SatoshiHQ

SatoshiHQ

Newly launched on Binance, Ontology looks to have fulfilled it's first impulsive wave and could now be forming a bull pennant consolidation before breaking out for it's next wave (wave 3 of an elliot wave cycle). Look to buy on a breakout of the consolidation triangle. Target 1 would be a 1:1 measured move of the first wave at a price point of around...

SatoshiHQ

This is an updated/alternative version of my previously published chart idea, this time using a line chart on the 4 hour timeframe. I've added more resistance trendlines along with the Ichimoku cloud analysis. We can see a TK cross (Tenkan-Sen crossing the Kijun-Sen) which is a bullish signal. Also we can see price action moving into the 4 hour cloud. Often entry...

SatoshiHQ

Bitcoin looks to be forming an inverse head and shoulders pattern on the 6 hour chart. If the current uptrend continues and the indicated neckline trendline is broken to the upside, then I've indicated a potential target marked in red based on: (1) measurement from head to neckline of inverse head and shoulders pattern (2) previous price action levels ranging...

SatoshiHQ

Bitcoin is currently still respecting the triangle it has been forming for the last month or so. It's also finding support on the top edge of the daily cloud and also still respecting it's recent breakout into a new trend, indicated as channel 3 on the chart. If it breaks down from the triangle support it will enter a critical zone, if it falls below around...

SatoshiHQ

Looks like OMG could be forming a bit of a longer consolidation pattern before continuing on. Looks to be moving in one of two possible channels which are marked. Retracement of last wave hit the 50% level nicely and the pattern is forming lower highs and higher lows. I've indicated a couple of possible sell targets in red. Good buy zones could be either at the...

SatoshiHQ

There's not a long history of data to work from here but Aion has been trending nicely and after it's last impulsive wave up to 7888 sats, it held a retracement back to the longer term trendline, just slightly short of the 78.6% fib. It also found support on the 6hr Ichimoku cloud. Stochastic RSI is turning upwards on the 6 hour. I think we can easily see another...

SatoshiHQ

Here's a little idea for IOTA vs BTC. Looks like it is trending up in a longer term channel and has formed a bullish triangle pattern which could break to the upside fairly soon. I'll buy anywhere near the bottom of the triangle or wait until breakout to confirm the move upwards. Always set sensible stops and use a good money management system for position size....

SatoshiHQ

Bitcoin has been forming increasingly steep trend channels, producing it's parabolic ascension in price. It show's no sign yet of breaking this ascending curve pattern. It is now forming a bullish pennant pattern after retracing 61.8% on it's last impulsive move. I would expect Bitcoin price to break up out of this pattern and continue to trend up in it's latest...

SatoshiHQ

This is mainly just for fun but outlines a possible scenario we could be in. When zooming out on the weekly chart, using the log scale, Bitcoin looks like it might be forming a master channel. Prices and positions of projected waves are just rough guides. The main thing to focus on is the paradigm shifts that accompany each grand wave within the channel. MAJOR...

SatoshiHQ

OMG has been forming a nice bullish pennant after it's recent move starting on 6th January. The breakout from the pennant will normally make a move at least equal to the length of the previous move (the flagpole) which would also touch precisely the 1.618 fib based on a trend based extension of a previous wave set starting on 22nd December. Buy now or wait until...

SatoshiHQ

Following on from As long as BTC can hold it's trendline around 13,800, we could see it consolidate further into a larger triangle pattern before breaking to the upside as previously anticipated. If BTC breaks below this trendline, this current analysis will be invalid and we will have to reassess to where it might end up.

SatoshiHQ

After a downtrend lasting through most of 2017, Pivx recently broke through the daily cloud and also broke out from the long term resistance line. The retracement after the breakout move found support on the previous resistance, the 50% fib line and also bounced perfectly off the daily cloud. Not only this but it also bounced off the 200 day EMA nicely at the same...

SatoshiHQ

ADA has been storming ahead recently and has reached #5 in the total market cap rankings. It’s now retracing. Buy zone is marked in green and potential targets marked in red. It previously found support on a previous major resistance trend line, made an impulse up to a high of 9000 sats and has now retraced 78.6% of the last move. It’s found support for now on...

SatoshiHQ

This is just a quick simple idea that could unfold for OMG over the next few weeks and months.

SatoshiHQ

BTC needs to stay supportive on top of the major pink trend line to continue its parabolic expansion onwards in a new trend beyond the channel it's held through 2017. Currently it's held a perfect 61.8% retracement of it's last impulse wave. Currently forming a triangle consolidation pattern containing a W double bottom. Most signals look bullish. Showing oversold...