Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Chart is on the weekly. For this chart, I am trying to accurate predict the timeframe. It is very hard for people to call tops and bottoms. I have a bit more success than others, and no I do not care for bragging rights. I do not post these charts to say, I...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. RR: 19.7 Possible upside: 1200% Possible downside: 61% Timeframe is on the weekly. Elliot wave cannot predict time so do not try to use the timeline shown here for your trades. What Elliot wave can do is help predict tops and bottoms (no one can predict these 2...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. We're currently sitting on the big green support line, if we lose this we have another support around $3(unlikely) We have already dropped by 88% Going down to the bottom green line would be about a 94% drop from ATH $6 to $3 is 50% drop. We have a small...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. The chart is on the weekly timeframe. From the data that I see on here, I think the bottom is in. We will be ranging between the two green lines as I believe that is the accumulation zone. If we break below the bottom green line, I will find a new chart. As you...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. The bottom for this coin is in. Wave (2) was around $8. We bottomed out here around $13. Well technically we can still go down to $9 and that would be the bottom, but that is cutting it real close. Going near there or if we go lower, this chart is invalid and the...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. The bottom looks like it's in. I can still see another leg down tho (C) wave shows another leg down to 0.05 area. This scenario is not likely to come, but never say never. How I would trade this: Buying now and adding on the way down if it goes. We call this...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Wave 1 took us about 5,640 days to get nasdaq to go from 200 - 4500 Wave 3 sub wave (4) it took us about 637 days to go from 6600 to 16500. We just printed more than 5,640 days worth of hard work in less than 2 years into this market. This thing is going to...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. RR: 21 Possible upside: 1490% Possible downside: 70% The three green thick lines are the accumulation zone. A break above the blue resistance will confirm bullish uptrend.
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. On this chart I want you to look at a few things. From the ATH we've dropped about 73% so far A lot of the coins I've charted for you has gone to the 82% or more area. On the fib retracement, if you look at the white lines, below the 0.236 fib level where the...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Weird looking chart. I don't normally chart BTC pairs so not sure how this one will turn out. Charting against USD is a lot easier, against btc its unpredictable. It's highly unlikely that any coin will outperform btc.
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. 89% drop already from ATH 97% drop is still possible (extra 8%) This 8% from ATH is consider an 80% drop from current price. RR: 11 Possible upside: 930% Possible downside: 83% This is the highest possible downside from all the other charts I see. I would stay...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. With the recent events on cryptocurrency; I think we will start seeing less coins getting pumped and more of the solid coins getting attention. By solid, I mean coins that actually has a project and some kind of revenue coming in. Currently a lot of coins are back...