


feeench
$DGBBTC $DGB $BTC - Investor call (The call I should have shared from the beginning) - Accumulate between 100-130, Targets 240, 412. Current price is 119. No stop loss! (Absolute bottom is calculated at 70 ie. BTC shoots past $10k and $DGBUSD hits all time low) DGB has held up well over the past 6 months. Will be a good hedge in the short term.
$STRATBTC $STRAT $BTC - Investor call - Accumulate between 32000-42000, Stop loss 21000. Targets 80000, 120000. STRAT has held up well over the past 6 months. Will be a good hedge in the short term.
We may not be done yet.... Overall I feel more bearish than not but BTC has managed to impress me time and time again. Linked is the Subwave 5 Analysis which played out nicely. You can see Elliot Channel interaction there, and we practically hit the third target! Crazy! What has more power? The Subwave, or the Larger Wave it lives inside? I am not sure.
Elliot Wave Theory Analysis of Ethereum! Spent lots of time playing with other levels here... I feel these levels fit best. I explain a couple reasons as to why I believe so within the chart... Wave 3 Targets: Target 1 - $644.11 <-- Likely Target 2 - $1039.11 Target 3 - $1692.44 I include highly speculative Wave 4 down targets and Wave 5 targets as well. Will...
We need a larger correction if Elliot Wave Theory is going to fit. Down targets for Elliot Wave are roughly $4300 and $3500. (0.5 and 0.618 retrace since ~$700) If the Head and Shoulders plays out, it's calculated down target looks to be below $4300. In the long term, I suspect $4300 a good buy in price should all of this play out. To err on the safe side, I'll...
Most of the information is on the chart! If we make a new all time high, the chart is invalid. Down targets: Target 1: $4,329 Target 2: $3,483 Be careful for large overall A-B-C movement while until we hit one of the targets! Minimum next up target in my eyes after retrace: ~$12,000!
Worked with Bitstamp chart tonight to find starting point of $680. Wave 2 - 0.5 retrace. Wave 3 - 1.618 extension of Wave 1 + overshoot Wave 4 - Went past 0.5 max allowable retrace. Wave 5 - (Tricky) From 0.5 max Wave 4 retrace, we get interaction at target $7126. Included the Wave 4 absolute bottom as well to cover all bases. Wave 5 subwave chart is linked for...
I have Elliot Wave 5 Extensions on chart, as well as Elliot Channel. Segwit2x will occur somewhere in yellow area. Let's watch. Reply and let me know where you think price will go!
I've been working a lot more with Elliot Wave theory today. Before now I wasn't happy with how I drew targets for top of Wave 5, but I've now got it figured out. My issue was transferring the length of Wave 1 to the bottom of Wave 4... I can't recall how I was doing this before but it was definitely wrong. Pro-tip: Ctrl-Drag objects to clone them. :D With this...
Quickfire calls are straight off my cuff, pick out the good ones to trade for yourself!
Quickfire calls are straight off my cuff, pick out the good ones to trade for yourself!
Quickfire calls are straight off my cuff, pick out the good ones to trade for yourself!
Quickfire calls are straight off my cuff, pick out the good ones to trade for yourself!
Quickfire calls are straight off my cuff, pick out the good ones to trade for yourself!
Quickfire calls are straight off my cuff, pick out the good ones to trade for yourself!
Quickfire calls are straight off my cuff, pick out the good ones to trade for yourself!
Using linear scaling I believe we are in a large Wave 2 correction now. If we create a new All Time High before we fall, chart is invalid. Possible retracements are shown as buy zone. Speculative target of 2.618 fib extension of Wave 1 for now.
I see little reason not to assume we are in Sub Wave 5 now. We can now apply the Elliot Channel Technique to target our next peak. This is a channel that is drawn from the bottom of Wave 2 and Wave 4, and in this case parallel with the top of Wave 1 due to Wave 3 being extended. The thick yellow line @ $6920 is our 2.618 fib from our larger impulse wave, this is...