This is my personal view due to HUGE corona/covid19 problem. This is just analyses which are my personal opinion and not something according anyone should or could invest. Do you own research. This is one huge ABC correction. 1. We are going to finished wave A which should be finished during April. 2. Than we will/we should have ABC correction up. This will be...
Wave A could go to 2000. Now we are in third one. Most strongest one. There will be bounce but short lived one.
Two patern in one. Very bearish. Bouce to 2600-2700 and than be carefull. C wave usually is much faster than A
I AM NOT saying this will heppened. I am not. I just want to show to the people who said "it fall 25%, it can not go further" "up from here" "it fall well too much" This is fall from 1929 and pasted on today situation
Wrote what do you think. Seems could be very easy huge C here which could finished around 1000. With bitfinex and binance scamming problem or hacking, no problem
Short time very bearish, but on long time!!!'?? How many of bulls will survive this drop which will happened soon
Break out will be powerfull. 80% chance to the down side and only 20% to up. Good luck and happy new year
- HS almost done - neck line could be resistance line in next abc corection - new abc correction up - and finalization of whole elliott structure will be done - botom around new year - 1700-2000
- HS almost done - neck line will act like resistance in next abc corective wave - new abc correction up - and finalization of whole elliott structure will be done - botom around new year - 1700-2000
1. HS - with possible and very probably target 3000-3200 2. After it maybe relief rally like Santa rally 3. And than finally long waiting capitulation with target around 2000 My dear this will be life time opportunity
Just need one more stage of bear market and that is capitulation. Volume sould be at least 2-3 times as it was few days ago.
After it its all over. 100 years of bull market will end.
Falling vedge breakout just after key came to major suport and bounce. Key could easily rise to 400-500 even to have shadow candle above ATH
After 30 days downhill we have testnet in less than 36 hours. Testnet is due for 07. July China time TA show several very strong bullish indicator: 1. Morning star reversal candle on Daily chart 2. Falling vedge which is prepared to breakout 3. High volume 4. RSI still oversold and turning around BUY and hold
For those who wanna wait breakout oke - wait the breakout, and for those who understand what is doji, falling vedge and oversold - strong buy.