


Cryptestan
Hey guys! The trend line is broken upward and its the best time to take 50% of safe profit ;) This upward rush is supported by the Elon Musk's tweet! check this here out: BITCOIN :) twitter.com
Hello guys! As you can see we have perfectly reached our targets and now we are waiting to see some reversal patterns for a considerable correction. Now you can spot that the credible indicator, RSI , shows divergence in both DAILY and 4H timeframe! For now, if RSI fails to reach the 84 level in the current candle, then the divergence is...
Simple answer: we see the price moves in a sideway pattern and then the price spikes to: Target 1: 27200 Target 2: 27400
Hey mates! I hope you are here reading the 2nd part of my previous post regarding the analysis of LTCUSDT chart. Now, I would like to go into the details of the Daily time frame. Time frame: Daily The most alerting indicator is RSI! If RSI fails to surpass the 70 level, then we would expect a clear divergence =, and consequently, a fall back of the price....
Dear friends! I hope you have till now enjoyed your profits from your positions and if not, do NOT worry since I am gonna reveal valuable details which pave your way toward more reasonable trades and nice profits. In this post I contend to analyze the BINANCE:LTCUSDT chart from weekly to 4H time frame and clarify if its bullish or bearish. So stay with me till...
Hey Super traders! As you can see, the BINANCE:LTCUSDT down-trend line which was in force since 30 Apr 2018 has been broken with a considerable volume! This signals a very strong coming uptrend. Target 1: 110 Target 2: 120 Target 3: 130 Target 4: 144 Have fun safe trading!
Dear Friends. We are taking the same path as mentioned in my last post. To maximize the profit, I personally buy at 18500 with the target of 19170 and from there I wait for another dip to 18450 and from there right up to 21500-22500
Hello friends! I hope you are doing well. As you can see, the price has entered a rising triangle which indicates the continuation of the previous trend which in our case is uptrend. According to J. Murphy's Technical Analysis of Financial Markets, price breaks out in 2/3 to 3/4 of the triangle apex length. so we expect the break out on 17-19 Dec. Meanwhile, price...
Dear Friends, In this post, I would like to pinpoint the major supports and resistances that we might detect in the BTCUSDT daily timeframe so stay with me. Resistances 1- All Time High (ATH) resistance: 19884. 2- Purple channel upper band: around 20700; This channel has been in force since 20 March 2020 and has been tested many times. Thus, its of very...
I hope you are all doing well! This is my Elliott Wave analysis for the upcoming moves. Tomorrow, I expect the price to reach 19400, and then we will have a pull back to 18400 (point Z) and right after that the 3rd minor wave starts whose target is 21500-22500. Have fun safe trading!
Hello Folks! This is an update to my previous post regarding the flag pattern. There are still two possibilities: 1- either the flag is still in action and the price spikes to 21500-22500 sharp and swift. 2- Price traps in the sideways path till 13 Dec and then it breaks out to 21500-22500 In either way, we buy at around 18700 Have fun safe trading!
Dear Friends As you can see, BINANCE:BTCUSDT price is clearly forming a flag pattern, which is perfectly confirmed by the reduction in volume and volatility. Target: 21500-22500 depending on your money management strategy and risk management you can open long after that the price breaks out the upper trendline. Have fun safe trading Viva reasonable profits :)
As you can see in this semilog scale BTCUSD chart, the price is now in its 5th actionary wave. According to the "Equality" guideline by R. N. Elliot, the two other non-extended waves tend to be the same both in magnitude and in time of formation. less ideally, the next proportions are 0.618 and 0.5 on the magnitude. Thus, we can expect to see the price of almost...
Hello Friends! According to my EW counting, we are currently in the 2nd intermediate wave of the 5th primary wave of the 3rd cycle wave which means that our final long term will be 21500 as mentioned in my last post. Yet, for the short term, we are heading toward the following targets to complete the zigzag WXY of the 2nd intermediate wave under...
Hi! I hope you are doing just well. According to my Elliott Wave counting, we are now in the 5th intermediate wave of the 3rd primary wave. Thus based on Elliott principles, we are heading toward 22000 which is just close to the very important Fibonacci level of 1.68. Also, all other Important indicators such as DMI, RSI, MA confirm the uptrend. Have fun trading ;)
Hi friends! In this post, I would like to update my last post on the BTCUSDT chart. As you can see the 5th intermediate wave of the 3rd primary wave c has been formed. This 5th wave is an ending diagonal which indicates a swift sharp correction. Do not be afraid..take over the control and have fun safe trading!