Waltcoin Long

BINANCE:WTCBTC   Walton / Bitcoin
First idea, and fist set of TA skills applied so please leave your feedback, it'd be greatly appreciated!

Waltcoin is on the 4th leg of a 5 wave Elliot wave / cycle. It has good support from the EMA (50 days) and there is a support trend line which each wave has pushed up off. Few more days until it start going up again, maybe already?
評論: Entry: 00266
Final: 00440 (65%)
Stop: 00246 (7.5%)

May be smaller waves in the middle such as those seen in blue / numbers where sell-offs and re-buys can be increase profit.

Oh, and upward Legs A, C and E and downward Legs B and D were mapped using trendiness which I deleted because they crowded the graph. But A and C are almost identical.
lookup rules and guidelines on elliot wave
DaDude DaDude
Rule 1: Wave 2 cannot retrace more than 100% of Wave 1.

Rule 2: Wave 3 can never be the shortest of the three impulse waves.

Rule 3: Wave 4 can never overlap Wave 1.

When Wave 3 is the longest impulse wave, Wave 5 will approximately equal Wave 1

The forms for Wave 2 and Wave 4 will alternate. If Wave 2 is a sharp correction, Wave 4 will be a flat correction. If Wave 2 is flat, Wave 4 will be sharp.

After a 5-wave impulse advance, corrections (abc) usually end in the area of prior Wave 4 low.
+1 回覆
DaDude DaDude
and congrats on your first post. It takes balls :-)
+1 回覆
12345 placed wrong: 1-2 is 18 and 19 january, 3-4 19-24 january, now abc to support line.
might bounce to 0.618 fibonacci (around 0.003 price level)
+2 回覆
ryancm a.shevelev002
@a.shevelev002, awesome!! Thank-you :D
SwissWebTrader a.shevelev002
@a.shevelev002, awesome!I should focus only a.shevelev002 in here and learn learn learn. this will save me a lot of time.
+1 回覆
@ryancm, agree but Walton is a hodl for me. no day or swing trades atm (just not enough time). thanks and good luck.
+1 回覆
ryancm SwissWebTrader
@SwissWebTrader :) Schweet, thank-you! Agreed, I want to hodl but need to rebuild after the drop. I'll be trying to put profits from others into this (on the lows of course).
+1 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