fueledbynicotine

fueledbynicotine

Resistance area approaching with potential indicator divergence

fueledbynicotine Updated 

I was having immense trouble figuring out whether this uptrend was a new bull wave or simply a bear retracement. It took me a while but switching pairs painted a clearer picture and we have an obnoxious Triple Three which adhered to previous B/X wave suppports/resistances. I believe this to be my final elliott wave count regarding this segment of the wave. I've...

fueledbynicotine Updated 

Funky correction but the numbers align. Most likely not an impulse leg up and a fake out before the final one.

fueledbynicotine

Demonstrated using strictly price action, I strongly believe we'll have a bounce at around $7.7 and we'll fail to break previous lows because of bullish pressure and lowering volumes.

fueledbynicotine

I've been experimenting with Pine script to make a support resistance indicator. Essentially, we have a positive divergence on the 45 minute chart with both finding support in my lower support bands. I'm expecting us to find with resistance in either the yellow or green band, preferably the yellow. We will probably fall short of $12 and then we're headed for a...

fueledbynicotine

We've still got a few twists and turned before we confirm the next major uptrend for Chainlink. Once we breech the Major Resistance Highlighted coinciding with the previous high around $20 with good volume, we're definitely in for a good couple months worth of an uptrend. The second major resistance highlighted may serve as an indicator to signal the end of the...

fueledbynicotine Updated 

Massive hidden bearish divergence on RSI. Potential completion of B wave in ABC correction (zig-zag or double three); might have another small leg up. Perfect 1:1 extension unlikely so consider 0.618 area. Target: ~$10,400

fueledbynicotine Updated 

My inaccurate labeling would've let to cutting short profits but I've accurately labelled the pivot high, without realizing it in my previous post. Elliott waves have been adjusted and it fits the criteria that I use. Looking at the one minute chart below, we can see a clearly demarcated ABC (possible zagzag as I can't use a smaller timeframe) pattern. Using this...

fueledbynicotine Updated 

Consider taking profit/shorting around $12,100

fueledbynicotine Updated 

Top at around this range to finish Impulse

fueledbynicotine

Be very caareful. We might experience a sudden dump to complete wave C

fueledbynicotine Updated 

Are we gonna reach there and turn on the 23rd June, 2020? I'm curious to find out!

fueledbynicotine

Simple price action and Fib circle analysis leads me to believe the top for this BTC halvening is around $100,000.

fueledbynicotine

We're going down boys.

fueledbynicotine Updated 

I have no concrete evidence to support this. Playing around with a few things.

fueledbynicotine Updated 

I think we might have a little lower to go a little lower before we finish the impulsive wave up. If this current level around $8,700 doesn't hold, I'm expecting us to reach around $8,000 around the 28th of this month before we start wave 5. If this truly is the end of wave 4 on the 26th, I expect the top to be around the $10,600-$11,000 area

fueledbynicotine Updated 

Been doing some experimenting with a few things I've learnt. I'm expecting something along these lines to happen. Excited to find out!

fueledbynicotine

When everyone was bull, I was never convinced long term. I'm still an amateur with no real investments but I've yet to be convinced we're bull. If we get rejected in the small red channel I've drawn and fail to find support along the green, I do believe we can free fall to a likely target $3,400. If it is breeched, I do believe $1900-$2200 is the absolute bottom....