FILOVIRUS

VeChain (VEN) Fork - A Dubious Prediction

BINANCE:VENBTC   VeChain / Bitcoin
INTERPRETATION
Support being tested. If no Price-Cloud bear entry & breakthrough, a short bullish run to occur. followed by sideways trading (confirmed w/flag/pennant) & then the start of Elliott motive wave.

CAUTIONS/CONFIRMATIONS
- Support testing & Price-Cloud movement will determine momentum.
- Recent T&K bear cross & Price-T&K both showing selling pressure
交易進行: INTERPRETATION
Support challenged & likely resisted which resulted in bullish trend (not shown - refer to 4H time interval). Modified Elliott waves for 1hr time interval. If correct, then expect a bull run starting at the beginning of Wave 1. Motive wave estimated to be 80% increase (extrapolated from last motive wave).

CAUTIONS/CONFIRMATIONS
- Price-Cloud bull entry & breakout
- T&K bull cross

POSITION
Entry @ 61000

評論: *CAUTION*
INTERPRETATION
Final check to determine which way price will head. If the price manages to breakout downward through cloud, recommendation is to exit all positions as bearish trend like to continue.

SELL SIGNALS
-Price-T&K bear cross
-T&K bear cross
-Price-Cloud bear entry

BUY/HOLD SIGNALS
-Upcoming green cloud (buying pressure increase)

CAUTIONS/CONFIRMATIONS
-Price-Cloud breakout downward will be considered the strongest & final sell signal
-Considering volume in this circumstance provides some confidence in delaying exit & continue monitoring w/current position
-4-Hour Interval Graph shows price testing support of Green cloud

評論:
評論:
評論: INTERPRETATION
The price has crossed under the bear/red cloud on the 1-Hour graph. This motion along w/with the current states of the Tenkan & Kinjun signal a recommendation to sell & exit current positions. HOWEVER, depending on personal risk analysis, it would not be unreasonable to continue holding based on prospective expected movement (see below). Note that using extrapolated data and prospective analysis is a high risk action.

SELL SIGNALS
-Price-Cloud bear entry & breakout
-T&K bear cross
-Price-T&K bear cross

CAUTIONS/CONFIRMATIONS
-The primary argument for holding would be the current pending status of the price action in cloud (entry but awaiting return or bear outbreak) & the converging direction of the T&K lines located within the 4-Hour interval chart.
-Selling volume has decreased with a consequent increase in buying volume.

評論: INTERPRETATION
There is a likely possibility that the prediction of Corrective Wave termination is incorrect. The new graphical data shows us that the the Corrective Wave prediction might have been placed prematurely. This oversight likely occurred due to careless integration into existing data with a lack of consideration for potential Corrective Wave movement.

With the new information, the Corrective phase can be readily adjusted without compromising the original idea. If this is the case, then we can expect an additional Corrective Wave before restarting the wave series. Please reference original graph to compare and contrast.

Lets Go!
回覆
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人資料 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出