Bitcoin pump for a 2nd wave and than prepare to dump for a 3rd wave!
This is my trade plan for Bitcoin. Wait to break up the red slope trend line and enter short with 2 targets 16000 and 15500 and Stop lose above 16800. Watch also related idea!! Good luck! I will post updates on this trade soon as we have more price action.
I am expecting Bitcoin to fall into the zone of June 2019 high (14000) to end this ending diagonal 5th wave.
Bictoin bullish and bearish scenarios. Bullish scenario: Bitcoin could go up correctively with an extended flat pattern if the formation in the ellipse is a 12 12. The confirmation of this scenario could be if Bictoin breaks above 17500. Also look at the realted idea for the bullish scenario. Bearish scenario: Bitcoin could go down if this correction is a...
Fantom may drop soon to end a 5th subwave from a 5th wave of a C wave from an extended flat correction that probably is wave 2. What I expect next is a downward movement of the price to the 0.1455 zone marked by fib projection 3 vs 4 that you see in the zoomed picture of the last price action moments to complete this 5th wave from an ending diagonal . I think that...
Solana may continue to the downside after ended a runing flat correction! Wave B hits 1.236 fib extension of wave A and wave C hits 0.618 fib projection wave A vs wave B. Clear invalidation if price goes above wave C (15 usd). Good luck!
No clear direction for BNB as we may have an X wave for a move to the upside or an ABC correction to retest the bottom of the 183 - 336 range.
Bitcoin may be into an ending diagonal. It may go up to retest previous broken support and this move fits perfect for a 4th wave (0.382-0.5 fib retracement of the 3rd wave). I am waiting to catch it in this zone for some short trades. Good luck!
I dont think Litecoin ended his correction from the macro view and will turn to the downside soon! The corrective pattern that I am watching for Litecoin is a wave 2 flat starting from december 2017. Recently move to the upside may be a 4th wave from an impulse C wave that forms flat pattern. Also this 4th wave may go to 102 before turns down to end this flat C wave.
Bitcoin could be in a corrective wave of the extended flat type and the first indication would be the fact that the price had a bounce in the 1.236 Fibonacci extension of the red wave A and we could assume that this is where the red wave B of this flat ended and would follow impulsive type C wave. I am still not convinced by this count, but if we have a break of...
Nice impulse to the upside after a flat correction for INJ. Expecting a 3rd wave here at lower degree. I will play long for this impulse with SL 2.55 and TP 3.24-3.32 range. Also we may have an extended 3rd wave here but I will update the count when I will see more price action! Good luck!
Expecting a 5th wave on RSR with target into the 0.0845 - 0.0882 zone and than we may have a correction. 1st wave a leading diagonal 2nd wave a WXY correction 3rd wave ended into the 1.618 fib extension W1 vs W2. 4th wave a zigzag correction.
This is my trade setup for Ethereum. I am expecting to see a bounce into the 1423 - 1463 range where I am expecting to end this 4th wave (an extended flat correction) and I will enter long for 5th wave. Stop lose under invalidation level or use a tight stop at 1400. Good luck!
Fantom shows potential for growth and I expect the price to reach the 2.55-2.64 area. At this moment we are in the structure of the 3rd wave of the higher degree (black count), more precisely, I think that the 3rd subwave (red count) of the 3rd wave (blue count) of this 3rd wave of the higher degree (black count) has just finished ) to be finished and subwave 4...
Ethereum going up with an impulse that may be a wave C from an extended flat corection, or a ”dead cat bounce”. I think we are at the end of 3rd wave as the price hit 1.618 fib extension 1 vs 2 but price may go a little bit up to end this 3rd wave if it will be extended. I will update the count for 4th and 5th waves after we see this 3rd wave ended. Watch also my...
Expecting a move to the downside for SNX and this is my trade setup. Short entry below 2.200 with stop lose above invalidation line and take profit at T1 and T2. Probably we have a zigzag patern with a leading diagonal for a wave A and a flat coorection for wave B. Now we are into wave C with wave 1 and 2 finished. Good luck!
Aave probably finished an abc correction to the upside and now made a leading diagonal tot the dowside that may be a wave A or 1. Price was rejected on 0.618 fib and this may suggest that wave B is over. Target for wave C is into the C box and for a 3rd wave is into the 3 box. Short entry at 81.00 and stop lose above invalidation level. Good luck!
Ethereum may go up with an impulse to end an expended flat correction . Wave A that may form flat pattern is a zigzag with wave B a triangle Wave B that may form flat pattern is a zigzag also but with wave B a complex correction WXY. Also wave B it pass below starting point ot wave A. Wave C We have 2 waves (2 ABC) and now I think we have a wave 1 from an...