Elliott Market Waves

Tuesday, June 12, 2018

Following last update.

Nothing changed since my last update. BTC maybe is finishing the wave E (green) or close to finishing the wave d (red). The decision is close.....At this point I would say my primary count is the bull case but we must be very watchful and if the price goes to the downside the reaction could be very aggressive.

ETH UPDATE SHORT TERM

At this point I don't see ETH doing lows above the 360 dollars (april low). Since that low the pattern seems clear and after one more selloff expect some reation for the bulls.

BTC UPDATE MEDIUM TERM

Monday, May 28, 2018

My thoughts about bitcoin... In the medium term I'm following two diferent options (one bullish and one bearish). At short term btc is coming to a strong support, which I think will resist this time.

ETH UPDATE SHORT TERM

Tuesday, May 22, 2018

My thoughts on ETH that I want to share with you...
At medium term I still believe in new lows (wave Z) but at short term I don't see that wave X already finished. For me ETH, during these weeks, is labeling a triangle and for the future wave Z I expect more impulsive behavior.
The both counts that I show have several problems but for now is the only way I can see how the market may behave.

BTC UPDATE SHORT TERM

Saturday, May 5, 2018

Despite the bullishness in several altcoins the BTC may show another signal. What you think? At this point seems BTC is labelling another bearish wedge.

ETH UPDATE SHORT TERM

Thursday, May 3, 2018

All possible triangles seems to fail in ETH and at this point is possible a minor wave 3 is underway....with several extentions is possible reach the 9xx. At short term, the 700 dollars (end of minor wave i) is the support of this count.

ETH UPDATE SHORT TERM

Wednesday, May 2, 2018

Seems ETH is in some consolidation between 600-700 dollars. At same time this consolidation looks as a small triangle. So at short term I expect new highs when this consolidation finished.

ETH UPDATE SHORT TERM

Thursday, April 26, 2018

After all the wave A/1 was almost over when I showed my last chart. Wave v of A/1 has extended much more than expected but with this new downtrend I will continue with the same count.

At this point, I expect the correction to reach a maximum of 530-500 and then ETH will go again to the upside (maybe to the 850-900). If ETH goes below the 500 will be very bearish and I may review the count of this wave B/2.