MeasuredMove

MeasuredMove

I highly suspect bitcoin is bottoming here. Volume surges tend to represent an exhaustion. You see big volume spikes at turning points on charts - both highs and low. We are currently seeing major surge in BTCUSD volume despite months of low volume selling and even more interesting is that this surge in volume is occurring not at fresh lows, but well above our...

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Looks like the next bitcoin short is setting up. Targets down in the 12000s. My last short setup worked out pretty perfect. See my related idea.

MeasuredMove Updated 

Looking like a short is setting up. Bitcoin has gone FOMO and beyond in the past few days. If this short plays through look for price to hit 14000 at least possibly lower as FOMO buyers turn into sellers. Proven wrong if price pushes above 18000

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Primary target hit in the 520 area. Could very easily move up into the FOMO target area. How long will that take and will it require heavy pullbacks? I am not sure. Ethereum does not seem to have the tailwind that Bitcoin has had and might not get the same kind of FOMO momentum that Bitcoin has been enjoying recently. In fact it seems ICOs selling Ethereum has...

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We blew past the first buy zone I was expecting a potential bounce from and are now potentially playing out my scenario two where retrace 50% of the down move and subsequently drop hard down to the 4500 area. If we break the sell zone overhead then there is a good chance the highs get retested and the prior sell zone gets retested as well. Till then I am expecting...

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Looks like the same buy program as Thursday is in control of the market. Almost an instant replace of the price action. Lift off from the same price and a pullback at the same price. Question is do we get the subsequent dump as last time? I am guessing we don't and instead squeeze higher. Yesterdays weak hands will be panic buying the new highs to fuel us higher...

MeasuredMove Updated 

I expect BTC to continue to pullback over the next few days. Two possible fibnonacci support zones. First zone is possible but has not traded before. Limited probability that it will hold strong enough to bring buyers to it's implied target. I suspect we might see a sizable bounce there but the buy zone will eventually be breached indicating Scenario 2 should...

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See annotated chart for my expected price action. I expect ETH to continue to build higher. Not sure how long some these target areas will take to hit.

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I am expecting a bit more movement up into a the overhead sell zone which should results in sellers taking us lower down in to the 270's. Once we reach the 270s I expect longer term bulls to step in and lead us to up into the 380's. It is very likely bullishness will take us to new highs from there and which point some FOMO kicks in and a before we know its we hit...

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Ether has made a full 50% pullback of the entire move off its 130ish lows to 395 highs. If Ether can hold these level we should see buyers take us to 456 area for the regular target and FOMO targets in the 720-820 area.

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Ether made a larger pullback after hitting the -1.23% fibonacci target level - my so called FOMO targets. We have now pulledback 50% of that move. If this level holds and more China FUD does not push us lower than the normal target of this pullback is 445. The FOMO target of this pullback is 662 area. I suspect once we push into new highs excitement and...

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Ether bulls are firmly in control of the market. The 50% retrace zone of the recent sell off has broken its 61.8% line indicating bulls are full in control of the market. I marked what I think might be some price swings and areas of interest. With the current pace of Ether I suspect some FOMO buying might kick in and all those recent seller will be rushing back in...

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Bought shop calls. Expecting a rise back to recent highs for my first target to sell and looking for 109 area as a second target. Proven wrong below 95.

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IBB has pulledback 50% of its most recent impulse move to the upside. I bought a call option here and will possibly add to the position if the market holds up as expected. Targeting 333-334 area

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SBUX is at a 50% retrace support zone. Bought SBUX Calls. Look for a target of 68 or so. Proven wrong below 56. Earnings later this week so we might get a decent move sooner rather than later. Hope its in my direction.

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HOG gapped down hard on earnings and rushed to fill ~50% of the gap. I am buying puts here looking for continued selling down to the 45 area. Full target is 45. I expect to take some profits and close half my position near our most recent lows - 46.50 area.

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I have been stalking an entry into WTW for over a month now and finally found a decent pullback to buy into. Long calls. Target of 40.20 area.

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Shorter term bullish but the sell zone overhead is concerning. With Segwit2x clearly signaled now it seems a lot of Bitcoin risk has been reduced and traders can focus on some recent positive developments from Enterprise Ethereum Alliance. Curious to see how price develops here.