EliteElliott

We are a Group of traders who are eager to Master the Art of Chart Reading using the Elliott Wave Theory. Come and join us on our journey to Financial Freedom.

Joined October 2019 41 Followers

EliteElliott

Decision time! (BTC)

1 hour ago 1 minute read EliteElliott $0.00 tipped

Finally, BTC has reached the Zone of Interest. As mentioned earlier, we were expecting to see some sort of reaction around this area. Let's take a look at the Chart and see what is happening:   On the 4 Hr Chart we can see a clear Divergence as the P...

Analyzing the latest move on BTC 

1 week ago 1 minute read EliteElliott $0.14 tipped

  When you know what to look for, you won't get surprised, when BTC decides to make a move. All the information that you need, to make an educated/calculated decision, is in front of you, hidden in plain sight. All we need to do is to train our eyes ...

It was a healthy move (BTC)

1 week ago 1 minute read EliteElliott $0.37 tipped

As we highlighted in the previous post, BTC had to choose a direction because of the Squeeze that has occurred on the Chart and sure enough, it has made a decision, probably the least favorable one of the two.   When BTC broke below the Trend Line, i...

Inside the Flag

1 week ago 1 minute read EliteElliott $0.08 tipped

BTC is still trying to push through and get a candle closure above the Resistance Zone (on the Daily Time Frame). So far every attempt has failed. It should not be a surprise, because this is the most significant Zone since the peak of 14K. For a lon...

BTC/USD Mid Term Analysis (TA Master)

2 weeks ago 2 minute read EliteElliott $11.92 tipped

Bullish Scenario As the picture shows above, we believe that an entire Elliott Wave Cycle has ended. We can see a 5 Wave Impulse move to the upside followed by a WXY Correction pattern. There are several reasons why we think this is the case: When w...

The search for Support

2 weeks ago 1 minute read EliteElliott $0.15 tipped

The Price of BTC is now searching for Support. Once the run-up, what we have seen last week, faced resistance at the Median Line of the Pitch Fork(yellow line), BTC started to pullback. There is nothing to worry about (yet) because this is a healthy...

Will history repeat its self?

2 weeks ago 1 minute read EliteElliott $0.08 tipped

We are going to look at a Fractal on the BTC chart, but before we do that, I want to say that just because something has happened in the past, there is no guarantee it will happen again because we know, past performance is not indicative of future re...

Will we see a Big move on BTC?

2 weeks ago 1 minute read EliteElliott $0.16 tipped

BTC is in a unique position once again where a Decision has to be made. -On the Daily Time frame, we can see how well the Price has adhered to the Fork. Since the beginning of the Correction BTC wasn't able to push through the Yellow Median line. -Wh...

Can BTC close above a key Technical Level?

3 weeks ago 1 minute read EliteElliott $0.17 tipped

On the weakly BTC chart, we can see a clear Breakout from the downtrend, however, the Candle is still developing as we speak, therefore we need to wait for it to close above the trend line. -On the Daily Time frame, we have seen a Candle closure abov...

Is BTC about to Surprise us all?

3 weeks ago 1 minute read EliteElliott $0.21 tipped

I know what you guys are thinking. The sky is falling, it's all Doom and Gloom and BTC is going to Zero, but before we start Panicking and start selling everything, let's look at the chart. -When we draw the Fib. Extension tool from the beginning of...