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Full Wave Count on BITCOIN (AKA BTC 100k in 2018)Firstly I should say that Bitcoin is on a major bull run as we all know! Many people have been trying to "CALL TOPS" and find the "END" to all of this (LOL) When we study the Elliott wave cycle and think in terms of continuation we start to get a bigger picture of whats really going on and you start to care much less about the "MINI corrections" (Corrections are small in Crypto compared to the bull runs ) So when I count my waves on bitcoin I see we are having a impulsive three wave to 30,000$ (maybe closer to 50k at top of 3 wave) then we should experience a correction sometime in march or April (ABC ON THE 3 wave making the 4 preparing for the 5 ) Once that correction is over in the spring we will see a impulsive 5 wave! & in my opinion this is where we will see the general public PANIC BUYING bitcoin all the way to 100,000$ per coin & this is when I will be selling lots of my bitcoins (let the cycle ride out then buy the panic on the ABC) People in the Crypto space need to learn how to ZOOM OUT on charts and see the big picture!! why? BUYING THE DIP is the only way to get a good risk to reward ratio!!!! I know it sounds crazy to think we would be trillions in market cap at the point but that's just the way HYPE cycles work . also stocks are bullish Crypto is bullish oil is bullish commodities are bullish pretty much everything but FIAT currency will increase in value > IMO this is mainly because of inflation , fractional reserve banking , and the fact that the world economy in blowing up right now as tech develops at a increasingly quicker rate ----Technical aspects of this move RSI oversold MACD oversold and crossing (multiple time frames) Elliott wave ABC correction inverse H+S on the hourly signs of a bigger H+S forming on the 12h time frame Also this correction looks identical to the bitfinex fud correction we saw in 2016 (same fractal) & We saw 10x shortly after that correction .... Been posting world market predictions (LMK if you want me to keep them coming) I have been in crypto since early 2015 (starting buying BTC at about 180$ near its bottom of the 2009 - 2015 MARKET CYCLE) and stared trading on Poloniex in late 2015 when we had around a 8B dollar mcap and I couldn't be more blessed to be in this community today!!! Crypto people are very loving, understanding, intelligent, and fair its super rare to find people like that.. but in the Crypto space majority are people are genuine & good. (another reason everything will keep mooning we have a super strong community that is super passionate about the success of cryptocurrecy and blockchain technology to make this world a better place ) Love to hear everyone's thoughts and opinions in the comments!! and stay profitable :) <3 (Also s/o to making me top trader the other day on trading view again that means a lot to me!) HIGHALTITUDEINVESTING LLC 2018 -- Search "highaltitudeinvesting" on Youtube to watch my tutorial videos and weekly live-streams about Crypto trading
BITFINEX:BTCUSDLong
by High_Altitude_Investing
108
What if BTC is going to 9000? What if it will go to 3500?BTC Wave Count is suggesting that there is a possible Extension in play for Minor C (red) within Minute III (red). 9000 Levels represent 100& Fibs Extensions of Minors A & B (red) and 150-161.8% represent a possible Breach of 9000 Levels which would indicate that there is a major sell-off in play which could reach the 3500 bottom. Is this realistic? Does it make any sense? I think so! BTC needs a solid pull-back before moving higher than 40-50K. Even has potential of topping a 100K this year, is that realistic? Why not!?! 9000 Levels to be watched closely for reactions.
BITSTAMP:BTCUSDShort
by EW4X
24
ETH headed to new highsMy Elliott Wave Analsysis has ETH in minuette wave (v) of minor wave 3 of intermediate wave (3) of primary wave . Last night I posted targets for minuette wave (iii) , which it hit today. Then we were looking for a 38.2% retracement to the level of subminuette wave iv of (iii) and we got that move as well. From here we should see new highs before another pullback to the area of today's lows in interemdiate wave (4). In other words, expect some intermediate term choppiness for ETH, but new highs along the way until primary wave tops.
BITSTAMP:ETHUSDLong
by alphahorn
1
GBPCHF – Bearish Primary 5 – Trend ReversalGBPCHF Structure developed a Complex Pattern, hence the reason why I think the Correction since Brexit and Flash-Crash is almost complete. If correct, then I would expect a 1800 pips drop in GBPCHF in order to complete the entire Cycle. Since Oct 2016 GBPCHF has been trading in a range, more exactly in a Complex Corrective Structure, a Double Three, which is about to end its shelf-life and pave the way to the next Impulse. *Daily and 4H Charts Analysis, Projections, Wave Counts and Entry Levels available for our Members.
Short
by EW4X
4
BTC Market Near the Top End of Elliot Wave 3 ApproachingAccording to EWT if W3 is to be a 1.68 extension of W1, it should be ending near the 8k... Two options either BTC just started correcting before the fork (which I doubt) or it will continue rallying just to heavily correct right after... Following fib retracement rules, counter trend wave 4 should take us back to the 6k price levels... A thing worth noting, notice how every time BTC corrected on the daily it was always after a complete TD Setup (Tom Demark Sequential), yesterday was a 9th.
BITFINEX:BTCUSDShort
by oscarg7
1
EURGBP - Seeking Wave B to Complete before Impulse CTechnical indicators look good for a reversal once Wave B completes. Price Action is entering oversold territory around a .382 retracement of Wave A. Rules: IF wave B hits at least a .382 retracement AND RSI indicates oversold AND a reversal pattern/candle reveals itself, THEN look for impulse C leg to retrace 1.0 the length of Wave A, taking profit 1 at .681 and profit 2 at 1.0. One caveat to this idea is that fundamentals for EUR are strong while they are poor for GBP. In the short term this may cause a farther retracement to around .900 Disclaimer: My ideas are my own and not intended as investment advice. Good luck!
Short
by milljohner