Targets in graph. Falling wedge ready to break up. Introducing Mr. Cashio. Ready to bring Bitcoin down. YEAH!
Bitcoin has been following an ascending channel since the beginning of 2017, and price action has been keen to respect the limits of this pattern every time it has reached the upper or the lower limit. Now that we reached the upper limit of the channel a couple days ago, which price heavily tested, a correction is likely to take place towards the supply demand...
In this comparative analysis, we can notice how, before mid-October, BitcoinCash and Bitcoin had a negative correlation (marked by the purple arrows as price action from both repelled each other), and as the Elliot Waves cycle on BCH initiated around October 23rd this has shifted to a positive correlation, as rallies in BitcoinCash mimic those in Bitcoin at a...
Price action broke down both the Fib support level and the main uptrend line, and since Bitcoin's price developed a strong increase in the past days this pair was going to dump as we knew the negative correlation between both. However, since November 2nd, price bounced off the last peak during July, before August's huge price increase (notice the black support...
After a peak on June 20th, ETH has been in a downtrend for a while. Bitcoin stole the show in the previous months and Ethereum has not really had the change to shine. But things might be about to change. I believe that Ethereum has found a bottom now and it will break up from the descending channel with a vertical shape. Once it does so, it will break likely...
After reaching ATH almost at 5000 USD and at FIB 4.764 (when measured 1 = 1150 and 0 = 150 from the last 2013 bubble and retracement), Bitcoin is currently within a downtrend channel facing 4 strong resistances. Hard to break them but if we look to the details of the other patterns, it's interesting how dissimilar they are. BTCUSD is currently within a small bear...
Lots of bulls still, but to me this triangle says it all. I don't think we're going higher, although at this point anything anyone says is just speculation. Moon has been delayed for next year at least in my opinion though. If you take the supports and resistances somehow everything melts down at the end of 2017, around December 30th - December 31st, right around...
After several hours looking into why I didn't see the Litecoin pump, I came to the conclusion I was looking at the wrong charts. LTCUSDT and LTCBTC are not really that important anymore (and those were the ones I was looking at). The important chart is really LTCCNY, considering China is exploding in volume and the Technical Analysis trend is quite easy to predict...
It's starting to look like the plot of a movie. Half of the market seems to try to convince (themselves) we're bullish. The other half is trying to convince (themselves) we're bearish. Everyone looking for validation everywhere. I'm currently out in USDT and sold the three tops. Really not convinced this is going higher so I'm more on the bearish side. But I know...
I missed the train but not going to FOMO on this. I don't think LTC is ready yet for this years massive pump. Still got some more correction to do and more weeks to go. I'm still bullish long term. Two short term bearish signs: - MACD 1H about to cross down. - Bearish Butterfly Harmonic Pattern. LTCBTC also touched a huge resistance. Good luck! Check out...
To the moon and beyond. TP1: 31. Questions and requests on Telegram. More info in my signature. Song for the ride www.youtube.com
The most powerful coin is ready for a huge pump once this triangle is completed. TP1: 440 USDT. TP2: 565 USDT. TP3: 645 USDT. Questions and requests on Telegram. More info in my signature. Song for the ride www.youtube.com
Within the next few weeks, SYS will be testing new highs once the bullish pennant is broken upwards. TP1: 9600 sat. TP2: 13000 sat. TP3: 15000 sat. Questions and requests on Telegram. More info in my signature. Song for the ride www.youtube.com
Ready to break up. TP1: 54. TP2: 75. Questions and requests on Telegram. More info in my signature. Song for the ride www.youtube.com
Bought in at 330 and waiting for this triangle to break out to take SC to new highs. TP between 900-1200.
The wait has been worth it. And it will be way more once Litecoin starts pumping within a week. First TP is 0.026. Good luck :)
The "real chain" has got to catch up with the corrupted one. Immutability makes the king in the crypto world. ETC will prevail! TP1: 0.01 TP2: 0.015. Good luck :)