Potential EW count. To possible scenarios with the possibility of breaking $1 and FOMO Taking over.
Potential Elliot Wave . First target 5.25 - 5.5. Second Target 6.00 - 6.50. Should stay within the Fib Channels.
Putting the post out with the intention of some ideas. Not sure what happened to this coin it had a heck of a bull run and obviously a serious serious correction. Not aware of any news and there is no rhyme or reason to this chart. Couldn't find any ideas on TV for this. Did San just die in popularity?
Very good bull run on he last set of impulse waves. Let’s see how the correction goes.
I don’t believe XRP will cross the previous ATH 0.21% bu is still a decent trade opportunity. Top chart includes fib, pennant and wave count. Setting SL below wave 1.
Two targets. Good consolidation inside pennant. Extended 3rd wave possibly. 1st target based off of pennant. Second target fib extension.
It looks like a descending triangle has formed on the 1 hour chart of YYW. Looking at the Fibonacci extension it looks like the 161.8 is around .57 and the Gann fan shows that we are still in the 1/2 section (Bullish). Please provide any constructive feedback on Gann fans. I do not know a lot about them but am experimenting.
Good afternoon. I am publishing the idea with the intention of receiving some feedback for the Gann Fans. I do not know much about these but it seems to be a powerful tool. I understand a 45 degree angle needs to drawn at the base however I am unsure where the 1/1 line needs to line up (top or bottom). Any feedback is greatly appreciated. We should see a Wave 3...
Possible pennant formation again. This also could be the 5th wave of a 1 hour elliot wave. Look for breakout. Target should be around $7 +.
It appears that the last rise to .83 and fall back to .74 invalidated the previous wave count making the first rise the first wave. Look at new chart.
Potential Elliot wave to $1 based off of fib retracements and extensions. This is just an idea and not trading advice. Invest at your own risk.....this is crypto!
With the recent BTC dump triggering the market as a whole to finally do a small correction, there should still be some good buys out there. Looking at ZEC it appears the next target should be in the mid 600's.
It looks like a correction has just finished of a previous 1 hour wave. I believe it will take two one hour wave cycles to complete wave 3 of the 4 hour chart (considering this is an extended wave). Please consider that some of these projections can overshoot. All of the fib retracements and extensions were drew at a conservative level. 161.8, 61.8 and 38.2....