


Setup: Strong breakout of the consolidation zone and the 200 Moving Avarage on the daily timeframe. Pullback expected to test previous resistance. Entry: I expect support at previous resistance and this is where my entry zone is based. Around the 200 MA (daily). Orange box. Stoploss: Stoploss is below the consolidation zone @ 0.00001680. After making a new...
BTC is at the top of this massive bullflag (again) where BTC is in now for 32 weeks. October is half way and the Halloween effect is knocking on the doors. Good time to look ahead. Scenario A: Bullish When BTC breaks out of the bullflag and get (and stay) above the ATH level we enter the uncharted territory. This is where the Extended Fib tool comes in place...
After a wild bullrun for more than a decade it is time for a correction and for the markets to cool down for the coming years. This analysis is what I suspect most likely to play out. Let me guide you trough it. From this point I expect a lower low during this summer (2022) reaching the MA200 weekly / MA50 monthly (yellow cirle). Between September 2022 and May...
BTC seems to be in a big falling wedge where it failed to breakout yesterday followed by a decline in price. After retracing to .786 fib level there could be a possibility for a change in direction. BUT there are 2 so called square ups, located at the yellow arrows, what are losses for market makers. You can see these square ups as gaps in regular markets, and...
This sleeping giant is waking up. Head & Shoulders formation is ready, Cup is ready, handle in the making. If the market remains bullish during the summer we could see a nice rally for QTUM with profits between 300 - 700+ %
Elliot: Fubo is retracing and just had his first A leg of the major ABC down. Now it's time for a B leg with an ABC up before the leg occurs C-wave. Ficonacci: The Long trade starts at the 50% of the Fib retrace what happen to be a minor support from a previous minor resistace in the uptrend. Besides that it is gapping down and oversold in various of timeframes.
From a technical perspective stellar needs to correct like almost all other altcoins. But be very cautious in these times. Mother BTC and upcoming news can always influence the price behavior and with the rumors XLM being listed at Coinbase and a active fork coming at 9th of December it's good to have a stoploss in place. ENTRY I've put the entry signal at...
It sure looks like it if you ask me! 1. Trend got stopped at the 1.618 extension fib 2. Made a head and shoulders trend reversal pattern on the top 3. Had a strong pullback after 4. And is now making an ABC correction to the upside now to get the sellers on board and to go down to the .618 fib retracement. This is where I expect where the 5th wave will start. ...
Before we enter the long term bullrun I see a retrace incoming not to far away from now. I did mention that in me previous post. If the green 0.618 holds we see a 30% drop in price for the accumulation zone but if that fails, depending of what BTC is going to do, this level could not hold and could we see a further downward move to -75%. Be aware of that...
We're about to finish the 4-wave of the elliott wave theory when we break trend and support (purple trendline) and enter the green accumulation zone preparing for the next wave up (wave 5). This means a 30% drop in price from where we are now in the short term. Then I expect we're going to see another massive bullrun. Targets depending on the hype in the...
Not a XRP fan, but looks like a healthy move! Let the chart speaks for itself. What do you think?
Coin: Bitshares (BTS) Trading pair: BTSUSD Platform: Poloniex Entry: $0.20 - $0.30 TP1: $1 TP2: $2 Stop: $0.17 TA: Target 5th wave @ $2 I counted all the subwaves in wave 1 and 3. Fifth wave incoming. Did an ext fib retrace to come to $2 at the end. (deleted in chart) Then did a fib retrace to show the subwaves of the fifth wave. FA: Bitshares is a...