


EuroMotif
ModChainLink had a nice spike vs BTC (and thus vs USD). Now it is struggling against natural wave end-points. Blue 9.618 and Green 4.236 are in confluence up here. If it does break above this area, it could fly much further. If it rejects here, the blue 4.618 is the likely retrace zone. If it rejects but bounces before the 4.618, it should MOON. . See some of...
If you are looking at this, you know Matic has been flying. I know nothing of this coin, nor have I ever charted it before. So just a quick plot, mostly tongue-in-cheek but who knows? 191-192 best not even tested, but if so better bounce like a Super Ball. 279-285 really ought to cause a pullback, but if not then like Holy Cow. 334-347 really ought to burst the...
XRP has been steadily working its way back up the Fib staircase. It has now reached the Impulse Zone that Tether FUD had brought. The Impulse Core (.382-.618) will have the most focused selling. The Outer Moat was the 1.618 from last wave up. The Outer Gate is the fib 1.0, bottom of Impulse. The Impulse Exit is the fib 0.0, start of Impulse. Breach of Impulse...
So there we have it, the retrace we all knew was coming, is underway. The spark was Tether FUD again, amazingly well timed at the Tippy-Top. Historically, FUD launched at tops comes in 3 rounds, or at least 2 events. Thus we can imagine an ABC correction as prescribed by Elliott. Perhaps as we near resistance, another bad-news event will hit? Or maybe bag holders...
As we all know, Alts have been getting killed especially versus BTC . Ethos has fallen to a critical support and looks to test it again soon. Bulls made a push recently but gave back all of the gains as quickly. 2060 resistance is getting reinforced, must be breached quickly and decisively. 1900 support has been mostly used up, will not hold again, let alone...
Litecoin lead the crypto rally early on, then fell behind. It fijnally sprinted to catch up, and overshot the 9.618. As we know, 9.618's are almost always marking the top. The retrace was sparked by additional Tether FUD. But not until the "BlowOff Top" or "Bull Trap" above. It is good to fearful of a 9.618 and any spike above. 9.618 to 4.618 is a common retrace...
Quick update of some nearby support zones, as follow up to my 8k call here . I will post a higher tf plan later, but for now some re-entry points to watch. I had posted these in live chat, have not had time to Publish as Idea. Some authors ask you to follow them on other networks for updates. Why? Because they want you to pay them for something over there...
Quick plot to present some nearby Support and Resistance zones to watch. Chikun was a bit lethargic this last leg, but only because it lead the way early on. The King determines overall sentiment, but LTC is the "Canary in the Coal Mine". I did not have time to post this Idea in real time, but was posting in TV chat. Also, I will post a bigger picture later, but...
Quick plot to map some of the nearby Support and Resistance zones. This is a followup to my Bigger Picture Plan that called for 33% surge. As price action progresses, I will update this Idea or post a new one. During the exciting rally, many of us were trading live in TV chat. Some of us snagged a few scalps for 2-3% gains in 2-3 minutes each! Some of us made...
Follow up to my previous post when SPX topped, see link below. The 9.618 extension is a very common Murder of Moves. It already rejected, and day after was Trump-China escalation. Thus the Gap down, which gave me another Impulse/fib to map. Now I look for Confluences of the two Fibs pushing in opposite directions. Blue arrows are possibilities implying sooner...
Stellar has been driven down much worse than many other Alts. It is one of the ''well established'' coins that have fallen out of favor. It looks to have bottomed, and is hinting at an impulsive move up soon. There is a lot of resistance just above the possible wave (1) that rejected previously. Wave (2) might be done, but I think it might come back for another...
This is an update to my BNB analysis after the top. Looks to be in a wave 4, possibly starting wave 5. This could possibly be just A of an ABC (unlikely). The dark blue path is what I think is most likely. The light blue path is a more bullish possibility. Also possible that we reverse as is (unlikely). See my Top call below , after which it has been...
Ether has been lagging behind the King, and even LTC for that matter. The last peak at $829 was almost exactly one year ago, in May of 2018. That Impulse and its Ripples have carried the price since then down to $82. From the bottom it has been accumulating energy at each Band traversed. It has worked its way through the lower bands of this long term Fib...
I know, I know, "Euphoria" is the first word that comes to my mind as well! That's what I thought at first when some fibs were targeting 5650 then 6131. Then I was still in disbelief when 7500 and 8k were in line (see ideas below). This chart is an example of a very special yet very natural Fibonacci Sequence. Nature's "Golden Ratio" pattern is to increase by...
We have all watched Bitcoin rocket and Alts deteriorate. Alts have been dropping not just against BTC but USD also. Many have hit new All Time Lows, with very little bounce. We all know that there are way too many "me-too" coins. Sure some of them are great Concepts with good Teams. But are there really 1000's of ways to use the Blockchain? We also know the...
BCH has been leading the large cap coins again. Looks like it has enough energy for one more push. Key is the 3.618 fib which must hold if tested. 277 will preferebly NOT be tested or bounce strong. 297 is immediate hurdle, 300 round not so important. 382 would be nice wave 5 end, 403 an extended one.
This is a zoomed in chart of bigger picture linked below. Wave III looks to be complete, now looking for wave IV. 6100 would be an ultra bullish bounce, but is possible. Below is the bigger wave plot, looking for 8k at end of bigger 12345
BAT hit an expected support and bounced, see previous analysis below. The bounce was exactly from a lower support to higher former support. Close up looks like a clean 5-wave Impulse, calling for an ABC retrace. 3200-3230 bounce would be very bullish. 3050-3100 bounce would be 'normal' for early in move. 3160-3150 is a mid support (2.236) may well bounce...