After we closed our small shorts , on my previous idea in into the 50% fibonacci of last wave! We can now confirm to use the ray as support and go long into new highs! I'm expecting next weeks more bullisch momentum to gain into wave structure and if we manage to break 42k, wave 5 weekly is confirmed and are on track to get some massive gains!
Dear Traders, After breaking back up into the expanding triangle, ( first we had a normal triangle from which we had a break-out short) Now the same support and resistance lines acts as an expanding triangle which is caused by an massive impulse wave driven on fundamental news. However, the outlook is still side ways to short over the short terms.. Very...
Here is an valid wave count for IOST, expecting to reach new highs in short to medium terms. Since IOST performed an nice ABC pattern on the 4 hourly, it is now perfectly aligned to breakout further long into wave 3. This is the next cycle bullrund which I'm expecting on all major crypto currencies.
Hi all, Here is an update regarding BTC. In this consolidation phase. It looks that BTC is running up onto a new high on the lower end timeframes. A good oppertunity for the active daytraders to benefit from. Have my stops set beneath the trendline and 78.6% levels, 34800 And my TP is around the 161.8% levels 39100 Wish you all the best
Here you can see a proper chart of the outplay of the elliot correctional waves. As you can see is the weekly chart now totally outplayed and the ABC has formed and landed nicely around the 42k zone. Expecting now choppy market next days, maybe new lows, but nog significant drops as we saw last weeks. Expecting the market to recover and lead into the final 5...
Here is a valid elliot count, which suggest market is due for a small uprun towards 57K Which is the internal weekly B wave. After that I'm expecting new lows to come in on BTC towards 44-42K. Ofcourse, once that wave has been completed, bull run continuation weekly cycle degree, wave 5. Targets cannot be revealed yet as first the pattern needs to be completed.
Dear traders, Kava is still within the primary channel and approaches its siginificant support area around 100% and 61.8% fib cluster. We are likely to going long from these levels in the setup for going to hit a new all time high in the next coming days. any questions, feel free to ask. AppY-Crypto!
Here is some full insgiht of Elliot wave correctional waves. The waves are verified by the fib projections and retracements. Once Iost hits the E point, we expect longs towards new ATH.
Here is afull disclosure on my analysis on COTI, 1. We have a perfect setup for completing a Bear butterfly towards the D point 2. You can see a clear bull flag which announce some serious corrective motive waves within the flag and parralel channel 3. Coti is respecting all fibonoacci sequences along the road withing this pattern. Conclusion; IMO, Coti is...
In previous post about COTI there was a possibility of Butterfly formation. However, Coti did breakout under the secondary uptrend, back into its main channel. A new breakout of this channel gives still the oppertunity for COTI to explode. We set our SL below the 100% of the jellow projections market in the chart. We aim for TP, ( slightly lower RR ) towards...
Dear Traders, Here I display a verified count using fibonacci ratio's and projections on ETH. As we can observe, it is likely that ETH is going to follow BTC pattern. Which is forming an running/expanding flat. this is one of the most sophisticated bull traps in trading. the RSI doesn't look powerfull and the volume indicator doesn't suggest a wave 5 is...
Dear traders, Here another trade idea, As you can see, I've never seen a chart so perfectly in harmonie as KAVA is actually printing. Im expecting longs towards top of channel, however time is a serious consideration here. Therefore IMO, elliot waves will continue to triagle the way up. A very nice short oppertunity at the top of the channel is an almost...
Dear Traders, Here is an update from AppYCrypto, Since we have completed our ABC pattern, in the bigger ABC triagle irregular flat wave pattern, we expect BTC short in the area of 48-46k. From those levels we expect further longs towards a new all time high. Now, keep in mind that the wave during this trip will be very choppy, remind that every A and C waves...
Here you can see a perfect formation of the XABC-(D) D is in the make. Price reversal zone is calculated around the 1452 to 1415 SL at top of previouw swing high. Happy trading folks ;)
Here you can see a clear short structure on GRT, Targeting the 0.86 levels. We place our stops abov the 1.83 level. there are multiple key resistance points. GRT is likely to go alongs with the current primary downtrend to complete the full AB=CD pattern, and complete the full A waves structure. The spreads are high, so low leverage is recommanded. the...
Here you can see how an extended flat elliot wave should be counted. However there are multiple counts possible on current date, Using different geometric tools and projections, we can pretty determine accuratly where the price currently is behaving. Therefore I'm expecting at this moment a new wave up, which can be pretty str8 forward, since it is an ABC...
Long DOT idea long term into wave 5 analysis Here is a trading idea for DOT USDT, after forming a perfect triple three, it is time for DOT to breakout after we hit the last leg on this latest C wave. After we hit our C wave down into our last leg target on the triple three, we aim for breakout into our final and last wave 5 up. Into the space :) Obv. this is...
Dear readers, I have here 2 completly valid wave counts as on current price print on BTCUSDT. If we take into count all the fibonacci correlation then we should think that scenario 2 (the bearisch scenario) is more likely. If we are trading the bearisch scenario, I'm targetting the 100% to 161.8% of wave AB. If we trade the bullisch scenario, then i'm expecting...