waveaboard

waveaboard

No one can be sure what count it is but as i follow bitcoins path (scroll to find link to related idea) i expect link to fall little deeper. Well, i think bitcoin is in bull market and it will drop to 14k but i dont expect altcoins to drop as much as bitcoin. Regarding last rise i think that link is leading the (atcoin) market. Last few weeks we could see lot of...

waveaboard

This is path i have been following and i think it is best..Expect btc to dump further to 14k in wave A, wave B could lead us to new ATH and then wave C to aound 15k. Alts shouldnt fell that much and when bitcoin will be in C wave they will mo (in january)

waveaboard

Well, i think impuls is over and eth is making wave 2...i dont think this will last too long so i expect to find bottom very soon.

waveaboard

It seems like btc is replicating move from last bull...i expect btc to fell to 14k for wave A, btc to go to ATH for B wave and then fell again in C wave...after it i expect bull to resume.

waveaboard

Elliott wave at its best...you re welcome

waveaboard

Litcoin look like it broke up from that triangle and if so in medium term it could go to new ath. Dont forget to put stop loss!

waveaboard

Hi, it seems link as well alt coins should rise. From wave structure this is most logical count, although there are some bearish possibilities as well. Bitcoin is near ATH and maybe will correct soon but if it is a bull cycle (i think 75 % possible) then btc will fall more then altoins which will find support soon and start to rise a lot. You can find link of btc...

waveaboard

Eth is breaking aout to the upside that double inside formation. I it will not fail i expect to rise to 500-550 usd in 5th wave and then to dump. If then fells impulsively i will take it as C wave of larger flat. If then would fell correctively i would take is as wave 4. Cheers!

waveaboard

Hi, there is double double inside bar (candle) pattern on daily chart of ETH. Double inside bar is when price go back to back in next two bars. I found 5 patterns earlier (3 double, 1 triple and 1 hidden inside bar)....4 of them were were great to trade, 1 of them had 2 fake breaks...but conclude for yourself if you find them interesting or not to trade.

waveaboard

Btc to 12.700 first?

waveaboard

ETH has double bottom target of 600-650 usd and that could be taken in this wave...but there is also some expanding pattern possibility like it is on bitcoin already finishing

waveaboard

Hi, as said before, whatever the count link should go to 13-14 area. There should find resistance and fell with crypto market. If alt season will last longer (eth to 600-650 usd = double bottom target) then link could be on way to 17-19 usd and in that case big triangle pattern (green scenario) will again be my primary count. Cheers!

waveaboard

Hi, this is count if this was A-abc flat-and now starting C. But there are some other possible counts as mentioned in previous analysis. Most of them point towards 14. If this breaks below (and btc breaks below 13k) than we will try to find exit spot on relief rally. But, i think we have just bottomed and going up to 13-15 area. Cheers!

waveaboard

Hi, i think btc have 1 more leg up before deeper correction

waveaboard

Eth could be in double zig zag pattern...expecting bounce from 350 area to 440-450 where i would close position because BTC will very likely finish upward move so correction could start

waveaboard

Hi,this is my update on link. I think there are 3 possible counts that suggest there should be one more leg up. (2 types of ABC corrections and B of triangle). Till now my primary count was that link is in w4 triangle but now i am not convinced to that any more. I expected link to make more progress from 7,2 low if that is a pattern. It is still valid but there...

waveaboard

Hi, had to change my view...here are 2 scenarios ... Triangle is still in play..if it breaks below 3200 then pointing to 3050. (If it breaks will post one more bearish possibility)

waveaboard

Here are two scenarios that i think are most possible to roll out. Blue scenario: BTC is in the rhythm and if counting like that one wave is missing so we can expect one more push higher after which there comes top. There are more uncertainties about longer term with this count. Red scenario: Bulls would probably prefer this count because if this will be the...