I0_USD_of_Warren_Buffett

I0_USD_of_Warren_Buffett Updated 

Good Morning Traders! We saw a sharp decline in 5 waves down to the 3 month low. From This point, I expect at least ABC correction in this market to 38% Fib lvl -0.51% . Nevertheless UK economy is in a SLEEP MODE and chances of another Intrest Rate hike by BOE in May is nearly 0. From Daily chart, we can see that Price is hovering near 200 MA and uptrend...

I0_USD_of_Warren_Buffett Updated 

In this post - I'm going to examine Bitcoin across the board covering the following: 1.Basic Technical Analysis ( Trend Lines , Candlestick formations, Moving Averages) 2. Elliot Waves Analysis 3.Marcet cap analysis, Volume Analysis, Fundamental Analysis . 4.Number of short positions (BITFINEX) 5.Number of long positions (BITFINEX) 1.From a Daily chart ,...

I0_USD_of_Warren_Buffett Updated 

In this post - I'm going to examine Bitcoin across the board covering the following: 1.Basic Technical Analysis (Trend Lines, Candlestick formations, Moving Averages) 2.Elliot Waves Analysis 3.Marcet cap analysis, Volume Analysis, Fundamental Analysis. 4.Number of short positions (BITFINEX) 5.Number of long positions (BITFINEX) 1.From a Daily chart, we can...

I0_USD_of_Warren_Buffett Updated 

I expect a bit a bigger correction in order to form Pennant Formation. However, because of the extreme sell off that we saw 25th of April - it can possibly be invalid and thats why we track elliot waves in this market. In this case, Ripple found support at 0.45 level and turned sharply just like other cryptocurrencies, but beware, because Ripple can be 4th way...

I0_USD_of_Warren_Buffett Updated 

I expect a bit a bigger correction in order to form Pennant Formation. However, because of the extreme sell off that we saw 25th of April - it can possibly be invalid and thats why we track elliot waves in this market. In this case, Ripple found support at 0.45 level and turned sharply just like other cryptocurrencies, but beware, because Ripple can be 4th way...

I0_USD_of_Warren_Buffett Updated 

Bitcoin whales coming back to the market and institutional investors start to invest heavily after paying taxes on their accumulated profit over the last year. BTC formed a bullish flag that about to breakout with MPO near 12,500$ level. However, if we break down for a deeper pullback we can expect a deeper correction, where currently falling exactly from 9500...

I0_USD_of_Warren_Buffett Updated 

Bitcoin -1.51% whales coming back to the market and institutional investors start to invest heavily after paying taxes on their accumulated profit over the last year. BTC -1.51% formed a bullish flag that about to breakout with MPO 0.79% near 12,500$ level. However, if we break down for a deeper pullback we can expect a deeper correction, where currently falling...

I0_USD_of_Warren_Buffett

Please like and subscribe if you want more analysis from me... Litecoin reacted positevly on a new that it can become a fork - right now we can see a Bullish Pennant Formation with projected MPO -0.35% near 300. Litecoin declined into our projected important support as expected and turned just like BTC -2.92% and ETH, so it’s first evidence that correction is...

I0_USD_of_Warren_Buffett

BTCUSD -1.03% fell down into wave (c) a third leg of decline. Wave (c) is a motive wave, so it must be made by five subwaves before even consider that correction is finished. final support zone can be between 8700 level for (A)=(C) and 6800 level towards channel support line and 161,8% Fibo. extension of wave 4.

I0_USD_of_Warren_Buffett

Happy New Year. Please like and subscribe if you want more analysis from me... If we hit our SL on the first sell attempt we selling on the second zone. We updated our strategy so that we can minimize losses and maximize our gains.

I0_USD_of_Warren_Buffett

Happy New Year. Please like and subscribe if you want more analysis from me... I suspect that this market is going to continue to find plenty of support at the 1.25 handle, and then again won’t be able to break out to the upside, at least not for a significant move. The next couple of days are going to be very choppy and sideways, so therefore very unlikely to be...

I0_USD_of_Warren_Buffett

Happy New Year. Please like and subscribe if you want more analysis from me... Sterling was flat but still holding near a three-month high of $1.36 on Wednesday, after a survey showed that growth in Britain’s construction sector slowed last month. The PMI came in just below a median forecast of 52.5 in a Reuters poll of economists. However this price actions only...

I0_USD_of_Warren_Buffett

Please like and subscribe if you want more analysis from me... The reason behind of such a strong pullback in LTC is that Charlie Lee, the former director of engineering at Coinbase, is selling almost all of his holdings in Litecoin (LTC), the cryptocurrency that he founded in 2011. Lee explained in a post on Reddit that he is selling all of his LTC coins — bar...

I0_USD_of_Warren_Buffett Updated 

Please like and subscribe if you want more analysis from me... Ripple, which has mostly remained on the sidelines of the recent price surge in cryptocurrencies, sprang to life today by recording a price increase of as much as 84 percent to $0.51. The cryptocurrency doubles as a payment network and has seen its price rise by approximately 7,500% as of this...

I0_USD_of_Warren_Buffett

Please like and subscribe if you want more analysis from me... Brexit talks came to the second round - if some positive news will come out from UK or EU - it will push GBP higher. This pair touched strong Fib Level and Major Uptrend line - very strong set up for Long position - however wait until something get broken.

I0_USD_of_Warren_Buffett Updated 

Please like and subscribe if you want more analysis from me... I don't like Bitcoin, because of uncertainty that it brings. Government and Regulators could kill Bitcoin stone dead ages ago, but it seems that at the moment though some grey eminences making too much money, for this to stop. The world’s biggest exchange is joining the bitcoin revolution. Bitcoin...

I0_USD_of_Warren_Buffett

Please like and subscribe if you want more analysis from me... A fall back to test the secular trend followed. Since no extended breakdown ensued, a sideways range has been in place ever since. There is a large saucer shaped pattern between $1060 and $1420, which characterizes price accumulation. Our momentum studies also remain in a bearish holding pattern...

I0_USD_of_Warren_Buffett

Please like and subscribe if you want more analysis from me... I will appreciate that. The U.S. dollar gained against the euro on Thursday after the European Central Bank raised growth and inflation forecasts for the euro area, but stuck with its pledge to provide stimulus for as long as needed. Draghi maintains accommodative stance. But US dollar is weak as well...