LongevityContrarian

LongevityContrarian

Hi Traders, Another Quick Idea. COINBASE entered Market in the right time - TO SELL :D... When bitcoin peaked. So we can see 3 impulsive wave down and right now forming some kind of Triangel or ending diagnal. = possible Wave 4. Hence I expect One more truncated wave down. Shorter than wave 3. (Wave 3 is never shortest acc. to Elliot Wave rules). If so, I...

LongevityContrarian

Hi Traders, Just quick idea, RUNE sounds like nice project (Fundamentally). But we can be still far from fair entry price. Depends what will be next move of Bitcoin. (My expectation is 1 more wave down to 25-20K; later 17K possibly). So Rune could drop to 2 or 1 USD. (My ideal buy zone). We need more data for much propper EW count. now the waves are...

LongevityContrarian

Helo Traders, Just a quick Idea for a friend. You can see conditions that must be achieved to enter LONG position. Let me know what you think. I will take a deeper look on that wave c of 4 later. ;) Enjoy the game. Trade safe.

LongevityContrarian Updated 

Hello Traders, Nice setups are everywhere right now, and this one is especially good. So consider Your RRR strategy. Buy Zone 30-45 USD / coin. - Hold until infinity or take profit after it pups back to 100 (psychological number) or even better 220 USD ( 1st take profit zone). Take care, trade safe, enjoy the game... ;)

LongevityContrarian Updated 

Hi Traders, As you can see, wave ((v)) of A is still ongoing. than My buy zones are Golden ratio of entire "bull Run" around 24K. Second Buy zone is 19-17,5K (More likely to HOLD us). Than some retracement UP to 30-40K Range. (Wave B - we will count subwaves). And then Wave C. Get ready, trade safe. Enjoy profits ;)

LongevityContrarian Updated 

Hi Traders, Let me know what you think about this count. My opinion for entire EV market is we could be near the local bottom and preparing for another growth wave. Lets se, trade safe and use Stop-loses. ;)

LongevityContrarian Updated 

Hi Traders, Let me know what you think, what stage of the market this could be ? Is all the retail alredy in ? FOMO is there for sure. Alts are reaching over ATH doing 100-200X returns... So we are for sure aproaching end of bull market, but could it be so fast? Trade safe, use stop loss and dont forget to take profits.

LongevityContrarian

Hi traders, Please consider this analysis as pure speculation (as always) :D . Using elliot wave theory, it seems loke we are wery close to řth wave of A corrective wave ? So retracement could take as to Point of COntrol (Blue line around 21 USD). Also we can see positive konvergence of RSI and MACD. Trade safe, always consider risks and use stop-loss...

LongevityContrarian

Hi Traders, Right now Im considering continuation of Uptrend.... Wave 5 loooked like finished, but last days shows we could finish very shallow correction (yellow abc) and now we still have som space to grow to 70-80K Range. Always trade safe ;)

LongevityContrarian Updated 

Hi Traders, As you can see, we finished 5 step impulsive wave from around 4K to 58K. Right now correction is highly apreciated :D Wave A looks like it´s going to be a ZIGZAG. A:3 = 1:1 but dont take it as dogma. Strongest support is around 37-33K where (wave 4) Where could be great BUY zone. So breath deep, relax and enjoy the ride. My buy indicator will...

LongevityContrarian

Chart says it all ... Best risk / reward will be around 50% retracement. ther should be a solid support (or maybe not) Depends how many leveraged positions there are ? Trade safe, use stop-loss if possible. ;)

LongevityContrarian

Hi Traders, One of possible outputs from this very confusing movements could be descending triangle. it means Bulls want to accumulate more. Other option is a dontrending Bull flag somwhere to 25K. We need more candles to count subwaves to say what the hell is going on :D Trade safe. Altcoins are more interesting markets rightnow....

LongevityContrarian Updated 

Hi Traders, As you can see, according to Elliot Waves count, My buy zone is 27.5 -26.3K. That will be a beautifull Bull flag. Also notice possible RSI convergence on 4H / 2H chart. Trade safe and use stop-loss.

LongevityContrarian Updated 

Hi Traders, Quick Idead how to play with BTC :D. Dont take it as 100% Buy / Sell values, but consider 0.618-0,786 fibonaci extension between waves a-c-e and b-d. always a Zig Zag move within triangle. Hopefully on Monday, DXY will pump and push BTC finish C leg of correction to 27-28K Area. ) Take care, use stop loss and have fun ;)

LongevityContrarian Updated 

Hi Traders, Hopefully You are doing great :) (And some of you still hold your BTC ? ) Seems like big Guys are willing to trick everybody with quick but shallow corrections. Right now IF my Elliot Wave count is correct, we could see new ATH. Maybe even around 47K in next few days. (Fingers crossed). DXY INdex is rising, so trade carefully bcs it can act as an...

LongevityContrarian

Hi Traders, Seems like BTC had a LOT of strength to go parabolicly UP. Untill now, If you look at 4H Chart, there is HUGE divergence on RSI and MACD is indicating we are very close to top of wave 3. (My expectation around 38500 on Binance). IF I am correct, there could be retracement at least 0.236 = 33K or much better would be 0.382 = 27K to 26K Area. (30%...

LongevityContrarian

Hi Traders, Right now when everybody looks to be Bullish and expecting moon. On YTB you can find so many "oldschool crypto traders" coming from nowhere claiming perfect results and scamming newbies into shitcoins. Maybe its the right time for propper correction. So if we reached or look for potential top. than this correction use projection of 2013-2014...

LongevityContrarian

Hi Traders, Finally got back to trading, and prepared few analysis for you. As you can see, I expect that Monero finished First impulsive wave and now we are in the middle of Correction = Accumulation phase. My buy positions are stacked from 120-104 USD (About 8 levels every 2 USD) to get as best price as possible. In case of 1to1 extension of Wave 3 -...