Bullish count for BTCUSD 4h chart.Timings right to go longBullish Elliott wave count for BTCUSD (Coinbase)
It's time for Bitcoin to show strength if price has bottomed.
Price movement shows right now a wave 4 back to lesser degree wave 4 in .... wave 3 in a typical Ness Elliott described trend channel.
Invalidation point for this count is on chart.
I'm long with a stop 1 cent under invalidation point.
Happy Trading!
Wallstscalpercom
Bullish Elliott wave count for BTCUSDBullish Elliott wave count for BTCUSD (Coinbase)
It's time for Bitcoin to show strength if price has bottomed.
Price movement shows right now a wave 4 of higher degree retracing back to lesser degree wave 4 (in .... wave 3)
in a typical Ness Elliott described trend channel.
Invalidation point for this count is on chart.
I'm long with a stop 1 cent under invalidation point.
Happy Trading!
Possible three drive to a bottom in Litecoin in spe3 drive to a bottom
I see signs of a possible bottom coming in alt coins en block.
Litecoin could make a very powerful8 sign of a bottom by making this 3 drive to a bottom over the next couple of days.
I see the possibility highly likely. I over the next couple of days I will elaborate on this in comments underneath.
First of all we see Litecoin finding support by making a possible triple bottom in the mid 60 area over the last month.
My sentiment is neutral to bullish for the next week. Then we will see the last drop in price to finish the pattern and then It's time to consider going long... big time.
That will be in the Litecoin itself and by trading leveraged contracts over BitMEX.
Time will tell.... as always....
Happy trading!
A possible 5 dollar trade in APC - with break of necklineIHS is setting up
This chart is made for the FREE BLOG at our website.
APC is setting up an IHS -though not symmetrical. A timeline for possible breakout has been drawn in to show where a symmetrical breakout could be expected.
It's not to say by this chart if we will see a deeper pullback as it happened on the left shoulder. Indicator not showing divergens so no clear indication of direction.
As always...only becoming a valid pattern with a decisive break of neckline.
Resistance right now at neckline.
Target: 67.60ish
Oil sector
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A 4 dollar trade in $DK with break of necklinePossible IHS
This chart is made for the FREE BLOG at our website.
DK is in an almost symmetrical IHS pattern.
As always...only becoming a valid pattern with a decisive break of neckline.
Resistance right now at Gann angle and showing negative divergens.Have to take both out.
Target: 29.50ish
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$AAL A possible 6 dollar tradeBullish wedge, IHS
If traded the right way. This setup lines up a possible 6 dollar trade.
$AAL is coming out of a classical bullish falling wedge by breaking falling trendline - after making a bear flag.
Price is now being stopped at dashed trendline setting up a neckline for a possible IHS.
If neckline breaks...
Target will be at the upper trendline....on the 4h chart.
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Suntrust in Classic wedge. Potential Bullish Cypher setting up Wedging & Bullish Cypher
This chart is posted at our free blog.
Made a Classic TA falling wedge and setting up for a 2 ½ dollar bullish move.
PRZ is in
T1: 59ish
T2: 60ish
We are long already.
Stop Loss...That's where our website comes into play.
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It's $TRUE - Potential Bearish ButterflyPotential Bearish Butterfly
This chart is posted on our free blog.
Have to clear the 15 dollar handle.
PRZ at approx 15.60
Can be played long with caution on the way up and traded short at PRZ
We only set a T1 at where it's traded now for this trade but will most probably make an ABC correction back at where it's traded now. We choose only to trade it up and first leg down. Then er exit the trade and on to many of the other possible trades.
Our specialty is trading the futures live giving signals to help you in your trading!
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