Elijah_Trading

Elijah_Trading Updated 

Alright, I have no idea what this coin is. But I see an opportunity here. I've been searching hard for some coins that can give us life here during this short tern bear market. I like this one. I see a very nice cup and handle . We're currently working on the handle right now. I will update with another post on what I'm seeing currently, with entry opportunity...

Elijah_Trading Updated 

Guys I'm seeing so much opportunity in the smaller market cap coins here. We just have to be patient. We want this to stay along this trend line as we go through this consolidation phase. I'm going to use this sloping growth rate for our second target, each wave is growing at a linear rate, which calls for exponential growth. Target 3 is possible if we continue...

Elijah_Trading Updated 

Guys, last one for the night. I REALLY like this one. I may enter this trade soon because I think we may be near done with the consolidation phase. The Daily MACD is still pushing down, but this correction is reaching near the same length as the previous wave 2. I will look for signs of reversal and possibility of a failed breakout. But I think I'm placing...

Elijah_Trading Updated 

Thanks to Kazor12 for telling me about this coin! It has great potential. So what I've noticed with small market cap coins is that when they get a REALLY big pump on their 3rd wave, their 5th waves fall wayyy short of their target, to the point of truncation. It happened with Reddcoin Civic and Groestlcoin when I was following them. So I don't know how this...

Elijah_Trading Updated 

So, it's time to start a new Reddcoin post. I was saddened to see that Reddcoin lost it's momentum and there was a verified wave 1 months ago that validates this as a complete 5 wave structure. I'm expecting this to correct for the next month or so, I'm also expecting this to correct in the form of a wedge. I will only activate the trade if it remains in our...

Elijah_Trading Updated 

Good news: Dash has broken resistance and is likely to see new highs! Bad news: Once the target is reached, we are likely to see another big retrace. I would just like to keep track of progress for this coin because I know a lot of people have it as a long-term position. So how much room do we have to go before a big retrace? Well, wave 3 surpassed everyone's...

Elijah_Trading Updated 

I DONT think this correction is over. I think we're getting a 3-3-5 Flat correction. It could also be a 5-3-5-3-5 ABCDE, which means that the correction just takes the form of a triangle and takes a little longer. We should glide across the 55 EMA and possible trade under it. REMEMBER, this is Satoshi!! Satoshi prices are highly manipulated, you could reach your...

Elijah_Trading Updated 

So first, guys I almost got my ass almost got banned from Tradingview hahaha! I got a message this morning that I had been posting my wallet for tips?? First of all, you all know that I only accept tips in the form of blood sacrifices from your first born child. But then they said I can't post links to Youtube channels. So that is understandable. I am trying to...

Elijah_Trading Updated 

More analysis to come. But this baby is growing exponentially and repeating patterns that it did before. We're coming to the end of this correction. Two pieces of evidence for a descending wedge AND a cup and HANDLE!! This is IT right here guys! Let's say we continue this linear progression for growth that we have seen for waves 1 and 3, then wave 5 could lead as...

Elijah_Trading Updated 

Hope you guys didn't buy into this up here. I have 3 waves counted. A near peak extension to 2.618. 3 Bearish peaks on RSI. And A daily MACD that is leveling off. Oh god! Remember what I said on my last post, when EBall Shorts, you better get out hahaha Very confident this happens. If it goes above $1000 again keep the trade open. it's not going far. Guys there...

Elijah_Trading Updated 

So guys, we're gonna have some fun here. I want to show that this type of analysis doesn't just work in the crypto market! That's why I believe I have longevity doing this, even if cryptos don't work out. So if you keep up with the equity market, you know that it's been gaining rapidly recently, indication of over-exhaustion of a run. If we look at the 1 Month...

Elijah_Trading Updated 

Look, I want to teach a lesson here. I'm seeing WAY too many people thinking these will just go up forever and NEVER correct hard. This is the way the market works, If you think you can't short ripple, think again. We're targeting these two points here for as much as a 32.8% downtrend from the highest value here. I'm in a shorting mood and I CANT EVEN SHORT. So...

Elijah_Trading Updated 

Here are some of the basics of Elliot Wave Theory. Elliot waves are what makes me money. A lot of people don't use them because they are typically hard to count, and people give up when things go the wrong way. Every wave always has its own set of 5 subwaves. When you finish a full set of 5 big waves, it now becomes ONE large wave. Rules: 1) For EVERY wave,...

Elijah_Trading Updated 

Another one... Like Cardano, Lumen has made you a lot of money if you've been following me. I predicted 75 cents last week and we stuck with it til about 90 cents or less. It's time for this to go down. The difference here is we know where it will go. The wave 2 corrected to a .328 retrace. So this is very likely to hit at least in the zone of a .5 with a sharp...

Elijah_Trading Updated 

If you followed my last post, Cardano has made you a lot of money. But it's time for this thing to go down. It's EXTREMELY oversold and this 5th wave is SUPER extended. The good news: We know it's going to fall Good news Part 2: It's made us a nice profit Good news Part 3: After it falls here, it will go high as shit. I kid you not. It will CRUSH my $1.35...

Elijah_Trading Updated 

Alright guys, this is likely to be my last big TA for a while unless I see some other BIG opportunities. I'm in too many trades and too many positions and TAs for my liking. But I think I may have saved on of the best for last. (If you guys want to, i wouldn't doing requests just for the sake of it, if I have time). I honestly Don't know how much longer we will...

Elijah_Trading Updated 

I will definitely update with another picture here of what's happening now, but I see an opportunity that we may be able to take advantage of. There is not much risk in terms of a stop loss, but there is risk in terms of the target never being met. The next update will show you why this is so. Another analyst brought to my attention this cup and handle, and I...

Elijah_Trading Updated 

Wave 1 had 5 sub-waves that linearly progressed in price. Wave 3 often breaks the trend line of wave 1. Expect a 150% return in about 2 weeks. Could go higher, so I will watch for signs of reversal.