FloppinFish

FloppinFish Updated 

There, I said it. BTC is coming off the B wave in the ABC correction. It has started it's first impulse wave down. If the Andrews Pitchfork is still valid, I've labeled the impulse waves downwards within its' channels. Let's hope and pray this is the last dip. PLEASE!!!!!!

FloppinFish

For whatever reason, I've always read ICON's trading symbol as ICE. It is what it is. I strongly believe that we've broke out of the downward pitchfork pattern. If I am recognizing the first wave up correctly, then this is exciting times and I hope no FUD will break ICX out of it's next wave up! Here's a closer look at the Elliott Waves and impulse waves.

FloppinFish Updated 

IOST has hit rock bottom and I believe the 5-3 Elliott Wave has played out to 354 Satoshis. But is this just the first part of wave one? Has the pullback and correction started yet? That bottom isn't very far down, so I'm excited to see what this chart does. Who knows, this may just be the first of the waves! Check out that pitchfork channel!

FloppinFish

TA is nothing without news and real products. TA just helps you guide your investing decisions. IOST hit Binance a couple of months back, but I just noticed it with it's recent pop. Not sure how excited or fascinated I am with the project, but I'll hodl a nice bag and see where it takes me.

FloppinFish

There seems to be a resistance or "dumb zone" @ 33600 SATS. Zoomed in closer to the 2H chart, BQX seems to have formed an inverted head and shoulders pattern. What I'm confused by though, is the volume. Shouldn't the volume indicate a valid H & S pattern? I see 4 bumps in volume, with the 3rd not correlating to a price action. Either way, it's going up or going...

FloppinFish

3 of them to be exact. I'm not sure if it's because it's almost 4 am, but here are more pitchforks. I've been fascinated by these charts and how the price moves seemingly perfect between the median line and the channels. You can use these as a supplement of guideline to the way you trade. I still have yet to figure that out, but I think the answer is right in...

FloppinFish

Oh, no duh. Icon has been on a tear the past two days. I feel like it has to correct itself, but using my favorite new tool - The Andrews Pitchfork, price has definitely broken out of it's beautiful followed channels. If it goes higher, it should test resistance @ 5000-5300 SATS. The other probability is that price corrects itself, but consolidates in a falling...

FloppinFish

I took a quick look into the Andrews Pitchfork as I believe it helps with understanding price action within a up or down trend. And like with many other tools, they're often meant to be broken or absolutely wrong. Either way, this downward pitchfork sure looks interesting and seems to contain the price within their respective channels while being attracted to...

FloppinFish Updated 

I believe there's one more dip towards a reversal point (target @8295 SATS). Keep an eye out as the price is about to either fall or cup upwards. I'm betting on the former. Like the rest of the market, we're not out of the clear just yet.

FloppinFish

Price has bounced and is now coming to an apex. I believe we're still in a down trend, but the waves has turned into a wedge, forming a beautiful triangle. One more sell off so that we may bounce off this bloodbath. I have my target @8029 SATS before there is a possible trend reversal. Please note that it is quite possible that I may have the floor support line...

FloppinFish

The next daily candle should tell us which direction NEO will decide to go. I've marked resistance and target prices in the chart. Let see what the next couple of days bring.

FloppinFish Updated 

I am no expert by any means. As a matter of fact, this is my first shot at TA with no formal training. Unless you count scouring social media feeds and watching YouTube tutorials training. Any ways, in the grand scheme of things, I believe we're near the end of consolidating off the ATH of BTC. The 4H 1Y chart shows a big wedge of a triangle and BTC is...