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Wavetheory

IOST short term flips for the long term holdLoving that IOST. This is my general feeling towards iost for the immediate future. The price action shows strength on the bull's side. I'm pretty sure we can all see that the general trend is up, so a long term hold will surely win. However, if one wants to flip a bit of their iost for profit... Here are some projections for our dearly beloved iost. Our token appears to be making horizontal movement within a range, shown in blue. If it breaches the top horizontal blue line, it will be making bullish movements. The bottom, bearish. The bearish targets are shown in red and the bullish ones in green. The bold red line is a point of interest. It represents the NT value for the bearish set of targets. If we spend enough time above this bolded red line then it makes it more and more likely that we will not be reaching any of the other bearish targets, in other words, it is bullish. This can be seen as resistance that we must break, along with the upper light blue barrier. I have a bullish bias. We appear to have made a nice bounce off of the 2 hour conversion line, which would have been a beautiful entry. The price is trending upwards because it is above the cloud. The trend has momentum because the conversion line is above the base line, and the price is above the t-k lines, and the t-k lines are above the kumo. The kumo is largely flat but still experiencing a bullish "ebb/flow" shown by being green. If we take a look closer, at the 1hr, we can see that all of the above bullish signals are also true, except the t-k lines and the kumo spans are trending upwards. This is bullish. Pick your entry and gamble wisely, if you don't have one already. I personally try to make bearish targets just in case things head south. I am personally long.
ILong
by Thegreatomski
3
AUD/USDAU made 7 swings down creating an over lapping diagonal pattern breaking trend line creating a smaller diagonal as it did so. It can extend down a little more. We don't have full confirmation of reversal, but you do see the bands and the level that it is at. I believe it to be in correction, which considering the price action on the weekly I would expect a more complex pattern, and as far as the wave pattern goes it would be totally possible for it to go up to break the high in a double combo 7 swing pattern, in which case it would probably not break the last low, however it can... That pattern could extend all the way up to that zone.... 38% from this very spot lines up exactly with the level u see marked. I'm not saying to just swing it and go for that, but I see it as very possible considering that this is the exact pattern it has made up to this point.....
Long
by thillygoosth
USD/CAD projected patternConsidering Ucad's patterns in the past and also its current structure in relation to fibs, if it was gonna break out to upside, I will look for it to do so in this manner, possibly creating a 7 swing or triple combo. As of right now there is no setup in my opinion. Seems to be measuring out for a 7 swing, but depending how it shakes out, that 1.3000 level would be one to watch possibly for another sell. It did come off the .618 and could continue to the downside, but I highly doubt this pattern will be that simple. Or it could reverse this week and continue down in a 3 wave to the .786. Regardless, there will be setups on it in the near future. I will do my best to try to keep you posted. Have to consider it to be in an uptrend for now until something changes.
by thillygoosth
Bitcoin (BTC) MA Death/Golden Cross Analysis (Part 9) --> +7%Welcome to my 9th segment in my golden/death cross analysis series! My strategy is very simple: wait for longer-term trends to reveal themselves when the price crosses the moving average. We're capturing not only the positive movements but capitalizing on the negative movements as well! In our last short segment, we sold and bought back in at the same level! This doesn't happen often, but following the strategy will lead to profit. Segment 4 04/01/2018 - BUY $7,150 04/04/2018 - SELL $6,900 04/08/2018 - BUY $6,900 Beginning ($): $11,100 Ending ($): $10,700 Beginning (BTC): 1.55 Ending (BTC): 1.55 Segment 5 04/08/2018 - BUY $6,900 TBD - SELL TBD TBD - BUY TBD Beginning ($): $10,700 Ending ($): TBD Beginning (BTC): 1.55 Ending (BTC): TBD Let's hope we see some upward movement here and let's capture some gain against USD! Follow along by clicking like and following me to get updates on this strategy!
BLong
by dsgorthy
4
Eur/cadI was looking for Ecad to push up one little time for a small buy, didn't work out. It still may make more of a flag here but I think it is on the way down, at least on the weekly. Regardless, I spent some time on this one today. Looking at its pattern since '91. It's like anyway you look at it, it is w-x-y over and over... Meaning multiple ways to look at it in 7 swing form, or 3 swing. It is following this fork and different trend fib measurements. The weekly is way over bought and showing it is turning. Makes perfect sense for it to drop from this supply zone for the pattern. Classic 7 swing. If it does like I have drawn up, it will finish a 7 swing lining up exactly fib wise with the larger pattern and pitchfork. IF it did this it would take like a year, going to 140 price level roughly. But it seems about ready. EU, EA, EN looking downside. I am taking this trade and holding for a year. Remember, it can make a higher high on 4 hr/daily. It may break the low and pull back up,but it would only be to finish a correction, probably like a flag... Most likely. I will do a video on my channel (link) later tonight when I have time to give you the full picture.
Short
by thillygoosth