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EW

Bitcoin 2h bullish EW possibility Watching this upward channel counting a potential 1 - 2 EW Identifying the bull/bear cycles if $5900 fails this count would be invalidated If we get a impulsive 3 wave here that would be a really good sign bots seem to be accumulating right now thinking bullish because everytime we get a panic wick down we see buying pressure come back in full force so this leads me to believe whales are expecting a breakout.. will keep you updated if wavecount fails stay profitable out there!
BITFINEX:BTCUSDLong
by High_Altitude_Investing
9
XRP bullish EW viewAfter a larger cycle WXY correction, ripple could be starting a new bull cycle here. However it is possible that the current rally is a X wave (Correction wave in a trend), which consists out of a three wave cycle. If you look at the previous X wave rally that happened in april you can see roughly the same pattern. And look where that ended up going... Interestingly, one big difference is that the current rally was preceded by a large dubbel bottom. This is a bullish signal on the larger timeframe, and could indicate the larger WXY correction is ending. This is usually followed by atleast 1 bullish cycle leading to aproximately ATH (1.618 - 2.618 ext. wave 1). So, since we could now potentially be in wave 1 of a bullish cycle, we start looking for possible bounce zones for what should be wave 2. A common retrace point for W2 is the previous structure high (so high of the dubbel bottom) at .375. This level happens to roughly confluence with the 85% correction of wave 1. If price doesn't bounce here and breaches the red zone the bullish count stays valid until newer lows are formed, but bear in mind that it is likely that breaking the zone will increase the likelihood of bear trend continuation.
BITFINEX:XRPUSDLong
by RegideTrader
Bitcoin - Welcome to Bull Town wave countHi guys , i had to review my wave count after this strong bull run we had , it has impulsive look and it didnt break the low yet showing divergences. I believe thats the first leg of bull market , invalidation level is the red line , any ticker below the last low around 5.800 zone would invalidate this count. Possible however remains the triangle X (green) scenario which would give us a corrective bullish pullback wave B with the A already being unfolded and the C leg downside remains. However crypto is close or has already ended the so known "bear market of 2018". Goodluck!
BITFINEX:BTCUSDLong
by crikz
9
XAUUSD - Last breath before the fallhey guys , i was reviewing my count on gold lately since the failed triangle idea i posted earlier , i was expecting a bullish impulse C wave but it didnt look right. After some time i found out what's going on , we got a consolidation Wave B in triangle Formation on Intermediate Degree , with one swing left inside. I expect a bullish move to complete the last wave then a strong impulse downwards to complete the ABC corrective sequence. Price action diverges from the oscillator signaling something going on there , i believe this is it. Goodluck!
FX:XAUUSDShort
by crikz
2
Ethereum Close to Resuming Bull TrendPer my previous post on Bitcoin below, Ethereum is also getting close to a bottom as a wave 4 of larger super cycle wave 1. Wave (3) hit the 1.382 log fibonacci level of wave (1) almost to the tee around $1400, a frequent level for 3rd waves when wave 2 is shallow. i.e. doesn't hit the 61.8% retracement of wave 1, as was the case with ETH. My current expectation is that ETH has one more move down to go to end the present bear market. The ideal target is somewhere between $170-190 at the 38.2% log fib retracement of the full wave (3) before resuming the uptrend in a wave (5) which should hit as a minimum the 1.764 log fib level at around $6500. Should ETH drop below this range, we could see it drop to the $90-130 region, but that is not my expectation at the moment.
by Eboard10
2
Cycle Complete, ABC Correction LoomsToday I bring you somber news crypto nation, Bitcoin 0.33% has officially completed a 5 wave elliot cycle and now must, much like the prodigal son, return home for a needed rest and by rest I mean an ABC elliot wave correction. According to what I was able to find on stockcharts.com typically an ABC terminates around the end of previous wave 4, note this is typical behavior but by no means assured. The end of the 5 wave cycle hypothesis is strengthened when coupled with the formation of and breakdown from a rising wedge (I will zoom in so you can see the breakdown clearer in an update). I will be sure and update this chart while using it as my primary macro analysis base but will continue to publish new ideas with a look at more immidiete price action. As always, please leave ANY AND ALL comments below and thank you for taking the time to study my chart. All the best, Red Boar
BNC:BLXShort
by TEXAGG22
15