Just look at my prior posts! Let’s go 2.40! I lock d and loaded at 0.61. Holding for a while. This coin, history, technology and chart is a no brainer.
See related idea. Been waiting for this one. Could definitely chop around some more before we will have confirmation.
Watch this coin as I believe if it all plays out we could hit $2.40 in the near future. Buy zone is at the bottom of the flag formation. If it does not break out at top, we could have correction wave E and do a quick trade before the BOOM. This is a potential of 4x profit. I will follow up as time passes. It just broke the 50 day Moving Average so it should bounce...
Just a thought as I have been watching this for a while. I think it will be ready to pop soon. Safest would be to buy if it breaks the upper green line at around TP2.
Going in for a quick gain. Sell order at 1.10 for a 20% profit. Day trading.
We have a possible cup and handle on the 1D chart - need confirmation. We have a possible (somewhat skewed H & S on the 30min - 1h chart. Looks like retest is in play. Need more confirmation. If confirmed it looks like Elliot Wave 4 is complete and we will start wave 5. Wave 3 went to 1.618 on the Fibonacci scale and I am predicting Wave 5 to end close to the 2.68...
This is not trading advice - just my analysis! I really thought that bitcoin was going to have one more lower low but with the confirmation of the H&S and the shakeout of inexperienced traders...I am now very bullish on bitcoin. Riding the MA10 beautifully on the weekly chart.
It took a little longer than expected and I got out at one point. Got back in yesterday and made a good profit. Now I am having FOMO and want to get back in. It is so hard to stay committed to my analyses with the fear of losing any gains!
Look at the volume and the strength today...is the bottom in? Could be a rounded bottom on the lower timeframe...
Could have a good bounce here...if the breakout confirms....
See other related post on NUUSD just made for context...
I made some good money when this was released on Coinbase and have been watching the correction since. I believe it is complete and ready to start wave 3 of the primary wave 3 and we could see a rally to 0.38-0.40 area (TP1). That is 100%+ gains. I have been patient and have now deployed some cash to watch it go. SL 0.155. There is Fib Extension Convergence at...
I created an Elliot Wave analysis and took into account the Correction in early 2018. Let me know what you think.
I love when the Elliot Wave Theory hits like a charm. I’m buying more after it comes back to retest the upper triangle line.