Zooming out we had a long uptrend. It's time to cool down now. Ichimoku signals are weak so a risky trade for a better entry. 1. Price touched top of the uptrending channel. Seeing small candle bodies with both top and bottom shadows is an indication of the pump losing steam in regards to heikin ashi. 2. Already a rejection of the supply zone above the...
In the extension of my Bitcoin / Altcoin general view: Stellar looks to have finished its ABC correction. Will consolidate here for a while for some accumulation. The fib. time zone overlay + horizontal fib. indicate (just like on the other blue chips) that around 9/10th of jan a pump of at least 40% is to be expected. If the 'full' alt rally cycle will be...
BTC warming up for the dump to around 3500 dollars, that would complete the C wave. Beginning of jan I see a turning point happening for BTC aswell as the whole altcoin market. - Short BTC (now) to 3500 - Long BTC from 3500 - Long Big caps around 9th of jan - Short Big caps around 21th of feb (possible end of bullrun) ETH showing alot of strength here (price...
Seeing a nice short opportunity for Tesla here. Elliot waves suggesting a 3rd wave down to the possible C target. Chances for a flat corrective wave B are realistic, but unlikely if looking at Ichimoku, which is still very bearish. If this does however turn out to be a flat corrective wave B, short entry would be at top resistance of the channel. My first idea,...