chartagami

chartagami

MONDAY WILL TELL

chartagami

3.618 Says it all, let's seee

chartagami

So, we are at the crossroads of two trend supports. An initial trend established early on and a later one defined by the recent higher lows. If we bounce that is strong support for a long, if we break both trends then its not. Simple dimple. Please comment, I see lots of views and no comments, really keen for some comments, any comment, simple comment, complex...

chartagami

Is this a bear flag?

chartagami

Not looking so great

chartagami Updated 

Wave 2 looks to have completed and we should be beginning an impulsive wave 3 upwards. I'm looking for a 1.168 of wave 1. If We are starting wave 3 and not a wave C of an ABC retrcement then we could be heading into new ATH mid-month.

chartagami

Target 1 was hit from yesterday's chart. A motive wave is almost complete for a continued rise up to Target 2. If we have a trend reversal we could see a correction from Target 2 to retest ATH and potentially surpass.

chartagami Updated 

After breaking the EMA resistance with a small bull flag we've completed an inverse h&s and can project a 1:1 price action which coincides with our 0.5 fib level and T1 target of ~44.72 . A 1:1.618 action would take us to T2 ~45.43. If you viewed my charts and like them please let me know. If you have suggestions please leave some feedback so I can improve, thank you!

chartagami

We broke out of the descending wedge. We are currently testing resistance on the 55 and 100 EMA, on successful breakout we could then test the 0.5 or 0.618 Fib retracement levels to reach our initial target of 44.8 then 45.5. Looking back and seeing our continued Higher High and Higher Low, we'll need to understand how strong the rebound is and monitor channels...

chartagami Updated 

After correcting from its ATH UBER may have more downwards price action but a breakout of the ascending wedge could see us go as high as ~$44.50 before resuming.

chartagami

XVG is approaching a trend line from 1435 and will make a decision to stay in its channel or further fill a descending wedge pattern. Staying in the channel could lead us to an Adam and Eve scenario while filling the wedge could bring our RSI on the daily down forcefully giving us a sharp rebound reflected in price. The next one to two days will show us how it...

chartagami

The 325-1435 0.236 FIb of 587 and the 45-1435 0.236 Fib of 506 are in our sights. The ATH Trend, 0.236 FIb and Pitchfork all intersect at 506 on the 17th

chartagami

I know many are sensitive about showing bearish counts of XVG. It helps to look at everything in perspective. Hear is a long term bullish count for XVG as it's pioneering achievements are realized and valued in the global economy, reflected by price value. *These are not targets nor financial advice. Merely examples of Elliot Waves playing out.

chartagami

XVG Enters Critical Juncture in its correction from 1435. The jury is out on the bullish or bearish count until a major market move that will confirm either of them One can make arguements in both ways based on elliot wave count and wave patterns. While one side may lean towards imminent bearishness hope looms on the bullish side that another influx in buying...

chartagami

Just if the Fractals were to repeat over and over...

chartagami

The chart shows the possible Bearish Count with Elliot Wave Theory. Adam & Eve is just one of many possible scenarios that could be the outcome of such a downtrend. It's good to always think about both the Bearish and Bullish possibilities.

chartagami

If and a big If we are in a 5 impulse wave upwards then a 5th wave could land us at the targets described. This is dependent on 3 conditions being met: CONDITIONS: 1) We are up-trending in a 5 impulse wave up 2) Wave 4 is complete (If it isn't wave 2 as per Trade Devil's days earlier TA) 3) We do a 1:1 or 1:1.618 Fib level extension of the Difference between...

chartagami Updated 

XVG is looking to break out of its downtrend first by breaking channel resistance and the 850 resistance. Upwards breaking out of the 900 and previous high of 935 will put it on its path to test higher fib levels. 1015 level is not out of sight.