The green box can be start of a new bullish wave which can break of bearish trend line
I analyzed OGN from price action views before, Now this is my elliott wave count of this crypto. You can see it is in wave C of Y which is forming an ending diagonal . OGN will start a very good bullish move soon . I personally bought one step in 1.05 and put another buy limit order in 0.9 to 0.85 The next entry point is when the price breaks the channel top...
related to previous post in 1D time frame we can set two types of aggressive and conservative LONG positions based on 2H time frame. These zones are located by arrows.
Chart is obvious pullback to broken resistance near to bottom of ascending channel Positive regular and hidden divergence in MACD (RD + & HD +) and RD + in RSI near 100% ATP time xone and possible inverted AB=CD harmonic pattern and possible 5th wave based onelliot wave analysis see the entry setups based on 2H time frame in the next post.
I think Correction is not over yet. maybe we will see red route in btc.
Hi I updated last analysis about BTC. you can see previous post here: In that post, I said 3rd wave could be ended around 65 - 68 and now we see BTC reached to 64.8 and is falling. ( It fell down to 51.5 and now is around 55.5) if this is really its 4th wave, BTC can move down to 40 and even lower prices. it is better not to take longs until next moves become...
elliott: end of 5 of 5 of 5 of 3 around 65 to 68 and a harmonic pattern with end of D around 63 to 70 other signs: possible3 drive near the resistance line of bullish channel negative regular diveragnane ( RD - ) in daily and weekly timeframe. So if price action confirms a berish scenario in that area (like breaking of trend lines or moving averages, its...
A5 wave is completed. Go for short position (Sell gold) s.l: 1844 tp (s): 1824 - 1813 - 1803 - 1794
It seems BTC is forming an exact butterfly harmonic pattern. Its target is about 30 to 33 thousand dollars.
A significant possible bearish alt bat in gold. weekly and daily time frame. RSI id breaking its ascending trend. just sell if gold goes below 1840 with a good bearish momentum. targets are visible in the chart. ( 4 trade)
It seems a harmonic pattern like bearish ALT BAT is forming in gold (monthly time frame) May be it wil become bearish in next weeks. lets see what will happen.
it could be a good opportunity for bulls because of 5 of 5 of c of z of 4 ! 1H time frame: buy zone: 1.1625 - 1.1610 s.l : 1.1580
lets see how market reacts to this impulsive pattern in last steps of wave 3 and probable butterfly pattern.
Another view of previous analyze. link
it seems a symmetric triangle has ended 4th wave and we will go up by 5th wave!
It seems wave 4 is completed in form of a regular flat correction and wave 5 is starting by bulls !