RogueDave

RogueDave

Various Elliot Wave counts have a high probability that Wave III completed just short of the 3000 level. After the completion of a major leg, a correction ensues to retrace a portion of the entire move. The correction can form various patterns, though a Zig-Zag or A-B-C correction is a high probability. Wave A corrected from 2980 to 2121. Wave B countered...

RogueDave

CoinBase:ETHUSD charts are now forever messed up because of the CoinBase/GDAX feed and the ETH "liquidity" / processing delays of today, June 21, that led to this event. I wonder how many ETH panic sellers CoinBase/GDAX screwed-over as Bids dried up or were pulled, and who was the genius who left a Good-til-Cancel Limit Buy Order at US$13 on GDAX, for what...

RogueDave Updated 

After recent consolidation following prior spike, XMR (Monero) relative to BTC (XBT on Kraken) is nearing short term pennant completion and midterm resistance. Clearing the mid term resistance should enable XMR to advance toward longer term resistance near 0.025 from its current price level near 0.020.

RogueDave

Has BTC reached a temporary peak based on Elliott Wave Count methodology? The analysis is based on the available and relevant price data from the Coinbase Exchange. Wave 5 appears to have peaked at the US$3000 level, and is now correcting. Affecting BTC's near term price uncertainty is the UASF BIP148 vs Lightning Network issue that has not been resolved as of...