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.
DYDX zones where Ill open LONG DYDX / TetherUS BINANCE:DYDXUSDT WhenCryptoLambo BINANCE:DYDXUSDT For May and summer $DYDX will trade in range between 8 and 3 dollars. Ill open long at 3.80 3. 40 2.86 Possible […]
Attention: Bitcoin BTC – The golden support trendline Bitcoin all time history index INDEX:BTCUSD Crypto4Everybody Attention: Bitcoin BTC – The golden support trendline Another long-term view on Bitcoin to help filter out the noise and […]
BTC several indicators for long Bitcoin / TetherUS BINANCE:BTCUSDT Aleks00000 indicators for long – bulish head and shoulders – triangle – volume divergence – rsi divergence on 4h chart – bulish megaphone patern if these […]
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.
Where is the ETH bottom? Ethereum / U.S. dollar BITSTAMP:ETHUSD MJShahsavar Ethereum has a downtrend and has dropped 62% from its ATH. How far can this price reduction occur? In the previous cycle, Ethereum experienced […]
Bitcoin – true breakdown? Bitcoin / TetherUS BINANCE:BTCUSDT SkyrexTrading Hello, everyone! I am ready for hate, as usual when the forecast did not plays out, but it’s part of the trading. I had the nice […]
CREAM/BUSD Trade Set Up CREAM / BUSD BINANCE:CREAMBUSD jedtexas CREAM/BUSD – Trade Set up – Low risk, Double bottom above resistance, next stop 58% upside first target, basement prices – straight up affair from here