Still considering this a temporary rally. Invalidation level for minute B wave at $2.77. If rejected at one of the following fib levels (.618, 1, 1.23) see potential short / accumulations targets/zones in chart.
As pointed out in my previous posts, I forsee a big move to the downside to finish the bear flag (and 4th Wave). This might happen faster than we think, because We are already trading under the 200MA (3D); In Oct. 2018, this was the beginning of Bitcoin's capitulation, which brought us all the way down to the 200MA on the weekly timeframe I therefore...
Have we finished Wave 1 or are we still in subwave 5? For now, I can see a potential ending diagonal in-play. If anybody else has a different EW count that can shed some different perspective on the current stance of bitcoin please share. Cheers.
As pointed out in previous posts, I expect way more downside for Bitcoin. I believe Bitcoin finished its expanded flat and is currently moving impulsively down for subwave 1 (perhaps already finished) in Wave 3. Targets are laid out in the graph. Any feedback in the comments would be much appreciated! -If you agree with this, like and share. Cheers.
Bitcoin has finally shed some light on its future price trajectory. After 6 long months it has formed a “valid” bear flag, in which the 200MA has acted as a strong support (since January 2022). The 50MA, on the other hand, currently acts as a resistance on the daily. On a smaller timeframe (1 and 4h, see update on previous idea: Final Leg Down), you can see that...
I know it's a bearish forcast, but I believe BTC is forming a double three combination flat + zigzag, in which we just finished subwave B of Wave Y (WXY). The guidelines state that Wave C is often about the same length as wave A. Thus a 23K Bitcoin is on the table. Any feedback would be much appreciated. -If you agree with this, like and share. Cheers.
My Elliott wave analysis on my previous post let me to believe that Bitcoin will have a final leg down that could potentially bottom at $23K. However, I want to propose an alternative to the bearish scenario, namely a ‘bullish’ symmetrical triangle (top declining, bottom rising) By making a slight adjustment to the ending of the 5th (intermediate subwave of...
In my recent post, I have drawn a bearish outlook for Bitcoin. Hence, it's fair to re-evaulate my EW count on some previous posts. It should be noted that I'm by no means an expert on EW analysis, so any feedback would be much appreciated. For Kave I made some slight EW adjustments and some dubious speculation on where this altcoin may bottom. In my view, Kava...
As shown in the chart, Opulous finished two impulsive moves (1-3 wave). Thus, we have 1 more leg up to finish the 1-5 wave sequence before the corrective wave begins. Details are laid out in the chart. -If you agree with this, like and share. Best of luck! Cheers.
This is my current EW count for CKB. EW count might not be on par because of the missing data points on Binance. For now, it seems like CKB finished its ABC correction--regular flat. I'm bullish on the shortterm. However, an ABCDE correction might still be in-play (similar view on Bitcoin). What are your thoughts? -Any feedback would be much appreciated. Happy...
As shown in the chart, MOVR formed an inverted H&S pattern. Breakout can pave the way to targets set out in the chart. -If you agree with this, like and share. Best of luck! Cheers.
As shown in the chart, ICP formed a Cup & Handle pattern with a clear breakout. Wave 3 can bring us to $28 and potentially even higher. -If you agree with this, like and share. Cheers.
This is my renewed EW count for Mina. -Any feedback would be much appreciated. Happy trading everybody. Cheers.
This is my current EW count for Kava. A leading diagonal into a Wave A (double zigzag) and now entering a Wave B. -Any feedback would be much appreciated. Happy trading everybody. Cheers.
This is my current EW count for dYdX. What do you think. Is the correction on this asset done or are we entering Wave B? -Any feedback would be much appreciated. Happy trading everybody. Cheers.
This is my current EW count for Enjin. -Any feedback would be much appreciated. Happy trading everybody. Cheers.
This is my current EW count for ICP. -Any feedback would be much appreciated. Happy trading everybody. Cheers.
Hi folks, hope you're all doing well. This is my current EW count for Lithium, but I find this one difficult to define. Any help/feedback would be much appreciated! Cheers