Ftradorex

Ftradorex Updated 

Chart made a simple u−turn toward a midle low peak of a HH peak. Big waves (w−z) still ongoing. Even so, I'll start selling now to take the first bearish wave. Fibonacci is on a LL and midle HH. This is a strong fibonacci support if chart bounce on the 100% level once so then it reaches 288% or even 461%. I'm using it for reversal prediction.

Ftradorex Updated 

Elliot Wave finished forming the A of ABC correction just on the fourth wave of giant minor E.W. D1 t.f.. Two sets of abcde waves finished and builded a complete smaller abc correction, giving open doors for a bullish momentum. Trend still can continue until 300% of E.W. fibonacci. fibonacci is between the 0 and 2 of E.W., starting from 50% instead of 0. It...

Ftradorex Updated 

BTC is bearish but freezed as if it's in an accumulation state. If it keeps bouncing up, bullish scenario should appear to make few volume corrections left behind. High volume candle needs to be corrected.

Ftradorex Updated 

ABC correction of recent downtrend in progress. Current bullishtrend should reach at least 37.6k. A from ABC correction hits double top. This is for better structure. Triangles show resistance and weaknesses of chart progression. The current triangle should be repelling it, making chart go more directly toward objective. The w to z waves are to identify a...

Ftradorex Updated 

HH peak settled on H1, make first cup pattern (reaching 200% zone of reversed head and shoulders), completed a rational two (to three) wave sets of abcde, and, if chart wants to complete a tripple peak pattern hitting a diagonal resistance, it can even complete the triangle showing end of accumulation and start of distribution, breaking the zones below, reaching...

Ftradorex Updated 

After seven bullish minor waves in H4 t.f., later on chart reached 65.5k with a HH shadow that hits 300% of previous candle putting fibo. inside of it, on coordinates 64500 and 64k. The red parallel channel shows where chart feel atracted. Combining this aspects I can assume chart will go bearish for the moment. Later on, it should reach 57k at least, completing...

Ftradorex Updated 

Finished bullish Elliot Wave. Sideways should take half of bullishtrend, top of recent bearishtrend, create weak bullish candles or pass resistance and crash down. Can form a triangle pattern. If not, it can do a cup pattern. tip: use a to e waves to know sideways structure end. You can start it from lowest peak and set two more for structure...

Ftradorex Updated 

ABC correction finished. Short Elliot Wave reached 300% of fibonacci. Bullishtrend has been progressing. Waiting for the fifth peak of small E.W.

Ftradorex Updated 

ABC correction finished. Waiting for bearish E.W. to form and become part of the triangle pattern. Triangle pattern is made by the Fifth peak of an E.W. and ABC correction. Fibonacci (on H4) is put between peak 2 and peak 0 of E.W. . On H1 it is on peak 4 to peak 2. It is like this because from peak 2 to peak 0 fibonacci 300% is too low. Note: whales are...

Ftradorex Updated 

Actually, it was difficult to get the gasp of using Elliot Wave on this kind of chart because it didn't work like usually do On H4 t.f., three Elliot Wave finished. ABC correction finish. A to B of second ABC is in process. I use fibonnacci from peak 2 to peak 0 and start with the level 0.50% to have a better idea of where the fifth peak will be. It should...

Ftradorex Updated 

The other one that I post was a weekly one. Elliot Wave finished. ABC correction finished. Waiting for second abc. Chart has recently finished E.W. but it can reach a little more toward 338%. Even so, I don't sugest to wait for it since it can go down any moment. I use fibonacci between peak 1 and peak 4 of E.W. to know fifth wave limit.

Ftradorex Updated 

Recent news downtrend E.W. finished on m15 timeframe, but H4 and H1 timeframe don't have the structure. Therefore, another bearishtrend should form to complete the E.W. on the higher timeframes. Bullish E.W. on m15 will start forming. I used a repeated 0.40% zones for retracements, but probably will go directly to 300%. Note: Probably whales where...

Ftradorex Updated 

Following the uptrend, it will reach 2370 and above eventually. But it will first do another retracement for well made (4) of E.W. . Once finished, it will finish the structure. Note: It can be in a slower peace and news doesn't need to impact inmediately. It can take a whole micro E.W. to reach lower goal and upper goal. I sugest to not start buying until...

Ftradorex Updated 

Elliot Wave finish. ABC finish with a triangle pattern. Second ABC will finish the strange uptrend that seemed to not finish, but finally found the IV of the W.E. meaning that chart should go bullish and reach 300% of fibonacci. It wasn't easy. It's my first time seeing an uptrend with so many waves. Fibonacci is within 2 and 4 peak of E.W. News are on...

Ftradorex Updated 

Chart is going as predicted. It already went above H. peak and will need to reach more to do the 3 to 4 of fibonacci. For a well E.W. structure, point 4 can't touch point 1 . If a bearish peak does it, then it will form another wave and much higher. I'm expecting that fifth peak will be below 400%. Maybe 338%

Ftradorex Updated 

A to B of ABC correction finished. B to C starts new.

Ftradorex Updated 

A to B of ABC correction finished. B to C correction in process. Expecting to hit double top. I believe that since news are cloose chart will do a doji of what it have done for now. It's better to take the risk.

Ftradorex Updated 

Downtrend Elliot Wave finish. Still waiting for C of ABC to finish with an E.W, that, only takes the chart to reach 300% and higher to make the fifth peak. News are on standby, so it should go according to plan.