Hello Traders, Neo is currently correcting it's recent upswing and right now could be a very good time for a long position on NEO. While consolidating inside of a bull flag after being rejected on the 1618 extension of the recent downswing, volume has been steadily declining while being high in the flagpole, which is what we want to see in a bull flag. The 786...
as we see Faniant is been detected , we wait until he cross the trend line from up Good Luck
We can see a lot of people are undecided about what the market direction will be for next days. We still in bearish mode for bitcoin, but this is not a reason to private our-self making some profit by navigating between waves. I see a bearish (sym) triangle, and a possible target to 7200-7400 by going to C wave Entered 6950 SL 6900 TP wait for update
Ripple has gone through a complete 8 wave cycle. Looking up to the next higher degree, this 8 waves conform into either a Waves 1 and 2 or Waves A and B. This leaves room to assume that the next movement, however it should play out, will form a wave 3 or C. This push will most definetly take prices over, or atleast on the edge, of the historic High. At this...
We are looking for a buy on Verge with our first take profit at the 0.4000 Region. Price may continue to correct into the weekend or we may get an impulse to end this correction. Do not miss this investment.
This is a probabilty that at the moment allows for a very good Risk/Reward Ratio. If it were to be succesful and you took it, enjoy profits.
This is about to get lit. Happy Holidays, Happy trading.
Ripple/USD made new all time highs this week. This happened just before it went all the way down to the level of its previous fourth wave. This helps as ad indication that the current fourth wave could be over and what we would be having next would be new All Time Highs with the Current fifth. Also it helps to see the divergence in the MACD which confirms that our...
In the past ive uploaded some wave counts that where not completly examined. For future reference, this should be the one to take into acount.
The Chart show a 4th way should be in progress.
It appears the B wave of the zig-zag has terminated. The structure the B wave formed is a zig-zag. We should see now que continuation of the C wave the should be on its progress should find its bottom around the blue zone.
Verge should correct and find a resistance after the end of the 4th wave. That is where I am looking to buy. Happy Trading :)
Bitcoin may be exhibiting the traits of the rare expanded flat. If it should happen to be the case, bitcoin should drop below 12k. Happy Trading.
Ripple will finish correcting his upward movement around the zone of 0.55 USD after which we can look for bullish setups to enter a buy.
We have seen multiple extensions in what appears to be a wave 3 advance. We should have a 4th wave correction on its way anytime now. I am expecting this for wave to hit its bottom around the 600 mark, after which we can start looking for buy setups. Happy trading.
We are looking for at least another retest at the lows, posibly go even lower which gives us great buying opprtunity.
There seems to be a strong indication that if bitcoin breaks the floor its currently on it may drop at least 4k from current price action.