EstebanH

EstebanH Updated 

One possibility mantaining 7.5-7.2 support is that we are now in a 5-wave ending diagonal before breaking up in a bull trend. RSI is keeping obtaining higher lows and neutral position. MACD and volume are no valuable now, could cross in a bull way or be a fake cross and losing support. Una posibilidad que puede originarse al mantener el soporte 7.5-7.2 es que...

EstebanH

Approaching to the inferior support line, BTC could be forming the 5 subwave ending the B of ABC from 7.2 (D BIG CORRECTIVE WAVE). So, if we still think about ABCDE correction, with inferior trend line as a support, this time support could be around 7.5-7.6. If it's correct, as I said before, this would be the third time this line serves as a support, with higher...

EstebanH

We face a big week in BTC. Testing support trend line with result of: 1. SUCCESS SUPORTING: BIG SIGNAL OF BIG BULL TREND 2. BREAK SUPPORT: ¿FREE FALL TO 3-4K? In charts you can see my ideas. Enfrentamos una semana clave en BTC. Probamos la línea de soporte con resultado de: 1. ÉXITO EN SOPORTE: GRAN SEÑAL DE TENDENCIA ALCISTA 2. RUPTURA SOPORTE: PUEDE...

EstebanH

In few hours BTC little up channel is going to face the resistance of the bigger downtrend channel. What is going to happen? RSI: Double top and overbought? => BEAR VOLUME: Descendent => BEAR MACD: FEW INFO but... crossing down? => NEUTRAL/BEAR CANDLE: Engulfing bull candle in 30 mins chart => BULL Think about it and decide. My opinion: Downtrend to...

EstebanH

As commented before, it seems that we are in an ABC correction, after failure of the impulse wave Looking for support at 8.15-8.3 area to bounce in the C wave up to the resistance at 9.7-9.8 level. Como ya comenté en post anterior, parece que finalmente estemos en corrección ABC, tras fallar la onda de impulso Buscamos soporte en 8.15-8.3K para rebotar y...

EstebanH

INSIDE B OF ABC OF D WAVE RESOLUTION AFTER D-E: 1. CAN BREAK RESISTANCE AT THE END OF D WAVE: Seems not likely. 2. CAN BREAK RESISTANCE AFTER E: Looking up to 12-13 as the first step in a new big bull trend. 3. CAN BREAK SUPPORT AT E: BEAR market Looking for 6K again, and if not, 3-4K area. Dentro de la onda B de ABC de la onda D desde...

EstebanH Updated 

So, After First wave and its retracement to 0.5, BTC is looking up and facing a big resistance wall in 9.5 area. I think is going to beat it but in two attempts, and then stop at 9.7-9.9 area finishing impulse wave. After that, if i am not wrong, we will speak about the big picture and where BTC is OPTION 1 (BULL): SubWave 3 of subwave 3 of wave 5 since 7.2K to...

EstebanH Updated 

After first wave (OF 5th WAVE OR NEW IMPULSE WAVE) we should probably retrace to 0.5-0.618 FIB level, and looking for a support, it should be at the boundaries of 8.5 level. Then, if the support holds (should hold), BTC will follow the third wave, with 1/1-1/1.6 extension to 9.2-9.5 resistance level. Now, MACD is crossing and RSI is gettin lower peaks, that's...

EstebanH

This first subwave and its retracement could be so beautiful. Still between three options of the last POST, although prone to be first or second.

EstebanH

FIRST OPTION: We are still in the same count, with end of third wave at 9.2. But, Is it possible the retracement of 4th wave in the 1st wave? Not in theory, and there's a wick in the top of first wave that goes further than retracement. But, in theory we can consider in a huge leverage market to accept one wick outside this rule. If we assume that, we can...

EstebanH

First of all, admit my mistake calculating the retracement of fourth wave. As I comment in last post, made sense a retracement to 0.618 fib level, not 0.5. With the last engulfing candle of 30mins chart, i expect the fourth wave correction finished. As also told in last post, last comment, if BTC downs further than 8.2, i will be absolutely wrong and anything of...

EstebanH Updated 

As we said before, we finished our 5 wave of 3th wave around 8.9-9.2K. Now, we are in a retracement to 8.6-8.7 level in a 1/1 extension of A-C in an ABC fourth correction wave. After that, i assume we face 5th wave with a roof at 10K, although there's a great probability of getting a trunkated 5th wave, because of a big resistance from 9.5 to 10k. After that, I...

EstebanH

Now fith wave has ended at 9.15, near our target (remember 8.9 third wave, 9.2-9.4 fifth wave). Probably, we are facing a ABC pattern downside to 0.5 FIB area (8.775-8.6) supporting in previous resistance area. Next impulse wave is going to be critical, facing big resistance area at 9.5, but we should expect to be no problem to BTC

EstebanH Updated 

We were facing the correction wave of the first wave from 7.2 My prediction, no advise: 1. We were in a flat bullish ABC correction and now in a first impulse wave, with roof at 8.9-9.0, then retracement and support on the resistance line from 22 december and again 5 wave to 9.2-9.4. 2. Or we are still on a correction wave to retrace to 0.5-0.618 FIB from the...

EstebanH

After wave 2 with ABCDE conformation, we could face a 1/1 extension third wave, with roof at the resistance area of 12-14th March, then a great retracement wave 4 supporting at the downtrend line from 22 Dec 2017 and finally wave 5. My opinion, my guess, non financial advise...

EstebanH

After bouncing at 7.2, begining of the 3th wave from the bottom at 5.9