Unchained_Trading

Unchained_Trading

Breaking down what we have observed in LTC since my last analysis. I'm looking for rejection between $47.75 - $48.50. Following this, I'm expecting that Litecoin should be targeting the first minimum target at the macro .618 (Yellow levels) with a more extended target of $25. This whole area is great for confluence with macro support as well as confluence between...

Unchained_Trading

Looking for a short entry at $2.78

Unchained_Trading

The primary target was reached for the primary count. However, if Dot breaks the white trendline, this is the outcome that will likely follow. In the event of a breakout, downside to the primary targets will still follow. But we will have to reconsider the structure in which it will move down if the potential upside targets fill out.

Unchained_Trading

If Dash remains inside of the downward channel, the primary count is still in play. However, there is potentially a small breakout coming until October 3rd.

Unchained_Trading

Very likely that we will see local upside in Bitcoin Cash through October 6th.

Unchained_Trading

Based on how extended Cardano got, I am strongly considering this possibility.

Unchained_Trading Updated 

Our Ethereum setup from September 21st has played out well so far and the minimum target has been reached. Now it is setting up for a potential short opportunity for the next push to the downside. If you didn't catch our swing short setup on September 1st at $471, this is the next shot at it. If we don't reject from here or the .786, my ideal entry would be...

Unchained_Trading

An updated count for Chainlink. Ending diagonal was invalidated with how extended we got. However, it is very likely still a flat correction with an expanded B wave. Looking for similar downside targets - potentially lower. We could still potentially see further upside here until the rest of the market begins to roll over. Expanded flat is invalidated with a...

Unchained_Trading Updated 

Breaking down the current setup for Bitcoin on a small timeframe. I'm expecting Bitcoin to begin moving up here for the final push to the upside of this local correction. Sentiment remains the same. This is all still very clearly corrective price action.

Unchained_Trading

After further analysis, changing gears on Chainlink a bit. Ending diagonal. Let's see how it plays out.

Unchained_Trading Updated 

It appears that we will likely see corrective movement to the upside through the end of the month. This is clearly an impulse, indicating that this is either a C wave or a 3rd wave. Looking at the previous leg to the upside, it reached the 1.236 extension. Indicating a 3 wave move - A wave. Meaning that this is clearly not a third wave, it's a C...

Unchained_Trading

Our pullback in Dot looks potentially finished. Looking for shorts in the highlighted region for the final push to the downside.

Unchained_Trading

The pullback that we were looking for in Cardano is moving very nicely. Spot on in regards to time and has a lot of confluence to Bitcoin.

Unchained_Trading

Cardano joins Chainlink, Dot, and a few others in an exclusive group of cryptocurrencies that have potentially printed impulsive structures over the last few months. While it is entirely possible that they will simply follow Bitcoin, this group has proven that they have the ability to move independently from the rest of the market - so it is important to be aware...

Unchained_Trading

Dot is moving along nicely. Next short opportunity should open up on a pullback to $4.50.

Unchained_Trading

Dash is on target perfectly. The next short opportunity should open up on the pullback to $68.

Unchained_Trading

Conversely to Bitcoin, Ethereum appears to be looking for another leg up potentially. This is invalidated with a break below $325. I have not shared this yet, but this would be in confluence with October 7th - October 8th, which is a day that I have been looking for for the completion of the larger local correction. Alternatively, if this breaks down, I am...

Unchained_Trading

Beautiful move down that we were looking for in Bitcoin. We've hit the first target to the downside and now I'm looking to see a pullback to the .382 - .618 before continuation further. Given how strongly this has moved down, the .382 is much more likely. This market is trending to the downside, so I'm not looking for any trades/targets to the upside unless...