SunnyBOT0

SunnyBOT0

most sell offs of this scale get to the 40 ish range on ADX. We're at 24. I'm aware that I posted some charts earlier today saying that we may only reach 553 ish, but I'm reconsidering now!

SunnyBOT0

There are 2 fib targets 553-553.8 on btce. Also ABCD target around 542.... should see a bounce there unless we break 542 in which case my money will be at 502.34 - 504 next.... Should then lift off to around 750 BUT... this could have legs given the amount of bear pressure ADX-DMI is showing. I'm holding short until this resolves on the 4hr

SunnyBOT0

Wanted to post some thoughts on what could happen over the coming weeks on Stamp... I think we could be seeing the creation of a larger continuation triangle with targets in 756 area. This would complete wave 5 and be the end of this cycle as predicted by DanV.

SunnyBOT0

This is the final push down... need to create some divergences on macd/rsi in order to get buyers onboard

SunnyBOT0

OMG just as i was writting this ip, the first big buy on hobo came in :D

SunnyBOT0

looks to me like we're now in wave 1 of 5. We just bounced off trend line support and the 61.8% fib level. The target of this move takes us above 700 and towards the 720 area. I expect wave 3 to take us up into the 690-700 area to consolidate before the final push up to 720

SunnyBOT0

This is what i'm thinking based on Elliott wave. Assuming we're in wave 1 at the moment and we have a target of 697 ish then according to fibs and resistance levels, this is what i've come up with... Not sure what happens after 697, but the bullish case would be that we come down to the trendline which would be between 620 and 640, then back up for another...

SunnyBOT0

So we've just touched the 1 day 100 Moving Average on all exchanges. Traditionally it could be a place where we do the hokey cokey for a bit, but given the circumstances with RSI being very high and the OBV OSC divergence we've seen for the last 3 legs up here - I believe it's time for a retracement. We are currently in the 1 day cloud and have come close to...

SunnyBOT0

green path is preferred

SunnyBOT0

with a target of the top of january bear trendline, the path of least resistance has us currently inside the 4hr cloud. Upcoming 6hr cloud is above from 447 and is thinnest in the short term. We need to break this channel up with some gusto to reach the bear channel line around 465 by May 10th. Then the slide down can commence