Hello all, Not much to update with BTC, the trend is bullish. Price has broken out of the channel having successfully challenge the previous ATH and resumed it's move upwards (please see linked ideas below). Wave 3 targets remain the same between $33,000 - $38,000. Follow for further updates, your 'likes' are much appreciated and your comments most...
Hello all, It's pretty clear that we have a zig zag correction playing out here. Waves 'a' and 'b' have already been put in. This leaves us with the final wave 'c'. There is a strong possibility that it is already complete and the low has already been put in (please see linked idea below from Nov 22). A breakout to the upside will take price to the 1910-1920...
Hi all, Bullish weekly price action for XRP. This week will likely see an attempt to close below the Nov 30 weekly candle close (circled). Price has already attempted this once. I was expecting a bounce from the 0.45 - 0.50 level, see the discussion in the linked idea below. Ideally, we want to see a weekly close above the 0.62 level which will provide the...
Hello all, A quick update, the smaller degree wave (v) could be in play. Price has bounced of a possible wave (iv) count around 1831-1832 (38.2%). If the wave (v) is in progress then I expect the price to drop back out of the marked sell zone. Please refer to my previous ideas which are linked below. Follow for further updates. Trade safe, Beyond Edge ...
An update on XLM/BTC. It looks like a clear breakout from the Double Three structure with price breaking out from the zigzag into an initial five wave impulse of a smaller degree. Let's see how it plays out for confirmation. Please refer to the previous idea I have linked below and follow for further updates. Trade safe, Beyond Edge Disclaimer This is not...
Hello all, EURUSD has broken out of the contraction zone. My 1st target of 1.20000 has been reached. I expect this to go on further into the expansion zone and challenge the 2018 highs. My second target is 1.24000 as outlined in my linked idea. Follow for further updates on this one. Trade safe and always remember to plan your trade and trade your plan! Beyond...
A quick look at the EURUSD and last week saw price hold comfortably above the Daily 20-EMA. Potential targets above at the 1.20000 and 1.240000 levels. Entries from the 20-EMA at 1.18150 to target the levels above. Price looks to be nearing the end of this contraction zone and ready to break out to the upside. However, there could also potentially be a...
Hello all, Here's OXTUSD as requested by 'NuMaUita'. I think there is a possibility that this could pullback to the 0.22 level once more before going back into its upwards trend. If it kicks on from here however, it will indicate a wave (iii) structure to one higher degree for which I have an initial target of 0.46 - 0.51 . Any further extended move up will...
Hello all, An update on XAUUSD, price is nearing the 1750 - 1760 zone as outlined in my previous idea. The corrective structure is still in formation with a lower degree 5 wave structure in progress. This is my primary count and we are currently in wave (iii) which can potentially extend further to 1741-1739 before retracing into wave (iv). I'm expecting this...
Hello all, I'll be sharing short and long term price predictions across some of your favourite cryptocurrencies. Will try to keep the charts minimal and the ideas brief. Here we have XRP, currently bullish price action. The next target is at 1.00 with a possible extension to the 1.23-1.25 mark. If you would like me to cover a particular token then do leave me a...
Please see link to my previous idea for XAGUSD - I'm looking at the prospect of silver dropping next week followed by a ranging period in the 19.000 - 20.000 levels towards the end of Q4. Providing it can stay inside the trend channel, price should look to move back towards the top line. Quick impulses upwards would indicate a bullish breakout and a move back up...
Hello all, Price achieved 1800 today and had an initial bounce of the horizontal support. It's possible that it can drop into the 1750 - 1760 zone. The corrective structure is still in formation. As mentioned in my previous idea, expecting to see a lower degree correctional structure forming over the next month to get a better idea of where the best possible...
NEO looks to be heading towards the horizontal resistance for a fourth challenge. Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based on the information provided. Trust your own...
Hello all, I've counted this with many different sequences and feel that a Double Three (WXY) combination is what has likely been printed here. It's possible that it continues to correct further to three corrective structures and forms a Triple Three (WXYXZ). I'm looking for a set of five impulsive and composed waves to rule this out and signal a change in...
XRP is approaching the initial target of 0.54. This will take it above the resistance level (0.50). Will be assessing the structure from thereon. If you're hodling, continue to hodl your bags! Trade safe. Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used...
EURUSD moving along as expected. Entry opportunity. Trade safe. Beyond Edge Disclaimer This is not trading advice. All content/ information shared in this idea is purely educational in nature and is expected to be used for analysis and illustration purposes only. Do not trade or speculate based solely on the information provided. Trust your own...
Here's an idea of a potential buy set up before a resumption of the move downwards towards the low 1800s. A H&S is currently forming the right shoulder which should present a buy opportunity from around 1865 with a target to 1885. If the shoulder forms as expected then a sell from 1885 with a target of 1815 could be a good sell opportunity. Being mindful that the...
Evening all, A bearish formation printing into place for GBP/USD. Price will continue upwards in the short term and potentially create a throw-over before a reversal back into the triangle and a sustained move downwards. A longer term bearish outlook going into 2021. A good strategy to buy from pullbacks on the smaller time frames until then will provide some...