Eric-kone

Eric-kone

If bull run continues, i think we are gonna see a breakout of VET. We tested the 0.008 resistance two times already in a short time manage to close above the ichimoku cloud, shikou is above the price and cloud, MACD is bullish on daily TF. Hypothetic target is previous high which is the lengh of the low to the 0.008 resistance.

Eric-kone

0.382 fib retracement + support which acted as resistance previously will it be enough ? If not 0.5 fib next in line

Eric-kone

Last two times on weekly timeframe we touched the 73 RSI we had a 10%ish retracement. Can we expect the same this time ?

Eric-kone

It's one of the only 2 daily gaps which are not closed yet. Are we gonna close it ? If yes we can expect support close to 7.5K

Eric-kone

Last time we had a huge bull run and crossed SSB and SSA after 28 bars, like this time So if history is gonna repeat itself we should have a descending triangle forming and breaking out down after 24 bars. Touch one or twice the moving average 200 before the bull run. Should be around december 2020.

Eric-kone

It's been this december 2016 we haven't crossed the Weekly Cloud. Last time we crossed it we had a year bull run. For more conservative play, wait the break and retest of 55 horizontal resistance and waiting the chikou confirmation.

Eric-kone Updated 

Bitcoin is right now in a really critical position but can rebound here because : - we are at the 0.764 fibonacci level - we are testing the upper level of the descending channel (we broke it to test again) - we are currently in the daily timefront sitting on the ssa - chikou is currently sitting on the previous candels In one or two days we should have some...

Eric-kone

Bear POV : rejection by top part of descending channel break of ascending triangle rejection by ichimoku rejection by MA50 RSI downward facing Targets for the bears : - 1 : 9400 Horizontal support - 2 : 0.5 Fibo - 3 : bottom part of descending channel - 4 : 0.618 Fibo Bull POV : Current level supported by - 0.382 Fib level - median of of descending channel -...

Eric-kone

1 - HOT ETH mutiplied it price a first time by 5 then corrected to the 0.786 Fibonnacci level from 141 to 692 to 300 2 - second time same stuff multiplied by 5 then corrected to to the 0.786 Fibonnacci level from 300 to 1490 to 536 Is it time to do the same schema again ? from 536 to 2500 ? if history repeats itself target should be 2500

Eric-kone

IDEA for HOT ETH :D

Eric-kone

Update on previous graph. Volatily is really low. It's gonna break anytime soon.

Eric-kone

Ideas and interest zone on the graph

Eric-kone

- End of APEX - End of symetrical triangle - Triple resistance around 850 if we beak it next resistance is around 980 sats

Eric-kone

Plusieurs scénarios sont possibles sur le RVN. en excluant les scénarios de gange, si on long : Etant donné le rebond sur le Fibo 0.5, j'ai l'impression que c'était la vague 4 (60% de probabilité de corriger entre 30 et 50%) Il est possible qu'une vague 5 soit en préparation. L'objectif théorique de cette vague 5 est le report de la ligne de support du canal...

Eric-kone

Bientot la fin d'un énorme triangle de compression que va donner la cassure ?

Eric-kone

AB=CD pattern + eliot waves 123 to extention 1 for wave 3 (not ambitious) Possible retracement to 345 sat.

Eric-kone

Bounces on EMA100 and Fibo retracement 0382 target 0618.

Eric-kone

bounces on EMA100 and fibo golden pocket target 0.618.