TheRealSoothaa

TheRealSoothaa

Noticed these patterns on the ETH line daily. Sure hope they don't pan out!

TheRealSoothaa Updated 

Pretty clear waves can be seen here. I've had SPY $200 6/30 for a few weeks and it's pretty easy to not sell with such a clear picture seen. I don't believe the first red downtrend will hold for wave 4, wave 4 seems more likely to take a couple weeks and test the second downtrend line. For this reason I would take wave 4 location with a grain of salt. That said,...

TheRealSoothaa Updated 

Following in Tesla's footsteps, Ford has now gone parabolic (chart is inverted). There hasn't been a relief rally in quite some time, Ford can easily bounce to the $5/$6 range.

TheRealSoothaa Updated 

Just my rough guess of what will happen for the remainder of 2018 and most of 2019. That pink trend line has been going from September 2015. Meeting that at the grand fib #5 of this whole move. AND the bottom of this falling wedge. Seems like a great place for a true bottom to me!

TheRealSoothaa

Looks like ETH could have possibly found it's bottom range here. Increasing volume and huge drive down indicated capitulation (or near). The flip side of this is that if we break fully below the 0.88 line we have a huuggee head and shoulders pattern with a full retracement down around $6. If that were to happen.. it would be interesting.

TheRealSoothaa Updated 

Looks like Decred is really liking this ascending triangle it has forming. The daily RSRI is overbought and will probably fall to the green target box.

TheRealSoothaa Updated 

NEO finally had an impulsive move (IMO fueled due to the upcoming RedPulse ICO). Catch the retrace on the way down, looks like there will be decent support around entry 1.

TheRealSoothaa Updated 

Guessing here. Don't trade large amounts on this projection. Looks like we're in a sub-wave 2 of a superset wave 3. If this does pan out I would remember Rule Of Acquisition #44: "Never confuse wisdom with luck."

TheRealSoothaa Updated 

6 hour RSI is on the floor and starting to turn up - could this be the start of a big wave 3?

TheRealSoothaa Updated 

NEO has textbook wave 4 going on from what I can see. A frustrating slow meandering slide that is mostly moving sideways. 12 hour RSI has peak and is headed down. Might not retrace as low as I have indicated however the 1.272 fib line seems like a perfect stop. I really love the fundamentals on this coin, wave 5 is going to be huge.

TheRealSoothaa Updated 

There are a few different ways you can draw these Elliot waves, on the 12 hour they appear to form this about-to-be-completed 5 wave structure. Wave 4 trading sideways per definition. You can see the bullish pennant forming but in this case I think a breakdown of it to the 1.272 fib line will actually signal a start of the wave 5 run. 6/12 hour RSI are on the...

TheRealSoothaa Updated 

If it happens it should develop shortly..

TheRealSoothaa Updated 

First published idea. Don't take my advice if I enter the trade.