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Eoy

What If We Just Completed Elliott Wave 2?When in doubt, zoom out. I changed the chart to the 1W view and started wondering... What if we just completed Elliott Wave 2? Elliot wave 3 is the largest of the 5 waves so we could be in for a wild ride. $1,000 EOY is an awesome meme (I wouldn't be mad if it happened) but it appears that $10-$11 EOY is definitely in play. This would put the price somewhere around $12-$13 somewhere in the first quarter of 2020. As always, price could push higher and that would be great but organic growth takes time. bottom line is, buckle up because this rocketship is about to take off. *This is not financial advice. I am not responsible for losses of money.*
BINANCE:LINKUSDLong
by ParCrypto
Cardano price prediction by the EOYFor almost 6 months Cardano has been losing its’ value to the Bitcoin. Since may price dropped by nearly 77%, while ADA/BTC moved from 4200, down to 900 satoshis. At that level, ADA found the support at 327.2% Fibonacci retracement level, applied to corrective wave up after the uptrend trendline breakout. The support has been rejected cleanly; in fact, ADA just touched this price once on the 12th of September. Then price went up, hitting 1400 satoshis resistance area. The resistance is very strong as there are multiple technical obstacles preventing the price to go higher. First is a upper trendline of the descending channel, second is the 50 Moving Average and third is the 23.6% Fibonacci retracement level. On the other hand, looking at the RSI oscillator, it broke above the downtrend trendline, where it found the support afterwards. Currently it seems like the RSI is ready to move higher, although price action tells quite the opposite. This brings indecision aspect, where either buying or selling Cardano could quite risky. For ADA to go high, daily close must be well above the 1400 satoshis level, confirmed by the heavy buying volume. And unless the resistance is broken, ADA/BTC price should drop down once again, especially considering the fact that the overall trend is down. In the downtrend scenario, while the resistance is holding, Cardano might produce a double bottom at 900 satoshis level, and if broken, go further down towards the 322 satoshis Fibonacci support. The EOY price will most likely depend on the next move by ADA. Price is likely to stay at the 1k satoshis by the year end, unless there will be a confirmed breakout above the current resistance. In that case, by the 1st of Jan 2019, Cardano could reach 2k satoshis and beyond. Support: 1. 0.00000962 2. 0.00000322 Resistance: 1. 0.00001356 2. 0.00001983 3. 0.00002200
by CryptalDash
1
XRP EOY Price @ $589!? More Like $0.17! (XRP Down Cycle)Since xrp's all time high, the price has been retracing ever since. The percentage drop and the timeframe it took to drop is labelled on the chart. The question is are we still in a bear market or have we reached the bottom?... hmmm If we ARE still bearish then the previous patterns of the plumit of price in the past should be a good indication of where the price is proceeding to in the future. Since all time high, xrp price dropped; -76% over 33 days. corrects then drops; -60% over 48 days corrects then drops; -78% over 108-140 days - (This time frame is the outlyer) Mean = -71.3% drop Standard Deviation = +/- 9.8% Upper Limit = -61.5% Lower Limit = -81.1% Therefore i believe that the price will drop another approx 71.3% (+/-) 9.8% before we see another bullish market turn around... with all that being said, i dont really know, its a strange world, the world of crypto , i could be wrong, and i have before , but i hope for low prices, so i can buy mor e. Happy Hodling! :)
Long
by StephenGuilfoyle
2
Ethereum January 2019 Long Prediction – 2 Year Parallel ChannelHello everyone! Here is a crazy idea. Here I present a logarithmic chart of Etherum ( ETHUSD 0.65% ) with a 2-year parallel growth channel. This potentially suggests that by the end of the year we could see the price of ETH being between $5,000 and $60,000 USD. I am personally confident that the price will be nearly $5,000 and this chart supports that idea. Assuming that the total circulation supply of ETH reaches ~100,000,000 by the end of the year, $5,000 a share would result in a market capitalization of 500 billion USD. Not too ridiculous in my opinion. However, 6 trillion on the other hand (maximum channel goal), may be ridiculous. Now, I know this is fucking insane, but the exponential nature of the ETH blockchain (DApps, token genesis, etc.) suggests this channel is possible. Personal disclaimer: Don't take any of my published ideas as reality. Always make educated decisions before doing anything with your investments. Use my charts for educational purposes only. Trade at your own risk.
BITFINEX:ETHUSDLong
by copa1079
5