTAMP:BTCUSDLong
by CryptoDevill
Sick of the correction? read this..Bitcoin completed a triangle correction - Had strong shakeout & panic today - Oversold conditions - Market cycle completed - Thin ichimoku cloud - Inverse H+S on crypto total mcap - Strong bullish trend in big picture Here's the thing with Crypto you have to think big picture & not get stuck in "FEAR" or "Over trading " focus on the biggest time frame first then check volume & check market cycle comparison & finally check the Elliott waves & use some Fibonacci to get targets . Things to avoid - Over trading (checking the charts to often instead of making your trading plan & sticking to it) - Over leveraging (using to much in any one trade) - Making choices based on "Fear" or "Excitement" - Not taking profits (this one is HUGE remember to scale your profits into tether when everything is overvalued & people are too excited) if you do these things & avoid the list above you can be a very profitable crypto trader . I have been charting bitcoin since 2015 here's some of my proudest predictions. will be posting plenty of updates along the way :) stay profitable out there!
BITFINEX:BTCUSDLong
by High_Altitude_Investing
115
GBPUSD setting up for buy?I see this pair to be creating the elliott wave structure upwards. It appears to be making the fourth wave, and I have drawn the fourth wave down to the lowest possible point it could correct to. If price action passes the fourth wave marker then this count is incorrect. I also noticed that the Fibonacci retracement marks the 61.8% very close to where I drew the end of the fourth wave. If price action respects this, then you could look for a very nice buy entry with great risk to reward. Stops could go just below the top of the first wave as if it goes any lower then the count is incorrect. Take profit targets could go just below the top of the third (for safety) around the positive 78.6% retracement area. Any thoughts or pointers are appreciated. Thanks.
by EamesAnalysis
14
AUDUSD corrective structure possible?Hello traders! AUDUSD at this moment is on the TOP of the daily channel! We are in a powerful UP trend now. In order to continue the UP move, we need to see a corrective structure first, and a slow pullback up to 38.20% fib. A trend reversal will be possible at this level only if we get a strong down impuls, based on the DXY strength. Don't jump into the first red candle, first wait for a corrective structure before entering short. Follow me for future updates. TRADE WITH NO EMOTIONS!
by IQ
BTCUSD, we buy with a downward correction.Based on volumetric analysis, now is an excellent time to buy BTCUSD from support or in the trend from correction. The goals of the bulls are resistance marking: 12513, 12728. Then the mirror level (pivot) is represented by the prices: 13141, 13260. In case if the price closes above 13260, the path to 14000 is open (in the long term). Volumetric analysis using the X-volume indicator, important levels thanks to the X-lines indicator.All these indicators you can find in my list of scripts and add them to your favorites.
BITFINEX:BTCUSDLong
by JinFlark
USD/CHF possible correction?From the chart we can notice that after the false breakdown of the downward trendline, there was a sharp fall. Helping us with RSI and CCI, can be seen from the first one that has come to an area from which the price often corrected, while on the second there is a clear divergence with a return above -100. We are also faced with a support area, highlighted by the green rectangle, from which the price often reversed the trend in the short. You can attempt a short-term long position with a likely return to the upper line of the channel. If you return, we will evaluate how the price will react to anticipate new developments. Pay maxium attention to the Non Farm Payrolls on Friday
Long
by gongambol
2