cryptcowboy

cryptcowboy Updated 

BTCUSD wave ((3)) does not appear complete just yet. A slight pause before the next leg higher. see my latest you tube video ,link in bio.

cryptcowboy Updated 

Either from current levels or slightly lower I continue to look for bitcoin to march higher in the higher degree 3rd wave. With only 3 waves of the highs so far , the move is corrective up to this point. A 5 wave decline is necessary to entertain a deeper 2nd wave correction. 11,135 is key to this approach as a move above will start to dismiss a more aggressive...

cryptcowboy

Wave analysis on DAGBTC.

cryptcowboy Updated 

A 5th wave lower would complete the larger abc pattern for a 2nd wave. The next move in 3rd should take us above the 360 level but not in a straight line of course. A break of 82 level would nullify this count.

cryptcowboy

Are we reaching a top in the Gold market ? Keep an eye on those bonds and interest rate values. I just posted a new YT video on macro themes, links below !

cryptcowboy Updated 

Been a while since my previous update in dec 20th where we were looking at the increased probability that the correction would be over at that 6500 low. Since then the market developed impulsively and broke thru the top channel resistance which was one of the requirements in considering the correction completed : quote "As I was mentioning plenty of times before,...

10:01

cryptcowboy

In this video I am decomposing the longer term view in bitcoin along with the near term outlook. Pls leave feed back below and maybe a thumbs up if you enjoyed it !

cryptcowboy

Quite a run in ethereum this month but things are starting to look good for the bulls overall. We have the 1st indication that we are embarking in the larger 3rd wave advance that should take way above the previous 360 levels onto 500 and possibly more . The initial phase of the move could be close to completion possibly after a small 4th wave pullback and another...

cryptcowboy

Triangles provide great opportunities when it comes to solid trade setups. Such a setup presented itself in the IOTA market. There are ways to properly trade these setups with correct risk reward levels and without increased stress levels. I have just recorded a 10 min video on how to do it , so pls check the YT link below the chart for advanced explanations.

cryptcowboy Updated 

Bitcoin broke decisively thru the top of the down-sloped corrective channel that we were watching and waiting to complete for several months. This would be an indication of the next leg higher in bitcoin most likely above 20k all time highs. The patterns should be unfolding impulsively but with the proper corrections. We seem to be now in the initial stages of...

cryptcowboy

Watching for the development of a 4th wave triangle as part of the larger wave 1 impulsive structure . Wave A should be in progress and close to completion around 8150 zone. 7700 needs to stay alive for the overall count to remain valid.

cryptcowboy

The futures chart suggests we are very close to be breaking out of a 4 year consolidation ( in this case barrier triangle ) in the price of Yen. This move should last aprox 2 years ( i am looking for wave equality of C vs A) , which looking at the macro global picture means that we should be getting ready for a period of strong risk averse sentiment , turbulent...

cryptcowboy Updated 

Flat corrective pattern. There is an opportunity coming into the pot stocks and I like CGC . Clear abc pullback pattern that would be good for a meaningful rise upon completion of this final 5th wave. A move higher into 5 waves preferably above 23.80 would bring additional confirmation of a bottom.

cryptcowboy

Bitcoin has really good potential here. The monthly line charts show upcoming price aggression way above 20k. I have recorded a brand new 20 min video where I go in depth thru the analysis. Pls check the YT link below. Thanks !

cryptcowboy Updated 

Platinum has a good chance a breaking out here in what would be a 3rd wave , following a leading diagonal in wave 1 and pullback in 2. 1200 zone would be some initial targets.

cryptcowboy Updated 

The corrective pattern in Silver is coming close to completion and i am looking for a rise up into the 18-19 zone as targets. This is either a leading diagonal in wave 1 that needs a second wave rally , or a 4th wave correction that will need the 5th wave rally. Buckle UP.

cryptcowboy Updated 

Bitcoin continues to search for an ending to this 6 month corrective pattern as it slides along inside a pretty clearly defined corrective channel. For the ellioticians out there , this is what a complex combinations does and calling the end of it can have us all fooled many times over. As I was mentioning plenty of times before, a clear rise out of the channel...

cryptcowboy

Oil has reached .786 of wave X thru some corrective, overlapping structures. I like the opportunity it provides here , using wave X high as risk control. If this is indeed a wave B , a C wave decline should start not far from current levels.