ecicic

ecicic

Possible short. I am long BCH vs dollar, however expect BTC to outperform.

ecicic Updated 

A day late to post this, but entry still good. EMA About to cross, RSI crossed, MACD is following suit. Nice bounce of .618. Target 1.618. Risk reward 5 to 1. t1 = 14.50 T2=22.50 SZL=9.17

ecicic Updated 

Some of my followers have asked me why i haven't posted any trades in a while. The answer is simply because there is no trades that are attractive enough vs the risk. Sure a few coins are still going for all time highs, but the single most important characteristic a successful long term trader has is strong risk management and capital preservation. Right now...

ecicic Updated 

ETH has been the strongest performer in this bear market. Its chart vs BTC has cleared the historic .618 fib and looks to retest its ATH. ETH also offers an attractive trade vs USD. We have triple confirmation on the 4 hour, the EMA cross, Stoch RSI, and MACD(will cross any moment). Target 1 1225 Target 2 1425 SL 999 Risk Reward ratio: 2 to 1 ETH VS BTC

ecicic

I hope everyone is doing well at the end of this cycle. I’ve managed to make a decent chunk today, and have cashed back out to fiat. And will await market confirmation before possible further investments. I’m going to lay out some arguments for both sides. First Elliot impulse cycle started in July 2015 completing in July 2017 650 days Second Elliot cycle lasted...

ecicic Updated 

quick update. We have completed a satisfactory ABC correction after 5 cycle Elliot impulse wave(check out my linked Ideas below). Ideal would have been 9350 to touch the 20period SMA on the weekly but as seen below this will do. It is reasonably safe to go long at this point of time. 100 period daily SMA was breached same as the other previous corrections, and...

ecicic Updated 

Trade active Target 1 350 Target 2 396 SL 225

ecicic

just a crazy idea, let me know what you think

ecicic

Breakout of down trend confirmed with higher high and higher low. Risk reward 5 to 1 125% potential profit. Target .00300 SL .00102

ecicic Updated 

BCH chart is beautiful and showing the true power of fibs. Trade is not active yet, as i need 3 signals to confirm. We are waiting for the EMA Cross. MACD and RSI already in green. Will update upon EMA cross signaling active Target 1 2700 Target 2 2890 Target 3 3400 Target 4 4300 SL 2170

ecicic Updated 

Triple confirmation on the hrly. Critical level to break is 16,200. T1 16,500 T2 17,600 T3 19,500 T4 26,00

ecicic Updated 

Short term top has clearly presented itself. Check out previous idea. Was correct in my assumption that we were in wave 3. Wave 4 turned around at .236. Wave 5 was slightly longer than wave 1 x 1.618 Caution is advise for opening new longs. As a note i do not short.

ecicic Updated 

Wait for Higher High confirmation which i have noted on the chart before going long.

ecicic

Seems like we are more likely to test 5-8k than not. Currently showing Head and shoulders. Longs are not advised. Check Previous analysis linked below for target levels

ecicic Updated 

I show two different scenarios with the ABC correction. In the green one the ABC completion is finished and we can start another leg up. Alternatively in the red if this is a huge broader sell off(less likely) and we just completed leg A we can go as low as 6k. Personally im bullish and believe we are more likely to continue up from this point making the Green...

ecicic Updated 

EMA Cross and macd cross on the 30. Still high risk trade. Risk reward 1.5, much smaller for target. Capital management is recommended, we have not cleared the woods yet

ecicic Updated 

Triple confirmation on the 30. Still high risk trade. Risk reward 2.8, much smaller for target 1. Capital management is recommended, we have not cleared the woods yet

ecicic Updated 

As a note, i do not short. Previous Long on LTC was successful and ended up getting stopped out at 342. LTC performed a perfect Elliot Wave. Now in ABC correction Phase. Caution is advised, and very wary of opening longs. wave 2 = .5 of wave 1 Wave 3 = 3.618 of wave 1 Wave 4 = .5 of wave 3 wave 5 = 1.618 of wave 1