COINBASE:LTCUSD chart is looking bearish. Rating: Neutral Since Reaching All-time highs COINBASE:LTCUSD has gone through complex corrections and tried to end the corrections with a new wave count at Pivot Point $100.20. LTC did complete a 5 Wave sequence which had a terminal point of $251.90. LTCUSD then began a ZigZag Correction. The correction should have ...
CVSI is a once in a generation opportunity. The company produces pharmaceutical grade CBD from cannabis. There are too many catalysts to name but the most recent one is that they have applied to move off the pink sheets to the NASDAQ. Also, Canada just legalized cannabis for recreational use and I believe the U.S. will be soon to follow. Lastly, CBD has a lot...
FB is a STRONG BUY and is going hyperbolic. Price Target is $240 by the end of the year. Next Primary Correction price target is $440. Facebook is currently in a Cycle 5th Wave and in the 3rd Primary Wave of the Lower Degree. Since the IPO the biggest retracement has been 23.6% besides the 61.8% retracement of the 1st Cycle Wave. The most recent retracement...
BTCUSD is a SELL. Bitcoin has completed a 5 Wave cycle and is going to correct here. Look for a 50%-61.8% Pull back.
NASDAQ:APEN saw a break out today and the move was impressive. I believe we saw the first Minor 5 Wave Cycle in a longer trend. We should see and extension of today's rally because WAVE 1 & WAVE 2 broke the Fibonacci Level of 1.618. APEN has been in a long Decline since 2008! Key Fibonacci Extension levels that I am eyeing from the extension of WAVES 1 &...
BCHUSD has broken out of the downtrend channel that it has been in since reaching all time highs in Dec-Jan. The price broke the downtrend channel between the Fibonacci numbers of 1.414 & 1.618. We have seen a recent spike which has only retraced 23.6% which suggests we are going to have an extended wave. The first target is at approx. BCHUSD $1269 (1...
BCH Rating: Sell COINBASE:BCHUSD BCH is currently in a ZIGZAG correction made up of 3 Waves (A), 3 Waves, (B), and 5 Waves (C). We are in the 3rd Wave of the C Wave. The Terminal point for Wave 3 is 1.618 of Waves 1 & 2 respectively. The 3rd wave will ride the Fibonacci Spiral before breaking into the 5th Wave. See the Chart for Targets. Cheers, AB
LTCUSD is looking for Wave 1 (see chart) for support. In my opinion these are flashing BUY levels... I a placing LTCUSD as a BUY! When LTCUSD breaks the downtrend line (Blue) we may not see these levels again in the future... The weak hands are gone, Mt. Gox turmoil is almost over, and regulation is becoming clearer. Put a stop just under Wave 1...
BCHUSD looks like it might be ready to break out. 1. Fibonacci Spiral 2. 100 MA beginning to turn 3. 50 MA has turned 4. Fibonacci Time Series 5. Elliot Wave 6. Inverse Head and Shoulders = Breakout? Cheers, AB
BINANCE:SNTETH has a strong inverse head and shoulders... Just wanted to let you know... Cheers-
LTCUSD has found a bottom at the "Dead Cat Bounce Level". (See previous post) My analysis estimates that we will see a break out in the next 3 days. I have Fibonacci extension targets of 1, 1.382, and 1.618. It looks like we will bounce off the Long-term downtrend line 1 more time before finally breaking the trend. I will keep you updated. Cheers - -AB
LTCUSD is going straight for the "Dead Cat Bounce" which is the Top of Wave 1 when we reached all time highs. If LTC does not hold the Dead Cat Bounce level then we have a big problem. I am on hold. Cheers, -AB
LTCUSD had a 5 wave downtrend wave and has completed A & B Corrective Waves. Well we did not hold my stop-loss from my last post (Linked) so LTCUSD still wanted to correct. I am looking for an ending C wave target I calculated from Wave A & B at the Fibonacci Level of 1, 1.236, and 1.382, and 1.618 (as shown). The C wave will be the beginning of a new 5...
BINANCE:VIBEETH looks to have completed Elliot Waves 1 & 2. We now look to begin the 3rd Wave which will have a target of the Fibonacci levels of 1.382 & 1.618.
LTCUSD looks to be ready to move forward. We have been going through multiple sets of corrections. As you can see, I have put a stop-loss and a target for my analysis. Please see the link to my last post for further information. We have a large falling wedge formation, a reflex point, and a retracement that did not go beyond 100% of the reflex's right...
BINANCE:STORMETH is passing the 1.618 Fibonacci Extension level which suggest we will see an extended 3rd wave. Stop-loss= .00006754
BTCUSD struggled to stay in trend and the bears successfully took BTCUSD down to recent lows again. But when there is blood in the street you buy... BTCUSD retracted correction waves A & B back to the Fibonacci Level of 1.618, this is historically where BTCUSD retraces and then extends. I have a 5 day target and a 14-15 day target for BTCUSD as you...
BCHUSD looks like a winner and has had the most constructive price action out of the big three ( BTCUSD , ETHUSD , BCHUSD ) 1. We are in the midst of forming a solid Inverse Head & Shoulders outlined in the blue arcs. 2. We had an Elliot Wave 1 which retraced back to the Fibonacci Level of 50% 3. Wave 2 is at the end of it's ZigZag Correction The next...