RealMcafee

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This assumes that cryptocurrencies still exist when this finds support ;-)

RealMcafee Updated 

Good short opportunity should ETH break downwards from this rising wedge. Target is 500 in line with previous 0.786 prediction from January

RealMcafee Updated 

Please note: the "extrapolated" lines are just a qualitative best-fit and not the result of any calculation. The brown 200 MA is traced by me as non-pros are only allowed 3 indicators per chart. Basically if we are rejected at this crucial 50 MA (meaning failure to close above either today or tomorrow) I think we must go down and re-test the 200 MA. This will...

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Loss of critical support

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So I had to trade a lot of Tether for USD today... Tether's pattern is basically a 5-point consolidation pattern (purple) followed by an S-curve dip and and peak (magenta). The dips correspond with BTC crashes in 16 July 2017 and 2 February 2018. The July 2017 point corresponds exactly with the bottom of that BTC crash. The February Tether dip is very close to the...

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We are now moving up, I'm fairly confident we'll make it to the primary descending resistance from the ATH, probably around 11.9 k, but what happens here still has to be decided. No one can tell you what will happen, if they do it's a guess at best or just wishful thinking. It's the market that decides. There are two main possibilities: Breakout If we...

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Might go long here, watching very closely. I'm still bearish in general but that doesn't mean there aren't long opportunities. I see similarity with Sept 2017 here, but if it goes up then I don't think it will break 10.5k. Lots of mixed signals during these times, trades can be risky. I am an amateur and offer no guarantees. Please use your own judgement with...

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It's clear just looking at the bare linear chart that we haven't finished our correction yet. I suggest that we'll see a drop to the 0.786 level now that this last bull trap is over (almost over). We might even go much lower I don't know. What I am sure of is that we'll come back up afterwards. Market-wise, I think this ETH correction will be driven by a drop in...

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This applies if 6000 falls

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People will say thing's are different now. People will talk about fundamentals and news. JUST FLIM FLAM. RAZZLE DAZZLE. BLING BLING. ALL ILLUSIONS. Holding alts long-term is like my old mother with her gold cross that she bought as an investment in the 70s. You have to sell these markets to make money. The volatility doesn't smooth out when you move to a...

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Looks like the price is being rejected at the descending resistance. This happened before and led to a move downwards followed by a sideways break of the resistance. This could see us move to the top of the channel. Failure here would see us retest 6000 and ultimately lower if a bounce does not happen. Note: This scenario depends on price closing below the...

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Whole market is down. BCH is approaching a major trend line and may well go down against BTC like it did in Sep 2017, when the same situation occurred.

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This idea has been working well for me so far. I just apply the bounce/triangle pattern from the January 18 bounce to the current bounce (because to me they looked so similar) and use it for day trading. Now not so good for day trading, but we have a nice run up to the top of the channel at 9650. Here I actually split the Jan 18 into two pieces and moved them...

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BTC has broken the 200 ma over several days and will eventually move down after consolidating. Where will it eventually find support? Probably the former resistance, right? The resistance from 2016 in fact. This places us in the 4000 to 6000 range depending on how long it takes to get there. This is roughly a 0.786 correction similar to April 2013. In order to...

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BCH's path in 2018 depends on the severity of the current BTC -0.79% correction. This applies to most currencies in my opinion. Here are two possible scenarios: Bullish perspective - market revival end Feb 2018 Bitcoin Cash -0.54% started as a hard fork of Bitcoin -0.79% on Aug 1 2017. Since then it has demonstrated a distinct fractal pattern (red boxes)...

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So based purely on fundamentals Cardano is still my favourite shitcoin :) lol such a lovely phrase. Normally I don't care about fundamentals because even the most ridiculous tweet can set off a stampede of buying in cryptoland, but on paper this project is way ahead of the curve. They're playing the long game. Looking years ahead, not just months. They have very...