I think I am not the only person on the site expecting some kind of big correction. It's in the air but nobody can really say when and at what price. -I am interested in that upper channel line. It interest me because of that last big correction. -$8500 is also another area that is of interest because it is a round # and we know what tends to happen with...
- If my count is correct then this should be the last BTCUSD wave before a large move down. - Please review my previous post to have a better understanding of how this came about.
Looks like this is it for now on BTCUSD. It looks to have completed a Primary 5 wave cycle with an Ending Diagonal Triangle Pattern. Let me know what you think in the comments.
Looks like Bitcoin is currently 5th Waving. (Move up with little to no correction) I will not try to guess when the correction will happen. But if anyone has Ideas put them in the comments.
I think we are in the middle of a Wave 4 (red) Correction. If this does happen I think the result could be a bottom at $5100 or $4800. Be sure to look at my previous Bitcoin ideas so you have an understanding of how I came to this. Lets see what happens. Thank you.
I am not trying to guess the top here. Just outlining what I see on the chart. We finished that triangle formation now it seems we are headed higher to complete W5.
- I think the top for that 3rd wave has been put in. - There could possibly be a sharp looking move towards the $5150 or $5000 area. - Look through my past ideas to see what made me come to this. *If you guys received any type of value from my analysis Like&Follow! If you have any charts you would like to post please do so! Thanks.
If you thought my last post was crazy.. This might be crazier. If this plays out BTCUSD might be back at $3900. Please let me know what you think of this. Last Post: If you guys received any type of value from my analysis Like&Follow! If you have any charts you would like to post please do so! Thanks.
BTCUSD at an important area (Upper End of Channel). There are a lot of pinbars foming. But it is also creating a flag pattern. Which will it be?
I will be in dips on BTCUSD . My reasoning on why is on the chart ( Speech Bubbles ). If you guys received any type of value from my analysis Like&Follow! If you have any charts you would like to post please do so! Thanks.
I think the Corrective phase on BTCUSD is over, and we are currently in M-wave 3. (Long-Term View) I think BTCUSD might continue & bottom out creating an Irregular Flat Corrective pattern near $4000 - then continue. (Short-Term View) If you guys have charts you would like to provide for an alternate view on things I would appreciate it!
Check out these two moves on BTCUSD . The correlations between these are insanely accurate. This is beginning to look more bullish guys.
BTCUSD Just my thoughts on what could happen if these 5 Waves are over. The chart says it all (My Text Bubbles). Also, go back to my Idea just before this one for a broader view of what a move like this could mean. Feel free to agree or disagree in the comments - it will be appreciated. Thanks
GBPUSD Currently at resistance that was formed by the falling window on 06-24-16. A falling window is a gap down in the direction of the major trend. Look up Steve Nisons' work for more in depth info on candlesticks if interested. Anyway, GBPUSD seems to be rejecting that level for now. Any thoughts or insights would be appreciated!
BTCUSD Seems to be in a 3rd wave of a larger 3rd wave. Check out my view on things and feel free to leave your insights in the comments.
Despite all the news that came out on BTCUSD ; the overall Trend is still looking Bullish. The Trendlines starting the end of May + Fibonacci + VWAP is pointing towards strength, but there are still a few minor Road Bumps before we go higher on the lower time frame. I will be posting up lower TF charts.
Refer back to my daily idea on the USDCAD Holding Trendline support + Broke 55 EMA and currently holding nicely..
BTCUSD 5-Wave completion + Fib Clusters + Resistance Zone + Trendline Resistance = Good Odds Short? I would appreciate your insights in the comments.