I'm expecting quite some bull action if BTC holds this range for a few more days. Easy minimal risk, high reward trade. Careful for a shakeout, but this is looking good.
ADA should test resistance before proceeding lower. Take profit along the way, specially at the red box. Seems like an easy, low risk (near support) long trade.
Im suspecting BTC to reverse at the first red box (if we even get there) for new lower lows with 23k and 13k range as specific targets. IF BTC is going to keep on going this will most likely be a double top before we get at-least a move back down to 42k range. I called the 29400 long in my traders group and I closed the entire trade at 39k, im have to admit that...
Im laddering in shorts here, and selling spot position. Expecting a big pullback if BTC rejects at 48500 range.
XRP BTC breaking out of massive resistance zone, and XRPUSD in a fantastic elliot wave breakout. Targets $3+, ill update them after accurate measurement allong the way.
Does this sound familiar to you? New people buying at ATH Shitcoins mooning. Not just good projects, pure shitcoins. Youtubers, news, all "guru'" super bullish and for sure we are going to 100k BTC.D dropping hard Very big structure broken with very little momentum Weekly MAC.D bear cross How about the 2017 ATH. All this time nearly every Elliot wave...
BTC about to reject or break major fractal. Odds to the bulls to at least hold the fractal trendline. Target 1: 64300
XRP short play, XRP has perfectly responded to this count so far. Potential wave 5 top of wave 3 OR 5 targets on chart. Small boxes can be shorted with high leverage and tight stops and should at least provide some sort of reaction giving you the possibility to take profit and have a risk free trade. The second target zone is bigger and has a smaller zone within...
Short possibility for ETH following BTC's failure to break from the wedge. Even tough ETH's extremely bullish, if BTC drops ETH will follow. Be prepared to short the pullback move.
Here's a pattern comparison to BTC's behaviour around ATH's. Its following the standard pattern strictly and if we are led to believe that this will continue, BTC is looking at a 23k range for the initial bear break. This isn't financial advice that BTC is going down to 23k. This is a wake up call that it might be time to start being more cautious as there is a...
Some important factors to consider: We got a major pandemic nearing all time high infections worldwide. A hugely unstable situation with in the US and upcoming elections. A massive rally in all markets after the black swan event without any proper pullback. The dollar at the verge of breaking a multi year pattern, or holding the pattern which would cause a...
If BTC manages to break this we pump hard, but we got all the signals we need that this is going to dump. This is an exact copy of the 2017 ATH so far, and looking at alts something is about to happen.
Just pointing out how strong bitcoin is currently. It seems to be possible that BTC has corrected already and is aiming for a higher high which means its stronger and more stable than the 2017 bullrun. Lets see how this plays out and if it stays within the channel.
Green = Long Red = Short Blue = Entries/exits *box size refers to trade size
Scalping chart for BTCUSD Red = Short Green = Long Blue = Entry (riskier)
Case study on how we should have traded ADA in hindsight. We look at when we should have entered and at what levels we should have taken profit. - Note: there's always profit taking at earlier stages doing the trades at EMA's, previous highs, fibs you name it. But on a higher level, this is what you are after.
Elliot wave analysis with freakishly accurate targets so far. Highly matches the 2014 bear fractal. Retraced 61.8% just like last time providing 80% odds of retracing to the median line (which happened on last 61.8% retracement also) The chart suggests that we can have only a minor bounce at 6400 or 6100 and then freefall down to match the timeline (which has...
This analysis is purely educational and should not be considered financial advise. The following analysis is based on Elliot wave theory, algo targets and horizontal support lines to determine possible target zones of the current BTC correction.