I am going to monitor the 4 year trends that seem to happen... All mentions to Bob Loukas to showing the world your theory
Sorry, everyone in my previous chart I said that EOS was launching their Mainnet on the 29th of June. Luckily one of our community members corrected us on the matter. We could be a jump in EOS in the next few days so keep an eye out for that. If you want to keep informed of any new developments with regards to this chart follow us on TradingView and we will keep...
As we know EOS will be launching their Main Net on the 29th June, I wanted to use Elliott wave and a Fib retracement to show everyone the potential path EOS could take... Last night we completed wave 4 although saying that if EOS breaks further down today by 1000 sats then this will invalidate this impulsive wave. If it carries on upwards today then we are good...
As we know Tron is at the end of the month 31st of May. What can we expect in the next few days? Well, we use Elliot waves and some Fib lines to try and find the path the Tron could likely take in the next few days leading up to the mainnet launch. Let me know your thoughts, if you agree with me hit the like button if you think that I am off the mark please...
In the video above I use the chart to show a potential move that we could see with regards to Bitcoin. In the video I refer to another chart I plotted in the past using the same method us above, everything after the line is how BTC played out... What are your thoughts? Do you think this could play out? Comment down below if you think I am way off the mark...
As we start this correction are we currently working our way through the B wave? That means you will see the price of BTC come down in the short term, if the price holds in our target zone then we will see the first of the 3rd Wave. This will be taking us near the $11000 mark before we see the 4th Wave. Let us see how this plays out. If BTC doesn't hold in that...
I am currently looking at the 2h chart on Binance. We had a Bollinger Band sell signal on our chart earlier and since then we have been watching to see how this is going to play out. As you can see the previous support line in green has now formed a resistance line but as you can see it is still an upward supporting resistance line. I believe we will see a...
I was just wondering if we have just completed the left should and head formation? If we complete the right shoulder we should see a trend reversal. Are we about to go and test the 0.5 Fib line at $7400?
Hi guys and girls... This is another community request. As I mentioned in one of my previous posts, I am currently learning charts and how all the indicators fit works together. I would like some more help from the community in my journey as I might not always get things right with setting up various indicators, and this is where if you have the knowledge you...
I previously published a chart that Tron TRX was on Elliott Wave (12345) that has hit it's target. See Chart below. We have now added our Elliott Correctional Wave (ABC). Once we drew the Fib Retracement Line we could see the target zones that we feel we will hit. As the price of bitcoin is on the rise at the moment we don't expect such a big correction.
Will we be going down to $6500 then back up to test the $7000 mark in btc? The main reason I drew this chart was to see how it plays out... What Are your thoughts?
If I draw a Fib Retracement chart from the swing long to the swing high from our last major bull run, we see that the 0.5 Fib level is coming up. I believe we will test this line in the near future, if we break this line then you will see Tron go on a bull run.
Will the next stop be $6500k?
As we mentioned in our last chart bitcoin coin is playing out on the path we had set for it. We include another Elliott Wave (12345) shown in Green to show you the path that BTC should take along the 5th Wave that we are currently in. I have this wave set to stop at the $5800 level and can see it touching that price mark. I have then gone further to and shown...
I know there is a lot going on with this chart at the moment but if you bare with me I will try and explain what is going on here. In the chart below you will notice the large Elliott Wave following the downward trend pattern. As you can see I have moved Wave 5 further down to allow for another test of the $6000 support level. You will also have noticed that...
This evening I started off by asking the community for help so that I can start to better understand how the Elliott Impulse Wave works in a downward trend. The first chart I got completely wrong (as shown below) but thanks to the help of @alexyeoh I managed to correct the starting point of the Elliott Impulse Wave. @titanlyy then commented on my last chart ...
I published a chart earlier about learning the Elliot Waves. I asked for help from the community and @alexyeoh helped me with setting up an Elliott Impulse Wave correctly.
I won't lie I am quite new to Technical Analysis and I have just started learning about Elliott Waves and would appreciate any advice from the community to make sure I am on the correct path... I have read a few articles about Ralph Nelson Elliott and his theory, I have also watched a few YouTube videos on how to set Elliott Impulse Waves. Most of those video's...