after locating a couple different pennants on the lower time frames, i noticed a breakout that was similar to the prior correction, using the last B wave from the larger run up to 1043, i can expect the next short term goal at 950 before failing and continuing the trend
The right shoulder has yet to finish forming on the h&s bottom after we correct down to finish the ABC flat corrective pattern to begin another new uptrend to test 7700 resistance with one more surge upwards in the coming day or so
ADA/BTC is now in a position to follow closely with BTC on the expectation of SEC approval of the BTC ETF on August 10th. Chart agrees with the idea that on August 10th we will see a positive trend begin.
TRX/BTC looks to have finished it's full correction. It is now in a position to follow closely with BTC on the expectation of SEC approval of the BTC ETF on August 10th. Chart agrees with the idea that on August 10th we will see a positive trend begin.
BTC - head + shoulder reversal
consolidating on the last bit of the right shoulder as it finishes and goes into a new trend beginning almost exactly on august 10th.
Sia Coin was recently added to Binance, as were many other low mkt cap coins as of late. Sia Coin has found a bottom and has began to find a healthy trading range for scalping of swing trading. I believe by about the last week of July, without regard to other market influences, a breakout of either a further press downward towards 140-160 range or a press upwards...
BTC is showing signs of upward movement the last day or so and there are talks of a bull run in the near future. I disagree for a couple reasons i point out here in this chart. Mainly using some basic elliott wave analysis and general rules the theory must follow, i am able to show that we are potentially in a correction of a larger degree than immediately visible...
Created this chart to see the feedback I might get, not only about the possible target, but to maybe learn that I'm doing something wrong with my TA. Let me know what you think!!
