junghyun2006

junghyun2006

Follow red arrows initially. If the red arrows stop at the red and green dashed resistance and support, then follow the green arrows for the start of wave 5. If the green arrows do not break the $4980 resistance, prepare for a downward flat. Follow the purple lines and prepare for a 1.382 extension downward from $5000. Another analysis will need to be considered...

junghyun2006

BTCUSD could be forming a zigzag correction and the best places to place a buy order with best risk reward would be at the bottom of the channel or at the end of the C wave.

junghyun2006 Updated 

LTCUSD has hit the top of the channel resistance and appears to be finishing up its 5th wave. I expect a stronger correction to the Fibonacci levels.

junghyun2006

Based on my Elliot Wave Analysis, it appears that USDCAD is forming a Flat correction.

junghyun2006

BTC is near its ATH. I expect it to retrace before making new highs.

junghyun2006 Updated 

Eth is struggling to break the 315-320 resistance. Ethereum looks like it will short towards the bottom of the channel.

junghyun2006

Ascending triangle Formation. Can Long now or long at breakout.

junghyun2006

Quick analysis of ETHUSD short term buy

junghyun2006

After the LONG awaited channel break, USDCAD has been dropping relentlessly, but now it is entering the reversal zone. There may be more movement down if the support levels are broken. For now, we should expect it to either go long short-term, a bull run for the long term, or more strong downwards movement after the reversal zone is broken (less likely). S...

junghyun2006

After testing the resistance again, ETH is still looking bullish. It looks like it will reverse at the .618 fibo level and head towards the 300 resistance. I don't see it falling below $198-200 levels and stop losses should be placed there. Profits should be taken at around $300.

junghyun2006

Looks like LTCUSD will retrace to around $42-$43 range (618 fibo level as well as the 50ma(4hr) resistance). From this point we should see a reversal towards the upside to the next strong resistance at $51. Stop losses should be placed around $40, and profits should be taken at $50.

junghyun2006 Updated 

Bounce at .618, It looks like it will test the resistance once more.

junghyun2006

Divergence at 4 hour MACD, potential uptrend incoming.

junghyun2006

Good time to buy in, resistance at 4h 100MA and .618 retracement. Target at 1.618 extension