Here's a lesson in the relation between - LEGS - Elliott wave fractals & fibs what is a leg? A leg in a market is defined by a pump up or a pump down IE upwave or downwave IE impulse up or impulse down the recent leg we witnessed is measured & starts at 2931$ in price at the top of the cycle IE LEG we saw prices reach 19753$ Now we are all expecting a bounce...
Bitcoin market cycle may need to shakeout (this is a potential bull trap) there is two ways to look at bitcoin and being aware of both options is important THIS ISN'T MY PRIMARY PREDICTION BUT ITS SMART TO HAVE SOME STOPS AND USDT TO BUY THE DIP IF THIS SCENARIO PLAYS OUT If the market cycle sees a full retrace to 3000$ levels then we will be buying the dips...
thought I would make this chart to prove you can trade Elliott Waves in any market any time frame.
Many tech stocks are overvalued but this one is undervalued.
GBTC is a great place to put a bit of your stock portfolio
Many tech stocks are overvalued but Qualcomm and intel are both still undervalued
Classic market cycle time to return to the take off period
Here's some day trading of the 3 wave 12,000$ is my target.
Not much to say here my TA says all.
For all the "bubble pop peeps" this is some TA for you to consider (at minimal) I know you are all a bit stung in the ass by the 2013 bitcoin mtgox market cycle and fractal but you also have to remmeber that bitcoin has had many pumps and dumps and not all of them fully retraced infect many of them saw continuation in or around the .618 fib retracement not to...
Ethereum needs to test the 600$ range again bullish trend overall but needs to find support on the correction
Hey everyone!! hope you have been having a good week in the markets even though we are pretty much experiencing blood across the whole mcap (crypto stocks and commodities) and many people are wondering how long this can last!!! spx targets on ABC retracement (1500$ to 2000$) this is just a shakout before we see continuations main reason things will keep going...
I love Elliott waves and don't care if many hate them ^_^ because for me they work like magic. Increasing volume Elliott wave cycle needs to make 3 wave Falling wedge pattern (bullish continuation) Here comes that market cycle and HYYYYPPPE
No clue what this coin is or does but look at that volume and falling wedge :D
LTC in a falling wedge pattern and i'm thinking we will see it fully retrace the recent leg up (THIS IS NORMAL AND PROVIDES A GOOD BUY ZONE)
Thinking bitcoin will touch 8000$ so it can build the momentum necessary shaking out all the new money to break all time highs later this year. THIS DOES NOT MEAN TO SELL ANY MIDTERM BTC HOLDINGS OR LONGTERM HOLDINGS THIS IS A VERY SMALL SETUP FOR DAY TRADERS I STILL SEE BITCOIN GOING TO 100,000$ in 2018 .
I see zigzag patterns here and think its more likely we have a retest of 600$ before pumping higher . (abc correction) (turning bearish MACD) I think eth we touch these levels the same time bitcoin test's 8000$ giving us a big enough shakeout to have the momentum we need to start pumping across the map again .
Firstly I should say that Bitcoin is on a major bull run as we all know! Many people have been trying to "CALL TOPS" and find the "END" to all of this (LOL) When we study the Elliott wave cycle and think in terms of continuation we start to get a bigger picture of whats really going on and you start to care much less about the "MINI corrections" (Corrections...