Idk maybe i'm too bullish. Stops sub 119 USD Target 1 = 160 USD Target 2 = 192 USD Upper boundary of the channel will probably provide resistance (if we get there).
Do you believe in magic? I projected in May that the bear cycle will last 35 weeks. Stop at the ATH T1 35000 T2 25500
My gut told me that we wouldn't see a deep 5th wave, like most thought. However, I never thought that it would be this shallow! Have we witnessed an ending diagonal yesterday? I just did a deep dive and this is the best I could come up with.
small video update about what I think that can happen next
Here is my lower timeframe count on Link 🔸 We'll see more bullish momentum IF we reach $3.85. 🔸 Resistances at 3.65 and 3.78 As you can see, I expect lower prices during the next few days. See ya!
All right, here we go. This can still be a complex WXY pattern but honestly, I don't like this count. If so, reclaiming green line = bullish. Reaching the 161.8% would be bearish and buries the WXY. Are you ready? Let's go!!
I can count 5 waves down on the 15min so, I know that we'll see more bearish action in the future. How deep? Well, at least to <18 There is also some bull divergence on the 15min timeframe. Will we bounce soon? If correct, I expect a complex/sideways pattern with $21.8 as resistance followed by new dump. Stay safe!
ZEC was a clean impulse higher with bearish divergence and decreasing volume in the fifth wave. The next few days will be interesting. Especially when we lose $57! The first area of interest will be $46-$50. Holding the $46-$50 area with bullish divergence means that we'll see another cycle high. But a move like that will surprise me.
ETC is pretty clear and my previous warning was a top call. It would seriously surprise me if we'll see a new cycle high (>13.181) during the next few weeks. This is just a reactionary bounce that will fail around $10
BTT is showing a clear impulsive pattern and looks ready to bounce higher. Are you ready?
Hello Lunarians, Somebody told me on social media that you can count the move since Sep 2019 as an expanded flat and by the looks of it, he/she can be right. Guidelines • A corrective 3 waves move labeled as ABC • Subdivision of wave A and B is in 3 waves • Subdivision of wave C is in 5 waves impulse / diagonal • Wave B terminates beyond the starting level...
Hi lunarians, I don't have much time but I really wanted to point out that I can see bearish signs on ETHBTC. The impulsive move (5 waves up) since the start of this year looks about done. Besides, I can spot bearish divergence on the daily and hourly timeframes. A reversal lower wouldn't surprise me at all if you consider both highlighted facts. How far this...
Hello traders, We are back with a new interesting trade! Yesterday was a very profitable day because BNB reacted as expected. It went down and we scalped some longs along the way down. This time we don't trade BNB against tether. Instead, we will use the BNB/ETH pair! We think that ETH can outperform BNB with +- 9% so we will switch some BNB to ETH and buy it...
The decline in BNB became impulsive. Something that will result in lower prices... We bought some back at 13.85 for a quick bounce towards the 14.17 zone where we will sell it again. Let's go!
Hi traders, Yesterday, we warned on twitter that ETH would correct but it seems that this correction could be over already. It kinda looks like a flat because we can count three seperate waves with C=A. However, this pattern can still turn out into a descending triangle (see example). Something that would result in a little more sideways action. Eitherway we...
Hello traders, We converted some BNB into tetherus because we think there is a good chance that it will come down a little during the next couple of days. It went up pretty hard and fast so a small retracement seems right at this point. Especially with bearish divergence on several timeframes. Keep an eye on these major support zones Zone 1: 11.47 Zone 2:...
Hello traders, We are back with an update on Bitcoin. Earlier today, our call to short BTC seemed a bit unlucky but these things can always happen. Only paper traders never make mistakes! And before we forget, we only lost a very small amount. Elliott wave is an excellent tool for risk/position management. If you know what you are doing, you can use it to cut...
Hello crypto traders, We have just opened a new position in Bitcoin. We went short on Deribit at 3737.75! OPEN: 3737.75 STOP: 3757.38 TARGET: <3670