Jusstinb

Jusstinb Updated 

The crypto bull market is over. Most bulls are still in denial or talking about a 'major cycle'. No.. I will just use text book simple TA to explain. See for example weekly chart of #LINK one of the major coins: 1. Long term uptrend broke. 2. First sell-off 3. Back to normal 4. Lower highs 5. Distribution range (wyckoff market cycle) 6. Lower high in range 7....

Jusstinb Updated 

The S&P 500 shows a broadening formation. On the weekly chart we see huge negative divergence on the RSI(14) indicator. A major correction is coming up...

Jusstinb

Bitcoin is ready for a second correction to 5000$ which will be wave C of the ABC correction. On daily Bitcoin finished wave 5 of the Elliot Wave principles last week with a top around $7900. 5000$ will be support from the old top.

Jusstinb

Groestlcoin just made the correction wave 4. We hit bottom at 0,618% fibonacci around 0,55. This is also the top of wave 1. According to fibonacci wave 5 will reach 4,2 which is around 2$.

Jusstinb

If we see a reversal candle around 1,32, I will short GBP/USD. It will find resistance here from confluence zones from fibonacci. The target will be the daily uptrend line. This trade offers a great risk/reward.

Jusstinb

If DAX breaks out of this triangle I expect it to go down till at least 12800. Target of the triangle and fibonacci. Also we have a gap to fill in that area.

Jusstinb

I upload this Chart of daily Bitcoin. This is what I expect to happen with bitcoin according to elliot wave. When we are in Wave C I will update you guys when I am buying for the train to $10k. :)

Jusstinb

EUR/USD ras room to rally rill 1,18250. Around that zone we will have big resistance from fibonaccci levels. I marked it with the green box. In the green box I will take profit and look for short opportunities.

Jusstinb

Bitcoin has broken the uptrend. I calculated some targets to the downside. First support will be around $5100. I expect bitcoin to go lower.. till $4590. Why do I expect this fall and how will it go? This was wave 5 of the daily uptrend. Now we will see an abc correction. So one wave down, then one up, and one final wave down.

Jusstinb

IOTA made two hammers around the 0,786 fibonacci. It is time to buy IOTA. Target will be at least around the old high 1$.

Jusstinb

Stellar Lumens made a break out again after the correction. We should see 0,06 soon again.

Jusstinb

Bitcoin made a correction but recovered fast. If it breaks above this resistance line I expect a new move upwards. Targets: 5940$ and $6190. Stoploss: 5500$

Jusstinb

If EUR/USD breaks below 1,185 I will short is. I take profit around the fib levels.

Jusstinb

We see a falling wedge on the eur/usd chart. This is a bullish pattern and breaks upwards most of the time. In the chart you see some arrows of possibilities. Anyhow, we have to wait for the break out before we will know what will happen. Scenario 1: EUR/USD breaks out today. 1.185 will be the target. Scenario 2: EUR/USD goes down a little bit again first...

Jusstinb

NEO is still in an uptrend. From this point we can expect a new rally till the resistance on 39. If NEO manage to break above 39 the next target will be around 53$. If you have position you can hold. If you don't, you can buy now with 10% risk and a nice reward of about 70%.

Jusstinb

Stellar Lumens broke out of the flag from this weekend. Ready to go till 4.2 of the fibonacci.

Jusstinb

AEX looks like a broadening top. I prefer some pullback and gapcloses around 537 and 533.

Jusstinb

EUR/USD can recover till around 1,182. Then I Expect a new drop till 1,165.