A fundamentally sound coin that I love to trade. On the chart I express the entry zones i;m looking for as my long term play/entry and then an inital bounce we can expect this week, i'll follow up on this coin in a week and see how this chart projection plays out. Best of luck traders. This is not financial advice.
We are beginning to establish a more secure bottom at the .786 fib line around 7180 and although its still a possiblity we drop to 7k/6900 we are so close to the bottom that i'll use the drops from here to accumulate more entries but patiently wait for the swing up to 8300. Which would be a bout a 15% swing. Keeping it simple for everyone with this chart. Please...
Hey Everyone, If you enjoy my content please like and follow. I do daily updates on bitcoin, and i'll do TA's on altcoin signals as well, but if you really want to stay up to date on everythign crypto then check out my discord channel "the crypto blend". I can't drop links but you can google it or just look it up in the discord platform. We leverage a team of...
Hey Traders Missed my 7800 - 7900 by about 100$ ideally would have made me happier had we come down and seen a bigger jump, and its possilbe it may still play out with the elliot wave count in the 5th primary wave we are in, however, there are several other possibilites worth looking at playing out as well. To sum those up, we're at a point of APEX (critical...
Hey everyone, Bitcoin didnt like any of the potential channels that we'd mapped out yesterday, but has created a nice elliot wave. the channel supports/resistances have been showing "reaction" signs but not holding up for much support/resistance. With a clear elliot wave though we can def. make some solid predictions of where we can see a strong reversal. the...
Hello Everyone, With Consensus 2018 in the works we would have thought to see more bullish momentum in the market but that just doesnt seem to be the case. Yes, we are getting higher highs and lower lows but the sell volume is still very strong and we havent been able to get up and over 9k and establish support, I fear this next attempt will be our last if we...
Hey everyone, Obvious manipulation in this market that we have to take into consideration and think like a whale in order to foresee our moves. Simple chart here showing our accumulation zone and some easy entries if we drop that low. The blue box is our get worried zone that triggers you to think of shorting. this is just my way of playing this area on...
Hello Traders A simple chart showing my entries targets and exit targets. As always, this is not financial advice, just how I'm playing this corrective/impulse wave up right now. I expect 9k to show massive resistance, and i'll exit at 8900 roughly. 9k also has horizontal confluence and the 200 ema resistance band is right there. So lots to support my...
Hey Traders, I'm optimistically bullish until we drop under the .618 retracement line. With that being said this chart shows my expected entry and targets for how I plan on playing this bitcoin recovery. This is a temporary play which is why i have exit targets and I'm not holding til a new high, As more data comes in i'll look at taking a re-entry position...
Hey Traders This is not financial advice, its just my game plan for my entry for STORM and my Targets I'm aiming to take profits at for a short term swing. I feel bitcoins correction is not quite done just yet according to my TA. Check that out if you havent. I also have a youtube under crypto hippo if you prefer videos. Enjoy
Hey Everyone. looking at our expected daily update of bitcoin today and we can see the correction is playing out in tune to our previous charts. I highlighted critical points that would determine if the correction would play out deeper or if we were looking at a potential larger elliot wave playing out in the bulls favors. We saw divergence in the volume vs...
Hey traders, Quick Summary, focus is on the correction today for obvious reasons, where is the bottom? 8700-8900. lots of confluence at this zone. I project a wick will make it through the 200 ema on the daily chart and bounce with nice volume off the .382 fib line for the overall retracement, if we fall below this area things may get bearish real quick....
Forming a triangle. If it breaks down we can see support at the .5 fib, but we are getting higher lows, we are also seeing higher lows on rsi but also higher highs on rsi and lower highs on chart which is bearish/neutral. If we break up we can expect wave 5 to start playing out. We are at that point of apex now to make it an easy trade either direction.
A lil projection for how deep the correction will go on the hourly chart and some entry zones that im looking at as i do believe bitcoin will climb to see a higher high now that we have passed over 10,750. Market Sentiment is bullish still. Corrections are playing against the trend, going long is a more realistic play til 10k, 10,800, and 11,600. All critical...
Might see one more wave down to the .382 fib line but plenty of support there and given the bullish nature of the market seems unlikley for it to correct further unless bitcoin just takes off heavily and leaves altcoins dumping into bitcoin. I picked some up right here and added to my position as I foresee one more wave up to possibly a 3.618 extension of wave 1...
Hello Traders, Going to be quick with the intro and summary here as this is a short term play and just shows where you can recognize the breakout points for a short term bull run or short term bear run. Overall Im leaning towards a correction to 8700/8600 ideally, and then an attempt over a mid term time frame to 11,600. Hope this chart helps you recognize...
My philosophy with trading is, up or down, lets make money. I love shorting, and I love bull markets. Most importantly, I've taught myself how to make money in both markets. Its allowed me to be unbiased, and its allowed me to be more adaptable. First look at bitcoin and all the research I did, the analysts had vague interpretations and recommended larger plays....
Hi Traders, I think we all can agree there is an obvious cup and handle that gave momentum to the 5th wave extension and we are now seeing a retrace. Obvious rejection at the .238 fib line but is this just a "reaction" or will it act as true support? I entered a small position here. If it doesnt hold, i'll be looking to add more at the .382 fib line. Given the...