Greetings Earthlings... Everyone is so excited about this recent bounce and thinks BTC is headed to the moon!!! Ummm be careful who you take advice from (including me). There is both a Science and an Art to this trading thing but mostly Science. However, the Art comes in by using previous knowledge/events in history to forecast future outcomes often referred...
48hrs or less till break out, likely next 24. Daily chart shows support by 200 MA at the base of the triangle further suggestion symmetric triangle will bounce North.
So this is not really TA but rather an observation. TRX seemingly is running the inverse of the previous price action as of early March. The blue rectangles marks the center line of the inverted price action. It is obvious that it is not going to be the Elliot Wave after the point did not retrace 100%. However, it did retrace pretty close. Corresponding...
This is an easy one. Symmetrical triangle targets a 25% gain. Combine this with LTCs current Impulse Elliot Wave trending bullish. Stop loss @ $200. Target 1 @ $250, Target 2 @ $265 and target 3 @ $275
Ladies and gents... BTC is stacking up with all the right indicators tipping but has not tipped towards a bullish run, at least not yet. Over the long haul, the daily chart speaks to us with the Elliot Wave Theory (EWT), Fib Retracement Levels and the largest active pattern on the board - the Inverted Head and Shoulders (H&S) all coming NSYNC and not the boy band...
Greeting and happy trading day or should I say happy holding day. If you are looking for an entry point, I will point out to you what the Elliot Wave theory is suggesting based on current Price Action. If you are already knee deep and sunk in, "hold on, change is coming, just hold on, everything will be alriiight" lol. All smiles today because we can see the...
Easy Breezy... Tron has waited a long time for this moment. TRX's All time low on Binance sits at .00000382 (noted by solid white line at the base of the chart). Current price action is finally making its way towards what we have all been waiting on. First, the recent spike followed by a rapid decline has started to reveal what is possibly the left shoulder and...
Greetings Friends! Yesterday's post was a bit premature. Looks like it was about 3 candlesticks premature. Wave 4 extended an addition 3 candlesticks thus slightly changing the values of the wave lengths but not significantly. However, what that did was change the trajectory of the vectors and ultimately shifting the timeline to the left. A more detailed...