Hello crypto traders, We are back with an update on Fetchai! Our stoploss got hit on Saturday so we concluded that something was wrong with our idea. We decided to wait until we saw better opportunities. We really think that this is the moment of truth for Fetchai! This crypto asset declined eventually in a nice ABC zigzag pattern. It's pretty common that a...
Earlier today, we have shared on our Twitter feed, that it’s really hard to be bullish at the moment. Let’s discuss why. First and foremost, we want to point out that bear markets often take much longer than the average person thinks. We are very skeptical about the many reports in which 'top traders' or 'experts' state that we have hit the bottom. Our Elliott...
BINANCE:FETUSDT just became impulsive which means that we will see more upside in the near future. But before that can happen, it needs to retrace again. We will buy FET back when it penetrates the 0.41-0.42 zone. Enter: 0.41-0.42 Stop: 0.4082 Target: 0.475
Be careful with FETUSDT! We see bearish divergence on the 1 minute chart and it looks like we have a complete rising 5-wave sequence. It needs to push trough 0.45 to become impulsive!
Hello traders, Yesterday we talked about the possibility that FETUSDT could retrace after it soared 20%. We forecasted a classic A-B-C zigzag pattern that usually halts around the 61.8% Fibonacci level but we retraced slightly different this time! FET retraced in a horizontal triangle that consists of five sub-waves that form a 3-3-3-3-3 structure labeled as...
Hello cryptotraders, We can't publish ideas on 1 min charts so we are doing it on the 15 min. We can count a clean 5 wave upward pattern on FET/USDT with bearish divergence on the 1minute chart. This means that FET will retrace in an ABC structure from here on. A retrace like that usually stops at the 61.8% fibonacci level so keep an eye on that! We will keep...
Hello crypto traders, Currently the cryptomarket seems to trend sideways. It's pretty hard to trade a market with leverage when there isn't any form of volatility so we will do something different today. Our eye fell on ETC while we were scanning the market. The market is currently in a corrective ABC bounce. Although there are some indications that we finished...
Bitcoin dropped almost 2% after our bold short call. We closed our short position earlier this morning with a net gain of 193%. Pretty nice though! How much money did you gain during this retrace? But okay, enough about that. Let's get down to business! We can count a new ABC pattern so we think that Bitcoin can retrace again any moment from now. We placed our...
Just like Dash, BTC looks ready to drop. I can count a complete corrective (ABC) Elliott wave pattern with some bearish divergence. This is actually a beautiful short setup with a 4.85 Risk/Reward ratio. Stop: $3870 Target: <$3700
Hello crypto traders It seems that Dash is ready for a quick short. As you can see, I can count a perfect ABC that retraced 38.2% from the plunge from yesterday. Which basically means that we have to go lower again. In this case, it could be quite severe though. I'm looking for a 10% decline! I will place my stop at the 161.8% level ($88.4) Stop: 88.4 ...