Papou

Papou Updated 

BTC has been on a tear lately. Every BTC holder thinks they are geniuses and are doubling down at these levels. New money is rushing in buying BTC above 7k thinking they are about to miss the train; clear euphoria in the emotional market cycle. As we can see BTC is on a trend which has been uneasy to hold from time to time. We met resistance on the 1.61 fib and...

Papou

ZEC is without a doubt a powerhouse of a team; as seen here z.cash . As you will begin to learn in my charts, these markets operate on cycles; mainly greed and fear. When things are pumping, people are getting greedy and not wanting to sell. When things are dumping, you have people being both greedy, trying to scrap up what they can, and fearful as well, fear of...

Papou Updated 

Adex managed to hold its 0.618 retracement from the breakout pretty nicely. Coiled up a bit to reset momentum and looks like to be trying to make its way above the trend again. It is meeting resistance on the 0.5 which is quite common back up on this extension now however these markets do their best to shake people off; they are true bull rides. High time frame...

Papou

QTUM has recently a few volume injections recently, with the last one propelling us into the 1h cloud. We found immediate support and are coiling making higher in the bottom of the cloud. It just so happens for this to be the 0.5 fib as well; major bullish signs. In the bigger picture, we see a nice bleed and a possible approach of a break in the downtrend....

Papou

LTC has had an interesting ride this year. We will begin to dissect it on where it came from, where it is, and where it can go. Litecoin in a big picture tells us a story. As we can see in 2017 we are bouncing up and down at a clear support and resistance line. The top resistance is caused by bag holders from 3 years ago who are break even on their LTC but in...

Papou

Siacoin is entering our accumulation zone. It will be very tough to call an absolute bottom on this one. You need to understand we had a real expansive cycle and majority have suffered huge losses from the top on down. We can establish a line in the sand on the long accumulation belt as we can see from the past, has been an ideal buy zone. It's hard to say with so...

Papou

We can see the longterm downtrend finally broken on CFI as expected at these levels, considering its market cap. Very doubtful we see lower prices in terms of BTC here honestly as there is no one truly in profit at this point to sell. CFI has strong fundamentals, especially with its partership with Ethfinex (Bitfinex new ERC20 platform) which you can read about...

Papou

Adex made a nice expansive move from our last chart as predicted. It met a resistance belt from the prior people stuck at higher prices as seen in the chart. We did play in there and exchange hands so most likely next go around it will cut through it and work its way in the next higher resistance belt. If we can hold the 0.618 of this entire move, it would be a...

Papou Updated 

STRAT went PERFECTLY into the buyzone as predicted from prior chart and has broken the downtrend. It has established a pretty steep trend that is doubtful to hold. I would have taken the 100% profit if you bought in the buy zone and looking to support a bullish retracement on the 0.618 as shown. Will update as we go along.

Papou Updated 

BTC will need to hold this 0.618-0.786 zone if it wishes to continue on. It seems to be losing momentum on higher timeframes and trend line is struggling to get defended. Possible bull trap in a classic sell zone. We have a lot of resistance on the upside here and havent had enough of a correction to reset momentum yet.

Papou Updated 

ADX could potentially be entering in a buy zone for a breakout. As we can see in the main chart, it has broken cloud resistance, wicked down to test support and is now trying to stabalize above the 1hr cloud. The 0.786 is posing as resistance however. I would be watching the 4hr to see if it can break the cloud since it seems likely to be gearing up for it,...

Papou Updated 

Strat has made the classic 12345 elliot wave extension with a nice ABC retracement right under the 0.883 fib, classic for crypto. Seems to be trying to break the downtrend and enter a consolidation phase for either a possible bounce or potentially a new market cycle; time will tell for that. Under 0.00054 would be a buy, with potential bottom supports being...

Papou Updated 

Lets see if 130k can hold support like it has done in the past. We are on a steep downtrend, ill admitt, could see a break in short timeframe and then a retrace and set a less steep downtrend; time will tell. I would honestly expect that lower belt to be support and the best place for a good entry. Let the market come to you. There are ALOT of emotions in metal, a...

Papou Updated 

Many are completely blind to how the market works and what is going on. They fall prey to the news, groups, the bitcoin maximalists and everybody who tells you "just hodl" because these markets arent liquid enough for everybody to eat. There is a clear method to the madness and hopefully everybody can learn something from this. Bitcoin has had an amazing run in...

Papou Updated 

Zencash has been getting a lot of hype right now. It seems a new market cycle has started, figuring it has done a complete retrace from a prior and has broken the 2.72 and is holding the retracement so far at the 1.72 level. The market will shake out impatience and fear especially at these levels but greed will prevail; likely this rally can go to the 4.764 if...

Papou Updated 

I am still sticking to my original analysis that we have ended wave 5 and are just liquidating longs and shorts for fun to fill other longs and shorts. It has become a game of chicken at this point. The uptrend did not hold as predicted and has been denied and turned into resistance as well as the prior uptrend. Currently we are struggling in the 1hr cloud and...

Papou Updated 

Last cycle of STR seemed kinda of strange; it died too early. It was a mix of not really having merit yet, mostly it just followed XRP as well as what didnt pump during March to July. STR is the real deal, especially with having current banks on board and the recent IBM partnership. This shows you majority of these alt coins have real potential long term future's...

Papou Updated 

I want to look at this chart in a 3d perspective since that is where the story is being told. In a world of ICO uncertainties and scams, projects like CoFound.it will be the due diligence being done as well as following in the steps of what this space wants to become; a place where amazing ideas thrive, are shared and collaborated as well as early adopters and...