jurgenwellens

jurgenwellens

After comparing several ALT's that had not yet reached a new ATH, I concluded that the correction for those crypto's was not over yet. I then started my TA using Elliott Wave's and fibs to come to the conclusion that the C wave of the correction is now in play and may bring this crypto down to its 236 fib. The C wave count does not have to be an ABC, it is too...

jurgenwellens

In my TA based on Elliott Wave theory and fibs on daily long term, I was always having troubles finding the correct count for the "bullish" actions between March 2020 & April 2021. So I re-evaluated my count to a corrective long term one and now the numbers add up. I believe the cycle wave 4 is still in play and we are still in a corrective situation. For...

jurgenwellens

While performing some fib retracements on the long term chart I seem to have discovered a trend that seems to reoccur. When you take the fib from the 1st wave and combine it to the 3rd wave, you will find the 5th wave extends to the 1.854. I am showing 4 examples in this graph, but have found several other examples of this in smaller scale. If we take the 1st...

jurgenwellens Updated 

My personal opinion is that XRP may still go down one last time before starting a pump up. Last buying opportunity below or around 1$ before shooting up? (Not financial advice, just my opinion)

jurgenwellens

I waited to post this as I wanted to be sure on the count for the A wave down. Possible scenario that I see currently. 5th wave down will start and bring us to the end of the A wave to about 0.30$. After this the B wave will start going up to about 0.45$ - 0.465$. The last C wave will bring us down below 0.20$ and potentially to 0.165$. P.S.: The market sure...

jurgenwellens

I expect that 4th wave correction is finished and that the 5th wave is starting. Probably we will have a highly volatile weekend ahead. My personal prediction would be that it goes between 0.74$ and 0.8$, but since this is the last wave of both cycle's, this could very well overshoot to ... This is my personal opinion and not trading advice, I am not a...

jurgenwellens

I believe that XRP is still in correction. I am expecting a move up towards the 0.55$-0.6$ range before moving down again towards the 0.3$ range and ending its correction. After the correction, I expect an impulsive move upward!!

jurgenwellens

I believe the end of the correction is in and we might see the start of an upward movement towards the 0.60$ region. Please do supply your opinion on this matter. (Updated my corrective wave count)

jurgenwellens

Just a thought on the XLM correction that is happening. Not sure where it could go to in the last intermediate C wave. Could go below the primary A wave. After this I expect an impulsive wave to take it above 0.60$!!

jurgenwellens

Just a thought on large scale Elliott Wave theory. As we could be at the start of the 5th wave supercycle, this could be the most impulsive one yet since now we see the financial institutions and the world economy stepping into crypto!! Again this is just an assumption.

jurgenwellens

This is another possibility regarding the last dump. Possible uptrend till just above 0.35$ followed by the dump to below 0.20$. After this I believe the correction will be finished and the 5th wave can start which could be parabolic.

jurgenwellens

I suspect the last wave of the correction has started and this could take us below 0.20$.