Looks like the 4th leg has formed (It can't go higher because it will exceed the first leg). So if the wave count needs to be valid we can't go higher from here. Enoy!
Good R/R trade here! Still bearish bias on ETH/USD until 100s are reached. I estimate a strong move to the level on the chart, and then continutation to the downside.
Preparing for a trend reversal, but we still need to reach these levels before going higher.
Fib trade. I'm still quite bearish ETH. With all the noise in the market with ICO's and so on, i still see the value being to high! Stop loss could be placed above the fib retrace level. Enjoy!
Possible price movements. Remember to trade like a casino. Anticipate losses, and many of them! Enjoy!
This is not a high probability trade, but a possibility. Elliot wave looks decent, and after the hard fork, i think the volume could give enough traction to move north. Let's see! Enjoy!
Still short ETH/USD. High probability trade. Bias still bearish. We have a very good elliot setup here. Short in the red area and have a tight SL. Good R/R as well. Good luck!
High probability trade. In the direction of my bias on ETH. Be careful with MM. Remember to calculate your probabilities always, and have an edge against the market. Enjoy!
So this is a GREAT setup with very good R/R. We have had a very, very long third wave coming down, and we might have formed wave 4 entirely. If this is correct, then we'll see an impulsive wave towards the level i have drawn on the chart. That is a VERY strong level, and i will close entire position if we reach that level. Fundamentals are still aligned in my...
So this one is very messy at the moment. I'm not trading this pair right now. I'f we're following the rules of Elliot wave, we should see a leg going higher to make the last wave. There is also a chance that we already have had the 5th wave, but then the overlapping of the bottom of 4 and 1 must be accepted, and this is rare with EW.
Here we go again. So the last count was wrong. But we knew the risk and had a short stop loss as i wrote in the description. This count looks even better as the top from leg 4 is just below the bottom of leg 1. We could see a good long move down to the green zone, but as we know crypto can be hard to predict as it's a very premature market, and we should always...
High probability trade. ETH/USD is touching the confirmed trend line, and i think we will see the last move down. Trade should be taken with a tight SL. Enjoy!
Hight probability trade. Following overall bias. Just a quick update on the already posted trade. I will do trades like this in the future as well :-) I just wanted to clarify the potential levels we could see in the coming days. Enjoy!
High probability trade. Combining the trend line and the fib retrace. Trade is also alligned with overall bias on cryptos.
High probability trade. Following bearish sentiment in crypto market.