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I am in the process of creating a post that has an EWave count for Silver and wanted to give an introduction to the silver futures market. Introduction Silver futures are contracts that allow investors to buy or sell silver at a predetermined price on a future date. Silver futures are traded on exchanges all …

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I have not updated my Bitcoin Elliott Wave count since July and since then, price has moved rapidly upwards, suggesting that Primary Wave 3 (P3) is still unfolding to the upside. I’ve revised the Major and Minor wave labels for my Elliott Wave count on the daily chart, as shown in the screenshot below. This …

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Bitcoin price looks to have found the bottom for [4] – P3. The triangle I proposed for the wave [4] correction in my last post turned into a double zig-zag that reached 1826, which is a 55% retrace of the [3] – P3. Refer to the updated daily chart for the new labels for this …

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I currently have the count for Bitcoin in wave 4 – [3] – P3. The high at 3003 on Bitfinex marked the top for wave 3 – [3] – P3. Wave 3 did not disappoint, reaching a fib extension of 3.78 times the length of wave 1 – [3]. This surpassed my expectations, as you …

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I felt it’s a good time to update my Elliott Wave count for the Bitcoin chart after the great run it’s had over the past two months. I’m sticking with charting Bitfinex price even though their price has diverged to a higher price compared to other exchanges. The exchanges are still moving up, along with …

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Please refer to the screenshot of the Bitfinex daily chart below to find my updated Elliott Wave count for the recent Bitcoin price movements.   I currently put bitcoin price in a wave 2 – [3] flat or expanded flat since the top for wave 1 – [3] that occurred in early February at the …

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By my count, Bitcoin price is currently rising in a Wave 3-[5]-P1 move higher. The 1.62 * Wave 1 extension of the move is at 739.94. I expect bitcoin price to hit some resistance around that area, shown by the first white circle. The new red trendlines are a parallel channels, with slope matching the …

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Bitcoin price has been difficult to chart during most of 2015, so I have not updated the count for quite some time. I took a look at the charts again and propose a bullish count for the bitcoin daily chart, seen below.   Most of 2015 was spent in a tight range between about 300 …

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Hi Everyone, At this time, I am still waiting for Bitcoin price to make a decisive move in one way or the other. I wrote the following elsewhere on the web, so I decided to post it here for everyone else to see. Good trading!   From my post last night, I show through my …

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Another daily squeeze has formed on the daily chart for Bitcoin. The last one did not follow through with its move. Let’s see what it has in store this time. The squeeze triggers once the yellow Bollinger Bands move outside of the dark blue Keltner Channel. So, we are in waiting mode right now. After …

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