NEOUSD - Long, looking at $10 as target, possibly $18 twitter.com
BTC is looking a bit weak at the moment. There is significant resistance around the 3600 region. As seen on the VPVR, there is considerable resistance above. Last HVN and area of support I can identify is the 3530-3550 region, which is where the 200 EMA sits on the 1H. Failure to hold these levels would probably bring a drop to the 786 level at low 34xx as seen in...
Bulls seem to be showing support. Bears are calling for a bart but tbh I dont see it. Significant levels to watch out for is the 3530 area, which looks like the last HVN on the VPVR. If bulls fail to hold this level, we will most likely visit 3415, or the .786 fib level as there is a significant gap or LVN.
Here is a full count of BTCUSD from the end of the last bear market to now. For more detailed analysis, you can check out my twitter for more information. twitter.com
$XBTUSD $BTCUSD almost finished the B leg of the overall ABC correction from the recent drop that took us from 6k to 3k. Currently one of two counts for me. Both of my counts has this move down as the B leg of the correction. This count has the move down as an ABC, with the C as an ending 3-3-3-3-3 diagonal. I'm expecting one more leg down into the 3200 region,...
$BTCUSD $XBTUSD is compressing for what looks to me like a larger move to the upside. My EW count has this entire move as a larger degree ABC correction from the drop from 6k to 3k. What we've seen for the past 3 weeks looks to me like a WXYXZ complex correction. I initially thought this was a WXY correction, but this latest sideways complex movement around...
$ETHUSD looks very similar to $BTCUSD. I am counting this as a WXY correction similar to btc and am expecting a completion of this move shortly. My buy area for ETH is somewhere between $95 - $110. As I'm not too sure about the exact location, I will refer to btc's completion of the WXY correction to determine an appropriate buy price. I believe you could also...
Looks to me like we are in a larger degree ABC correction from the drop at 6k. We've been channeling pretty well and forming several key fractals. I believe we are completing what looks to be the last leg of the WXY complex correction. My targets here are around 3350. 1:1 extension of the W:Y is around 3450. I am currently short, looking to take profit at this...
$VETUSD looks similar to the BTC Count. I believe the bottom is near. You can check out my xbtusd analysis for more information on how its playing out. I believe we are due for one more leg down before we start our approach up.
NEOUSD count looking really similar to BTC. Wave structure and fractals look about the same except for the bull rally to $10. My count has this as a WXY correction in an overall ABC correction from our last major drop. 1:1 extension of the W:Y would put us at ~$6.90. Preliminary target here, but will wait and watch how btc acts before making moves. TLDR: Short...