gelnd

YWWUSD $0.96+? Elliot Wave Analysis

Giá lên
gelnd Cập nhật   
BITFINEX:YYWUSD   None
Price target: 1:1 extension of wave 1
Stoploss: 0.25 (below C)

ABCDE contracting triangle correction with lower highs and higher lows
Contraction of volume during triangle like normal

Bullish indicators:
-Falling wedge on MACD
-MACD kissing after downtrend
-Below 20 on stochastic (best entry would be after it goes above 20)
-Just finished ABCDE allowing for a very safe entry with huge profit potential with very good risk to reward ratio


Bình luận:
I misplaced the extension - PT is still 1:1 extension, however, it's at $1.03
Bình luận:
Stochastic broke 20 level - I already entered but now would be a good time to enter (30 cents)
Bình luận:
Pennant ends at midnight for me - meaning potentially 14 hours before something happens
Bình luận:
s3.amazonaws.com/tra...shots/t/tqcV7d3V.png looking like 24 hour range now, new stoploss at 0.275
Bình luận:
s3.amazonaws.com/tra...shots/n/N3MF244P.png this shows more like 20 hour timeframe
Bình luận:
Many time frames are beginning to have moving averages converge. 15M just went bullish
Bình luận:
30M
Bình luận:
1H
Bình luận:
s3.amazonaws.com/tra...shots/q/qXkAAVQa.png
More pennant drawings - I would say very likely something happens within one of these timeframes
Bình luận:
s3.amazonaws.com/tra...shots/t/TEyjyaXi.png
Breaking out? Bullish MACD divergence
Bình luận:
s3.amazonaws.com/tra...shots/7/7KVn30E4.png
Leg 3 started, if it goes down below E then the entire pattern is invalidated but at this point a 1:1 extension from E is 1.01 which is the same pt as before.
Bình luận:
s3.amazonaws.com/tra...shots/c/cRke9ii3.png
Leading diagonal (wave 1 sub-primary) Stop loss below wave 4.
Bình luận:
Watch for those fibonnaci levels to be resistance levels
Bình luận:
Placed improperly on previous update
s3.amazonaws.com/tra...shots/d/dwHuCJmx.png
Bình luận:
s3.amazonaws.com/tra...shots/f/FTIsEJLP.png
Good spot to add more/enter, at this point if it goes below E at this point that is when it is invalidated completely. Until then, I don't think so.
Bình luận:
s3.amazonaws.com/tra...shots/v/vqbshS5Z.png
50-62 cents price target for sub-primary wave 3
Bình luận:
Stop loss .28
Bình luận:
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.