rigorocks

rigorocks

looks like a minor correction is under way. my chart shows a short term potential play here. with a small push up to complete the wave 4. Wave 4's usually have 3 correct style waves aka an ABC. ultimately i show us getting dragged down to the 2.618 fib level that lines up with an area of previous support (green box). with that push down itll complete 5 waves and...

rigorocks

crypto is a new asset and sometimes you just need to go off of fibonacci retracement and extension confluence zones. i have found that down below at 175-180(the green box). the hourly oversold says we will get a bounce here but the fib confluence down below should not be ignored. thanks Rigo

rigorocks

Ontology on binance has formed this awesome pattern. Without too much price history your at the mercy of the pattern. it seems to be a bullish symmetrical triangle. either way set your alerts and when they go off be ready to go long or short. This coin has seen a lot of downside since its intro on binance to the usdtether. i wouldnt be surprised to see the bulls...

rigorocks

3hr RSI is way oversold here with fibonacci confluence at the current range. we have 5 technical waves up with an ABC correction coming. How low will it go? nobody knows, we need more data but its a shorting opportunity to the .236 and .382 fibonacci retracement levels. its unlikely to keep climbing too much further. time to scale in those shorts here. zoom in to...

rigorocks

this asset is trading very technically. i have it labeled us at the start of an ABC correction(in blue) into a wave 2(in yellow). the retrace entry point for a long position would be at the .618 ($30) and .786 ($24) retracement ranges. with a potential target up at $75. right now we are at a point where starting to ladder into a short position would be the best...

rigorocks

in this asset we seem to be putting in a elliot wave 2 of a bigger elliot wave set (in red). it topped out with 5 waves at the major resistance line (in pink).i would be looking to be a buyer at the .618 and .786 fibonacci retracment levels. it might take some time so alerts are important! the .382 retracement level is showing confluence of CURRENT price action....

rigorocks

This is a slow moving asset for patient longterm traders. it seems to have been "pumped and dumped" in the past and should be traded with caution. given the recent price action within 6 months of each other i am inclined to believe there seems to be some waves coming. on this daily chart it seems to be putting 5 elliot waves (in orange) of a bigger set (in green)....

rigorocks Updated 

Ethereum has just about reached the apex of the descending wedge. from the info gathered of the current price action we can now form a potential roadmap for ethereum short term.we seem to be putting in a wave 4(in yellow) of a bigger elliot wave sequence (in blue). the green boxes are elliot wave targets of fibonacci confluence. the short term box at $305 is...

rigorocks Updated 

All good analysts have a couple likely scenarios for future price action. I have built a case for the bulls here. with us already having 5 waves down on a 5th wave which is part of a wave BIG ABC correction. According to elliot wave the C wave always has 5 waves and that is demonstrated here. with macd and rsi divegence on this daily chart along with volume there...

rigorocks

Ethereum is finishing up a massive ABC correction or others may call it a WXY from its genesis point. to keep it simple we will just look at it as a giant ABC.it seems to be putting in a wave 5 of the 5th wave of a bigger C wave. fib extensions show confluence between $220 and $205 and the fib fan (not shown here because it gets in the way of showing other...

rigorocks

long descending wedge with abc correction inside a descending wedge. 1yr long double bottom