


ESSCRS
Once again ETH moves up tot he 50% retrace of previous wave and fails, which gives us our targets below, this is only if we break the lows
If COINBASE:LTCUSD breaks the lows we have a target box in the $55 area. watch for a retest of the upper parallel, if it fails to break and hold the probability for that target being reached is high
BTC looks to have completed wave 4., bounced right off the 38.2% retracement of wave 3 and hit the lower parallel of the pitchfork, that was textbook, algo buying at the 38.2 gives us our first target at $9057 then $9409 follow and comment if you have questions or discussion
looks like we have another wave down to complete this Wave 4, we have 38.6% and two pitchforks converging here for support, lets see where she goes
LTC showing bullish divergence on Stock and RSI, and got a nice bounce off this lower trend line, will we see a new high in the next few days? IMO we are putting in a diagonal wave 1,minor wave 4 looks complete and we will be moving up for a fifth wave shortly
Significant drop in volume over the weekend but still looking strong, minor resisitance here but a break of the pink pitchfork and we could see higher highs, Im still long and strong
LTC has support from the blue median line but having trouble closing above the pink median line, a strong close above the pink ML and we have a high probability of hitting the upper parallel
BTC still strong but finding some resistance here, this could prove to be a critical area Want to always know where the areas of support and resistance, Pitchforks will show you the way, look for entries on breaks and retests of median lines and parallels, exit positions upon reaching the later parallel or a failure to reach, prices tend to reverse upon reaching...
ETH needs a push to get up to and through the median line, if it can get through the 50% line here, there is a high probability of hitting the median line Remember Moving averages are good, indicators work well but the highest odds in trading come from the pitchfork, when price holds the lower parallel there is an 80% chance of hitting the median line, it will...
LTC needs to hold the lower ML of the purple fork, high probability of hitting the Median Line (ML) if it holds
BTC making moves wave 4 looks complete heading up for 5
BTC running into the upper parallel of the pitch fork, and hitting the 161.8% extension of W1, beautiful wave 3, we could see a pull back to 8k, then targets for W5 9k -9.4k, thats if we dont get any extensions which we may, happy trading trading
Do what you would like with this and take it in and out of log scale its been holding the market for months
If LTC can't break through this pitchfork looks we head back down to test the lower trend line, downside target $65-54