ETC/ETH Binance 15:1 Retracement Entry, Elliott Count for Bulls

19 de fev. de 2018

Working above the large step change, I count 1 completed 5 wave with 1 completed correction. The next 5 wave impulse is building, we are in the 1-2 of the 3. Reload at smaller 2, sell at smaller 5, reload at larger 4, sell at larger 5. Looking for a pivot at around 0.0375 to increase the confidence of the count (that is vs. loading up at the larger 2 - completed). Set the stop tight under ~0.0368.

Chart was de-cluttered for ease of viewing.

19 de fev. de 2018

Nota

All, just an assumption that the impulsive human nature of this chart didn't start till the 10-11th of Feb. Starting my Elliott from that point on.

22 de fev. de 2018

Nota

Count is still valid. We got another push higher for a higher 1 than I reported above. The 618 is holding now, stop limit has moved up and the potential upside has grown. Expect the nearest algo sell off attempts to be at .042 and .04 with targets down at the 786 on the largest wave (shown above). I expect alts (including ETC) to fail if ETH fails to hold above $750-800 today. We need ETH to bounce up setting a higher low compared to the last V bottom, same for BTC.

22 de fev. de 2018

Nota

27 de fev. de 2018

Nota

Count is still valid, 1-2 in and looks like a 1-2 being put in, stop moved up

27 de fev. de 2018

Nota

Red dashed lines are major algo sell zones

27 de fev. de 2018

Nota

4hr, stop moved to 398

4 de mar. de 2018

Trade fechado manualmente

Idea updated.