rigorocks

rigorocks

It looks like price is just working it's way down to the golden zone, 78.6 and 89% fibonacci levels. I have the green boxes highlighting algorithmic confluence areas. I would like to see price come down to the 78.6 and 89% level while simultaneously building 4hr and 1hr rsi divergence.

rigorocks

we have a basic ABC correction in blue.. We are attempting to put in the the 5 waves down for the C wave. algorithmic confluence is down at $175. our big golden zone is waiting for us down there at 175. we just broke out of the symmetrical triangle which is usually a continuation pattern.we are trying to build 4hr rsi divergence for a long position now. sorry i...

rigorocks

It's very important to zoom out and take a step back into the daily and weekly timeframes every couple days. The way this triangle is forming it's starting to look like a continuation pattern to the upside. My elliot wave count in yellow shows my new primary count for now. We see that the wave 3 has retraced to the very technical 38% fibonacci level. That along...

07:43

rigorocks

We have a chart request from Raimis12 This asset is looking like it had a nice run but with the recent weekly rejection candle it looks like we will now be correcting our 5 waves that we had to the upside. i don't see why it wouldn't be a good idea to take the long at the end of the retracement. the retracement could take us to 78 percent but it could pay off big...

19:29

rigorocks

After getting in some new price action i show my primary elliot wave count with a potential roadmap. I do show the bearish view as well because its very import ant to keep both in mind at all times. If you have any suggestions or comment please post them below or send me a message thank you guys and gals for your valuable time. rigo

20:14

rigorocks

Hey guys i did this video analysis for bitcoin because we saw a decent sell off on ethereum today where we couldnt get above the recent high at $290 before we sold off. well bitcoin is the big dog on campus so if it gets hurt it takes us all down with it. please see my WXY corrective structure on my ethereum chart that i posted to follow that setup. So as far as...

rigorocks

Ethereum is at a crossroad right now. Will we see a WXY correction (in red)? Or will we go up for to complete 5 elliot waves around $325 before coming back down? The daily rsi says we pop up one more time and we have algorithmic confluence up there at $325. The daily macd has not crossed yet.if we break $.01 cents above $290. Its very likely we will get to $300...

rigorocks

Real quick If you took the short trade with me at the golden zone, It may be wise to start taking some profits here.we dont have daily rsi divergence so technically the bulls are still strong. Be cautious bears Good luck Rigo

18:28

rigorocks Updated 

hey guys, This video was intended to be a video analysis for NIO but quickly turned into a full blown elliot wave educational video for a follower of mine peterpecker. i go over fibonacci extensions and retracements and quickly on complex corrective structures and some rules as well. this is a quick look into elliot wave theory. I didnt go over it in the video...

19:56

rigorocks

hey guys In this video i break down this asset to give us a potential reversal zone. We are beginning to see the weekly rsi beginning to diverge along with a macd cross, both on the weekly timeframe. Ideally we would like to see a doji or hammer weekly candle to tell us the bottom is in..i did get cut off at the end but ill be explaining elliot wave and...

19:08

rigorocks Updated 

this is my detailed video analysis on ethereum, please remember to always use your own analysis 1st and only use mine as a guide for your own. i go over the detailed elliot wave count of the current price action and where we could possibly see a top on ethereum. i am bearish until we break the $375 top that we established june of last year. if we break above $375...

rigorocks

Hey guys Ill be doing a video analysis later. Ethereum on a bigger timeframe is starting to find resistance.people are taking profit and the shorts are starting to roll in.We are coming off of the 89% fibonacci level down below and we are working our way up to the golden zone. We are getting close to that golden zone which happens to be at the $275 psychological...

16:42

rigorocks

technical pivots for algorithmic targets were met and i build a picture of what we could see in the near future for facebook thank you for your time guys. if you have a request for a video analysis please comment below or send me a private message and i will be happy to help you out free of charge rigo

12:07

rigorocks

Do you buy bitcoin or altcoins? the question all crypto enthusiasts ask themselves at one point or another.This chart give us a little information on the correlation between the two "sectors" As the bitcoin dominance chart begins to pullback, and people begin to trade their bitcoin for altcoins, we can expect the altcoins to start seeing more green days. I plan...

20:04

rigorocks

I do my best to give you guys the bull and bear scenarios for this asset. we need to lay out both scenarios to make an educated trade so i use elliot wave, fib retracements and extensions to try to figure this thing out. Gold being a potentially big player as the us dollar becomes less relevant on the world stage moving forward. Definitely one to watch as the us...

19:32

rigorocks Updated 

we go back to the genisis point to establish a valid elliot wave count that brings into today. after finding a roadmap that brought us up to speed I lay out a possible roadmap for this asset using some fibonacci retracements and extensions alongside elliot wave. i wanted to add to some of the other anaylsis ive seen on the asset. i hope this brings a different and...

18:09

rigorocks

this is a video analysis for a personal friend of mine. its a rather ugly chart because of the low volume but nonetheless i do my best to lay out a potential roadmap to where this chop could be headed. id like to think this asset wont go back to nearly 0 from a high of $700. This chart is a very good example of how important it is to have an exit strategy on...

18:24

rigorocks

hey guys we have a request from raimis12 on this analysis. I take us through the bull and bear scenarios in the recent price action plus very quick look at what i think about the bigger timeframes. i use elliot wave, moving averages, fib extensions, rsi to paint a picture of what we may see play out thanks for checking out my work. good luck and happy trading rigo