Whats up traders? I have published many charts this week for Ethereum because I find it interesting that there are so many ways this can go in the short term. I am overall bullish in the medium term and I do believe that we will head to $300-$350, however the question is when and how can we capitalize on this trade? All I keep seeing are symmetrical triangle...
What up trader's. just a quick update that popped into my head. As you can see, this would be a great bullish Scenario. Trade with caution!! I will have more updated on Ethereum soon!
If you have been following my Ethereum analysis you will notice that I am getting mixed signals on this sum of a bitch! I had some free time today since I am sitting on the sidelines right now and have closed all of my positions until I get confirmation. I feel like there is a grand plan here for the whales and they are toying with us. I always try to be...
Whats up traders and moonboyz! I say that kindly , since all I hear lately is that were going to moon!!! Let's get something clear! Just because your a moon boy doesn't make you a trader. 95% of trader's loose money and lot's of it! You need to have patience in crypto and one bad move and the educated TRADERS WILL EAT YOU FOR BREAKFAST, LUNCH AND DINNER!! As we...
Alright traders! Here we are at a crossroads on Eth. Fomo has $300 as our next target almost as a guarentee. Sounds too easy...Hey did you here Eth is going to $300 ...Buy now buy now! I see us retracing to the .5 fib or even .618 to finish our wave 4. We slammed down to $224 in a matter of hours. Now we have shot up to $262. My elliot wave count says we are not...
What's up traders. My last analysis told me that we would retrace more. That was until I noticed this ABCDE formation. Here we are at the crossroads for either some huge gains or a nice short opportunity. As I said before, we would retrace from the B wave, but our supporting trend line has held thus far. I was thinking we would have a nasty C wave down into the...
Whats up everyone? Mfibbs here with a chart pattern I noticed on the weekly. Now I have been watching this play out for a very long time, let's just say the whole bear market. I'm finally sharing it with all of you. This chart is a pure long term example of how support becomes new resistance and resistance becomes new support. It's almost a cheat sheet to see...
Hey everyone Mfibbs here with my first published analysis. I figured I'd share my knowledge with you all instead of sitting on the sidelines. I am neutral on this market right now as my bearish bias is being questioned right now on BTC. I know there are traders who don't use elliot wave theory and actually hate it. So I ask you kindly to turn the other way or...