Looks like we are in a nearly completed C wave for alts if this bullish counts hold. Lets BTC also is looking almost reaching the bottom for the bullish case in the short term. I expect alts to bounce hard if BTC starts its next relief leg up to 38k
Approaching end of wave A of the overall retracement, I will buy it at 0.65 with strict stop loss and take profit as shown I also have a limit order placed for the expected end of wave C Updated Counts
EOS has been accumulating after finishing up wave 1 and wave 2 from the previous run according to my count. It's been range bound in the bottom of the accumulation region. Smaller time frame counts are visible on this screenshot, attempting to scalp wave 3 of 1 of potentially 3 (EW fanobois will understand) lets see how it goes. I also see divergences on RSI on...
Running wave 4, Prepping for wave 5
Looks like its a good entry point for me, I ll be cautious around the first take profit target and look at how the subwaves play out along with how ethbtc is doing.
USD CAD Good chance to reverse RSI Is on support area as well. Price has tested this area and reversed twice already. Price looks like its in a falling wedge structure. Don't enter without confirmation of reversal Wait for price to give way before getting on the move
Dont like picking tops but there are dangerous signs in my opinion so proceed with caution and DYOR Here is a chart of altcap and what i think is going to play out. Finishing up wave 1 , Heading to wave 2 Bearish Divergence on daily, Count seems to be correct and head and shoulders starting to form on the lower time frame. I do this exercise purely for...
Eth Count Wave 5 of 3 is completed according to me, Looking for an A->B->C down move. Short in the short term Long soon at the last support. DYOR Lets see if it works out :)