The wave we traced is defined as A=680 B=1920 C=1044 Therefore, our targets if Au makes a new all time high are: N=2284 V=2796 E=3160 with a projected resistance at: NT=1408 You can see we are well above the projected resistance, now gold only needs to continue its climb and make a new all time high in order for these targets to be in play. I will make a...
I did a flow-up on bullish scenario of EUR/USD on daily. There is a time cycle. It seems there is always 7 bars from high to the next high (Taito Suchi). The next high could be on the fourth of may. I also applied price theorie according to V, N and E calculations. In bullish scenario price could hit V, N OR E. Be aware that im still learning to master time and...
A major obstacle to widespread adoption of Bitcoin is the processing power bottleneck. Bitcoin transactions are enormously complex and require a tremendous amount of computing power. As a result, the Bitcoin network has a lot less capacity than competing electronic payment technologies. The Bitcoin network can currently process about 7 transactions per second,...
We have traced wave ABC and and it gives us targets N=1752 V=1684 E=1796 NT=1708. We have just breached B heading upwards so they are currently in play
This is similar to most of my other posts. We have breached B, meaning the targets listed are in play. We are approaching NT, our first projected resistance level. It should also be noted we are near a recent ichi number. Refer to my long term post linked to see the other ones.
With the anaemic volume leading to the open of CME futures, the charts looked read to roll over once trading started. Following the open of CME futures we saw BTC go through a period of correction (1 to 1.382 time frame). I think between the 1.382 and 1.618 we will be seeing a period of consolidation after a move upwards. The Tenkan and Kijun span shows a big...
You know the drill. ETH is showing some compelling price action. E target is putting eth above 1k. 900s is to be expected. These targets are already confirmed and we are flirting with NT as we speak. However we are not out of the danger zone quite yet. Hold on to your loins. ETH is in for an exciting ride.
Trade setup is as usual. Check the targets on the chart. Above. We have experienced an impulse. It has driven LTC above 1hr kumo supports. The t-k lines are breaking bull and both heading upwards. Chikou span struggling with the kumo barrier it is in. Above. The impulse has pushed the price up and out of the kumo and well above the t-k lines, which are currently...
Chart is self explanatory. If we breach B with confidence we are likely to hit the projected targets. E target seems overly optimistic but again, this wave looks like an E wave. Trade with caution and best of luck.
Chart is self explanatory. If you are don't believe the bounce and are feeling bearish, here we have a game plan.
Chart is self explanatory. ETH exited its bear cycle 2 weeks ago. Possible local double top at ~348-349 can be expected. If we Breach this high with any confidence we will almost certainly at minimum hit our previous ATH at just around 420. If the bulls manage to maintain control past that point, ~495 is well within reach.
Ichimoku number theory suggests that something significant may be about to occur at this moment in time. We should be on the look out for impulsive price movement. This is suggested by the candle/bar counts present on my chart. Keeping this in mind, we can see from our cloud visuals that we attempted to beak up out of the kumo and may have failed. This occurred...