EOS April 17, 2018 Daily - 2018 - Big Winner Again In 2018 EOS just completed Minuette Wave (i), the second 5 full wave count it has completed in a short few months, during a bear Crypto market. EOS is one of perhaps 5 coins I have seen over the past few months consistently increasing in value. It has shown phenomenal strength against a super negative market pushing higher all along. Currently, it is correcting after completing (i) after which I expect it to commence forming its Minute wave (ii) where it will set several new highs beginning soon and into summer. It will likely prove along with EOS to be one of 2018 best performing crypto in my opinion and per Elliott. It is on a definite track at this point to continue into the Minute wave completing it within the next 3-4 months if historical patterns hold for this one.
Winner
Count your waves & keep your head clear.Hey whats up tradingview been a minute since I posted a bitcoin chart so here it goes.
I see this as a ABC correction in the macro wave from 20k to 6k
I see the current correction from 12k to 6.6k as a 88% retrace despair (potential to be final low) of the entire bearish market cycle. (not calling bottoms just saying if this double bottoms it will be absolute bottom for quite some time and very likely the entire cycles bottom.
If 6k cant hold 5k is around the corner but according to my long term logarithmic analysis that is less likely to happen
There are multiple ways to look at the bitcoin chart but one of the better ways is to look at it from the perspective of human emotion where are where in a standard market cycle?
stay profitable stay wise keep risk management and keep winning folks!
$ilver Technical Analysis: Bulli$h Breakout$ilver is trading inside of a symmetric triangle. These triangles are continuation patterns 75% of the time. The triangle should break higher or lower within the next couple of weeks. In addition, an inverse head and shoulders is also in play. My play on this move is TAHO, BCEKF, FSM and HL. LOCKED AND LOADED BABY. FOMC day is next Wednesday at 2:00pm ET. This decision could decided which way $ilver will breakout. I am BULLI$H.
Here is information on symmetric triangles and inverse head and shoulder patterns:
Symmetric triangle: stockcharts.com
Inverse head and shoulder:https://www.investopedia.com/…/i/inverseheadandshoulders.asp
ASCENDING BROADENING WEDGE - BULLISH DIVERGENCE! VEN -> 2XWith rebrand coming up in less than two days, VEN is looking incredibly sexy.
VEN is currently in an ascending broadening wedge, looking to test the support line in the next couple days.
The OBV is testing support which has been holding in a solid uptrend. We are also seeing a bullish divergence in the OBV, another buy indicator. A bounce or false breakout is likely at this point.
VEN is looking to 2x by April. It's been one of the few big winners of 2018, and I don't see any reason for it to stop. Look at the target zones. I would still wait to take a position until we see it bounce. Put a stop loss just below the support trend line at your entry point.
Also, let me shill real quick. VEN's fundamentals are amazing.
Put your money where TA and fundamentals agree.
HODL Wings and Prepare to Take Off!!!WINGS
WINGS
WINGS
I am heavily invested into his Coin at the moment. Buy low, sell high. From the chart above you can see a trend shooting upwards, the coin has just begun. @excavo and @alanmasters Are both indicating this as a potential heavy winner in the following weeks. Keep and eye and spread your wings!
Possible Major breakout or another correctionPossible Major breakout or another correction,
Gold is in bull channel, however it has reached 50% of channel where you can find resistance and support, if breakout + and full gold power, we are looking for TG 1380 to 1450 by the the first week of May,
However a last rejection may occur getting bear targets 1210 -1205, then we can go full bull !
You be your own judge !
Ethereum is at the Start of Something Serious At the beginning of the alt coin bonanza when someone told me about Ethereum, I kinda had a look at it in it's initial stages and though 'meh' I was riding high on the big boy Bitcoin (still do) but as it came and the years went by their tech and the tech of many coins improved. Innovation!
Innovation it was key to grab yours and my own attention. Ethereum is one of the many new greats I will be posting about. It is potentially going to the Bitcoin of the corporate world, it will be a saviour for many. Most of you on here don't need the lessons on how effective it will be in the future.
Now back to the story. This week ETH will either make some grounds and start creating that new floor of resistance, and start a bit of a climb of organic growth. Being that in the future we should expect to see huge gains in ETH even to $200+ its got to start somewhere and I think its at the beginning of the climb.
As you can see in my graph there is a smiley face, a plane and a rocket. This is usually a good sign when these are in charts.
I would say we could expect in the nearer future to see either a price drop but more likely are to start seeing gains heading towards ATH. News is coming approaching soon and rumours are that another big corporate will be adopting Ethereum technology. We are sure to see more Ethereum technology on the next version of Windows after the release on Microsoft Suite. We hit a few roofs but it must keep going.
"Fight through that shit. Cause a year from now, when you're kickin' it in the Caribbean you're gonna say, "Marsellus Wallace was right.""
Target 1 Bat Pattern WinnerHey all,
Heres a Bat pattern that I forgot to publish but was a trade taken. It's a small Bearish bat pattern on USDJPY. We managed to roll over very pain free to target 1 however then moved back up to break even stopping us out.
For those who don't know, I like to trade 2 positions per trade with 2 targets. Once target 1 is hit, I then move the stop loss on target 2 to break even so it becomes a risk free trade. Still bagged us a nice +47 pips.
Fibsii
@Market NZDUSD BatHey all,
Heres another Bat pattern formation on NZDUSD 1H chart. Actually still valid to enter if you missed this, as we haven't broken below the X point yet, so better Risk Reward if you enter now.
Hoping for 2 targets on this bat pattern and in line with underlying market trend.
Fibsii Team.
On a side note, Happy New Year everyone!
EURJPY: Trade Bat Pattern On FX:EURJPY , the market is not trending and it gives an opportunity to advanced pattern traders. There is a support at 113.909, the market respected that price again and it is more likely that it will do again. We are all aware that big trades are placed at key levels like this support. Bat pattern appears on 1H chart and it gives the exact point where to enter and put our TP and SL. Also, it gives a nice Risk / Reward Ratio.
In this case, the price may bounce back to support and then continue going up or it may simply hit the profit targets.
T1 - 38.2%
T2 - 61.8%
PS. Draghi speaks today, and Euro market may get more volatile.
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