Tendorian

Tendorian

Picking the bottom using Ichimoku yesterday was right on the money. Now let us talk about potential targets for this upmove. $10k is the obvious near term target, after that if you are still bearish in this market, you might want to target the 100% extension of the first wave to the 14k level for a ABC correction. If you are bullish which I am, the minimal target...

Tendorian

Looking at my version of wave analysis, we have probably just completed a 2nd wave and in the midst of starting the 3rd wave up, which should be able to reach at least $15k. Pretty much self explanatory from the charts. You may want to visit my steemit post where i posted on other TAs. steemit.com Educational purposes only.

Tendorian Updated 

BTC is testing the potential bottom of this potential range and I think it should bounce here and most likely put in a bottom. A very good place to add to your BTC position. This 9600 area looks like a good support area for an upmove. The short term target is still 13,000, but having seen this crash, 13k should be an easy break.

Tendorian Updated 

The 13k area is very important as I mentioned, look to the left as you can see it has become support and resistance before. So when price reaches there, you should take some profits. When will it go there? Hopefully soon. When price reaches 13k, do not be greedy and think BTC will fly to Pluto, just take some profits and watch. Do not FOMO and buy at 13k also,...

Tendorian Updated 

Since the predicted bottom at 6k, we have been steadily on the upmove and now the downtrend line has been broken on the 4H with a developing bullish triangle. A break here would send BTC up to 13k area easily. Eventually this move is expected to break new highs. Again trade without using leverage/margin, it can kill you.

Tendorian Updated 

After such a long bear move, BTC finally turned as predicted from previous post. This initial first wave should be able to reach the 13k-14k area without trouble where the previous major consolidation was. After that probably some sideways before the next move.

Tendorian Updated 

XEMBTC is in a falling wedge on the Daily chart and we are now testing the bottom of the wedge. This is a very good place to initiate longs for a potential 2X return on BTC at a target of 9500 satoshi. If prices keep falling just hold it, never close againts BTC in a loss, the price will always come back as long as you are buying the low. And never trade with...

Tendorian Updated 

The final down wave for StratBTC is way too sharp and normally such moves gets retraced. A great potential 30% gain on BTC. The target is the previous swing high at 0.00109 sats. If prices crash further to below 0.0077648 sats it would be a great chance to get more. Remember to never trade on margin/leverage for cryptocurrencies. And never close with a loss when...

Tendorian Updated 

The correction for LTCUSDT is almost done, a drop below $100 into the major demand zone is needed before the next bull run starts. The potential target is around $500 and it might take 1-4 months to complete. Always remember to never trade on margin/leverage for cryptocurrency. It can ruin you.

Tendorian Updated 

Bitcoin should be bottoming here around 6.4k, it has reached a major support level on the Daily chart. The fall should be limited from here on. The next bull run should reach around 25k in 1-3 months. Always remember to never trade on margin for cryptocurrency, it can kill you.

Tendorian Updated 

Waves did a nice bounce and the fall a few hours ago gives us a great opportunity to enter for a good potential 13% gain againts a 4% lost. Target is the previous swing high at 0.00073-74 and stop loss is at 0.000622. The idea here is to increase BTC holdings in the short term, never hold againts BTC in the long run.

Tendorian

EURGBP has retraced 50% of the big upmove, and it does look like the current downmove is complete. Buying around current levels of 0.8870 area with great with a stop loss at 0.8720 for a target above the upmove at around 0.9350 for a risk reward ratio of 3.42. A break below 0.8720 means the overall uptrend has changed. This move may take weeks and months to play out.

Tendorian

Long opportunity on the 1H chart, SL at recent swing low, note that the candle has to close below the low to invalidate this trade. A spike below and close above does not close this trade. TP at 1.8790 for a RR of 2.30

Tendorian

Looking for turning points in the area indicated, note that price can spike past the 4370 high and not change the trend as long as it does not close above. It is possible but unlikely. The 3 potential turning points are at 1. 3870 2. 4250 3. 4450 The target for the downmove is 2500 where investors will come in and start buying and start the next bull move. A...

Tendorian

Impulse followed by ABC correction, next impulse to match impulse low.

Tendorian

Down impulse followed by ABC correction, down move expected on Daily chart, which means it will take a long time, maybe up to a month to play out.

Tendorian

Short BTCUSD to a new low. SL above swing high.

Tendorian

It is true wave analysis is very useful for trading, but also true it takes a long time to master it. Long GBPJPY on 4H, SL below recent swing low, TP above swing high.