Experimental plot to see if this sequence confirms. Ultra-Bear confirmation: Ping off 3.764 and drop quickly. Strong-Bear confirmation: Ping off 3.618 and drop slowly. Likely event: Ping off 2.764-2.618 band and dont look back.
LTC hit the previously posted targets nicely. Retrace looks to be underway, with red Fib. Expecting an ABC retrace to wave (4) area. There are some intermediate supports which might stop retrace. Litecoin has been ultra-bull and leading so shallow pullback possible. There is also the "Halving" to come, so it might stay bull till then. Previous Analysis calling for 57.xx
Quick plot to capture a beautiful Fib series. 9.618 is often the 'Ender' of of strong waves. 5.618 is the important resistance right now. Elliot Waves are a bit flexible (un-predictable). We MAY have completed all 5 waves of Impulse. But that last spike with followup looks continuous. So lets see if we get a wave 5 yet or retreat hard from here. Chikun has been...
Gold seems to be in a 5 wave impulse move up. Currently looks to be in a wave 4 pullback. Wave 5 has yet to start, but should do soon.
Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. each line Gains its Gravity. each line Tried and Tested . (one above not yet Tested) each line Poised to Reflect. Confluence of 2 is Dependable. Congruence of 3...
BTT did not get much of a push with BTC's last run up. That tells me it needs to finish a real ABC correction. The likely target (6500) still remains the same for me. I have been watching the developing Red Fib. It has been confirming each line precisely. Such confirmations indicate wave C progress. Red Fib aligns with previous support 82-8300. So there is a...
Icon made quite a run recently and is now consolidating. It seems to have made a double top below strong resistance. Based on the various fibs, I have plotted some zones of interest. It just pierced a support zone at .2650 so right now is a risky entry. If it gets above and confirms the zone as support then maybe a long. But ideally I am looking lower like .2300...
ONG looks to have had two impulses pushing down. Red Impulse/Ripples are primary in importance it seems. But the Blue Ripples are showing their relevance as well. Thus I am looking for ''Confluence of 2" for signs of direction. Breakout of current tight band is trade-able, offering very tight SL. I am hoping for one band lower in .51-.52 area for a longer term...
OMG shot upwards with rest of crypto market. It was a most bullish Alts, reaching 13.764 fib. It of course unwound most of the vertical leg. $1.284 is critical support as was recently proven. Break below should see acceleration to next zone. $1.20x is bull's last stand, next support is 1.125-1.120. The making of this chart : Staring with small time frame view...
LTC has been playing the .236 note for some time now. Two different impulses made for the bounce to 53.xx Now it looks to have 2 impulses down forming an ABC. $40.xx looks great both in Fibs and in Psych value. if 40 breaks, then a quick 10% drop to 36 likely. If 36 breaks, then not an ABC but 12345 down.
Quick post to observe the action around fib support zones. UC has been dropping pretty hard with only small bounces. I try to catch each bounce, then put trailing stop in place. One of these times it will be ''the'' bounce to change trend. Thanks to fibs the entries are precise and SL are super tight. This is a followup to my previous plot which gave a nice 25...
ETH surged higher than I expected, and of course came down hard. The Impulse for wave up was quite obvious early on, and still in play. The Drop also had an obvious Impulse that started at the top itself. Notice how the Ripples of both Impulses are almost perfectly aligned. We all remember graphs of Sine waves lining up In-Phase or Out-Phase. These In-Phase...
We topped where expected (see below) then dropped hard as usual. Usually a strong wave leads to another wave(s), thus an ABC correction. Three current possibilities are show, my preference being the middle one. This is a SLIGHT chance that we have completed the retrace already. That drop brought us exactly into a strong support zone. Hit play on Idea below, and...
UC been dropping nicely, looking for a bounce soon. It has been following Fib extensions quite nicely. Looking for 'Confluence of 2" or better yet "3" . . Ordered Chaos every Wave is born from Impulse, like a Pebble into Water. every Pebble bears its own Ripples, gilded of Ratio Golden. every Ripple behaves as its forerunner, setting the Pulse. every Wave...
LTC has been playing the x.236's for some time now. Each 236 has been Pinged, noticed, and reacted. But the 1.236 was never tested so makes me wonder..... Previous wave also playing the 236's Which had made me think 51.65 was a target before it got there
I have been watching and trading this fib for several days now. The 9.618 is a very common Move-Ender of a fib. Just wanted to capture this moment to observe. I have NO idea if GU drop here, but resistance held for 3 hours including London Open. My important take away is the Precision of the road map layed down by the Fibs. I did of course have some limit sells...
ICX nearing previous highs so there will be much resistance. Then we have Fib resistance and psych number of .3000 round. Below we have Fib support at an important "Confluence of 2". To be honest, I do not trade nor follow this coin/dev/usage. But it was mentioned in chat so I thought to take a look at it. Below is my thought process when looking at a chart for...
ONT move has had three separate Impulses thus far. Strong first push,medium second push, now on third. Both of the previous waves finished at their 8.618's.