ADA has just completed the first subwave pullback in wave 5 of this Elliott impulse movement. There was a long wick down which was rejected by the bulls so I added to me long here.
RSI bullish divergence, MACD bullish crossover, price currently at the lower trendline. If you don't buy here where do you buy!?!?!
I am superbullish for binance coin BNB in the medium to long term. Essentially it is a bet that the Binance exchange will grow and I have high confidence in this due to reports that they received 1.5m registration attempts in a week and had to stop accepting requests while ensure their systems could cope. The CEO interviewed with Bloomberg (search on reddit...
I am invested in EOS and copied this idea from user: Cryptocaf
Looking for signs of a reversal of this bear trend in BTC
I am an amateur elliott wavist so this might be total bollocks. Just trying my hand at understanding where we might be in the current cycle.
Price currently hovering around the 50d MA and MACD about to turn positive on the 4hr chart (sometime in the next 8-12 hours). I am buying ahead of the herd for the next move up.
OMG new ATH in dollar terms. Sold at the top on weakness looking to reenter at the first Fib retracement level
Looking for a bounce from here, series of higher lows on multiple timeframes and it has retraced to support (bottom yellow horizontal line)
Inverse HS on the chart looking for support and bounce from 2450. If it break below 2450 with volume ....watch out below!
Copper rose from 2100 in Nov (immediately took off after Trump election speech of "massive infrastructure spending") to 2800 in Feb. Known as the "reflation" trade which of course is all bollocks. A 30% move based only on "expectations"!! The market started to realise the reality in mid Feb and Copper has been slidding since. This is a great entry point for a...
Blue area shows support and a breakout below this area has confluence with the Fib 0618 and the base of the descending triangle. If it breaks out I expect a strong down move. Fundamentally NZD has had strong economic numbers recently while AUD depends on China and commodity strength which I am bearish on.