BudBronson

BudBronson Updated 

First of all - this is neither a call for a potential Armageddon scenario, nor a shill for BTC hitting its ATH soon. I've just noticed that the current drop has strong similarities with the one of 2014 - so this is a view on a scenario which could play out when history would repeat itself. Before diving in, keep in mind this quote from Sir John Templeton. "The...

BudBronson Updated 

Hey guys, as you can see we saw a sharp impulse on Populous which has been followed by a clear identifiable three wave correction. I consider the current price area to be the bottom of a potential wave (2) or B. I do expect that we will see the start of a further bullish impulse soon, which will take out the previous high of wave (1) or A. The targets are shown on...

BudBronson Updated 

Hey guys, as you can see I've labeled the count so there is actually not much to say besides: Don't fomo yet. There is still a chance for a bearish scenario. $6k is actually the initial level I was looking for to enter big before price began to surge few days ago. With respect to the length of the 3rd subwave of wave 3 in c, the upcoming fifth wave (if there will...

BudBronson Updated 

BTCUSD 4H Hey guys, as already written on my Telegram, I am favouring - based on my analysis - a drop to the marked 8.6k-8k area first before heading to the upside and finally breaking the bigger counter-trendline that has been well respected since the beginning of the larger correction. You'll see a very similar pattern and behaviour in price on many other...

BudBronson Updated 

XRPUSD 4H Hey guys. As you can see, xrp is currently trading within a triangle. The max. upside would be point e. Even if this would mean that price would have to break the counter-trendline, I would not see this as a bullish confirmation, as long as we do not get to see an impulsive break & close above $0.98. The downside targets are marked on the chart, with...

BudBronson Updated 

LTCUSD 2H Hey guys, as you can see we have currently have a head&shoulders within the correction of a larger degree. I assume the current move we're in to be wave c of 2 or B. So once, price breaks the h&s to the downside and heads down to marked zone ($170-160), we might get a very high probability trade. Do definitely not miss this one. The minimum target is...

BudBronson Updated 

OMGUSD 1H Hey guys, as we can see on many alts including OMG we have completed a five wave structure to the upside that has started when BTC hit 6k. After that, a minor five wave structure which can be labeled as wave (a) of a bigger three wave (abc) started and has now finished. I'll be looking for a minor upmove (wave (b)) and finally for another bearish minor...

BudBronson Updated 

ZECUSD 2H Hey guys, price is about to complete wave e inside a triangle. I am expecting a break to the upside soon. The targets are marked on the chart. Do not forget to like for updates and new T.A's. Also, feel free to join my free Telegram: t.me for more insights and calls.

BudBronson Updated 

LTCUSD 4H Hey guys, the overall correlation to BTC on the altmarket is still clearly visible. However, there are some coins that have been performing much better than BTC. As for Litecoin, we saw price forming a double bottom, but still need a confirmation for it to count it as valid. This would happen if we get to see an impulsive break & close above $175...

BudBronson Updated 

BTCUSD 4H Hey guys. As you have seen on my previous Bitcoin and Ripple forecasts, I've been quite bearish for the past few weeks and didn't call for a reversal once. This has changed now. I assume the overall correction to end very soon. My projected reversal zones are $7.300-6.900 and $6.500 max. Here are my reasons: - We have (almost) completed a whole...

BudBronson Updated 

Hey guys, as you've seen on my previous forecasts on BTC and XRP, I've started to accumulate and increase my holdings. Besides the technicals, my bias is getting even more long biased due to the massive pessimism around inexperienced traders and overall media coverage. As you can see on the chart above, this is not the first time the world has witnessed such a...

BudBronson Updated 

XRPUSD 4H Hey guys, same as with my previous analysis on BTCUSD on which I've been calling for a reversal to happen soon - I am also keeping an eye on XRPUSD, as I believe that the accumulation phase has already begun. This does not mean that I am calling for reversal to happen now, but soon. I have three projected reversal areas marked on the chart. Therefore,...

BudBronson Updated 

XRPUSD 4H I assume the current corrective structure (-4° channel) to be the second wave of wave c of a larger degree - which might either play out in a three wave abc structure or an abcde five-wave structure, followed by an impulsive break to the downside. The levels I am keeping an eye on are $0.65 (key support) and $0.45. $0.45 acts as a heavy confluence...

BudBronson Updated 

XRP/USD 4H After price has recovered from the bloodbath in the recent weeks/days, xrpusd has clearly gained strength again and broke the counter-trendline as shown above. However, calling this the end of the overall corrective structure, might be a bit too early in my opinion as the corrective structure looks to me very much like a zig zag, which would find its...

BudBronson Updated 

IOT/USD 4H Being in an expanding wedge, we're currently in the making of the subwave 4 of c. I expect price to rise till the marked sell zone ($3.50-3.75). If price proves me right, we should see from there on the start and the final bearish impulse of the overall corrective structure. This could either result in a double bottom or ideally in a lower low till...

BudBronson Updated 

BTCUSD 4H Chart says it all!

BudBronson

BTCUSD 4H Chart says it all!

BudBronson Updated 

As you guys can see, we have multiple confluence factors at the current price level, indicating that wave 3 is about to start. Targets are marked on the chart. +122% minimum target from the current price level.