Hello friends and fellow traders, welcome to this idea on ETHUSD. Looking at the weekly gives us a good idea as to how far ETH has come and where it’s planning to go. On a conservative estimate, I’d say $20K isn’t out of the question for ETH some day. From the surface, if one just look at ETH’s correction from $1400 to $360, one may arrive to the conclusion...
Guys, While I’m longterm bullish on POA, this correction seems like it’s not done yet: 1) We are only .382 the amount of bars it took for the impulse wave that precedes it. 2) I am unable to identify the waves in the daily chart, making this seem like a single impulse wave that’s part of a larger corrective wave. With that said, we do have a short bullish...
Hey guys, Ripple is struggling to prove itself due lots of FUDs in the media at the moment. Say what you will but XRP is one of the few projects that actually has products that are being used right now. xCurrent, xRapid, and xVia are real products being used by major banks and MoneyGram right now as we speak as opposed to some pie in the sky 1 zillion TPS...
Ladies and gents, cycles exist whether you like it or not. When you understand and respect cycles, you’ll do much better as a trader. There are bull and bear cycles with every asset. While we can rely on fib levels for correction entries, not understanding cycles will lock up your capital for an unknown amount of time and ultimately force a premature losing...
One of the better fundamental projects with a heads down team and ramping up their marketing efforts. EXP looks primed to take off in the next month.
maybe BTC just completed an impulse and more correction is in order. if so it could look like a head and shoulder still have to see how this develops, but it is one potential path
Testing Fib Time Tool. Expecting a retrace until 0.38 fib.time.tool is reached
I went fully Fibonacci on SUB. Using the time zone, retracement, extension and arc/circle tool. Any thoughts on the target zone?
IOTA made some adjustements, but didnt go lower than the lowest point after the 'ATH'. Same happend in the first december week. After that it shoot up crazy, same could happen this week.. I dont excpect such a huge rise to the moon as then, but should be a nice bet to a new 'ATH' and around 7-8$. First rise: 1.4 - 5.5 = Factor 3.92 Second rise: 3.9-x = Factor...