So here is my EW count for ETHUSD. This appears to me as the corrective 4th wave. ABC correction could be coming to an end. If this is the 4th wave of this cycle then it could be a short correction like we are seeing because according to this count wave 2 was a long correction so wave 4 should be shorter. The weekend should be interesting. ETH did a double bottom...
Ethereum with a nice break out an is staying within this channel playing out a nice elliot wave count. Currently trying to break through .618 retrace levels which should stand as strong resistance for now. Looking for a slight cool off and another run up the channel to hit that $1200+ USD levels. Disclaimer - I'm a novice trader learning technical...
A follow up from my previous analysis showing fib extension levels. Disclaimer - I'm a novice trader learning technical analysis. Please don't use this as financial advise. Thank you.
Take a look at my chart and see if you agree. Lots of aspects are showing bearish signals to me, the $8-9K zone looks like the next level it could drop to. This is just an idea, with some targets put in to show bear flag technical analysis. Disclaimer - I'm a novice trader learning technical analysis. Please do not take this as investment advise, also if you...
I see a head and shoulders pattern playing out on the daily chart. I see a triangle forming with support and resistance that is reaching the apex. I see a possibility that futures contract expiration on Jan 26, 2018 having a huge impact on price direction, will the whales short bitcoin again or is another rally in order? Sentiment is all over the place IMO. We...
A current trade of mine that I'm publishing to see how it plays out. Very bullish stock at the moment in what looks to be in wave 3 of a grand cycle with this being wave 1 completing of this first impulse. I'm watching price very closely at this moment to see if a correction will play out in my favour. It has also formed a cup and handle on the weekly where it is...
EMERALD HEALTH THERAPEUTICS INC TSXV EMH Watching current price movement. Correction might not be over but price direction looks promising. Trade active since $5.50. Disclaimer - Novice trader learning technical analysis and posting ideas to learn. Please don't take this as financial advice.
Bitcoin Bullflag? I don't know but it sure looks like history repeating itself. My targets for the next market rally are $25-30k. Disclaimer - This is just an idea by a novice trader, please don't use this as financial advise. Thanks.
If it breaks out from this ABC or ABCDE correction the target will be between $25Kto $30K. Price could retest $10800. Price must not drop below $10K in order to maintain bullish trend. Disclaimer - Novice trader learning technical analysis, do not take this as financial advise. Any critique is welcomed. Thanks for viewing.
EMERALD HEALTH THERAPEUTICS INC TSXV:EMH - CORRECTION OVER? According to my current count of this cycle we are finishing wave 5, third wave was the longest and 1 and 5 are very close. I'm currently looking at a ABC correction finishing, although it only reached .5 fib level according to this count. Could correct further to the $4 level. Holding out on buying...
Hey everyone, This is my revised Elliot Wave count on BCH showing the main waves and sub waves. It's a little messy but I hope you can make out what I'm trying to invision. BCH broke out of the triangle days ago but failed so we will extend the correction and see if BCH can break out again. Check it out and let me know what you think! Disclaimer - Novice...
Inverse Head and Shoulders playing out. Target from the neckline down to the head puts us around $30-$32 which would place PKI close to all time highs. PKI is a strong company with massive potential and a great long term hold. Hope you bough up the bottom of this major correction, looking forward to 18-20% gains from this point over the next month.
Hey, Novice trader here learning Elliot Wave with Fib. Just seeing if anyone else can see similar count or if I'm way off. This could be the start of a 3 major wave with this being the first sub wave or I could be wrong. Let me know what you think. Thanks!
Hey everyone, Cup and Handle Pattern, Aventus is trying to break the wick. $40 million market cap at the moment with a large pump over the past few days. Long term this idea has a lot of value. Bought at $5.80 after noticing the previous Cup and Handle pattern playing out. My idea is to watch the $7 zone for a correction similar to $5 zone but I'm...
Bitcoin Cash having difficulty breaking out. Volume spiked on the 1 HR, MACD has crossed on the 1 HR and appears bullish. Resistance levels appear to be $2700, $2900, $3100, and $4100. Support levels appear to be above $2200 at this time. BCHBTC is also gaining some ground. I'd like to see it spike and break through the first few resistance levels today, close out...
Hi All, First time posting a chart of mine. I've been studying technical analysis for a short period of time so I'm very new at this but I'm open minded and if you have any critiques please comment below, I'm in this to learn and profit! Invictus MD Strategies has been on my watch list for some time and just today it finished what appears to me a cup and...