As you can see in my chart, we have now completed waves 1 & 2. Wave 3 will now begin and I'm expecting the wave to extend to the 1.618 Fibonacci Level or 1.382 at the very least. We had an Irregular correction which allowed Wave 4 to go into the price area of Wave 1. We have just went through an extended correction which means we will have a strong move once...
ETHUSD is a tough call right here. Since we had an extended 5th Wave which created the all time highs, we successfully retraced the entire 5th Wave. Will we retrace the entire 5 Wave Cycle which tends to happen or is also known as the Double Retracement? If we do, the target is ETHUSD $321!
BTCUSD wants to go higher and has constructive price action the past few hours. But, we might have to go lower still before we go higher. If the bulls can hold the new trend channel in purple then we will move higher. If the bears defeat the new trend channel we will test near the all time lows again. I have marked stop-loss point on my chart. The next few...
BTCUSD Looks like Wave C has officially ended with 5 Sub-Waves + 3 Corrective Waves. We have a 5 Mini-Wave sequence to begin the Bullish Streak. I am expectiong a 50%-61.8% retracement that will happen in 3 Corrective waves. Will update soon. Stay thirsty my friends, -AB
BTCUSD We are currently at in the midst of WAVE C of the Correction which is 5 Sub-Waves. The Fibonacci Retracement Level to look for is 1.618. This selling will be intense and brief, hopefully your stop-loss hit so you can profit from the down turn. WACE C TARGET: BTCUSD $8898-$8143 Hold on...its going to be a little bumpy. Count the WAVES. Look for...
ETH KRAKEN:ETHUSD is ready to rock. This Chart is looking good. Stay thirsty my friends, -AB Educational only.
Will update shortly. -AB Time for some ZZZZssssss
Looking at the BTC chart, we are in a Flat Correction. This is similar to the first correction after the high in December. Also, I have noticed that when BTC corrects it is fairly short and only retraces between 38.2% & 50% Fibonacci Levels. The highest recent retrace was 61.8% after the First Wave 1 since the bottom. I expect WAVE C to finish its...
Ok, LTCUSD is currently in the final stages of WAVE C in a Double Ill-regular Correction. I warned about this type of move in my first post and it has come to fruition. So, the main questions is where will it end? If we look to the first illregular correction WAVE C ended at the Fibonacci Retracement level of 2.618 or LTCUSD $182.98 respectively of WAVE A...
I have decide to update my original idea. I still still believe in my $228 & $245 Targets for COINBASE:LTCUSD but we had an irregular correction. I’m on an iPad so I will let the chart do the talking. So, the only real difference is the timeline which is now 3 to 5 days. Stay thirsty my friends, -AB
LTC COINBASE:LTCUSD ended it's correction with a simple ZigZag Correction. We are now into the 3rd Major Wave, which is expecting a price target of COINBASE:LTCUSD 245.25. If this wave exceeds COINBASE:LTCUSD 245.25 we are in for an extension which could be 200%+ retrace levels of the inner wave 1. Timeline: 1-3 days Stay tuned for updates. -AB