Etch1234

Etch1234 Updated 

and it will probably stop working when they see that people are starting to notice. Don't forget to leave a like :)

Etch1234

Bounced on trendline

Etch1234 Updated 

Hello everybody. I am seeing a fractal from the original dump down to 6k that will take us to the 8ks again in the short term, before quite probably continuing the downtrend. Maybe we'll print one last lower high before an even deeper eventual dump below 3k. Or the whole structure is a big bullish wedge. Either way a double top after 8ks and some more...

Etch1234 Updated 

Buy link, short cripple. Next support for ripple is around 6c, for link it's $1.80. That's the difference between a healthy and an unhealthy chart.

Etch1234 Updated 

Target is the descending trendline above. We just retested the resistance to confirm as support, so great entry here! Please see related idea for long term view on this market. This move is starting to confirm this other macro idea about the long term bull market starting at the close of the month.

Etch1234

Monthly MACD Crossover could happen at the close of this month, along with a bullish inside bar candlestick pattern. This could be a catalyst for a parabolic bull run like none ever seen before in history. This could be THE most critical month in crypto history for deciding if the bull market is happening in it's truest form. We could even see a cup and handle...

Etch1234 Updated 

Hello everyone. I recommend to read part 1 of this analysis before continuing if you have not. If you a follower, then welcome back, and I just wanted to say thank you to my new followers as well who have been waiting for this one. To put it simply, my original EW count has been invalidated by this gruesome price action over the weekend where no doubt many stops...

Etch1234 Updated 

Hello everyone, I'm back from my holiday! It's good to be back. I missed looking at the charts and making new analyses, but I did keep up with reading the news in the space. Let's get into the chart. What you are looking at is the log chart for chainlink on the 4 hour. This means that unlike the linear chart, it increases by orders of magnitude rather than 1...

Etch1234 Updated 

Target is 600 sats on the monthly chart.

Etch1234 Updated 

Target is the wave 5 1:1 extension. Not much else to say about it but we keep going up. Will update with smaller movements so please don't forget to leave a like so you get notified when I make an update. I realised that even if you follow someone, you don't get emails when they update ideas by default, but if you like the post it does notify you!

Etch1234 Updated 

Welcome to the games. I just want to start by saying that this is some of the most OBVIOUS market manipulation I have ever seen and this gives me some serous doubts about the long term health of this market. It seemed like before we would reach our target of around 24k sats region, but we ended up taking profits at the 22k as we started to turn downwards. I posted...

Etch1234 Updated 

>7 R:R RSI is super low, generally pretty safe for an entry. Fundamentals: AMA with Chainlink tomorrow.

Etch1234 Updated 

Shorting this ending 5th wave diagonal. Target is a strong support and 0.618 fib level. Pretty ideal setup here. Already dropping down as I write this. (Click and drag the price to scroll on chart) Sell: 0.00016900 Rebuy: 0.000157 Stop: 0.00071 Enjoy! Please don't forget to leave a like! See also: ONE trade (AMA with chainlink tomorrow) ;)

Etch1234 Updated 

As my followers know, I've been following alts pretty closely. Many alts have been following the same pattern to the bitcoin pair, with one downward sloping trendline connecting the wicks of the lows from the last week or so. This tells me that a lot of alts are finding support, and possibly even preparing for the fabled ALT SEASON. However, Litecoin is quite...

Etch1234 Updated 

EW count says it all really. Target is 0.003232, or a 90% drop from here over the next few months. First target will be the 0.026 region. Depending on the bounce there, we can decide if this 90% drop scenario will play out. Stop should be on that white line. A closer look at the elliott wave count. Note that we broke the upwards sloping support and there is...

Etch1234 Updated 

May 2017- 12 green candles in a row.

Etch1234 Updated 

On this chart, we have a crypto specialty, the symmetrical triangle, where the target is generally the height of the triangle. However, these have not been the most reliable in recent times, so I'd recommend taking some profits on the way up. Everything is looking good for the next few hours. MACD crossed over. RSI ticking up, and lots of volume. Target is equal...

Etch1234 Updated 

Shooting star candle on D1... We should create a lower high today and that will trigger a big drop of about 1000 points in the coming days. 5 green daily candles in a row. Not sure this looks so strong for the near term. Forming a bearish wedge in the next 30 days or so. Short term target is bottom of the wedge. Stick to the stop loss above previous high. Short...