Just wanted to point to the volume bars, you will notice the 3 bug areas of volumes before or during the move, notice a difference on the latest volume? something doesnt add up, might be wrong but with a low market cap of total crypto market, doesnt look like it takes much to move a crypto at this stage. just highlighting some precaution
Found a running flat which is complete or alternatively about to complete by one more wave up before more down side within minor abc corrections and larger WXY/ending diangonal. If the initial yellow line flat is correct then we will see more down side on vertcoin too. target potential entry levels along the bottom green line however i do expect this bottom line...
XEMUSD looks like its creating a falling wedge/ABCD move donwards as well as many of the coins. Typically we can see a spike through the bottom wedge line before the run up. We may have some more upside if this doent go down to the $0.10c level now however as per the chart we should see the $0.10c mark at some stage soon. The pattern is incomplete at this stage...
BTCUSD,... dont panic just yet, since noticing a otential Cypher on Ripple i wanted to reassess BTCUSD and see whether it could also have a similar pattern, guess what, Wave B to the dot touched 168Fib ext and reversed showing a strong sign of a bullish pattern. Last leg of Cypher coincides perfectly with out previous trendline and looking for a strong bounce...
XRPUSD made a nice move up, extended just touched the 168fib of wave A, perfect pullback right down to 78Fib level. Perfect high RR entry. Looks like we might be having a common pattern evolving here and providing some confidence that BTCUSD last low was actually in?? CRYPTO looking positive again, lets see how this goes. SL at last swing low
As part of this longer consolidation there is a more complex WXY pattern to play out to 61,8Fib level which means we are now sonsolidating for the final move to 61.8 on daily TF. This ties perfectly with 1.0 ext of the W wave and the 61.6 retrace level of the larger time frame down move. White box looks like the sweet spot? Any pullbacks long till 61.8 level then...
GBPUSD has been steaming high however we can see a C wave ending diagonal forming right at the top where the 38Fib retracement of the last daily complete move. The 38Fib hasnt touched yet and still got to go a little higher. My view within this final top is that we are making a flat within the diagonal to make one more push up, touch the 38' Daily Fib retrace and...
EURAUD is at the bottom of the upchannel and broken out. Just making a little pullback and ready for a buy back to the top and potentially break through the top.
EURGBP within channel at moment however i can see a pattern developing to the upside and hit our 61.8 where we will find a nice sell entry for the ig longer term sell to the bottom
GBPCHF, We have 61.8 retracement last week perfectly on the weekly charts. Whilst we are moving within a channel on the 3hrs charts we have a perfect Cypher just missing the 161.8 breakout of A wave. Both timing perfectly for a big sell setup. If we break then top of this last swing then the pattern is invalid however if your aggressive you can take it now with SL...
Update on the larger TF analysis from some time ago. AUDUSD had reversed from the bottom and shot straight up. We are now almost right at thetop of the Weekly Pullback channel and looking for a big reversal. Top of the trendline also lines up with 50% on Weekly TF. If we see a big push down, AUDUSD looking at previous lows again and potentiall the last wave 5 to...
We have a nice low risk righ return setup on USDCHF. Either we move up from here at the 78% retracement or 88 fib. Looking for min 100% extention as first taget and may move into a big 5 wave structure to come far exceeding these targets. We should see the move today and take 1-2 weeks to play out. This nex impulse should be fast.
OMGUSD made a harsh pullback. Unfortunately im anticiapting its continuation to finish the pullback, too hard to ignore but hope this doesnt play out. In short term we can expect to see a move up to the trendline, hopefully it breaks through and confirms a triganle breakout as oppose to this analysis. Good luck.
XEMUSD has made a 5 wave pullback structure right down into the buy zone, major resistance within this area, wave counts within chart which show the first major wave of a massive run to come.
Been trying to analyze ADABTC extensively to get better understanding of where in the cycle it exactly is. To be a valide wave 3 it needs to extend to 1.68 fib, yes however we dont have the next higher wave which leads me to beleive we are on wave 4 right now and still need to see the 5th wave before the ABC cycle completion. Wave 4 has retraced to 61.8 of the...
DGBUSD made the inital first wave move, retraced back and bounced off the 78% retracement. Ready to enter, trade active already with 400% gains on first target and more if your holding long term.
QSHBTC, the world book for exchanges liquidy, wouldnt this be great if it was just ready to deploy right now with all the nonsense from governments and maniupulation! My view is we have already made the move on Wave 1, made an expanding flat and ready to make the much larger Wave 3 for QSHBTC first big cycle run. Its interesting to see the more complex wave...
Update to our previous REQBTC analysis, previously we had an ABCD retracement which has now turuned into an expanding flat and looks ready to go. This is the completion of Wave 1 and 2 and rwady to move into our largest 3rd wave for this first cycle. Trade still valid and running, no stop loss hit, target still valid. Great long term investment which about to...