DISCLAIMER: I just want to make clear that I'm fairly new to this market, so any opinions and advices are welcome! This could all be wrong but lets hope not! :)
After doing all 5 Impulse Waves Bitcoin must retrace and do ABC (according to the Elliott Waves) The A point should be near the Neck Line, B should be "the same" as 3 and finally, (according to the Elliott Waves Rules) C must be near the low-point of 4.
After doing the ABC Bitocin will bounce back up
Once again to wrap things up, this is MY opinion! Don't take what I say for granted!
Have a nice day.
After doing all 5 Impulse Waves Bitcoin must retrace and do ABC (according to the Elliott Waves) The A point should be near the Neck Line, B should be "the same" as 3 and finally, (according to the Elliott Waves Rules) C must be near the low-point of 4.
After doing the ABC Bitocin will bounce back up
Once again to wrap things up, this is MY opinion! Don't take what I say for granted!
Have a nice day.
تعليق:
I forgot to add that point 4 and point C might be a double bottom pattern which indicates a trend reversal thus meaning that BTC will do 12345 (uptrend) after bouncing on C! (This is MY opinion! Don't take what I say for granted!)
تم فتح الصفقة:
Bitcoin is at the moment at $13.350. It broke bellow my point A it is now near the range of point 4! That means point will be BELLOW my TA and so will be point C.
Lets hope for the best!
Have a nice day.
Lets hope for the best!
Have a nice day.
تعليق:
1Day candle Low was at $12.100 lets see where it closes. I’ll try my best to keep this Idea updated!
تعليق:
2 Fib retracement broken (0.236 and 0.382) next ones are at 0.5($11.086) and 0.618($9754).
Head and shoulders are no longer possible since point A broke the neck line a while ago...
Point A should close on the range of point 4 thus making a double bottom (if C does the same we'll have a triple bottom) meaning the correction is "almost" done.
2 Fib retracement broken (0.236 and 0.382) next ones are at 0.5($11.086) and 0.618($9754).
Head and shoulders are no longer possible since point A broke the neck line a while ago...
Point A should close on the range of point 4 thus making a double bottom (if C does the same we'll have a triple bottom) meaning the correction is "almost" done.
تعليق:
BTC reached the 0.5 support and came up! Good sign!
تعليق:
A is done (in my opinion) we now have to wait for B (good sell point for those who still have BTC) and then C (point to rebuy BTC) I'm holding my BTC until this is ALL done, because after the ABC comes a new 12345 cycle! Let's see if we can finish 2018 with BTC going to new all time high's
A is done (in my opinion) we now have to wait for B (good sell point for those who still have BTC) and then C (point to rebuy BTC) I'm holding my BTC until this is ALL done, because after the ABC comes a new 12345 cycle! Let's see if we can finish 2018 with BTC going to new all time high's
تعليق:
BTC is already heading back to $13.000+ which (I'm almost sure of) means A is done and now we are heading to B (maybe at 0.236 or 0.0 Fib numbers) after B we are left with C and then the "crisis" is all over (we hope).
تعليق:
Point A closing near the 0.236 line would be very nice! We need to wait for the candle..
Point A closing near the 0.236 line would be very nice! We need to wait for the candle..
تعليق:
This wave could also be the last wave (Wave C) since we are working on a timeframe of 1 Day candles it can make us feel 'confused'. We know that the ABC correction must end near the low of wave 4 (According to Elliot Wave Rules), as we can see after getting support at $11.159 it went back up near the value of point 4... Or I'm just wrong and this is still the A wave and it's still not done...
This wave could also be the last wave (Wave C) since we are working on a timeframe of 1 Day candles it can make us feel 'confused'. We know that the ABC correction must end near the low of wave 4 (According to Elliot Wave Rules), as we can see after getting support at $11.159 it went back up near the value of point 4... Or I'm just wrong and this is still the A wave and it's still not done...
تعليق:
It's hard to believe this is already wave C, because of RSI and MACD... So this wave is most likely still wave A... More to come.
تعليق:
Yesterday candle reached 0.5 Fib support but it closed way up at 0.236 (Like I predictes at first TA)
IF this wave is still A everything will go as expected, we'll have to wait and see if BTCUSD breaks the white support at 0.0, if it does it will go up!
Yesterday candle reached 0.5 Fib support but it closed way up at 0.236 (Like I predictes at first TA)
IF this wave is still A everything will go as expected, we'll have to wait and see if BTCUSD breaks the white support at 0.0, if it does it will go up!
تعليق:
If we look at EXCAVO 8H chart we can also think that this was already wave C...
We'll have to wait to see where this 1D candle closes, if the 0.0 Fib resistance breaks it could mean this really was the last wave... Let's wait.
If we look at EXCAVO 8H chart we can also think that this was already wave C...
We'll have to wait to see where this 1D candle closes, if the 0.0 Fib resistance breaks it could mean this really was the last wave... Let's wait.
تعليق:
RSI and MACD also show some 'power' at EXCAVO chart.
It's possible this was C wave because it ended near the 4 area, and according to Elliott Wave Rules that is what is supposed to happen.
It's possible this was C wave because it ended near the 4 area, and according to Elliott Wave Rules that is what is supposed to happen.
تعليق:
At 1H timefram Tenkan > Kijun > Cloud, the candles already broke out of the cloud (upwards) in only 4 hours. Strong!
At 2H timeframe Cloud > Tenkan > Kijun and the candles are heading to the cloud, lets see what it does when it reaches.
At 3h timeframe Tenkan = Kijun (its crossing, good sign) the candles are heading for the cloud (candles > Tenkan and Kijun)
تعليق:
3H TF Tenkan > Kijun, good sign!
3H TF Tenkan > Kijun, good sign!
تعليق:
We were looking at Wave A and B... In my opinion Wave C is still missing...
We’ll need to wait, later I’ll post updates.
Have a nice day
We’ll need to wait, later I’ll post updates.
Have a nice day
تم حذف الأمر:
BTCUSD doesn't follow rules and at this time it is hard to do TA..
Trade safe!
Trade safe!
تم إغلاق الصفقة يدويًا:
BTCUSD doesn't follow rules and at this time it is hard to do TA..
Trade safe!
Trade safe!
تعليق:
16.0k broken, is this the end? I don’t know... let’s hope so..
تعليق:
New TA!
New TA!
