The 8,6-month-cycle didnt hold in 2014, having another bearish 8,6-cycle starting june/july. We are now going into the 8,6-month cycle into september, so that will be a turning point marking either another 8,6-month of bear or bull!
If we see a panic mid-month, we can expect a turning point there.
Sines look good, just need to time the bottom.
EOS is a good opportunity to buy soon. Watch out.
Everything points towards a bear till end of 2018. I´m expecting a bounce off of the long-term demand zone.
Some voodoo on ETC. If we follow the trendline, it hits exactly 1.1.19! Coinbase listing could destroy the structure on the short-term, but it will go back to the mean.
Waiting for the red candle to get taken out before going long.
Looking at the sines, we have a perfect of maximas. Downwards from here for two years.
Currently wedging and possibly in accumulation. Watching this closely for a breakout.
We bounced off of long-term demand zone. We have liquidity pools above. Bullish. -------------- So supply zones have been pretty accurate in usage, we created tighter and tigher trading ranges. We bounced off of demand zone multiple times, and the trading range keep getting smaller until we create a true higher high, marking off the bull run.
We´re going into some heavy resistance, probably consolidating a bit, and then clear towards the top red box(third supply zone).
Long now. Stops and targets aas indicated.
We might see some accumulation happening soon, but there are no signs of it yet.
IMO Smart money wants to drive prizes down here. They need to accumulate. There is no better way to do this than to push prizes down and make retail FOMO buyers feel pain.