Long Setup Buy : 6150-6180 S/L : 6100 Target 1 : 6300 Target 2: 6430 Target 3: 6560 I see it as Eliot movement. 3rd wave breaking the main resistance 6300 level. 5th wave breaking the descending trend line
This July has been extremely difficult and it is very hard to trade at this time. Unless you are really skilled and you know your strategy and have a risk management method, I wouldn't personally recommend to trade longs or shorts in this area. Of all, its best not to lose money. Two scenarios in mind. We broke out of descending trend line once more. But I hope...
I predicted that we would drop to at least 7.2k from 7.7k. While I was away we even knocked 6.1k Here I give you another call so please follow me. We will probably see a drop to 6.3~ 6.4k and we will leg up once more to knock 6.7k. I am saying a triangle consolidation possibility. Which will bring down to 6.2k / or 6.0k max 5.8k. After this, what comes is a...
I see a leg down from here. Then probably we will draw such triangle shape which will break out upwards soon. Sorry for my previous wrong calls.
We break by uptrend, with accompanying this pattern. will get Rejected by 23.6% retracement around 7700, then head towards 8200. Enjoy
We tried to break 7600 where 0.236 is located. Probably we will set back to 7400. You can go in here, and target 1) 7700 2) 7900 3) 8200 Enjoy. In a big picture, I see a rally up to 9k first. I predicted 7200 drop level, and we will head up from here as I said. It seems we are done with our 2nd wave of correction. Let's see what happens.
We hit 7783, 61.8% retracement. We are likely to defend this level since this is the dip below the trend line. I've called some time before potential buy zones as 7800 or 7200. I don't think we will go that lower anymore, and this is the dip you can have. RSI 4hrs shows it has been oversold, plus there has been a bullish divergence. I am pretty good at...
Continuing my idea, I called 8.8k max and straight back to 7.2k I didn't change my mind on this, yet it seems 8.6k is the max we can reach. Don't be so bullish and buy in like fools.
After I saw that burst up, and now they are trying to make a triangle consolidation, I see a direction upwards to 8.5k. However, the whales will get rid of us like its nothing by dumping once more to 8.1k. But, this is where Long players should start getting in, because that means we have w bottom, at the same time invalidating a head and shoulder pattern which...
This is what I figured out. Just look through my previous ideas, follow me for more ideas. I mean this cryptocurrency is to do with money, right?
from the top, 38.2 % retracement for Leg B, corresponding to the line 8875. Which means we have a leg C waiting us down. It usually has a similar length to Leg A. From here, it could be 7200. Or, 61.8% retracement of the first wave point. which is 7800. I am not recommending any but this is just an advisory. Fundamentally, it shows the chart should already...
My previous calls : One for calling 9.9k successful from 8.8k One for calling 9.1k successful from 9.6k I am going to make another important call. I figured we finished our ABCDE with finishing off at 9.9k We expect correction to start, which it did from 9.9K Correction A finished. Now we are looking for Correction B, which is...
Just an idea. Last time EMA 20 crossed EMA 60 was in September 2016. Then it went up drastically Similar pattern when we were at bottom
I hope I am wrong this time too like my previous ideas. Still, thanks for hearing me. As you can see, I figured out some things repeat at this time. 1) First the formation of descending wedge from the bottom 6.5k, 2) Then the formation of ascending wedge towards 9.7k, 3) Breaking out of the wedge, going bearish. If the triangle formation may be formed, then I...
My idea seemed correct from my previous one. It did drop to 8.9k~9k level and picked up again. However, too little increase to make something happen as expected. What I figured, We finished Elliot wave and it is time for correction wave A,B,C. A,B will move within this triangle. Meaning we will see a drop again once near 8.9k or little higher than the previous...
This looks very solid. Very well supported by all EMAs EMA 20 making an imminent golden cross with EMA50 and EMA 100 at the same location. Plus, it broke out of the classic resistance line, a.k.a 50% retracement point. I will wait for some kind of pullback as RSI is in an overbought region so that it cools down a bit then we go to the moon I say. I will...
I don't need any further explanation. My previous recommendation about BAT. I was expecting a golden cross between 20 and 50 EMA so I waited until it settles a bit. However, it turned out that the moment I was taking a break, obviously there has to be a break out with the news regarding DOW JONES partnership or wtv you call it. Well touched 50% fibo without...