I have never seen a chart that has so many technicals .First this has a trending down channel with ckearly defined eliot wave patern starting leg three. we broke through support at 13200 and a trend line witch now becomes resistance, new trendline support is blue trend line.somwhere around 9200 depending on when it gets there. But I anticipate a push to 14750 and a completion of the 4th leg of the Eliot wave patern first. At that point I se a change in sentiment and a up trend to new hights above 20 k Please if you like the Idea like my post and share I'm trying to build a following and share Ideas with like minded people.
Eliotwave
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It's a bullish and bearsh up and down to the final destination 7.32 USD
but if you want to keep on holding it it's all so okey.
first support 1.77 stoplost at 1.30
second support 3 USD stop lost at 2.45
Third supoort 4.17 stop lost at 3.30 final detination 7.32
THE REAL BITCOIN PATH IS HERE - DON'T MISS OUTHello! I saw a lot of charts charted, i'm just gonna stick to the old Eliot fashion wave style and proove you that bitcoin is going up and only up from now, no 9k,8k dips and shit. It finally reached and completed the final E wave of the ABCDE wave correction and it made first new Eliot wave, currently looking to pullback and test the fib levels to complete the 2nd wave, after that the big 3rd wave may blow us away back to the 13k zones. Bitcoin is going up only from now, easy trade position from here 2.5 risk/reward ratio, if it confirms my path. And this is only short-term trade. For the long term we will open a position, once it confirms my path
Buy-in zone :
Everything between - 10 800 - 11 400 area
Stop Loss: - 10 391
Target 1: - 12 508 fib lines take half leave half
Target 2: - 14 334 - correciton will happen after 5th wave is finished - take other half, re-buy on the dip
Trade open a : 11300
Do you want to double your money or even triple them? Come in!Hello, I saw this magnificently played technical coin named PoE (PoeT) which si having a bunch of announcements coming in, still very manipulated by btc's volatility BUT played perfectly from the algos on the market. Currently in correction 2nd wave of Eliot looking for a bottom. If it doesnt break out the fib line, open a long position with stop loss, under the 618 fib line. Easy 3+ risk/reward ratio. As always do your own research and check the coin on coinmarketcap. Happy trading Targets on chart
HINT: The arrow under the fib retarcement shows that we may retrace to the lower support zone, so be careful and OPEN your long position only after the bounce from the fib retracement level (either of both).
STRAT/BTC - A beautiful double bottom to take us in to the sky.Hello guys, stratis/bitcoin is the one which got my attention, forming a double bottom on the bitcoin crash last few days, also they are starting up 2 icos till the end of the month, currently hovering around the fibs, i am opening a mid-term position which you can see on the chart. Stop loss and targets written.
Happy trading
GBPNZD LONG In the GBPNZD we are having the same circumstance as in the other todays analyses, it is ending a correction movement inside an upward rally, it touched the 150 WMA and found a historic support coinciding with the 38% - %50% levels of fibonacci. I drew trend line (Orange line) and it was crossed so I am inside with:
- Partial Close 1.9740
- Stop Loss 1.8590
- Last partial close, moving the stop loss.
Remember:
Always move your stop loss, You Never should convert a Winning position into a lossing position
NZDCAD SHORTWith the NZDCAD we have the reverse situation as I writed in the EURAUD analysis , it is in an downward rally, is inside correction and is finding an historic support area coinciding with fibonacci level of 38% and is touching the 300 WMA. It could be a signal showing the end of the correction.
I draw a trend line (Orange line) and if it is crossed downward and the 150 WMA (Green) is crossed too, I'll open a sell order with:
- Partial close 0.8710
- Stop loss 0.9260.
- Last partial close, moving the stop loss.
Remember:
You Never should convert a Winning position into a lossing position
NEBL/BTC - NEBLIO, what a strange name to take big profits fromHello, ladies and gentleman! I am offering to you a good to grab hot new coin with very little circulation amount of roughly 12M coins in it's early phase. You can read more about the product on coinmarketcap as I am not here to advertise them, but to help you win money from them. currently sitting at 245k sats around the 50-fib level, after correcting from today's previous run, I think we are ready to hit Eliot Wave number 3 from the small waves and Eliot wave number 5, which if it goes beyon the previous ATH will complete the BIG wave number 3 as you can see on the 1D chart. I am giving you a 2.5 risk/ratio with stop loss at the 618 fib level.
Entry (buy-in) zone : Preferrably around 235k sats (618 fib) but anything under 250k sats is good
TP1: - First profit taking will be at from 330k to 340k sats where there will be a resistance at the fib level
TP2: - Second target - 400k sats
TP3: - Last target - New ATH to finish wave 3 of the big cycles.
Trade open at : 243k sats.
Happy trading!
Bitcoin Cash - The launch is around the corner?Most of the top ALTs has seen extreme gains these past weeks, coins that even has no value has increased in value.
Bitcoin is fighting bears on daily basis and having problems around the 17,500$ mark. Bitcoin Cash has been setting higher lows these past days, and enter levels are becoming more expensive. I think getting in on a position around 2500-2660$ mark is wise, if we see another dip we should use that into our advantage.
Its been over 3 weeks since the last run of BCH. from 1800 to 4000. I think we can reach a new ATH in just days or weeks. All depends on the marked. I have been noticing HUGE orders of BCH 2-3 times daily on Bitfinex, the big boys are getting ready for something.
Just a heads up,
BTW: Im not a professional, but i look at charts often and am a coder. Bitcoin Cash has a good future.
This is not trading advice, please do research before investing.
IF YOU LIKE MY IDEA. PLEASE SHARE A LIKE MY FRIEND!
Approaching minor Impulse Wave finalLooks like pretty straight forward Eliott Impulse Wave started on December 30 is approaching it's final point right now with target 16300-16400 on 61.80% Fibonacci resistance level. I think we can expect relatively minor correction then and will see if we can brake the trend line on 13800 around January 8.
Is BTS out of disparate phase?POLONIEX:BTSUSD
Is BTS out of the disparate phase? it looks like going up fast and furious, will see.
There is a tone of resistance ahead, huge ichimoke cloud so could be a new beginning if it can pass through it.
I'm not very optimistic on the price so I think .35c would be good for starter, I'm glad when I'm wrong on price, I might very well be wrong on this one.
The time will tell.
LMC; Elliot wave 3 incomingLMC has completed an Elliott Wave,
It's priming up for wave 3, the long and strong one.
Where Bitcoin Might be Heading next.-I feel it is necessary to state that i am still watching for that move to 5082 USD level and higher, but this chart shows you what could be brewing in the oven as well to help get prepared as "Time in the markets is way better than Timing the markets".
-I would expect this Eliot wave to complete so we could get to the full business of things. Now this is not a prediction of the top but merely a diagrammatic idea of what could happen.
-A consolidation might also dome in play if we see the 20 day and 50 day EMA flatten out at this point, before the markets finally decide if to complete or not.
P.S. This is a market where news amd sentiment plays a strong role and to ignore those is a plan to disaster. So i would advice to do your own research and understand the news and sentiment and see why i thing The hard fork coming up might cause the markets to hold up and trend higher.
BTCUSD to the moon!The market seems very bullish. Bitcoin Gold fork coming 25.10.2017 which would take over hashrate of ETH (especially when ETH switches to "Proof of Stake" one day). Idea of bitcoin gold seems interesting as this fork would get coin independent of ASIC hardware providers (China - Bitmain).
Bitcoin SegWit2x fork coming - seems we will get extra coins as both tokens would be present in stocks: BTC and B2X.
Additionally when going long with BTC on bitfinex before fork it seems you will get automagically B2X coins - this might produce large demand for longs.
Elliott wave from Cycle to intermediate on BLDP HelpHi chartists,
I drew a full Eliott wave on the long term chart on BLDP, the big Cycle waves can be seen here:
we are in Cycle wave III now.
of this Cycle wave III, here are the 5 Primary waves:
we are in the last Primary wave 5.
On the hourly chart of Primary wave 5, are the Intermediate waves be zoomed in here:
And here on the intermediate wave level i am stuck, it does not look as I counted wrong.
But have the strongest idea this will go higher.
Solutions:
1) wave 1,2 & 3 gets merged in to wave 1, wave 4 becomes wave 2, but then the problem is that wave 3 is to short.
Solution here would mean wave 3 is an extended wave with an other 5 waves within. as here drawn:
only the 3rd wave within is very long in time compare to the other waves.
2) wave 5 is here the extended wave, but again, wave 3 within is very long in time compare to the other waves.
What is your opinion? Any other wave count possible?
Is there a point that an extension is not possible any more due to the long time frame it continiues flat?
thanks