ElliottWaveBelgium

ElliottWaveBelgium Updated 

EOS - I'm not necessarily convinced by the wave counts here but what I do like is the fact that it's outperforming BTC. Looking at Fib levels, I think if price can go and remain above ~13$ it could easily reach 23$ at which point I would also look for the 1.272 Fib level at ~50$ . That's simply because when price tends to break above the 78.6% Fib retracement...

ElliottWaveBelgium Updated 

If price can go above 130 without dropping below the 78.6% Fib level at 113 and of course the invalidation level at 100, it has a high chance of making a new high. Above 130 I would look for a move above 143-ish before going for 178 then 200

ElliottWaveBelgium

Watch the Fib levels as potential support but DO NOT BUY RIGHT AWAY! Wait for a base to build first before initiating any long positions !

ElliottWaveBelgium

ZM - This wave 4 correction I talked about a few months ago turned into a combination it seems and reached equality of wave W vs Y. Price also bounced off the anchored VWAP from the wave 2 low. But I don't recommend blindly buying right now, unless using tight stops of course, but rather wait for a confirmation that price really wants to turn first.

ElliottWaveBelgium

Price has been pretty easy to ready up to now as you can see an impulsive move up where wave (iv) is a clean Zigzag correction with a Triangle for orange wave b. This indicates that this move down is counter and not establishing a new down trend. Therefore we can expect price to go higher once more to finish blue wave (v). As you can see there's a nice Fib...

ElliottWaveBelgium

YEARN FINANCE - YFIUSD We have a nice big base here and the wave count suggests a potential Leading Diagonal with a very shallow wave 2 which indicates lots of underlying strength here. Otherwise, we might be in a Flat correction meaning we'll see price go below 37600-ish soon. Personally I favor the bullish view because of how RSI has been always staying...

ElliottWaveBelgium

We got a clean impulsive wave up and now seems to be correcting. I will be looking for price to make a corrective pattern while going down to the noted Fib levels, where the 61.8% level would be ideal support. So, give it a few days to consolidate before buying.

ElliottWaveBelgium

Shorting as long as price doesn't fill the gap. Stop for US100 is at 13800

ElliottWaveBelgium

DOTBUSD - Looks like it finished a Flat correction. Notice how price stopped at the 127.2% Fib projection of wave a which is a usual termination point for wave C of a Flat correction. Price is now at the VWAP from the high which could act as temporary resistance but as long as price remains above 26.6 I think it's going to go higher. Since I don't know exactly...

ElliottWaveBelgium

We are in a wave 4 correction unfolding as a triangle. Resistance is at 565/575 after which we could see a pullback down to 477 or even 450-ish before hopefully rallying higher above 638. The triangle pattern is invalidated if price goes now above 613.5 or below 429.

ElliottWaveBelgium Updated 

The usual target zone of blue wave 3 (161.8% to 200% projection) has been exceeded. In such cases price has a tendency to then go for the 261.8% Fib level which in this case is at 4467. But because we have a few important Fib levels forming a potential resistance cluster around the 3300/3600 zone, I recommend going for that at first. Only if that zone is broken...

ElliottWaveBelgium Updated 

I have 2 counts for Bitcoin at current level. First one you can see higher and the alternate one is here below. Count 1 : suggests we finished red wave 3 and are now consolidation for red wave 4. Seen how shallow the wave 2 retracement is, we can expect something similar and not too much out of proportions for wave 4. After this wave 4 pullback we could then...

ElliottWaveBelgium

Looks like price is still in blue wave (iv) correction. Support might be found around the blue box. FIY, waves 4 have a tendency to go a bit outside the channel so, don't freak out if that happens. Remember Horizontal support/resistance > Diagonal support/resistance !

ElliottWaveBelgium Updated 

ADBE - Made a WXY correction after all it seems... it looks like it's over now so I'm looking to buy. As price is at the brown VWAP from the high, we could see a bit of pullback but it needs to hold above 437 if it is to continue higher or else we could see price go a bit lower short term.

ElliottWaveBelgium Updated 

Price is breaking out of this Triangle red wave 4 consolidation and we have an impulsive wave on the smaller time frame chart. It looks to be finishing a fifth wave now therefore we can expect a pullback towards 55/56-ish before seeing it continue higher again. The setup is of course invalidated if price drops below 51.80.

ElliottWaveBelgium Updated 

Finished a Triangle wave 4 it seems, we can therefore expect this to continue higher as long as wave E low isn't breached.

ElliottWaveBelgium Updated 

DOGEUSDT - breaking out. If today closes above previous high of 0.087 and price can remain above todays low , we could see price go higher but a move above 0.10 is needed for this supposed rally to be a sustained one.

ElliottWaveBelgium Updated 

DODOBUSD - Getting ready to go higher. A break out of this pennant and above 5.5 should get things going here. If price closes below support, we'll have to wait and look for a new setup.