Basically.... This is the same chart as yesterday. I had move the one red line so people would NOT get fooled into thinking GREEN is a go. It is NOT a 'go'. We might still be in RED Scenario. And after RED scenario, we hit ANOTHER critical area if it plays out. I'm not feeling extremely hopeful right now. Volume seems down. Buyers are scattered.
We are approaching a time where TRX has to decide what it would do. BTC may decide it for us 'thou if it continues to fall. So keep an eye on it too. 6 Possible counts with 5 scenarios , starting from best-case to worst-case: ( Also MACD seems to want to cross, and RSI is staying in >50 area. All the counts are based on different Fib levels, depending on the...
If it follows an ABC correction, we might see it breakout now. If it follows an ABCDE correction, we will see it breakout a bit lower. I think the lowest point it will reach wi;ll be around 500 +/- 20 satoshi (area in yellow circle). Boll Bands seems to be closing up. MACD *might* have reached its downwards peak. (no confirmation yet). And buyers seem to be...
It seems it wants to make the ascending triangle formation. I mostly thing it will form one of the YELLOW Scenarios. Althought RED one might be possible if BTC takes a hit soon.
It already did 3rd Wave. Now it's in correction. S1)YELLOW WAVE Expecting a 5th wave to form soon if support of $12.6 stays unbroken. S2) WHITE WAVE - ABC Correction before 5th Wave IF S1 fails: Expecting a 5th wave to form on around $12 area. S3) If S2 fails - ABCDE Correction befor 5th Wave. 5th Wave might still start at about $10.7 S4) IF ALL ABOVE...
Imminent approach to $8400-$8470 is coming for bitcoin. After that, it will enter a critical area of huge proportions. Basically it can go anywhere from there. Personally, I WILL stay as far away from that area as I can. There are three major scenarios at play here: S1) GREEN ELLIOT WAVE It will reach 8470$ and bounce back up 'thus confirming the GREEN...
I was really curious how DJX might look like this days. So I made this. I hope I'm wrong - so take it with a grain of salt... DJX seems to have completed a Major Elliot Wave Pattern, starting from the 2008 Crisis. It's starting to show signs of a correction. I've put together 3 major scenarios: Starting from best-case scenario to worst-case scenario S1) GREEN...
See Related ideas for more details.
See related ideas for more info. Sorry. Past $13.8 is good confirmation of 3rd Wave.
Ok. I have to write this fast, because it's possibly just forming the 3rd Wave. At around $12.85 you might see a bounce back. If it goes much lower than that, 3rdf Wave might start at about $12. 1st Case: YELLOW 2nd Case: WHITE. WORST CASES WITH RED ARROWS. Both cases are predicted on this chart Good luck. It's already possiblly making EW. Confirmation at $13.7
Well, I haven't updated the Fib Circle for 3 days now, not even moved it. The previous 2 charts were flawless. (yey) For some reason, the previous chart was took down ( I think it was because I posted twitter link? No idea. But don't forget I got a twitter 'thou) so I made another one for today. The only thing I do on this chart right now is move around...
Charting made by application of Fib Retracement on a lot of scales, while overlaying them. NOTICE the candle time (3H). This is a VERY LONG play (days - maybe even a week), mostly done because I think I see a good EW pattern there. If you look at my previous charts you can see that BNB really loves Elliot Waves, that's why I see this as plausible. Legend: 1) In...
It seems a bit loaded, I know, But I had to dive in to see the little Elliot Waves on the last Major Retracement Wave. If it does not go into critical area and stay there for a bit, then it just might break out. But if it goes in there and spends some time, it's highly probable we will touch the last major support, again.. I'm staying very neutral on this one....
BNB seems to be making an (open ? - I really can't grip the word right now) triangle formation WHILE also trying to break the 11$ . Well, that's at least what it was trying to do before the Bitcoin Shakeuk which happned while I was writing this. So I guess it will stay in this triangle for a bit more. Showing Strong Support on 10 USDT and 10.3 USDT. If those...
Stoch RSI Is oversold at the moment. But MACD doesn't seem to pass yet. I would wait for MACD to move towards a crossover before doing anything. Buy: 18400-18700 satoshi. S/L 18000 - 18300 satoshi (depending on the buy) Safe targer: ~20,000 satoshi Greedy target ~21,000 satoshi
Well, for some tiem it hold around the 7500-7550 satoshi area. It seems like it might break soon. The minuette Elliot correction seems to be almost done. Possible Elliot points based on Fib Retracement are placed on chart. Buy: 7500-7550 satoshi S/L : 7450-7480 satoshi - depends on how much you want to gamble Safe profit 7700...
Well, as you can see on the graph, the price is pretty much blocked in the area of the Fib Circle shown. Until it breaks one of the circle areas, it might just bounce around the current Circle Area. Also, resistance and support level agree with this Fib Circle :) No Elliot Waves that I can clearly see on this one, so I'm not gonna add them. My personal order(s)...