Unchained_Trading

Unchained_Trading

This is my primary outlook for Bitcoin and what I would like to see over the next 6 - 12 months. Given the reaction that we have seen at $42,000 @ the 1.618 extension, I am expecting a mid term correction very similar to what we saw following the failed rally to $13k in the second half of 2019. Although, following the rule of alternation between the 2nd and 4th...

Unchained_Trading

The recovery since the March sell off has not been equal across the market. EOS is among others that have moved up in corrective, 3 wave fashion. Until the overall structure begins to change, we can expect corrective movement to continue. However, this still leaves us with an opportunity to the upside. I'm looking for a 3 wave move to the upside targeting $4.50...

Unchained_Trading

It appears that AAVE has finished a WXY correction with a reaction at the 1.382 extension. This has created a potential Long opportunity with a stop loss at the 1.382 @ $63. The initial range for targets to the upside is from the 1:1 @ $106 to the 1.382 @ $128. If this begins to move impulsively, I will look towards the 1.618 @ $141.

Unchained_Trading

A quick update on BTC in the short term. Two possible scenarios I am looking at. The first being an Ending Diagonal 5th wave represented in the chart. Based on the structure of the first wave, I would be more inclined to say it is the end of something rather than the start of something - hence an Ending Diagonal rather than a Leading Diagonal. The second...

Unchained_Trading

Potential Long opportunity in Uniswap at $3

Unchained_Trading

Massive potential opportunity in Graph Token following this correction

Unchained_Trading

Watching Monero for a potential Long entry following this correction

Unchained_Trading

Potential Long opportunity in Dash

Unchained_Trading

Potential long opportunity in Zcash

Unchained_Trading

We appear to have just finished the 3rd wave on my primary Macro count. Looking for a 4th wave pullback before continuing up for the final 5th wave of the Macro structure. Momentum on both the Daily and Weekly timeframe is looking VERY bullish. However, structurally, Bitcoin has yet to officially break out of a bear market on the weekly timeframe. As...

Unchained_Trading

So far Bitcoin is moving nicely but is nearing important areas for determining the direction in the short term. If this is the beginning of an impulse for our next leg up, there is no reason for us to go back below $18,150. Alternatively, if we see rejection here at $18,700 - $19,000, this still fits inside of the sub-structure for continuation down to my lower...

Unchained_Trading

Initial target at the .618 has been reached. So far seeing the reaction that we were looking for, but there is still the possibility for continuation down to the 1:1 extension at $16,500. In the short term, I am primarily watching watching for a reaction from the RSI in the 45 - 60 region. If Bitcoin is rejected at 45, I expect to see continuation down to $16,500....

Unchained_Trading

This is likely still a 4th sub-wave of the 3rd wave. We are trading inside of the expanded B pocket and meeting resistance. There is very strong momentum toward moving up, so it may not come to fruition, but I am looking for a pullback to $16.5k - $17.8k before the ATH is fully cleared. Likely targeting $23,000 - $26,000 toward the beginning of the new year.

Unchained_Trading

Breakdown of the local structure on a short timeframe. Appears to be trading inside of a 4th wave triangle belonging to a very strong impulse. Primary target of $0.82

Unchained_Trading

Beautiful reaction from the expanded B pocket. Primary targets are $15,400 - $14,775. Deeper targets are $13,700 - $14,400, but are significantly less likely in my opinion.

Unchained_Trading

Bitcoin is following along perfectly with my previous analysis. There is potential for a final push to the expanded B pocket before coming down for the last leg of the local correction - which would potentially set up for a decent short entry. Otherwise, I plan on looking for long entries from $14.4k - $15k.

Unchained_Trading

Ethereum is set to explode. Targeting $700.

Unchained_Trading

Likely an expanded flat X wave. Stop Loss just above the 1.618 Extension.