ElliottWaveBelgium

ElliottWaveBelgium Updated 

Buying right now is a bit too risky for my style. I'll wait a bit and see if price can drop to the 80-82 zone, stalls and starts to go back up without going below 794, otherwise I'll pass on this setup for now. BINANCE:SHIBUSDT , BINANCE:DOGEUSDT are of similar setup although I prefer to stay with PEPE as it's leading the two others for now.

ElliottWaveBelgium

If you're wondering if a dip in those MEME coins is a buying opportunity or a sign the party's over, measuring % price drops during such big rallies is a very valuable tool. Here's how: Track the % retracements: During a big rally or steady uptrend, healthy pullbacks typically retrace similar percentages. So, simply measure the size of each dip and compare...

ElliottWaveBelgium

I'm looking for a rise from current levels as long as price stays above 40.55$ which is my Stop . Very little risk with a profit potential of 3R if not more.

ElliottWaveBelgium

The best move for this finished imho. We should see a correction that ideally shouldn't exceed -10% from the high but it will be mostly time consuming, frustrating all late comers. So, if you're a short/medium term trader it's best to just take your profits and stay out of the market for the next few weeks or try your luck somewhere else in another group. If...

ElliottWaveBelgium

Price contracted very nicely those last few days. Stop is at today's low. Target is open.

ElliottWaveBelgium Updated 

Hey guys ! I know I haven't been actif lately, I apologise for that, my other projects are taking up all of my time and focus sadly and it's not about to change for now at least. Also, as you've noticed, there's haven't been many good opportunities to buy the last few months... So, it's been best to simply stay out. Anyway, here's a quick update on the...

ElliottWaveBelgium

Buy point is/was when price moved above yesterday's high around 206. I'm using 202.8 (today's current low) as my Stop. FIY I'm already long this name since beginning of April, so, I'm just adding to my current position.

ElliottWaveBelgium

CROX is approaching the 144 - 146 resistance zone. It's possible for it to go for 148-150 but I won't chase it as R/R isn't good enough for me right now. I'll wait for a small correction that should last more or less one trading day and ideally price needs to be contained by the orange marked zone. So, I won't touch it until Wednesday at least so I don't get...

ElliottWaveBelgium

Interest rate decision is in less than 15min and a 25bps hike is expected. Markets have run ahead of it this week so a small pullback is likely but as long as prices stay above the dotted Invalidation levels, there's nothing to worry and we should resume higher tomorrow probably. From a risk/reward perspective, I think it's a good idea to look to go long,...

ElliottWaveBelgium

Seems to me like this could unfold as a complexe correction if bulls are to remain in power longer term. We could see soon a move up but if it stays sideways it's most likely going to be a wave (b) of higher degree Y imho. Look for individual names showing relative strength right now, those are most likely to be the next big leaders.

ElliottWaveBelgium

Buyable But consider buying on an intraday pullback maybe to improve R/R a bit.

ElliottWaveBelgium

A bit too extended from entry point for my liking so try and get in on an intraday pullback similar to GOOGL. R/R worth it considering I'm going for ~290$.

ElliottWaveBelgium

It's possible price goes back below the 100$ BO level but I'm nonetheless trying a small position here with a small stop at 99$. I'll add on a move above 104.5$.

ElliottWaveBelgium

A move above 238$ could take this to new highs giving a R/R of more than 3.5R. If price goes above 262$ (78.6% Fib retracement), it's likely it can go towards the 127.2% level around 300$.

ElliottWaveBelgium

I bought this one yesterday with a Stop at 60.5$ If you want to get in, maybe wait for a small intraday pullback before doing so if you consider that a 6% risk is too much for you in current market conditions.

ElliottWaveBelgium Updated 

Price action from the 4640 high is not impulsive imo and thus increases the chance of this being a 1,2 move ! From the 18th we also got a 5 waves move up from the 4362 low and so, if current pullback holds above this level and can then make a new high above 4491, I think we can say that we have started a new bull run.

ElliottWaveBelgium

Nat Gas - Add this to your main watchlist. We could get a nice opportunity to short if we get a small pullback next few days to the noted orange zone at which point we have to look for clues for a potential sell off. #patience

ElliottWaveBelgium

Looking for this one to go to 78$ at first. Positive earnings last few quarters and good looking volume pattern indicate a potential breakout is imminent. The wave count suggests we are finishing a wave 4 of higher degree wave iii.