Bitcoin Projections: Targets InboundWe are beginning to establish a more secure bottom at the .786 fib line around 7180 and although its still a possiblity we drop to 7k/6900 we are so close to the bottom that i'll use the drops from here to accumulate more entries but patiently wait for the swing up to 8300. Which would be a bout a 15% swing. Keeping it simple for everyone with this chart.
Please follow and like if you enjoy the content. I always do a daily update on bitcoin and the market as well as everything else crypto in my discord channel called the crypto blend or my youtube under crypto hippo. check them out and help build out a huge community where we can help everyone flourish in this market!
Targets
BTC updated BEAR plan. Heading down. First i want say that i linked my previous idea for you to see that we are following that same plan. Reason for me to update this on a new chart is to make this more readable. Still same targets i've updated there apply in this. In that previous chart i marked my ABC as WXY and also W:s subwaves as WXYXZ. For making this more understandable i changed them to ABC and their subwaves as normal 12345 for this retracement.
((Actually we are not retracing 6.5k to 10k as many think. This is larger upgoing retracement of downtrend and we are currently on B-wave in that but that's another story which i will publish later today let's just focus on this fake uptrend :) ))
NOTE: Always remember that there is NO trader in the whole world who get's it right everytime. No one. So always DYOD :)
So to the point:
We still have our targets which i will update if there's going to be changes. This is purely how i trade this. No one should follow me . Always make your research and then decide what to do. This is purely educational.
So where we are now in this chart. For keeping this short and simple, we are at large A-wave and it's 4th subwave going up. We had very conservative selling target at 8750 and i had target for entering short just above 8800. Both of them hit nicely. I dont think that was it and i see us still going a bit up to 8950. Doesnt matter if it does or not cause target 1 was 100% met and i am now in short position. So where do i close my short? Probably my closin target is just few dollars above 8k eventhough this should go to 7800-7950 leves.
Currently valid targets are (achieved target removed but you can check it from the previous chart) :
1. 7800-7950 (I will be closing short just above 8k)
2. 9k + (I will make more accurate estimate after 8k levels)
3. 7200-7400
4. Still hard to direction. Honestly i dont know yet
BTC corrective wave ending, bounce expectedAfter two failed attempts to break the 10.000 resistance, the price got rejected quite hard and a correction to the downside was inevitable.
What we see here is that the price is now forming a falling wedge bullish reversal pattern, indicating the sellers are slowing down, which usually happens right before a bounce.
There are now new resistances formed above, which were old supports that got broken. We will use those as the targets for this move.
The fact that there will be a bounce does not mean that it's going to make it all the way up to 10k again though. It is possible, yes, but for now, I see it more as a natural corrective wave upwards, after a big fall. If the momentum picks up, and the move up becomes strong and sustained, then yes, 10k, and even my old target of 10200-10400 is in cards. But let's not get ahead of ourselves for now.
The confirmation for this trade is the breakout of the wedge.
Targets:
1. 9340
2. 9470
3. 9587
4. 9749
As always, lock in partial profits at each of the targets, since the price may reverse at any of the resistances above.
EOS breakout ahead of Evolution Airdrop on May 10thEOS was the first Coin to make a new ATH (all time high) after the freezing winter lows.
If you take a look, day by day it is trading between a narrower and narrower price rage (under 1$ oscillation daily), for me this looks like accumulating strength.
Today we will have the Evolution Airdrop for all EOS holders, good trigger for the Moon or at least some decent profits for the next leg up.
I expect a volume spike once the the triangle brakes to the upside (buy signal).
A lot more Airdrops will come after the Mainnet launch on 1st of June.
First target: 30$
Bitcoin Bull Is Over? More Up? Or Are We Going Down? (1111)I normally mention how Bitcoin tends to break all expections almost all of the time, and this time around is no different... Bitcoin Keeps On Going Up! While many people keep on expecting for it to go down. It was supposed to go down since the day it bounced on the 2nd April, yet, we have been in a very clear uptrend since, specially after we broke the down trend that started back on the 17th December 2017 when Bitcoin reached it's all time high (I wrote plenty about this).
Can Bitcoin fall? Of course it can.
Will it fall? That is for the market to decide. ... For now, we focus on the next resistance levels, which we also call "targets".
Here are the price levels where Bitcoin will face resistance next. I will share these in a range:
Bitcoin Short Term Targets:
(1) $10,300 - $10,650
(2) $11,450 - $11,700
That's all I wanted to share.
Hoping this can be useful to you...
Enjoy your life...
Enjoy every single day.
I really appreciate all the incredible support that I receive, positive comments, likes, shares and follow, for all of my Altcoins trade. I promise you that you will be seeing many new ones in the coming days.
Maybe you too want to trade, maybe in the past you made some mistakes.
Do not worry about it, more opportunities will come your way.
Because you are unique & special...
Because you always DESERVE THE BEST!
Namaste.
BTC Bull RetracementCongrats to Bulls, BTC exceeding expectations and performing rather well in May.
What are we in for.
Well we potentially saw a buy back zone of 9760 and a retest of our major retracement level of 61.8 from FEB which appears to have resisted a potential H&S formation.
Its not surprising that we saw visit back this region before continuing onwards to our target of ~11500. Note Stochastics on 4h remaining neutral.
From 11500 the divergence on the daily scale needs to be settled which may occur with a rude pullback to the 9.5 followed by a potential visit to 8's and overperformance to the downside with a high 7800.
Either way the worst may well be behind us.
What's your plan if BTC doesn't fit your plan A?
$NANO $NANOBTC Glory Days Are Back! This bull run is just getting started. A massive accumulation period now indicates a reversal.
-Buy Volume Increasing
-Break Above 20 EMA
-Possible Long Term Cup and Handle Forming
Initial Entry: 7,560 Sats
Target 1: 13,060 Sats
Target 2: 17,220 Sats
Target 3: 20,167 Sats
Target 4: 23,556 Sats
Reminds me of the $EOSBTC run recently. Strong buy for those looking to maximize gains.
58% Profit in Just 3 Days Coin - TNB
Exchange: Binance
BUY: 0.0000048-53
SELL: 58-62-77-90-Open Target
Invest 10/15% from your deposit
$TNB reached 582 3rd Target Done 58% Profit in Just 3 Days
For V.I.P. Private Instant Signals :
Check some different type of signals at t.me
Contact our support on Telegram: @elliotsupport or Private message on TradingView.
Correction and uptrendCoin - TNB
Exchange: Binance
BUY: 0.0000048-53
SELL: 58-62-77-90-Open Target
Invest 10/15% from your deposit
90% Profit in 4 Days$ONT All targets achieved
Coin - ONT
Exchange: Binance
BUY: 0.00044-48
SELL: 57-63-67-79-Open Target
$ONT reached 8850 All targets Done
Pro members 70% Profit
Free members 11% Profit
If you don't want to miss anymore the huge profits from different coins which are raising daily, we reccomend our signal and academy services.
Private message us to join!
BPMX CONSOLIDATED AND SHOWING UPTREND WAVESBPMX is showing uptrend waves projected inside parallels in an angle lower than 40 degrees what appears to be a constant movement for the following Q2 (Second Quarter 2018) from now.
I do see several targets during this uptrend: 0.2418, 0.3404, 0.3607, etc. Definitely BPMX is on it's bullish time frame.
Happy Trading
Incredible 500% Profit Already in Just 4 DayHistory reapeats.
BUY: 0.00060-80
SELL: 0.00157-235-298-379
Target 4 still active.
Target 3 Achieved in Just 4 Days by our Premium Members due to our Academy Signals.
485% Profit.
If you don't want to lose such opportunities like this ZCLBTC,
Private message us to join to our trading signal and Academy.
ElliotSignals and Academy Team.
BTC expected targetsBTC continues clearly Eliot waves,
1 first move; abcde
2 second move; abcde
3 third move; i expect - the big one - may be fibo level 0,236 - near 8200 levels
4 third move: i expect - retreat one - may be fibo level 0,382 - near 8400 levels
and final move: i expect - short moving down - near 8000 levels
And move the moon :)) of course we expected
Bitcoin - BTC Long Term Analysis | Investor perspectiveThis is a detailed Long-Term analysis on Bitcoin, considering different indicators.
Bitcoin had five waves upwards, where it hit all time high of nearly 20,000 $. Then, Since January we started a correction stage. Corrections are always necessary!
From a technical analysis point of view:
Correction :BTC has corrected to around the Fibonacci golden ratio of 0.618 - 0.65. From Elliott Waves prospect, we can count various versions for the correction.(ABC or ABCDE or etc.). However, This area is where the major support line is also located, which we have bounced off it every time.
On MACD : we can see a slight bullish divergence, which is a sign of an uptrend.
On RSI : we can see that the previous support line has become the new resistance now. We are about to test this resistance to see if we are able to break through it. In that case, we can anticipate the start of wave 3.
Third Waves Behaviour (based on Elliott Waves principals): Third waves are often the largest and never the smallest. One thing to notice, third waves are usually the biggest, but from time-scale perspective, they are not the longest. In other words, third waves are often the steepest ! (reaching higher heights in a shorter time period)
Therefore as we discussed, it is sensible to target at least x1.618 and x2.618 levels of extension of wave 1 for the third wave.
6 - 18 months Targets:
First Target = 35,000 $
Second Target = 55,000 $
Let me know what's your thought in the comments section! What is your price prediction for BTC by 2019?
~~~~~~~~~
Make sure to check out my EMA Script which you can have the 8, 13, 21 and 55 Exponential Moving Averages on one indicator for free:
author : R.N behind_crypto
Iota makes little correction before new highs.Iota successfully hit 1.99 resistance and it is giving a reversal signal. Doji candle has been formed , RSI shows overbougt and Macd MA-s are crossing, so we have good signal to short on correction now. reversal for buy point is at 1.80 level, because it is already Fibo Zone and there is strong support Line, for this time RSI and MACD will be in a good position too. next target price is 1) 2.14 and 2) 2.31 according to Fibo.
Bitcoin - BTC Detailed Analysis - 21 April 2018Here we have a detailed analysis of BTC. Make sure to follow me for daily analysis of cryptocurrency! Also, let me know your opinion in the comment section.
I believe we have started our journey in wave 3. Third waves are never the shortest, for that matter, we can target at least x1 extension of wave 1. However, x1.618 Fibonacci level (or higher) could be more expected!
Expected targets for next 48 - 72 h
Target 1 = 9470 - 9500 $
Target 2 = 10400 - 10500 $
~~~~~~~~~
Make sure to check out my EMA Script which you can have the 8, 13, 21 and 55 Exponential Moving Averages on one indicator for free:
author : R.N behind_crypto