CovidScamIsAnIQTest

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It is done in the past, will it do it again?

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BTC fib level indicates it has the potential to run up as far as 7500ish. That means the uptrend channel would have to be broken. I suspect huge correction after the fork to 4600, then 8400. :)

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This idea is borrowed from @DianKemala web of trendline theory. Plus, consideration of each correction was around 40%, I come up with a target price of 7400 :) Accidentally, it is also a fib projection level area, which I didn't draw that to make the chart unreadable.

CovidScamIsAnIQTest Updated 

When it is all time high, all we got is fib projection for the profit target, if the trendline is meeting at one of the Fibonacci levels, that could be significant. The upper channel and fib level project meet around 6200, that's where wave 3 ends, ideally. Wave 4 would be around Oct 25 the hardfork, a slight retracement to 5455 (fib retracement at .236). I am...

CovidScamIsAnIQTest Updated 

Look at the chart area that is highlighted in triangle...as well as the ABCDE wave when dropping. I cannot help but wonder if it will follow the same foot steps when the price is recovering. I would open a long position around $47.50-$48.00 to ride it up. This price level is above Fibonacci Retracement of .786.

CovidScamIsAnIQTest Updated 

Let's go fishing, the lower the sea level, the bigger the net :) (see my yellow circles)

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Will we see an attempt of reach $66 ? It's all depends on BTC.

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Buy area 2450-3200 would be my accumulation area if the head and shoulder formed.

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BTCUSD future by fib ext

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So far, the trendline is holding, 4100 seems is a wall is not that easy to break. Along with rising wedge bearish pattern forming, expecting it drops to fib levels.

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I am expecting it to drop - 3 targets if you short. See chart.

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I know it looks ugly and not balance comparing one wing to another, but it does meet the criteria of Cypher pattern. Looking to take a small long position at the right corner bottom where fib 0.786 is at, and ride it up for a .382 retracement for a few hundred bucks.

CovidScamIsAnIQTest Updated 

This the worst case scenario - we will see 1500 in this bear market. We have just finished 12345 uptrend Elliot Wave. If we were to - 1. Complete ABCDE correction 2. touch the longterm trendline on log chart 3. hit fib retracement at 0.786

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ETHUSD - weekly log chart - $95 does not look far off, it is right at .786 fib level and will complete double top pattern. tutorials.topstockresearch.com

CovidScamIsAnIQTest Updated 

Have you heard of this book "Ask and it's given"? It's fun to read. Now we've hit .618 fib retracement, it's time to go up. When ETH and BTC doing dead cat bounce, LTC might make a new high like 3 months ago. Bullish flag pattern is forming, whales made this pattern in purpose maybe.

CovidScamIsAnIQTest Updated 

I bet a lot of traders craving for some actions. Maybe, it is here. ETHUSD has always been always a nice swing trade pair. In a short 24-48 hours, your gain could be 30-40% if you catch the knife just right on time. The chart maps out my plan. Yellow circle entries are according to the fib level, along with consolidation area in the past, plus the "character" of...

CovidScamIsAnIQTest Updated 

Litecoin is extremely hot right now, it might not be going to touch the lower channel If we are lucky, it will bounce from the middle dotted line. I would buy right under the dotted yellow line around 62-68 area and expect it tries for ATH. (I am using purple circle for long entries on this one) yellow circle area where it touches the lower channel is always my...

CovidScamIsAnIQTest Updated 

Not sure if BTC breaks ATH will help ETHUSD, this is forming a bearish rising wedge on the daily chart. If it breaks down the wedge, it might go to 0.382 fib level around 290-300 price range. Just get ready.