The Graph seem to be in a falling wedge. Expecting a huge pump Wait for confirmation and trade carefully!
Opening a long position on RUNE. Wave 4 is probably completed. Starting a last wave (5) to the upside before retracement. R&R is optimal Let's goooo
So chainlink just broke a multi-year trendline and is now printing a Head and shoulders pattern. The price targets are beyond imagination and really scary... Are we about to witness Chainlink collapse in the coming weeks?
Welcome to a series of videos called Trading Strategies. In the next couple of weeks, we'll talk about different strategies one can use to maximize gains: Market psychology, trading tools, trading styles, technical analysis. Today, the first steps: 1- Defining who you are: Are you an investor or a trader 2- Educating yourself: Knowledge is the best tool...
The first of many... Solana's chart with an Elliott Wave perspective
I just opened a long position on ADA/USDT two bullish patterns, one within the other: inverted head and shoulders | Falling wedge 1- falling wedge: Stats: Break-even failure rate: 11% in a bull market; 11% in a bear market Average rise: 32% in a bull market; 26% in a bear market Percentage meeting price target: 70% in a bull market; 60% in a bear market 2-...
The pattern is clean. We are currently forming a bear flag. The declining volume suggests that there is an imminent move. The bear flag can be a really powerful pattern and someone who's able to spot it and then trade it can make some money Bear flag Statistics: Break-even failure rate: 2% in a bull market; 0% in a bear market Average decline: 16% in a bull...
The pattern is clean. We are currently forming a descending triangle. The declining volume suggests that there is an imminent move. Descending Triangle Statistics: Break-even failure rate: 16% in a bull market; 11% in a bear market Average decline: 16% in a bull market; 25% in a bear market Pullbacks: 54% in a bull market; 59% in a bear market Percentage...
While we've obviously been in a bear trend for the past weeks, Cardano might be indicating that a reversal is imminent. Here are the three patterns/ indicators I am closely watching: 1- Falling wedge: reversal pattern, theoretical target at the beginning of the pattern 2- Inverted head and shoulders: work the same way as a regular head and shoulders 3- 9/30...
I'm opening a long position on Zil/USDT. We are potentially in a double bottom pattern and we've formed a bullish divergence. I have multiple take profit target and as always, a tight stop loss One should be careful considering that we have a death cross on the daily timeframe.
I'm about to open another short position on Litecoin/USDT There is a hidden bearish divergence suggesting an imminent dump and we've formed a rising wedge . We can expect a 20% decline in the coming days. As usual, tight stop loss and take profits down the road ;)
Honestly, I'm not bullish at all on Gold and you should look at my previous idea I posted earlier today if you wanna look at the bearish scenario. Yet I think it's important to consider both options. The cup is clean and we've already started forming the handle; I'm not sure if we broke out of it and we're testing it right now or if it is in a larger downtrend....
Gold could be entering a corrective phase that could last god how long! There is a couple of targets that gold could reach during this bear market: The green lines are respectively the 50% and 61,8% of the wave 1 ( wave 2 target ) The blue lines are the 123% and 127% extension of wave A ( Target of the C wave. The yellow lines are the targets for wave 5. The...
Waiting for a breakout and some volume. I'll open a short position after we break the 160.01 level. I'm expecting a dump of at least 20%. Not financial advice ;) Trade Carefully :D :D
the fourth wave is done. let's start this last leg to the downside. Will post another video really soon
Let's look at the Elliott Wave theory (guidelines, ratios, rules & psychology of every wave), and let's talk risk management before opening any trade
Let's dive a little bit deeper
Is the bull run over? is bitcoin dead? Let's see...