ZCL proposal - uptrend ?ZCL has bounced from its decline to back in the uptrend. It should follow this trend in an Elliot wave formation on the way up. We should see larger increases if Bittrex announce support for the fork, which in turn may break the trend line and go on a RUN !! However, for now ZCL seems to be solid and climbing.
Projection
BITCOIN - END OF WAVE 1 ( ONLY THE BEGINNING) Whats up Traders,
Ive been calling for a down of bitcoin for a couple of days now and I think we are starting to see it happen. We did break above the longterm downtrend line with low volume and with multiple indicators giving us divergence that led to a down. I believe this is the end of wave one and we should see a continued sell of for the coming days .
My target buy is around 9,200 with heavy support at 8,800 as well as meeting with some longterm MAs there .
This is nowhere close to the end of bitcoin we still have a long ways to go .
Goodluck on your trading!
-Toaby
$WABI +70% gain + HODL3 targets,
1st target : 30% sell
2nd target : 30% sell
3nd target : 20% sell
10% for the moon
Stabilization of the Ichimoku cloud = entry point
Original project and very usefull
ZCL/BTC Follow Up PredictionsAs i have been learning more i went back to look on previous TA's i have done and found a couple areas id like to improve on, i tried to fix any issues i saw in my previous attempts. One being my ZCL/BTC prediction. Although my targets were not too far off i wanted to make it a cleaner chart and do a bit more analysis on previous patterns within the chart and to kind of show my work on how i got to my predictions. Here is what i came up with.
If there is anything you would like to point out that could help me improve my TA id appreciate it.
**Targets only for prices not dates, i am more interested in getting the proper price targets first before i start trying to nail certain dates and what not**
Thanks!
BTC bullish projection cup and handle scenarioIt kinda looks like a cup and handle pattern forming if you manipulate the the chart in just the right ways, who knows... BTC can't go down forever am I right? I threw the fibonacci regression so it would bounce off a support line, that is if it actually does. HODL!
Evaluating Ethereum's 30-Day PerformanceJust before Crypto skyrocketed to now (60 days), I noticed the trend line is pretty straight (middle line). So I bracketed lows and highs which then gives an estimated trajectory for the next 30 days. Barring any Earth-shattering news from other protocol tokens, I would say this is a decent range in which ETH will perform. I think it also factors in another headline of a major government banning some aspect of the Crypto market. Because, if I remember correctly, one of these headlines occurred in each previous month.
BTCUSD - Long-term Time & Price ProjectionAnticipated future moves of BTCUSD based on time and price analysis from very limited data that's available.
BUY the dips and SELL the rallies, around the anticipated dates. The chart is based on weekly data.
Disclaimer: I DO NOT trade BTCUSD.
#Cardano #ADA is looking for those 438% $crypto gains this monthWell, it could seriously happen, the Daedalus-stored cryptocurrency could be going to moon soon. They've had no shortage of good news lately. last week they announced compatibility with popular cold wallet provider, Ledger. Weiss promoted their rating from a B- to a solid B, equal best with top-10 rivals NEO. Check out their updated roadmap for all their progress and advancements. This bullish Elliot wave structure is coming, and with a risk/reward ratio of 27:1. Cardano seem worth the money to me. I'll enter as shown.
BTC Long term - Massive Elliot Wave Formation This is probably too outrageous for most analysts to believe.
But it's reasonable that BTC is forming a large scale Elliot wave pattern seen most clearly on the daily chart.
Currently on correction wave 2, subwave 5, ready to start a nice powerful impulse wave 3.
EURUSD coming soon ... this is short setup but
USD will have down trend in long (trump's 8 years time) so we can see EURUSD Uptrend in long term view even to 1.6000 ...
Symmetrical triangle as a continution pattern. Target: $5 500.To take a measurement from the symmetrical triangle we need to:
Project the height of the base from the top of the triangle.
Drow a parallel from the top of the baseline.
And here is our target zone: $5 000 - $6 000.
Evaluating Ethereum's 30-Day PerformanceJust before Crypto skyrocketed to now (60 days), I noticed the trend line is pretty straight (middle line). So I bracketed lows and highs which then gives an estimated trajectory for the next 30 days. Barring any Earth-shattering news from other protocol tokens, I would say this is a decent range in which ETH will perform. I think it also factors in another headline of a major government banning some aspect of the Crypto market. Because, if I remember correctly, one of these headlines occurred in each previous month.
MTL Could See A Change In Swing.MTL found support where it commenced a nice rally of what looks to be either a corrective wave in a longer term wave C sequence, or a possible commencement of wave 1. What triggered my eye was after it found support at its all time low, MTL rallied to create a peak, a higher trough, then a Dow confirmation peak. The retracement is a common factor as the bulls that entered in from the all time low, have had some fun and are taking profits. This sell off its what helps for the Cypher pattern, with this current downtrend being the wave 2. A Gann fan also shows some hovering between 2x1 and 1x1. The safety bet here is to let it rise from current price to the 38.2% retracement of XA , it will drop to find support somewhere along the 2/1 lone of the Gann. At this point we need the signals to line up. (Blue Circles) Increased volume, MACD cross to support, and a potent reversal candle which will commence a nice strong Wave 3. Can expect about 138.2 - 175% extension here. DYOR and please feel free to correct my work. This is my first post. Thanks
Long Pennant Formation, ready to POP?!?Here's what I'm looking at for LTC. Looks like the pressure is really building up in the cone of this "LONG," Pennant!!! Looking back at previous Pennants in LTC this Pennant should be No different, as each consolidation, (like this event), should burst LTC to newer highs and higher lows! As indicated in the chart above, my thoughts are as follows...
DXY (Dollar Index) - Potential Buy OpportunityWe are looking for one of the following Scenarios to play out on the Dollar Index. There should be relative strength in the near future.
USDCAD Short opportunityPretty risky bet, but I think I can see this working well.
Expecting UC to continue corrective wave C to the downside.
Entry, exit and take profit are all on chart. Although you may prefer to enter after the small uptrend breaks down first, I will attempt to sell on the the fibonacci 0.5 and add when it breaks.
Enjoy and take care.
Bitcoin: Next Target 27kI like using this strategy to get an idea of potential price we might reach. It makes sense to see Bitcoin to travel up faster as we get up the curve, since more money is getting into the market and as forks keep on happening. What are your thoughts?
Trade with care.
Ambitious 2018 projectioni realize how big of a stretch this seems from this point in time, but on a logarithmic scale it does not seem that crazy. Also note that this is the type of risk/reward big time smart money investors are looking for - and the crypto markets are growing and evolving at a rapid pace. This money in the crypto space is here to stay because it is starting to reveal itself as a save haven asset class - as the fiat currency weakens and dies a slow and brutal death in the coming years, the crypto markets will experience massive inflows of fleeing capital and will serve as a shock absorber that preserves a shitload of wealth - In this scenario, the original 6 cryptos - btc/usd ltc/usd eth/usd ect... will do very well I will be holding the entire time, documenting it along the way.
