BE READY FOR ETC BREAKOUT!! above 8 usd possible.ETC are on the moment to breakout.
i expect above 8 usd possible.
Bitc
ETH (Y20.P1.E1.v2).MACRO.Trend.ForecastHi All,
This post is a continuation from my previous post (hypothesis).
Thoughts and ideas:
> At this point, we don't have enough data to project way forward like BTC because we lack of a long history regarding ETH.
> Working with what we have, we can speculate (it is the business to speculate) will a number of assumption based on BTC life cycle.
> Green box represents current situation but the target is the upper trend line (230 to 250)
> Note how I made use of the FIB. Gann fan and Ascending triangle rules.
Assumption notes:
> ALTs have hit their target for this cycle (refer to my post on Crypto TotalMarket Cap excluding BTC, link ideas area);
> BTC has 4 cycles which I have explained in a previous post video. I believe we are in the early phase of stage 2 of 4 parabolic rises, where stage 3 is the major parabolic bubble event and stage 4 is the huge bear market;
Similarly I believe ETH will follow something similar, that is we just finishing the bear market phase of the ALTs including ETH. We are only getting uptrend but not a trend change.
Look at the fib. and you will see we bearly hit the 0.286 level.
(I will provide the link here for the video of the BTC life cycle at the bottom of this post)
> Upper macro trend line is established
> This phase is the bottom, just like BTC in 2018
Daily chart
I have 2 targets, a) 230 to 250 and the other is 270
Previous ETH post related to this:
Link to video regarding BTC life cycle
Note: You might have to increase your speaker volume as it seems I had some technical issues with the sound.
Please don't forget to give me a tick\like, as I would appreciate it.
Regards,
S.Sari /CryptoProspa
Bitcoin 4hr prediction 10/14/2019This looks like a bear flag if you ask me. Bolinger bands on multiple time frames are converging and volatility is on the horizon. With the 200 MA above us on the daily I am not very bullish at this point but WTFDIK right? This would be a continuation pattern as well which means we should continue down. Im thinking somewhere around 6500-6800 will be where we find some support. Especially with the death cross becoming closer to a reality on the daily chart. This is just a prediction and should not be taken as financial advice... After all, WTFDIK.
GBTC - Things get interesting!Pretty self explanatory in the chart.
I am expecting increasing volume and hoping that this is the capitulation phase we (and the rest of the community) has been waiting for.
...before you know it we'll be in the accumulation phase.
Sticking with my projection from April to Q1/Q2 2019 as the right buying opportunity.
Cheers!
$ETHChart based off BTC movement, alts will fall with BTC
- Besting looking "safe" support I see, solid tested support
BTC to Finish Short Term Correction WaveBitcoin now bouncing downward on the last leg of an Elliot Correction Wave. The bounce will come off of the 7700-7800 level or break through and bounce off the 7400-7500 level as both price levels indicate large volume profiles (especially 7400 level).
These levels also coincide with the top of the descending trendline, adding more relevancy of a bounce off the 7400 price level.
Will keep this chart updated once the bounce has completed.
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Next huge psychological levels....Tha Big 10k!!!
Fingers crossed for a massive breakthrough past this level, but I highly doubt that will happen on the first attempt.
TOP( 5+1 ) Crypto index analysis I tried to make something like Crypto index i used top 6 Crypto ( Bitcoin + top 5 altcoins )
for preparing this chart i add their price and divided to the total market cap weight respectively .
if you want to check chart you can use below phrase :
BTCUSDT/114+ETHUSDT/48.2+XRPUSDT/20+BCHUSD/13+LTCUSDT/5+EOSUSD/8
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Each time we touch the support line we saw bull run , at this point again we touch support line and MACD line shows confluence .
we can hear bulls sounds
ADABTC BITTREXADA has recently broken out of a long down trend after declining all the way to a weekly up trend line. After bouncing off it and going on a short term bullish run, ADA has retraced down and respected the weekly trend line another 2 times. It is now forming an ascending triangle between the trend and a 4 hr resistance.
Watching closely here for a break and entry on the retrace or a retrace and another bounce off the trend line.
I think this will be determined by BTCs movements over the next few candles.
Watching closely.
XLMBTC BITTREXXLM is forming a symmetrical triangle just above a 4 hour support and weekly uptrend line. The current 4 hr candle has just closed above support and the new candle has opened above. Looking for a bullish engulfing candle off support for confirmation followed by a breakout from the triangle.
With BTC being very volatile at the moment it is risky to enter alt trades so be cautious if entering.
Watching the next 4 hour candle closely.
Bitcoin Triangle Trend Pattern 15min Tframe watch for break (SHORT TERM FOR NOW)
Obviously another triangle pattern emergine on the obove this is an a 15 min time frame, its is definitely worth keeping
any eye on any trend and macd looks like its about to go bullish again the 10/21 ema looks strong for now watch for
any bear traps if we fall out the bottom of this triangle usualy on the 4th touch of the bottom of the support in blue
we will get a nice bounce wchich in a Vbullish market will break through the resistance and if it does not.
We will possibly go through the bottom of the support but just watch that this does not turn into a trap like yeasterday
we fell through the suport which is part of our triangle trend line, but it bounced to me looked like a trap sellers would
have panicked and sold off some BTC when we broke through the support yesterday only for it too bounce again and
go right back through the support and resistance line and sit on top of it, what we are seeing looks like a simple elliot
wave ,1,2,3,4,5 then onto an ABC correction.
Now there are many ways you could count this on many different time frames, but as we have turned a corner with
regards to btc i believe this is a VBullish market at the moment and there is proof of a lot of sideways movement which
was to be expected yesterday, same thing today but we are still following the same pattern of a bullish triangle with
the support and resistance zones acting as they should you can see the Macd & EMA are following this pattern as we bounce
of the resistance just watch for the 4th touch on the support line see if we break through the resistance in red once we
touch for a 4th time.
This does not always play out like this and bears will make it look like we are going Vbullish falling through support just
like yesterday people need to wait for many confirmations this post will be updated with News and longer perspective
of what is going on.
I personally did not expect the market to turn so bullish it was following the last long term pattern we posted exactly
then there was a huge buy too weed out any of the shorts they would have missed out big time, the wales are here
and its obvious to see.
(Updates will be coming later the above it on a simple 15 min time scale.)
Bitcoin : I m Here To Regain My Lost TerritoryHi Everyone,
We are back again, for trying to understand how BTC will behave in near future.
Buy when they tell you to sell and Sell when they tell you to buy, else if you do what they want you to do, you will loose profits and they make more profits.
Again, I am not doing TA analysis, as nothing will work and most of the time it doesn't make sense in swinging market.
BTC after fake sell off, which generated more panic sell off and send every analyst on BEAR MODE. You can see BTC is rising, why? cause no one is buying because everyone is expecting it to drop to 7.5k to 5.5 k or even 2.5k. They might be right or wrong , no one knows. But what we know is nobody wants to buy, hence it is easier for MM, to get BTC at much cheaper price. This is where they will be buying to compensate what sold off and buy some more from extra money and hence more profit.
So our take is BTC will rise to 12k to 13k before doing a bit of re tracing , cause thats where previous support was and this will become resistance. Its Best time to buy, as everyone is either in HOLD mode or BEAR mode.
We literally feel BEAR MODE is OFF now, and its time for BULL to regain the lost ground.
PS: Do remember , we are the very few analyst, Who is giving BUY signal now itself, when everyone else is with BEAR.
If you like or agree article, do like share and subscribe.
For any doubts or question, feel free to message or post a comment.
Thanks
KryptoTimes
