Da_bu

Da_bu

my guess is down after hitting this resistance

Da_bu

XLM squeeze, im neutral atm but keep an eye on it

Da_bu

Hi guys, im still favouring this as a correction as before.. Looks to me like an expanded flat. My guess bottom is 5200 area.. A lot of people are saying lower but for now if this is an expanded flat then i would say 5200 thanks guys

Da_bu

Hi guys.. just a small prediction of the classic ABC correction..we still dont know what will happen but im just going off elliott wave rules and theories... be careful, there could be more blood out there.. im still out of the market until is see the next drop to the 5900-6000k range...

Da_bu

Hi guys, so we have completed the zigzag "w" wave, ABCDE "x" wave. We are now finalising the Y wave... We can any pattern here to finish off the correction. Im going to assume the most common ABC correction to finish possibly a zigzag. We will track it and find the best time to re enter...

Da_bu

Hi guys, quick update. BTC 5 waves impulse, wave 4 being an expanded flat. ABC corrected back to the 0.618, also horizontal to wave 4 which is a great indicator. Lets see how he goes in the next phase.. we need to see some higher highs and higher lows

Da_bu

Hi guys, theres always a bull and bear scenario for every chart. Why im leaning more to the bullish chart. This is the daily chart 1. 50 moving average and 100 moving average are about to cross. 2. MACD and signal line about to cross. 3. Volume was at its lowest ever, now followed by a steady increase. 4. Momentum just about to cross the 0 line. Dont sound the...

Da_bu

Hey guys here is the BULL count update.. pretty simple. if we have found the bottom, its easy to say that we need to impulse 5 waves up. We have just had the first wave push through followed by a retracement to the 61.8 fib level. Now watching closely for a big push up for wave 3.

Da_bu

Hi guys.. So you have to remember theres always a bear and bull count for every coin and nothing is 100%. In saying that this is the bear count.. We have had a 5 wave impulse followed by a retrancement to the 61.8 fib level. Lets watch carefully for a 5 wave impulse up and assume its the C wave of the ABC correction for the BEAR count... I would exit there and...

Da_bu

Hi guys! wow that was really hard, i hope you guys came out ok. I think the low is in and possibly a triangle completed. If so we need to see impulse 5 waves up for a wave 1. As you can see prices were headed down but volume headed up, to me indicating a trend reversal. Also MACD shows a hook turn from bearish to bullish. Track the resistance lines because there...

Da_bu

Hi guys, looks like the correction is incomplete.. (blue lines). We have to know look at how to put the pieces back together. Im seeing the original wxyxz in wave A. Wave be is in and wave AB of C is in. Looking for a final push down for a bounce, no further than around the 6450 mark.

Da_bu

Hi guys, as you can see we found a low and a possible pivot point. Volume is low, market is fragile so trade with caution. Always set your exit targets and stop losses. In saying that im looking at a bullish count for now. Looks very impulsive to me forming good structure with an expanding triangle, looking for the 5th wave push up... Target 7773 with an abc to...

Da_bu

Looks like BTC has finished WXY, got a bounce at our target... we looking bullish for now.. either a 3 wave structure or an impulse... we will see if this correction is over yet.

Da_bu

BTC "could" be forming a 4th wave triangle. We are still on course for 7200-7400 bounce. Most likely the 3.618 Fibonacci. If BTC doesnt bounce, we will have to do further TA to work out where the next bounce will be. No TA is 100% correct, we can only use it for an indicator to see where prices may head.

Da_bu

Hi guys.. so we have have to re analyse the situation.. now this pattern looks like it is in play.. we have gone bearish until around the 7400 mark... a few more WXY corrections and we may possibly hit a new bottom for this correction... shorter term bear, short term bull, mid term bear, long term bull

Da_bu

expanded flat.. 5 wave impulse followed by A, 3 wave structure, B, 3 wave structure, C, WXYXZ. Note C is horizontal to wave 4 which is a good indicator. I can see bullish moves from here until around the 11k mark. Lets hope so. This is not financial advice, i am not a financial advisor. Good luck

Da_bu

Rough E Wave of BCH daily.. thoughts?