If some ALTS shows a more neutral or even bullish signal. I can't see anything bullish for LTC yet. The ABCDE triangle could hold if BTC resume uptrend in the coming weeks, if it can't LTC will go for lowers lows and huge new loss. For the moment major downtrend (red line) is intact, we are reject by the deathcross (50/200MA) - and that's the heaviest bearish...
Hello everyone, i think it's the first time i make a intraday chart, but today i have time and the pattern looks pretty clear to me with a lot of indicators (EW, pattern, MACD and fibs agree) so i would to share you it. My final target remains the same in absence of clear reversal signal. Feel free to share me your minds. Cheers.
All informations are in the chart. Please comment for more informations.
Hello guys. Just a quick update of my quick scenario, normally descending channel don't breakdown. If we can't bounce over our precedent support zone (400 area) then this second scenario is more likely than the first one. We need at least a daily close over it be patient. But hope is not totally end, MACD is ready to breakout the descending triangle and go...
Behind this little defiant title i see a part of truth : After a massive correction like that, market volatility need to calm down to attract investors and that take time... If you look at the 2014 krach (to stay in Bictoin chart, because there are so much others exemples of krach in the stockmarket) it took more or less 1 year, to keep calm, reduce...
Only a quick update of my precedent chart. I think every informations are in the chart. If bulls can't maintain BTC above 10k we will probably retest our precedent Fibonacci support with possible extended wave. The green zone is a buyback opportunity, i expect a rise to a minimum of13000$ area after this where traders will probably take some huge profit. You...
Are you ready to hold 8 years of bear market ? Just kidding, nothing to say on the chart since my last update. Your pro rabbit-pattern analyst.
Since we break our crucial support we are in the bearish woods, we need a strong back up to remain with bullish sentiment. RSI and MACD are not ready yet to go bullish. We just broke our crucial support 2 days ago. I would be prudent. As always i can be wrong, TA is not a basic science. Don't take my words as a financial advisor, i do it for my personal...
ETH/BTC looks for a correction. I think a correction to 0.065 area is possible before the next run to new high. BTC/USD is still in bearish cloud even if there was a strong rebounce as expected at 9k, so i'll would be prudent about holding ETH in the comings days. As always, it's only my opinion. I'm not a financial advisor.
Hello ladies and gentlemen. Some days have pasted since i closed my last chart from 2 weeks ago where i have called an ABC correction to 8100$. The dip have achieved and even exceed my target and rebound strongly on the 0.618 Fibonacci level (around 7635$), who is now a crucial support. So what now ? We can see on the chart the near bottom of the descending...
Hi guys i hope you are all fine and not too bored by the slow trend of BTC these days. Several days have passed since my last BTC/USD chart, because i think it's still relevant. Here is just an update because we are at the crossroads of two imminent possibilities. You can see of the chart the 34 WMA(purple) and 89 WMA (yellow). The Death cross is the bearish...
Hello guys, a lot of analyst (me including) are too often focus on the 1h/4h or at the best 1day chart, which is good for traders but don't really show us where we are going. First of all I would like to call back that correction and especially the biggest are HEALTHY and are a good opportunity to invest or strengthen a position. This chart is really simple,...
Hello guys, here some updates of my precedent chart. The crucial point of my precedent TA didn't hold and invalidate the ABCDE bullish flag. We clearly see now the woods of a major correction. Remember correction are healthy and that's a good time to buy more if you caught the good price. Different scenarios are now possible : - We could be at the wave C of...
We are at a crucial support, if the support hold we are going to see massive profit. If it doesn't, we could see substantial loss. Break the support on the 4h chart would be a signal to sell and buy back lower.
We are at the most important point of the last weeks. If the support hold we should see the beginning of the wave D which will be a bullish signal. If the support doesn't all, we gonna reach 8500 area or worst. For the first time daily MACD could sent a bearish signal RSI is shortly oversold. People should wait a little before take any position.
Hello everyone, good job for your patience holders. Important prerequisites : BTC don't fall like a rock in the comings hours. LTC is almost ready to break the triangle and reach a new high. LTC will finish the wave E of EW ABCDE in comings hours, i expect a strong bounce from here (between 240-230). There is some resistances (red lines) but the breakout should...
I continue to think that the correction is not over yet. We could be at the wave 4 of the EW "C" ABC correction. Correction are always healthy. Daily RSI and MACD are still overbought. Bollingers bands show high volatility. ETH/BTC looks for a correction too. First target would be 1030$ area. We could see 830$ if the wave 5 is extended. Feel free to post...
We could be at the wave B of the ABC correction, expect a strong support around 830$. Corrections are healthy, market in long term is bullish. Daily RSI is well overbought. Same for MACD. Bollingers bands show high volatility.