TheKingOfAces

TheKingOfAces

In my opinion this is a very good possibility. We might just be in the early stages of a recession and the market is letting us know that it is not liking what it sees coming. Lots of investors have been overlooking all the bad data and indicators. But to tell you the truth, this does not surprise me at all, considering they did the same exact thing right before...

TheKingOfAces

S&P500 hit peek yesterday, I don't know what the Feds are going to say or do, but whatever it is, the markets are not going to like it because we are headed to new lows ladies and gentlemen. Hold on to your panties, this might get DUMPY!

TheKingOfAces

I feel that VXX is making a run up within the next 3 months, Something is happening in the financial system and the market, economy and investors might not like it.

TheKingOfAces

Germany the 4th largest economy is about to go into a recession, UK collapsing on the face of the Brexit, France government at the edge of destruction, Italy is bankrupt, Greece is bankrupt, China could very well be in a recession as we speak, Venezuela is in turmoil, Honduras, Guatemala, Argentina and many other south American countries are bankrupt. The USA now...

TheKingOfAces Updated 

ETH is not looking to good right now. From the Ichimoku cloud and the Stoch RSI we can see that we are still very bearish at this levels. In my opinion ETH will test $130's and if it breaks lower than that we could see $50's for sure.

TheKingOfAces Updated 

I know a lot of you feel XRP is ready to break out and make everyone millionaires, but I feel we are getting our hopes up. It seems XRP has been in a very big flat ABC corrective wave 4. We are in wave B of the ABC which is composed of a (W)(X)(Y) wave with a few sub (abc) waves within it. All in all I see this wave B should bring us back to .27 cents and then...

TheKingOfAces Updated 

Litecoin like all the other cryptocurrencies has been hit hard in the last couple of days, we have created new lows for the year and it seems the pain is not over yet. From the looks of it, LTC is in a big wave down to the $20's, maybe even the teens. If my TA is accurate, we should see a pump up to about 50% - 61.8% of the minor ABC wave that started around the...

TheKingOfAces Updated 

Out of all the crypto out there, I believe ETH is the closest to being done with its major correction. If you take a look at it from the beginning of the correction back in December - January it has almost completed if not completely completed a WXY wave. If you follow the WXY Elliott wave rules, the bottom should of been $119 which ETH already touched and bounce...

TheKingOfAces

The market is telegraphing, it’s letting us know how it is feeling and I can assure you the feeling is not one of joy. One of the stocks that is looking sick at the moment is AMZN. I am expecting to see a BIG drop in the near future that should bring AMZN down to the $1200’s and the UGLY part of this prediction…. This is not going to be the bottom!

TheKingOfAces

XRP like all the other crypto currencies have seen its fair share of blood bath in the last couple of weeks. From my analysis, I believe we are in a bit of a cool down mode from the drop we just had, so I expect a little pump that should take XRP to .45 - .48 levels. But don't get to excited, I don't believe we are ready for a break out just yet. Another big drop...

TheKingOfAces Updated 

XRP still heading south, here is a little preview of how I see it happening for the next 10 days or so.

TheKingOfAces

XRP has formed a sub-local H&S which indicates a small reversal of this last drop from the .5 cents. It looks like its going to be a WXY correction up that should bring it anywhere between .44 and .455. We are right now on the leg up which will contain a sub (abc) within the XY wave.

TheKingOfAces Updated 

BTC seems to have finished an ABC correction down to the $5.8's. This means there is a good chance we see a bull run between $11.5k and $13k. Will need to reassess once we get there. Who know... We might just be done with the bear market, or not.

TheKingOfAces

The S&P500 market has started the end of a 100+ year 5 wave cycle, if this is correct we are now at almost the top of a 5 wave cycle which can end in the very near future. If this is true we are at the start of one of the biggest, if not the biggest market crash in the history of the S&P500. A correction of 5 wave cycle is usually 61.8% of the entire 5 waves, if...

TheKingOfAces Updated 

This is my opinion and you can take it how you want it, but I believe we have a bumpy month coming ahead and we might just see the last dump before the BIG bull run starting soon after. I believe we will have a drop down to the $5200 levels and then a small dead car bounce after that, with a bigger drop to the low $4ks maybe even mid to high $3ks. Good luck and...

TheKingOfAces Updated 

Crazy but we might just see the $20 on LTC, but what is more crazy is Charlie Lee calling it when LTC was above $250. I am going to say we might start seeing the start of the bull run around end of October of 2018 or the start of November of 2018. This should be interesting and a great opportunity to make some good profits.

TheKingOfAces

XRP has been holding its grounds here at around .46 levels for the last 2 weeks or so, but can it bounce up from here? I personally don't think so, we may not be done with this correction and XRP may see prices as low as .10 cents.

TheKingOfAces Updated 

I know a lot of people want crypto to pump to new ATH and in my opinion it will, but not just yet. On this chart I will show you what I believe has been going on and what I believe is about to happen. Now, I want all of you to know that these are my opinion, and like everyone else in the trading community I am just trying to make an educated guess and this...