Possible OutcomesWe have a wedge forming with a possible break out upwards (in green). We also have a possible triple top forming (in white). I will be watching this closely to see if it will break up above $16,820 or bounce back below $15270.
Future
BTC 1D pattern repeat - possible 9500Additional information and viewpoint to my prev chart. this time 1D instead 1W
BTC-USD 1W price pattern - mega long term and possible futureI like curves and patterns, especially that repeat over and over
Bitcoin's future known by years end. With nothing new to offer the cryptocurrency world Bitcoin is a fledgling technology that may die. By death I mean in 20 years it will be used by retro nerds to make transaction with each other using the world's oldest crypto currency on block chain rather than be the underlying blockchain of the internet of things. I have made solid lines of my projection for Bitcoin in the next 3 months. I believe it will rise to test 700 one last time before it falls to it's fate.
Whether Bitcoin lives or dies it has had a tremendous impact on the condition of mankind. It has ushered in a new era of finance that will change the world forever.
BitShares (BTS) Analysis: How BTS Can Make NEW MultimillionairesThe Idea was released by @haejin ot Steemit. This is the copy for TV audience.
SUMMARY
I am VERY BULLISH on Bitshares (BTS). In this blog post, a log chart is used to analyze Bitshares with Elliott Waves. The below chart shows white roman numeral waves i,ii,iii,iv,v and these are sub waves to the blue wave.
1. Elliott Waves states that after five waves, there is a requisite three waves retracement as shown by the red waves a,b,c. These a,b,c waves also compose the sub waves of blue wave.
2. As a Technical Analyst, I believe the ideal time to buy is at the terminal end of such an a,b,c correction. This is because there is a high confidence event for a trend change to turn up. Since blue wave 1 is complete and blue wave 2 is also or about to with perhaps one more dip, though not required, the next significant wave to be expected is blue wave.
3. This blue wave 3 is expected to take BitShares to never seen price levels. I note that this is a logarithmic chart and not a linear chart so the price ranges are very different. Regardless, Elliott Waves chart five waves. In this chart I have placed also blue waves 4 and 5 which peaks at $342.
steemit-production-imageproxy-thumbnail.s3.amazonaws.com
No, I'm not delusional. I'm sane in mind and spirit. My analysis is based on Elliott Waves and Chart Pattern Recognitions. Using these have brought sizable profits. I now hunt for that next MASSIVE profit potential and see BitShares as the prime target.
It is this kind of opportunity that mints new millionaires, regardless of age, race or creed. A high school student who invests $50 to buy 1,000 BTS at $0.05 could be the owner of quite a bit of dollars should blue wave 5 transpire, and I believe it could. An investment of 10,000 BTS could lead to life changing events. Owners of 500,000 or more BTS would perhaps gain unbelievable resources to help others and do no harm.
Elliott Waves states that a news or an event shall arrive to justify the forecast, and not the reverse. So, what event could propel BitShares to such heights? Didn't Bittrex just try and stomp it out of existence by de-listing it? The truth is, I truly don't know what could cause such a bullish rise. Perhaps the government will finally try and start regulating the centralized exchanges in the name of the IRS or SEC. This would cause many wallet holders in these centralized exchanges to suddenly desire de-centralized local wallets!
LTC/USD- Litecoin ForecastMy analysis founds the same patterns are happening again. People have the same orders in the market; they are looking at the same resistances and placing stop losses at the same target zones. Use this to your advantage.
Don't forget that orders drive the market as well. The majority of traders don't have imagination, therefore they trade based on what happened in the past.
Future of BTC - BUY AND HOLD (HODL)Next move is down, not up.
The history repeats. I think it will be faster, we don't need to see a bearish market during 2 years because mass adoption is starting and that makes things faster.
So, the big high will be during the next Halving of BTC. If you don't know what it is... go google it :)
Values might be really higher than what I've draw. Nobody knows
[BTC/EUR] Possible futureDue to the fact of the update to CW2 it would be not a bad choice to sell now. Beyond this I recommend to watch how first Miners gonna react, even if they all accept it I think the price will fall down anyway, use this fall for your Sell orders and Rebuy when it is at correction. If CW2 get's accepted (what I do think is gonna happen) I think the BTC price will increase rapidly so be sure to check that movement out.
BTC future = short then a strong longHistory is always act repeated the last low price will fall to 1000$ and then it will goto up on 5k $ maybe in this year or until 2020
Now a short will happen but on 1000k usd it will increase again as a crazy
XRPBTC - Third wave incomingFundamental events are lining up for XRP, it is absorbing a lot of attention from the banking industry. Mid July is an important period for XRP.
Rialto.ai will start it's crowdsale on july 15th, the pre-ico starts on july 1st.
Looking into the future with StratisI'm bullish for Stratis long term, it has good fundamentals. I'm looking for Stratis to trail with BTC and drop to a level with support for a good entry position. The correction is over and bulls will return. what do you think?
Observation idea. For possible Future Short Opportunities. I was able to secure 3 trades last week within this bullish channel. I was able to post an analysis of 2 of the opportunities. So while i am still in a very attentive position with this pair. I will continue. Now, i am out of all positions. As i wait for golds next move.
During NFP this Friday. I was able to observe the crash in the dollar, and the lift in XAUUSD price of $19.00. Which is a significant move. FIB Ratio .786 was condemned during this bull run. During my observation at market open. We see a close above structure, and signs of still buyers present. But low volume. Which of course is expected for Sunday- Maybe even Monday.
SO THE PLAN.
Close above .786 And price action finds support. This pair should have a bullish continuation to 1288.00 or even a retest of 1296 -1300 highs. If this takes place. I am interested in a short from those price ranges if the situation presents its self. (Candle Address)
I know for sure 1296-1300 is a strong resistance area. And even 1288 can possibly turn this around. I will be patient and await my opportunities. I find that a long at this price is simply too risky. I could of left my longs from 1262 this week. But that was not part of my plan. Always trade your plan!
1296-1300-Possible Short
1288-Possible Short
Check my link related idea from trade i took last week on this pair.
Eth Enterprise .Ready to boldly go where no man has gone beforeNerdyness on a new level.
ETH enterprise is ready for takeoff . Destination far far up and away.
The only thing we know is that Vitalik have saved you a seat.
Remember to hold on to your Eth...We are going very far and its going much faster then we thought
.Cause this thing runs on Ethereum .
-Disclaimer , my first chart ,made from what I have learnt reading on tradingview.
But really , lets be honest.. Sell your house kids and car, buy Eth cause this is the future.
-If you have comments or constructive criticism please let me know.
Always interested in learning more.
-There is a few things in the world of currencies I am looking forward to.
Ethereum in the next two months is one of them.
Ethereum in the future, even more.
"This will be fun to look back on in the future!"
_____________________________
Ethereum News and upcoming events.
V-ENS launch
Ethereum Name Service offers a secure and decentralised way to address resources both on and off the blockchain using simple, human-readable names.
Live stats can be viewed here once it goes live.
V-EEA adds 86 new members
V-Huobi will list the CNY/ETH pair for trading
V-Huobi is one of China's top 3 crypto exchange.
V-OKcoin will list the CNY/ETH and USD/ETH pair for trading
V-Okcoin is one of China's top 3 crypto exchange.
V-BAT ICO.
From the creator of JavaScript and the co-founder of Mozilla and Firefox, BAT is targeting to raise USD24 million for their blockchain based digital advertising solution.
not confirmedRaiden
Lightning network on Ethereum .
Ca:23 june - Metropolis launch (---This gonna be big---)
Metropolis is a milestone hard fork that upgrades Ethereum . Visit here for the EIPs involved.
Proof of stake
PoS -1.66% is the replacement of PoW to verify transactions.
Stage 1 is 75% complete.
If you like my idea or mean that I am in lack of chartingskills ,
you can always donate some Eth : 0x7354cb10be5e994dbc801388f9de4460c083bc24
Money will be spent on actually getting some chartingskills.
"Dont mind me, I`m not selling I´m just along for the ride"
The future of Litecoin (LTC) & its potential move to $50LTC looks to be testing minor upper resistance at $26. If it can move above the next resistance levels of $27 & $30, we could easily see a push to $50.
The current pull back from the recent high of $39 is great news. It looks like LTC is consolidating and flushing out weak hands or those taking profits. The main fundamentals for LTC still remains, if not improved, since the days of its $3-$4 price range. With the integration of SegWit and talks of integrating the Lightening Network on LTC it shows a new VALUE and PURPOSE for this digital currency. What was once just a copy cat of BTC is now taking front stage as the testing bed for all future innovative technologies that may one day be seen on Bitcoin. Litecoin is now starting to look like the true silver to its gold counter part. Just like silver, Litcoin is a lower denomination digital currency with higher potential upside, volatility and risk for speculative traders/investors. Bitcoin is the slow evolving, trusted, safe heaven to park your money which poses very minimal risks in comparison to other alternatives. I think we are now witnessing a fundamental shift in this alt coin.
Time to rebound-USOILPrice stopped at trend line forming a doji candlestick pattern. RSI is overselled. Probably is time to expect rebound.
Gold Opens LowerGold continues descending through the cloud. Let's see what happens at the bottom. There could be a mid morning bnounce back up.
