


Undertable
We are now almost bottom of our trading zone for aggro trader where I mentioned yesterday (plz don`t forget we are in NO TRADING ZONE for conservative trader) We are now at the final defense line for bulls In ichimoku cloud $7,290~$7,200 is the deadline for bulls If today`s candle end price is below : $7,280 It might be "run away signal" and I will sell...
first of all I rarely trade USOIL, forex, gold etc Few days ago, one of my friend ask about how I look USOIL, I feel these market is much more easier than crypto, so maybe I will post some of them anw at that time, I replied to my friend as below: So anw USOIL is now subwave of wave 5 It retraced 0.705fib so, now it will go down to below $67,03
As I told you before, there were so many manipulation in purple box area. If you zoom in 1hr time frame, you will notice there is no way to apply EW theory naturally (or just I am the only idiot person who cannot do hehe) Anyway there are few things that changed and still valid, so let me make it clear: In big picture, we are still in NO TRADING ZONE for...
If we can go one more wave up, it cannot break down below $7,550 That means bulls (especially whales) had to defend current low $7,664 (which is 0.705 fib level) As I told you before, I think $8,660 will be final top of this uptrend from $5,880 In conclusion, this is very good spot to put some long, cuz risk/reward ratio is pretty good Personally I am...
I still believe that we are in wave 4 and go down to wave 5, unless we break up $9,000 For conservative traders, I would highly recommend not to trade in grey area. It is ok to wait for more information. HOWEVER, you know I am greedy hehe Even if we are not sure in 3rd wave in bullish trend or C wave in bearish trend, $8,620~$8,780 could be great to sell...
First of all, there is no way to apply EW theory NATURALLY in the purple box area: cuz we got already extended wave (iii), (v) will most likely less than $8,686.3 Of course it is absolutely crazy set order based on the prediction that "truncated" :D But I think the probability will be around 5% that means more than below: so funny isn`t it? haha
I know lots of people think we are at bullish impulse wave. But I think we just got end of wave (4) and now it will go down to wave (5) In oriental philosophy perspective, I do believe "price must go with the right flow" I really don`t like that $7,685 and it is against $7,507 which is 0.5 retrace of wave (2) - of course it was punished instantly cuz it was...
Since early of Mar, ETH/BTC follows BTC/USD pair. It means when BTC goes up, ETH goes up more, and when BTC goes down, ETH goes down more. However, look at the red box area. Now people believe bearish trend is end, and start to accumulate BTC(check OBV of BTC/usd) So, BTC dominance goes high, ETH/BTC pair go down even if BTC price went up. I do believe BTC shold...
For me, everything looks clear. I still do believe we have to go one more down at least $6,000 I just changed my count a little bit, but it will not affect the result So, It could go down to $7,000~$6,950, and go up to $7,960~$8,010 I would definitely put sick short order at that level So, where is the stop loss that means I am totally wrong and we are now...
I believe we are going small one more wave down. So, $6,020~$6,050 will be my buy zone. But, where do I have to get out of market? This is my perspective for current situation: So, I would get out of the market around $6,500~$6,600 which is (B), and wait for (C) which is $5,900~$5,800 I feel I think I have to re-count a little bit based on my 6 day...
As I updated in my last posting, it completed alt bat harmonic pattern, it bounced from exactly $6,260 which is 3.618 fib lv I also told you in the yesterday posting, we are now in ABC correction, and I consider $6,260 was the end of wave (A) - now it is forming engulfing candle :D Therefore, It should go up for the retrace which is end of wave (B) and, going...
Main chart looks little bit messy, let`s take a look at one by one. before going on, I am not used to harmonic pattern, so if there is any mistake, plz blame me hard at the comment :D It broke down the wedge(purple) and struggles at neckline. However, the most important thing is these two candles Because of these candles, it is now really...
Quick review ( last 24hrs ) We go down to $7,310 very very quickly, it looked well, but..... Small dumping happend, and failed to break up the channel, and finally go down to $6,666.1 In Wave perspective, I think It could go up one more time. So, I think it is time to get into long position with low risk. 4hr RSI is still holding, MACD 4hr is still...
Lol, This is really interesting spot As you can see in the main chart, we got rejected in last 12hrs (it was war!!!) However, bulls managed to defense $6,414 which was end of wave (4) So, I think it is more likely to go up. It is very suitable for both "starting of long term uptrend(brown)" and "going to $7.3K first and down to HELL(blue)" (Of course, I do...
There are 2 possible count Brown (Normal, Solid) : going down to $6,400 first from now, and might go up till $7,100 We count $5,780 as end of wave (ii) Purple (Scam movement which I suggest :D) : going to $7,310 directly within 24 hrs We do count $5,780...
Yesterday, I get into the position in very worst spot. I could have give up and executed stop-loss, but I feel really weird. So, I keep scalping, adding more in my long at lower price... and look at the green candle (4hr), it turned to bullish hammer in just 40 sec just before the end. I convinced it is going up at least one time, and it did happen. However,...
I just get up and see what is going on last night(I am in UCT+9 xD), they tried to form a descending triangle pattern but it "sprung in" triangle, broke up, and got supported now The price $6,261 is very interesting. I don`t like main count in this posting, but that is my last hope. I wish it gets rejected at $6,700. If we don`t, let me show you what can...
Long Entry : $6,265- Stop Loss : $6,172- Target 1: $6,350 Target 2: $6,730 If it break up channel, than hold it till #TP2 It might go to the #tp2, without get me into bus But, I think I need to be more conservative in this market I will absolutely prepare sick long if it goes down to Blue line($5,959) Current : No position Balance : 0.2000XBT