Kappy

Kappy Updated 

Pressing play on the "3 degrees of 5 wave patterns complete" chart a triangle has unfolded. The triangle indicates more bullishness but it's the final move next. The triangle is either complete with the initial waves 1 and 2 following (solid line) or, wave e is in its final move (dashed line). The correction that follows should be BIG according to the larger...

Kappy Updated 

We are becoming more and more dependent on the internet. Along with this increased dependence the social desire for cyber defense will grow. Even at high costs the demand and necessity will be strong. A single company will not monopolize security of the internet - it's too big and too complex - but I do think a broad index of companies building the "immune system...

Kappy Updated 

This is my long-term view of the Bitcoin Elliott Wave structure taking into consideration all historic price data.

Kappy Updated 

Intermediate wave (C) – of the primary degree wave B (circle) of the expanding flat correction unfolding since the 2013 top – is complete. Five wave impulses at three degrees (Minor, Minute, Minuette) are complete for intermediate wave (C). This could be it. I have stepped away from the ending diagonal interpretation for wave (C). The wave structure since...

Kappy

I've been consistent in my analysis since July of last year (see related ideas). It certainly surpassed my projections. The mainstream media is finally covering bitcoin AFTER it has rallied $2000 or moved up at least 300%. Now, "experts" will explain this rally to you and justify why "this time is different." I view this as a major sell signal (i.e. optimism at...

Kappy Updated 

The bearish primary degree count (on log scale) still satisfies more factors (i.e. volume trends, sentiment, proportionality, distance, time) than the bullish cycle degree count (on arithmetic scale) and I consider it the higher probability scenario. Log scale shows that the rally to new all-time highs is not as big as it seems. Arithmetic scale shows how steep...

Kappy

1) This could be the peaking of a long-term correction linked in the related ideas. That is the primary count (blue) in the chart above. 2) The clear 5 wave rise from the (b) low suggests at least a three wave corrective pattern should follow. 3) Ignoring the big picture wave counts, in red from the wave ((x)) low is a potential 5 wave impulse. Again, suggesting...

Kappy Updated 

In flat corrections, Wave B terminates near the end of Wave A. In expanded flats , wave B of the 3-3-5 pattern terminates beyond the starting level of wave A. Subwave sequence is 3-3-5 ((A))-((B))-((C)) The big picture wave count based on the initial primary degree five wave rise from the Mt. Gox price data, is that BTCUSD is correcting in an expanding flat...

Kappy Updated 

My preferred count is still to view bitcoin in a large correction since the manic bubble burst 3 years ago. It took 5 years from the creation of bitcoin to reach its mania high. The time it is taking for this corrective pattern to unfold still fits into the larger wave structure. With the alt count "Entertaining the Bull" in mind, the short-term view does call...

Kappy Updated 

This is not my preferred count but I am entertaining the idea. I believe bitcoin price still could be a in a very large correction pattern.

Kappy Updated 

The series of ones and twos for a third wave build up has not yet panned out. It's looking choppy and pulling back to view the longer time frames it looks like a triangle may be forming. This extends the larger ABC count. The current macroeconomic landscape and geopolitical events may support a rush to cryptocurrency as an alternate or safety trade to local...

Kappy Updated 

The waves are counting nicely. Continuing with my short position from the 683 level. Publishing this as an update/additional sell entry opportunity.

Kappy

Red Devils fans' hope should be up! I am applying Elliott Waves to MANU (Manchester United Football Club) stock price. Fundamentally, things are looking good with new manager José Mourinho and new player signings. It will be interesting to watch if the chart correlates with the clubs performance this season. Technically speaking, after a series of corrective...

Kappy

The 4 hour chart boasts a five decline with a three wave correction. The 30 minute chart also shows a clear five wave decline and three wave corrections. Within the bigger picture (see related chart) this bodes well for a shorting opportunity - third of third wave. Alternately, this would be the start of wave C (3rd wave) of an ABC pattern.

Kappy Updated 

The impulsive five waves from the August 2015 low was followed by a triangle pattern that has been breaking out to the upside since the March 2016 low. This constitutes an A-triangle B-C wave count. It is rare for a triangle to be in wave two of an impulsive five wave count, therefore counting this rise as an A-B-C corrective wave has the highest probability. 775...

Kappy

The price rise since mid-September certainly looks bullish with an impulsive 5 wave structure. Volume rose and MACD, RSI & Stoch all trended upwards, even into overbought on a daily chart. I see potential for this to be a blow out from a large wave (B) expanding triangle considering it took a parabolic structure in a short amount of time. The big wicks on the...

Kappy Updated 

Stop loss @ 244 Target ~193

Kappy

"It's like we said on the iPad, if you see a stylus, they blew it." -Steve Jobs 2010 Target: Near there terminus of the previous fourth wave of one lesser degree (red 4).