After a clear 5-wave move to the downside, establishing a bear market, we can see a three wave ABC corrective move to the upside. Trends can easily be defined as having clear swings with minimum overlaps, which is shown in the 5-wave pattern here. Corrective patterns generally have many overlaps and less clear swings, as can be shown by the ABC move.
I see this as a likely top of a C-wave , where a bear market will continue.
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EOS, warning! EOS / U. S. Dollar KRAKEN:EOSUSD igord2 I just had a look at the total crypto-market capitalization, the technical picture calls for one more bounce into Apr /18+: https://s3.tradingview.com/snapshots/b/bZAn75xq.png With a crash into […]
After a clear 5-wave move to the downside, establishing a bear market, we can see a three wave ABC corrective move to the upside. Trends can easily be defined as having clear swings with minimum overlaps, which is shown in the 5-wave pattern here. Corrective patterns generally have many overlaps and less clear swings, as can be shown by the ABC move.
I see this as a likely top of a C-wave , where a bear market will continue.
Zil on 4 hr time frame Zilliqa / TetherUS BINANCE:ZILUSDT oakoakoak999 Zil on our time frame, We found multiplay Doji at the bottom. I add some references that I found on the website to help […]
Bitcoin – breakout or fake out? Bitcoin / TetherUS BINANCE:BTCUSDT SkyrexTrading Hello, everyone! As you know yesterday I bought Bitcoin according to the divergence with the MACD histogram. Also I pointed out that the countertrend […]
