adolfoosthuizen

adolfoosthuizen

Overlayed the Dow Jones structure with the current Bitcoin. Sentiment is very negative. Always a strong buy indicator. Let's see. I just found this interesting.

adolfoosthuizen

DXY is losing momentum showing daily bearish divergence on the RSI & Stoc RSI. This could be a good time to long the pairs/usd.

adolfoosthuizen

Time for wave 5 withing the final larger wave 5. Using fractal from smaller (yellow) waves 1,2 & 3, we get a bit of a time target. Note my three targets for Btc on the pink lines. No, I don't believe Btc will see $100k this run. Historically, this is when Alt Season begins.

adolfoosthuizen Updated 

Eth pushing up against Btc. Target back to 7% of Btc value. 1 to 2 RR.

adolfoosthuizen Updated 

Gold breaking through trendline and monthly resistance. A lot of weekly resistance ahead, but the weak DXY is stirring investment in hedging. If you want to play it safe, look for the break of the upper trendline first. TP1- 1810 TP2 - 1940 DYOR - Not financial advise.

adolfoosthuizen

Completing an ABC bearish pattern inside a falling widening wedge. Below the weekly 21 Week MA Target $ 1559

adolfoosthuizen

Elliott Wave analysis indicates one final large push. We are currently bottoming. Fear is extreme and the FUD is everywhere. This just screams buy to me!

adolfoosthuizen Updated 

Btc remains overall Bullish. -Tesla earnings reporting today -Btc Halving tracker -Btc removed from exchanges -Market Fearful (Buy fear, sell greed) -etc,etc, etc If you want to play it conservative, wait for the neckline to be broken. Target $80k.

adolfoosthuizen Updated 

Descending widening wedge. Broke out, retesting. Look for a resumption off on the 4hr. Note TP 1 = 1:1 RR TP 2 = 1:2 RR

adolfoosthuizen Updated 

UniUsd: Broke out, retesting, when resumption off will equal roughly 30%. Target $45

adolfoosthuizen Updated 

EURUSD seems to have completed its Elliott Wave meeting strong support. A falling wedge has also formed within the ABC formation indicating a bullish formation. Target is 1.2. NOT FINANCIAL ADVISE. DYOR

adolfoosthuizen Updated 

Breaking out of the Triangle, if we don't fall back into the triangle, then I remain bullish. Target $2400

adolfoosthuizen Updated 

XRP is set for its third Elliot wave/leg (3) up to the 1.618 of the fib taken from the top of our last high to the bottom. Pretty soon we will start hearing fundamentals (narratives) change. "Show me the charts and I'll tell you the news" Bernard Baruch

adolfoosthuizen

Litecoin seems to finally be waking up. Bullish target of $290.

adolfoosthuizen Updated 

Using Elliot Wave theory, It seems we have completer wave 5 and starting the ABC trend down. My first TP would be 1.18.

adolfoosthuizen

Cup & Handle idea still holds. My target $72k.

adolfoosthuizen Updated 

BTC could find final support between the 0.618 & 0.786 FIB taken on the monthly bullish impulse. This concurs with the start length of the Triangle pattern. (See two white lines) I we go below $20k, then we could expect total market crash, but I highly doubt that as the fundamentals (large institutional investment) makes it unlikely. I will be looking for the...

adolfoosthuizen Updated 

Long back up tp 0.35 usd cents. Specifically to the 0.382 fib retracement taken on the weekly bearish impulse.