LTCBTC after breaking the blue trend line made 5 waves of elliot arriving at the 50% correction of any fall of 2018. You should now correct up to 0.011 approximately (50% of the last high) Wait for a pattern to revise at the current value to start the sale.
ETHUSD has corrected, touched the bullish trend line and is in an upward triangle. When closing a daily candle above the low trend line indicating breakage of the active triangle opening LONG with first target in 1700 and second target in 2400. Stop is below 785 USD.
BTC hit the 2.61 level of the Fibo channel and corrected up to 1.61. You kept this price and should go back high to re-test channel level 2.61. Entry effected at USD 10700 at the disruption of the H1 LTB. Stop stands at 9700 and the target is the touch at 2.61 level probably in the range of 25k USD. This movement is a replica of the movement of 2013. With the...
Based on PentarhUdi's analysis of the bitcoin channels, I outlined the movement of bitcoin in its 3 major movements. The bitcoin is repeating the movement pattern made in 2011 to 2013. Being a congestion period on the lower channel until the lower channel is broken to seek the upper channels in 3 major movements. Based on the correction time of 2011/2012 and...
The BTC performed the 5 waves of Elliot respecting the fibonacci levels. Now we enter a time of correction where the price must correct at least up to 38% of all the high movement marked by the blue LTA. It should drop down to the 4900's to recover a little and fall back down to the 4150's. Making the ABC move. It can happen to correct stronger and reach lower...
When we arrived at 3000 USD the price made a correction until the high trend (blue line). Following a move of 3 funds, where the third fund was the touch in the bullish trend. After the touch, he climbed back to break the top. I see a repetition of the correction pattern happening again, with that we made a first background in the region of 3900. With that the...