ELLIOT WAVE ANALYSIS... WAVE 3 INCOMING.. YA TU SABE PAPI
AYO ELF BOTTOMED TF OUT.. SIGNALING PERFECT BUY SIGNAL... STILL.... WE'RE RIGHT AT TREND LINE (PURPLE LINE) IF IT BREACHES SUPPORT RIP. EITHER WAY I THINK THIS COIN HAS POTENTIAL IN THE LONG RUN AND WILL RETURN TO ITS PREVIOUS HIGH WITHIN 1.5 MONTHS IF IT MAINTAINS ITS CUP AND HANDLE FORMATION.
LITTLE REJECTION FROM THE CLOUD TO CHILL OUT THE RSI... SUPPORT NICELY ESTABLISHED TIME TO RETEST PREVIOUS HIGH AND TRY AND PENETRATE NEW FIB.
just some thoughts cont.
we're bouncing on the four hour clouse that mathces with the diagonal fib. we're bottomed out on the rsi and we got news coming on the 24th. rumored main-net. im feeling bullish as we try and test that .75 and .618 fib levels. The ao is a bit conferning and volume seems to be tapering off. both of these make me think we may see a some slight updwards consolidation.
FUCK ALL IM SEEING ARE BULLS. NICE LITTLE CONSOLIDATION FORMING. RSI CLOSE TO BOTTOM AO ON THE COME-UP WE'RE GOING TO TEST NEW AREAS AROUND .021 Q TU DISE
what do we got here. we got rejected off a fib and it corresponded nicely with our 9 candles. the rsi is bottomed out and ao is on the downside. i can see a wave 3 forming and taking us up to the red circle.
divergence between price and AO // decreasing volume // price "coiling" // testing upper resistance // TD on the four hour mad af // waiting for bearish rising wedge confirmation. my shorts are open
eth getting a a little winded, AO too damn high. RSI soaring, and the clouds are thinning out. we're past our 9 on the TD and we just hit the top of the .75 fib, but licked the higher fib line with our wick. im expecting a bit of rejection, let everything cool down a bit. im not much of a shorter, but im setting buyins around 385 to 390.
ada on the 9's could find support on the 50 percent fib, but could go back down to established support circa 61.8% (343 sats)before riding u upwards into the 400s
on the 9's stoch topped AO close to double top potential short term bearish divergence "Class C" resistance at 23.6% percent fib i have set my buys all the way down to from 72.27 to 68.65
Why am i always feeling bullish? GRS been cooling steady rising around the .25 fib channel I think we'll see some small dips and steady sideways rises along the .25 fib as people get their sells off // once we get enough fuel i think well test the .3852 fib im long on GRS.
cdn.discordapp.com after lookin at this chart for a while and after refusing to give into those murmurs from the back of my mind thatve been whipering "sell it, sell it" for a bit of time now. i think this chart art is long overdue. On this weekly chart, we can see that we're at number 8 on our TD sequencer, we've had three higher peaks in the AO. RSI has been...
www.forexabode.com Eth seemed to make an elliot wave upwards and now going through an ABC correction. i bought through 350's and am feeling rekt. considering shorting to make some bread up, and buying around the 320 area.
look at the arrows on the rsi. notice the seperation between the rsi and stoch rsi look at price, notice we had just broken through a fib look at AO, same time, in both instances. and it lead to a massive pump fuck with me.