Morteza-Emzajerdi

Morteza-Emzajerdi

Chart is talking! I would say we are in a neutral-corrective situation. Most probably going back to retest $28-30K again. Then? Smart money still needs more correction. If in a daily timeframe we are experiencing 4th wave, then it would be $23-27K that I expect the 5th wave $47-50K. Let's see. Future bears uncertainty. Drop a like if you find it useful. Thanks...

Morteza-Emzajerdi

1. Technicals (A Productive Approach): 1.1. The Degree of Growth increases "gradually". 1.2. Elliot Waves are considered Productively & not Reactively. Time & Price distortions are quite possible. Future is uncertain. 1.3. Best "Long-term Entry", now on, would be in between $17 - 24K. So, it is an estimation, or approximation. 1.4. Dubious, but highly probable: a...

Morteza-Emzajerdi

I prefer to say that most probably we are looking at an Escalating Pattern right now. Yet, the depth of the market at the moment is not proving the ABCDE Triangle Pattern so far: Buy: $762,007 Sell: $869,129 Bears are more powerful. Looking at 2H SRSI is down there trying to rise! Also have a look at those red dotted lines representing 4 cycles based on 4H RSI...

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Simply if this downward trend breaks up, it would be wise to consider more longer positions for Mid-term traders (1-3 Months). Otherwise, BTC will either go lower or consolidates. Others if they are fundamentally healthy will grow just like Polkadot & Binance. Frequent trading depends on how knowledgeable a trader is & trading commissions too. Wish you all the best.

Morteza-Emzajerdi

I have already made up some charts & calculations. Based on the past performance BTC first grew some +120X, then 19.3X???!!!, next +130X & now it has been not more than +14X! Right? What happened exactly during the 2nd cycles? Why there has to be such gap between BTC's performance? Only Supply & Demand can determine the Futures of BTC. Let's keep on wit a few...

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Four Bases are being made & nice divergence is seen between the price chart & RSI (2). It is simple but really useful. I have had more than 10,000 forecasts on Pocket Option on my demo account and the two abovementioned worked really well. What is coming next? A Persian proverb: "When a Problem is solved, it Would be easy!"" :-) OK! I prefer to wait for the chart...

Morteza-Emzajerdi

Fundamentally, Gold has been ever supported by fiat more than ever. Also, there would be no more Gold to be mined by 2050, or it gets much more scarce. Gold is not only used in Jewelry, but is ha also many industrial applications. As a Holder of Value a question comes to mind? "Is really Gold the sole Holder of Value?" By 1971, when US put it aside Bucks replaced...

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Apparently formed Cup & Handle. True?

Morteza-Emzajerdi

Please be notified that this market has been really lucrative from the beginning so far much more than many Stock Markets in the world. As a result, if any specific crypto's price is a fraction of BTC, then we are so sure that the whole market gradually experiences really tremendous growth. Cycles of Price Action are very important. Find Patterns & Trust the...

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More of "an Editorial than a simple short Analysis": 1. Let's consider Price Movements from 01 Aug 11 to today as following: 1st Cycle : 1st Fall : 01 Aug 11 - 01 Nov 11 92 Days -81 % 12 - 2 USD 1st Buffer : 01 Nov 11 - 01 Jan 13 427 Days +732 % 2 - 15 USD 1st Extension : 01 Jan...

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Technically; RSI (14) depicts a vividly more & more accumulation on a Weekly timeframe. Fundamentally; what are "possibilities" for its' future? More fiat currencies are going to be produced as Cryptos Rocket Fuel. Let's consider it simple: It has been a trend since more than 200 years till present. Fiat is being produced & no clear vision for their stoppage is...

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Technically, BTC has been steadily growing in price for about 98 consecutive days. Now the degree of its' growth angle can be really compared to that of an airplane! The sharper a rise, the sharper its' drop. Yeah?! Very well! A very strong support can be seen somewhere in between 23,169 USD, matching 0.786 Fib. & 26,936 USD matching 0.618 Fib. ratio. Adding that...

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Fundamentally; TRXUSD, based on FCAS, receives 881 out of 1000 at Grade A. So, it is 881 HEALTHY. Do not consider technicals only when you are determined to buy Cryptos. Technically; on the other hand, this asset corrected -52%, from USD 0.050 to 0.023 matching 0.618 Fib. It is looking much more bullish now to start rallying for its' 3rd wave on daily basis to...

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Technically, since 30 Dec 19 "Trend Reversal" has happened in "Weekly" timeframe. So, seemingly though the momentum remains too low for a sharp price breakout, the crypto has already paved its' way so far so good. There are many other technicals proving that there is a high potential like RSI (14) gradual "accumulation" & the BBs. Fundamentally, based on FCAS...

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70 M Coins out of 100 M are being traded. With a MC of 1 B USD, almost half is being transacted on a daily basis. It won't take a long time - most probably not more than 3 months to gain 300% from NEO. Keep in mind that 17 Jan 17 the crypto was only 0.08 USD with an all-time high of 187.41 USD (2337.5 X!!!!...). Now let's suppose that npt more than the 2 years...

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Sounds reasonable to buy such Crypto while it is profitable in the next few months to come. Easy peasy! No magics! Unless SEC, or another US organization sues EOS for another un/known reason!

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Just like any other equity, Gold or else seemingly the years to come are technically "The Spring of Cryptos". So, let's buy and wait patiently guys!

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Technically we expected a rest in XRP price (some 0.21 - 0.30 USD). It is not unprecedented to sue other successful Master Ideas by the US Court since Cryptos are just "the single GREATEST" threat to the existence of another fiat currency rooted on nothing but an empty treasury - the USD which holds no grounds as well. So, buckle up guys and I'm sure just like...