


EuroMotif
ModOne possible path to 8k on this bull run. So far the velocity vector is pointed up. Acceleration from spike is still at work. Is it all just cuz of the "Tether Fud"? Or cuz some whale dropped $100mil? Maybe cuz of the fated Short Squeeze? I think all of the above PLUS long term fundamental developments. There are many 'things' in progress to bring 'adoption' a...
This is part of my ongoing series "Pulse of an Asset times Fibonacci". An "Impulse" in any market creates "Ripples" like a Pebble into Water. Sometimes a Wave returns to the Impulse, should be observed carefully. This Impulse was the drop from 7400 over six months ago. Its Ripples marked almost every turn in price since that time. The Wave has since walked back...
The above chart is zoomed in for clarity, see full picture below. Monero and almost all of the Alts are being dessimated by BTC. The primary wave in this drop should have ended at the red 9.618. Bitcoin going Ultra-Bull killed this bounce and then broke the floor. It has just now pierced and resurfaced from a perfect Confluence. That may have been a stop hunt as...
XLM along with most Alts has been diving vs BTC. It has broken through several support zones already. Now it has just a couple of supports before DOOOOM!
Part of my ongoing series to observe certain Price Action events. An "Impulse" creates "Ripples" like when a Pebble falls into Water. The Ripples make up the "Wave" which eventually ends and recedes. As the Wave recedes, it will collide with Ripples in opposite direction. If the Wave returns to Impulse, that is an event worth close scrutiny. As the Wave gets...
Part of my ongoing study of Fibonacci Extensions and their relevance to all Assets. The 9.618 is a particularly interesting extension, quite often the ender of Moves. Confidence in this plot can be measured by the number of EXACT hits on fib ratios. Was it the End of the Trend, or just a Bend? Of course I have no idea what will happen. But IF an End, that was a...
Risk-off sentiment (and thus Yen) has been strong. UJ has just hit a support but it probably will not hold. There are some support zones below worth watching. 109.2x is likely to be tested. 109.xx should be strong support. 108.5x break puts uptrend at risk. This is part of my ongoing Dollar/Yen analysis: Last call was the Top to short: Previous Bounce call:...
Nano has been retracing most of the recent climb. It is now approaching some strong support zones. If all 3 zones fail, it will be catastrophic for bulls! 27xxx sats should offer at least a dead cat bounce. 262xx might catch a spike of stop hunt below 2700. 255xx is Bulls' Last Stand, below which is Doom! . See some of my other ALT coins plots below . I also...
Quick plot to observe behavior around Fib Confluences. I am NOT trading GBP pairs due to crazy news moves. But always observing, and price action here will be telling. Blue fib is of the wave up which ended at a 4.236 (very common). Red fib is of the Ripples caused by the Weekend Gap down. Confluence of 2 always interesting, and there are two such zones. Red...
By now every Crypto Fan has heard about the Binance hack. BNB held up surprisingly well with a dip only to previous support. But will the "Other Shoe Fall" soon? Is it worse than currently known? I was suprised and dissappointed when CZ mentioned a rollback on BTC blockchain. I thought he was far more kowledgeable about the fundamentals behind Bitcoin. While I...
Gold was due for a bounce per my previous analysis. The FED rate decision started it, now Trade Wars adding. If the Trump -vs- China rhetoric escalates, 1300 should be easy. So we have a perfect 12345 impulse for wave possible wave (I). ABC retrace is requisite but may be shallower than the plotted. Key is try and catch wave (III) where most of the gains will...
Follow up of this Fib series I have been posting for some months now. Each of these Ripples has been Precisely tested and often relfected price. After previous Reflection off the 3.236, we now have a clear breach in place. Bull Trap? Maybe, but that migth still be yet to come. Bull Run? Sure looks like it, but retrace is needed soon! Short Squeeze? Not yet, but...
ZRX has been stuck in a precise Fib range. The reflections might be done with a higher low. Breakout of the zone will be key, buy on retest. 0.28 is the key price to break above. 0.30 will be first target and resistance. 0.34 should be reachable if bulls continue.
OMG recently made a lower low versus BTC. This even while most Alts made a higher low. So is the bottom in or looking a little lower yet? 3000 sats looks to be a psych support but weak. 2300 sats should complete the wave perfectly. 1684 sats is the Do-or-Die price for this coin. . See some of my other ALT coins plots below . I also plot Forex and some...
This is part of my ongoing study of assets that "Return to the Impulse". An impulse occurs from a large sell/buy force applied for limited time. If re-visited, Impulse usually rejects at boundary or core of .382-.618. This was an perfect example of the .618 rejecting, TWICE. On second attempt it rejected even before being touched. Maybe a third attempt will give...
Quick plot to guesstimate LTC bounce targets. Purple Fib was clearly in control of down wave. Blue Fib took over immediately upon bounce. The 12345 Elliott Wave is messy but within rules. If 4 overlaps into 1 at all, then it is only corrective. Corrective as in 12345 is really (A) of an ABC to come? If wave 5 extends to 86.xx then more likely continuation of...
EOS has been lagging in the bull run of large cap coins. But it has been following a clear rhythm since the bottom. If bulls hold the 5.618 around $5, then the 9.618 is possible. If the 5.618 breaks, then the 4.618 is absoulute last stand. If the 4.618 breaks, then we may have a serious correction. If the 4.618 hist and bounces, then the 8.236 is likely top.
This fib series has been in effect since the drop from 7400. The recent moves up have been in sync especially around band 3. Relvance of Band 3 was confirmed by the small rejection at 3.618. Requirements: 1) The 3.236 at 5836 needs to break, will probably reject first. 2) If 3.236 is retested, it must bounce precisely and not return. 3) If 3.618 breaks, then we...