this wave count points to the 7000-7300 range as the end of bitcoin correction. 1. golden pocket for the wave 1 (Dec 15, 2018 - Jun 26, 2019) 2. 1.27 extension for the wave A (Jul 10, 2019 - Jul 17, 2019) of wave C (Jul 10, 2019 - Oct 2019) 3. 1.618 extension of the wave 3 (Aug 9, 2019 - Aug 16, 2019) of wave C (Aug 6, 2019 - Oct 2019) of wave C (Jul 10, 2019 -...
BTT is getting more attention and a possible boom! I have been following the BTT price movement for almost 6 months, here is part of my analysis in favor of a bullish move for BitTorrent. As you can see BTT was independent of bitcoin moves and just recently shows a significant correlation (shaded area). This could mean that BTT is getting more attention from the...
I wasn’t satisfied with the 38% correction and here is a bearish scenario for bitcoin to complete a double three correction. The four last waves could be 1234 of a 5-wave move as sub-wave 1 of wave 3. A higher-high would signal a bullish scenario and lower-low signals the bearish scenario, simple as that. For the bearish scenario all three targets 0.38, 0.5, and...
Here is a bearish and bullish analysis for BTCUSDT, let me know what you think?
for different waves in a price movement, if extensions and retracements are drawn, prices that they are around many of these fib levels have significance. Also, a proposed top for a 5-wave move generally has its fib ratios matching previous significant levels. for the top of the current wave, I see two potential targets where previous fib levels are pointing at....
let me know what do you think about this comparison.
Here is my opinion: People compare bitcoin(blockchain technology) to the Internet, and if this is somewhat true then they both need to follow similar stages of the market: 1. Introduction stage - introducing the main idea to public 2. Options stage - adaptation of the idea by public 3. Winner (Winners) take(s) all (this one is obvious) After the introduction of...
This seems to be the end of correction for TRX, we are hitting a strong support and wave count also is finished. RSI is also at 30. Volume MA is also is as low as the last jump.
Sell at high and buy at low, What do you think?!!
it seems that the correction is ending pretty soon and as volume picks up we should expect a nice ride on wave three.
so wave 3 usually is huge, let's ride XVG's 3rd wave.
Market is waiting and any good news will release the bulls, wait for RSI to be completely oversold
here is the Updated NEOUSD, we are going to hit low of wave 4 pretty soon
Here is my wave analysis of NEO, what do you think?!