Godly

Godly

Seems everyone wants to partake in the BTC cycle crash... only few will actually make it though. (This chart is for fun, as I tend to draw on my charts sometimes and let them get out of hand)

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I am going to start posting a visual guide to Elliot Wave since a lot of people ask me about where they can learn Elliot Wave theory, and many complain about how long it usually takes. So with this I hope I can simplify the theory for you. This theory works very well in financial markets as well as cryptocurrency markets (not /BTC but /USD) Introduction : ...

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Bulls seem to have taken control for the short-term but as we are making NSL's and LH's on a smaller timeframe than 1hr it is safe to assume we will continue our bearish momentum downward to either make a HL or a NSL. There is also a megaphone formation, and a harmonic shark formation. TP1, TP2 and TP3 have all been listed. (50%, 61.8%, 78.6%) If all these TPs are...

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Harmonic Shark appearing on the weekly, as well as there being confluence with EWT 100% for wave 5; S/L can be placed above high and T/P can be taken at the marked boxes (Potential Reversal Zones)

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Seems bulls have lost their position in the short-term structure as we have wicked through the HL, needs to close below (aqua line) for us to have Bullish expectation failure for the short-term and back to Bearish expectation for the longer term, was expecting it to happen sooner but we retested the LH and failed to close above. Also a harmonic Shark seems to be...

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Bears look to still be in control of the long-term trend downward, bulls took over the short-term for a bit; expecting break of short-term HL and then NSL for the bigger structure.

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We have had a bullish expectation failure for the short-term structure upward, which means we have a bearish expectation and there is a high probability chance bears are good to reload shorts and continue shorting. Bearish expectation failure point has been listed.

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Bulls may have one last chance to save it by not letting is close below $6,315, anything below that and we have a bullish expectation failure and a new bearish expectation which would mean New Structure Lows and Lower Highs. If we begin to make support above $6,315 it would be safe to go long with a S/L under that previous HL. ($6,300)

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Elliot Wave analysis of TSLA stock pt.2, this chart is based solely on technicals and not fundamentals. This is pt.2 of my Elliot Wave analysis, if you haven't seen pt.1 I would implore you to check it out below. Let's get started. There are 2 major scenarios at play, since both scenarios have similiar substructures, there have been 2 analysis' made; one...

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Elliot Wave analysis of TSLA stock pt.1, this chart is based solely on technicals and not fundamentals (Besides me noting that Elon is getting euphoric) It seems we might be in a Expanding flat correction, where B wave goes above A wave by 1.236 - 1.382%, the substructure for this is a bit hard to count since it stopped at 1.618x of the preceding impulse wave,...

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Make it or break it point for DASH, if it breaks and closes below 236 on the Daily and the Weekly, there is a high probability it will go to $0, if this does happen I assume BTC is in the midst of crashing and many coins will be in the red. I have placed a stop below $236 which will put me into a short if we break below and if you are following this trade and...

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ETP seems to have made its bottom, the question now is will it linger and swim with the sharks, or will it take flight like Icarus did... Looks to be making support after finishing the flat 1.0 retracement, stop/loss can be placed under the low that we just bounced from if going long; about 3-5% under.

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ReddCoin has been gaining traction lately, it recently rose 1300%, and we are expecting another MAX target of 1100%. It has retraced 61.8% which marks the second wave of Elliot Wave Theory and means the third wave will soon commence. Be vigilant in watching the 1.618x and the 2.618x. If it retraces at the 1.618x you may hold your long because this usually means an...

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Obviously this may not happen, although if it does. The profits will be magnificent; You lose nothing placing a buy order at 0.0756.

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It looks like Bitcoin has potentially reached its top. Hover over each anchored note to see the appropriate overview for each degree; White bubble is my personal thoughts. A break of 6200 would invalidate this count. ...as the great Apu Nahasapeemapetilon once said, "Thank you come again"

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Confluence at the blue boxes between numerous Elliot Wave multiples and supports; white boxes are 30%-50% of which wave it chooses. Exit at white box for safe trade; can let it keep going if risky. Likeliness of zones marked. When trading, use stop or stop/loss 3%-5% above if going short, below if going long. Would not recommend trailing stop. You can use each...

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Litecoin Position 1 : Buy: $54.7 Stop/Loss: $40/$43 Targets : Normal wave 3: $75 Intermediate wave 3: $100 Extended wave 3: $142 TF: 1-2months