General Tone: Bullish, though we will reach a top within 1-2 days at most
Wave 5 is almost done. Here is a general thought (not prediction), that an ending 5th wave diagonal
could be in play
If we break above $11,750, next resistance is $12,250
If we break $12,250, we could see a surge to $13,500.
Long Term Bias (6+ months) - Bullish
Medium Term Bias (Next Week) - Neutral
Short Term Bias (Today) - Neutral
Long Term Target Prediction - $35,000+ by 2019
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If wave five is ending - we should expect a retracement for the full 12345 structure shouldn't we?? Your short term target is bullish but from everything I've learned from you (thank you by the way) I need to measure retracementfrom 1->5!. I would love your (or your experienced followers input) as I see no one talking about this.....
The more I know about TA, The more I'm scared of trading ^^
If you ever come to London I will def take you out for beer lunch whatever you want even before I have made any money!!!
will definitely do!
This is exactly what i need! Thanks again
I really love passion you put in your work!
You’re a star!
Hmm, nice one
upvoted
Love your videos.
Looking to research further into Elliot Wave and I know you've said this before but I was too new to listen. Can you re-provide your recommended books that have helped you? It's like you said in your earlier ETH video that losing is the best tool. I've honestly done a little bit of that learning but continue to get better daily with my own charts. I can't get enough of your analysis.
Look at bis tweets from today
Waw! Amazing content :) Very important to know how to think and how to analyze. Thank you so much
Merci beaucoup mon chéri!
I expect a small correction in the next days.
Nice call! As always! Just sitting here on the one minute and it just finished wave 5 at $11,749. Now let's see if it can break it!
Don't forget to eat and sleep ( just in case )
I'm not feeling good about a bull anything, right now.
The market is feeling a tired, which is how it felt two weeks before the last crash. The Chinese are still on vacation, I guess.
The alt market is dismal, and why not, there's a oversupply, AND no conviction. All the money is going into new ICO's, and there's enough of those to soak up what little capital there is.
A few days ago I saw a great buying opportunity for BTC according to your 55 EMA strategy but at the same time your TA or Elliott Wave and Fibonacci analysis in general said it was likely to retrace a lot more. So what should I do in that kind of situations or in other words which one is more valid?
It's always interesting catching up on your TA, sometimes 3 hrs after because of the time difference between Canada & Australia. So I'm watching BTC falling to 11,300 and watching this TA learning more about EW, channels, trends, rising bullish wedge and falling bearish wedge. Waiting now for a good reentry point, maybe 10,300 or 9,850 but if its really bearish maybe 10,950 at the 61.8 fib retracement. Exciting!
Spot on today
Great Theory! Watching the dip as I'm watching this video
LOL on back-and-forth with Tone at the end. Nice humor! :)