High volume retest of the prior lows could act as spring if we get a pump on high volume. Positive Divergeance on the MACD and RSI on both the 4 hrly and the daily. We have a wave pattern forming on the MACD We need to hold support and retest the descending resistance line
Tenx had an extended wave 5. According to pretcher the retracement may go into the realm of wave 1 The rules are as follows the ladders are set and left. If targets are hit stop losses can be set to protect the profits of those ladders if analysis says more downwards movements is to come If the green line is hit any pump which makes all buy orders profitable...
Long term XRP has some great potential but wheres it gonna go, I dont have a clue. It is either an abcde or we're gonna get a zigzag who knows. I have set up the following buy ladders. The rules are as follows the ladders are set and left. If targets are hit stop losses can be set to protect the profits of those ladders if analysis says more downwards movements...
Bcc seems to be lagging behind the pack, Just like with omg and Neo its portraying the possible C terminal of a flat pattern . I have no clue if the b wave of the C is done however because of my experience with OMG coin I have a new strategy. I have a set of 20% ladders as buy orders and our small target is the 38% retracement, our big target is the 50%...
Sooo its here the fifth wave extension top that was called in my initial forecast on october the sixth Reassessing, I'm not saying that this is the top, but it could possibly be.T he major target of the expanded flat pattern is the 1.6 however we have hit the 1.4 which has good correlation to the 2.6 extension of wave 1 -> 3. In all seriousness 6200 to 7000 is...
Here is the bitcoin move we were expecting, but this pump was insane. To be honest I expected a correction to 4600 and has closed off 60% of my position -_-. I have just been counting the waves which match the form and fit of elliot the best. Thus I have been using my primary count to analyse bitcoin. The 40% of my position is donezo Im out for now waiting for a...
with the current information available this is my current count. I think overall neo might be in a zigzag and we are in the c of a major B wave
Soo this is my primary count for bitcoin, the macd looks bullish but it seems like we are a bit weak, and we have relatively nice form and fit, 2 was fast and 4 was long and prolonged. Though Elliot waves are up to discretion and to experience to discern, I have very little experience and have only really been buying in the bitcoin bullrun, they are a very good...
Sooo this seems to be the best structure for form and fit with related fib targest, keeping my stops to a bit above break even since 4 can go down to the top of wave 1 and there could be algo shakeouts, the reward is if we're right we're going to test the ATH maybe even smashing it to 6000 before another scary correction. Now is probably the time to stock up on...
This is a pattern I see alot in crypto land. This is probably the bigger one that we are in right now. This was the pattern I first traded in july when i first started learning how to trade and its giving me all the fond nostalgia memories lol. C can go much lower than little a, it can go all the way to the base of wave 1, so i will try to enter on the onset of an...
Looks like a zigzag followed by a flat. The question is. Is the flat done?? we have a nice terminal point. Maybe the impulse is completed and the wave 3 run up is gonna happen? or the flat is done and the traders are looking for newer better opportunities? IDK just interested in knowing what could happen next. my buys are at the breakout just in case
This probably makes more sense since I think the volume just isnt there for the alts and I dont think most alts will have a new cycle while bitcoins going down unless they are the marajuana coins which seem to be out of cycle with bitcoin. I like tenx and im gonna get some but I need to be realistic and I dont think it'll shoot to new highs. Maybe test them in the...