We entered at 1220, exactly the bottom of the trend, and we sold at 1280. Now we need to wait for a confirmation of one of the two patterns playing out.
For sure that we can go higher, but I'm really looking for a small correction first.
IF ABC CORRECTIVE WAVE Min Target: 9300$ Main Target: 8400$ Max Target: 7900$ IF 5 IMPULSE WAVE Min Target: 8800$ Main Target: 7850$ Max Target: 6700$
Neo is finishing a triangle formation, let's way a breakout!
This is my current target for going long in the market. Waiting the fibo 0.382 and 0.618 to get some profit.
I was measuring the last waves and i was wrong. This is (maybe) the correct way to count elliot waves. Seeing this, i think that bitcoin is making a diagonal. Last target: 8200$
Following the waves, i predict that BTC is ending his ABC correction. I'm going long at 9300$.
BTC is braking a huge suporte line, but it can be just an ABC correction from the small bull run that we had.
I think i was not the only one waiting for a larger wave, but here we are. I'm targeting a buy at 213$.
Well, we are having a good bull run, but from my analysis, maybe we entered in a small ABC correction wave. Do you agree?
Following elliot wave we can se that maybe we need a bigger correction in the current wave. Double top formation? If it bounces higher than wave 1, then we are on track to wave 5. If it breaks wave 1, then we are again in a downtrend If it keeps rising, then we maybe are in wave 5!
- NEO has a perfect elliot wave count - RSI and MACD are bullish - NEO will have a great year
Waiting the big moment to enter the market again, but i'm still bearish. The chart is not 100% clear, but it has a high probability to happen (bear side).
LTC seems to find, finally, resistance! I would buy it only at 200$. Not much to say now.
My first chart analysis. Quite simple logic. Please, don't invest following this... I'm just trying to learn with the community! Good luck guys!