Haven't been active in a while but a friend asked me to chart BTC for s**ts & gigs... figured I'd share seeing as it supports your Head & Shoulders insight... hope BTC builds momentum & volume for 2019... happy trading guys!
ZCLUSD fib retrace to .618($130) & .786($110), RSI break below 30, MACD cross to neg & points south. Red wick has broken .618, ZCLUSD should begin to climb soon. 1st resist @$175 due to prev structure, 2nd resist @$245 prev ZCLUSDATH & 1.272 fib ext. ZCLUSD spiked $160 1/4-1/7. By fork/snapshot on 2/28, ZCL conservatively could be $245-305, however FOMO is a...
What's up guys... pretty simple look at ETHUSD here... Elliott Wave 12/9-1/13 w/an ABC Retracement... I waited to post this graph, as I've been monitoring ETHUSD progress through the cypher pattern I've drawn up here... As we can see, ETHUSD continues to follow BTCUSD and the rest of the market as it follows the second downtrend triangle of the cypher... So the...
@Jaimecm ... You could be correct, this might not be a perfect Elliott Wave. I did go back and zoom in on the 1, 2 wave and it only retraced to the .5 fib ret mark but then again it's a moot point as I'm back to the drawing board due to TRXETH correcting further than expected and is currently at .00007 ETH. I can see now that I fell victim to analyzing with too...
5 Step Elliott Wave 12.10.17 to 1.13.18 followed by what will be an ABC Elliott Retracement forming a cypher pattern that depicts the following... -AB Leg, hitting pitstops/resistance at $1,000 and $1,100 before stalling at $1,250 and falling into the BC Leg -Just remember that the BC Leg is SUPPOSED to drop dramatically in order to grow us to new levels, strong...
Let's review TRX for 1.18.18... The US East Coast woke up to the completion of a 5 step elliott wave at 7:15 this morning. Within 4 hours, the Elliot ABC retracement had run its course and set us up nicely with a cypher pattern that meets all necessary criteria... ie the A leg hitting the 618 fib ret and the B leg hitting the 127 fib ext... TRX is now on it's way...
Proven to be a pillar, ETHUSD has just completed it's strongest upward trend by completing the 5 number Elliott Wave and a 3 letter retracement over the course of the last month. I believe the "C" line finished dropping this morning due to an aggressive fallout of the RSI with "oversold" being exploited, not to mention briefly breaking the psychological $1000...