Hi every one, In the last past days markets had very complecated situation without any breathing rest time and I know there is a lot of people lost money or at least were panic. But the bad news for them is there will be another drop again. As I illustrate in this particular market, price goes down at least to 30 USD or maybe a little more. And then market have to...
Like I analysed earlist this morning about BINANCE:BTCUSDT and BINANCE:NEOUSDT , there is some downtrend for BINANCE:ETHUSDT . So again for this market also we could see a huge 5 waves downtrend. So that's right. The 5th leg of this downtrend impulsive wave is not finished and the little pullback that happend 2 days befor, was just a 4th wave of the last 5th...
If we believe to the power of elliot waves as the best price analysing in all the financial markets, there will be the final bearish movement. So after a while the price was in the range of 4th corrective wave and then there was a huge downtrend, but there is something goes wrong if we think the bigest correction movement that started from 66000 USD is already...
As first sequence is finished, I think very well there is a second sequence and this time the price goes up at least 16 %. It will the last sequence that could be more up but this 16% for the intraday traders is safe enough. I published a lot of ideas about BINANCE:NEOUSDT . So if you want to know how I predict the price, Please check my profile and my ideas for...
As I talked many times about the eventual bullish but also corrective movement in the latest updates, I think very well there was the first wave of this big impulsive and so for going further, I predict also a little bearish movement in the few comming hours. So we need to be aware of any signs. So if we are looking for any profitable movement, this little bearish...
In this concentrated market, it seems the price in BINANCE:XRPUSDT will goes up but then drops soon in the few next hours. As I studied in the several time frames, I think very well it will respect the clear rules of EW theory. So if you are in the buy position, don't forget the TP and SL of your assets. Thank for your attention. Best regards.
As You can see in my illustration as mine analyse of today about BINANCE:NEOUSDT there is a bunch of scenarios. But what I think is it's not important what was befor and what will happen is finishing a triangl when price drops to about 55 USDT and then it starts to going up. If what I think works well in the newest updates I could calculate the TP target level....
As in my opinion as a trader who believe to Elliot waves, I need to see clearly a corrective 3 waves after any impulse wave. So after a impulsive movement from 36 USDT to 66 USDT, there is not any corrective wave. An impulse from 66 to 47 USDT cant correcte the latest movement. So another movement from 47 to 62 USDT is clearly corrective like I expected. And now...
As I talked yesterday about BINANCE:NEOUSDT , It seems the same history is in the XLM. The huge corrective wave needs to breath to going again in depth. So I mean the correction is not yet finished but it wil go up in couple of days before another price drop. In this illustration I imagined if the price hits somewhere about 0.382 USDT, it will take a long...
Price drop from 141 USDT to 35, was a little bit tragic and I believe there is a lot of people who looking to the charts for finding their hope of another big bullish movement. But I ask of my self is there any corrective movement with just one wave? I prefer to answer to this question like this. Is there any impulsive wave without corrective wave? No. So the...
As the new analystic signs, we estimate the actuel price movement is just a corection and after seeing again about 109 usdt, the final phase of bearish movement will be finished. For that we don't have enough information if you want, buy order with about 5% TP and then a sell order with about 10% or more is reasonable. BINANCE:KSMUSDT
As the previous movements show an upward trend, a correction is essential. but it's pretty hard to say the bulls are tired or the direction is changing. So in my opinion as I marked on the chart, a sell order at this current price and another buy order on the marked (long) point is probably achievable and profitable. BINANCE:KSMUSDT
KUCOIN:ZECUSDT It's hard to tell that the last bullish move is turning into a bearish move. but in the meantime a correction can be expected in twenty four hours. depending on the conditions a sell position is probably profitable.
It seems after recent price drop, there is a corrective trend as about 7 % of profit is in the way. How ever going more down for now is not realistic acording the patterns and indicators.
Maybe a long position at this point is a little bit risky, however the signals and also chart patterns shows there is a bullish movement in the order.
In respect of a basic rule, as each motive pattern needs a corrective pattern, so it seems the corrective mode is not finished yet and maybe short position at this level, return the price in the realistic zone.
It seems there is a new trend line that will support the price to go up. So in this scenario, the first TP zone will be around 0.335 and then a nice correction wave will complete the bullish wave for 2nd TP zone.
It seems the correction movement is now finished and the other bullishe movement is in coming.