Hello traders, I want to share this new triangle that is forming in the 15m-30m timeframe. Triangles are often misnamed 'unbiased' because no one is sure which side the triangle will break, up or down. In Elliott waves, this question is easily solved: triangles only indicate continuation and are only allowed to happen in 2 situations. The theory says that we...
Hello traders, today I'm going to post an interesting wave is unfolding in BTC/USD. At the price we are now, it looks like the bears are not done with the bulls yet. We should be bottoming arround 38k-37k where I set my buys with a huge potential to the upside and a very low risk opportunity. SL for this entry should be up to 36600 and the target is set at...
Hello friends, a few days ago I published an analysis of XRP, and I have modified my analysis to the new narrative, in my previous analysis I believed that XRP was bottoming out at 0.86 This buy setup gave us a BE entry after activating my buy order at 0.85ish x/2VcjBq63/ Days later I see that it is forming a bearish triangle whose trajectory is defined as...