We are now taking a look at Ethereums current chart patterns. From what I am seeing, Ethereum could potentially fall down to as low as 600 usd before finding support for another breakout. I believe it will breakout around 630 usd though. If it continues to follow the pattern it has we can expect a breakout here very soon but I do not see that happening. I would...
Here we are taking another look at Bitcoins progression through elliot wave. Bitcoin is now forming a bear flag and looking to fall in price to around $8000 before starting 3rd wave in my opinion. It has done well to follow this pattern thus far and only time will tell if it will continue! I will continue to be updating this chart so please follow to stay posted...
Today we are looking at Bitcoins movement. I felt that it would be best to make an analysis on the leader after the recent change in price. Similar to my recent prediction for Litecoin (which typically follows the path of bitcoin), I saw the idea of a possible elliot impulse wave forming at the end of the falling wedge. Bitcoin has thus far followed the pattern...
Tron coming up very strong as of late, hoping it will continue to move up! From what I am seeing, tron is looking to ride down to around 0.05 and have the opportunity to shoot up out of the wedge or fall below the trend line and lower once again. Just an update on what to be looking for ahead. Hoping Tron can shoot up above the resistance line at 0.056 following...
Today we are taking a look at Tron. Tron is now approaching a falling wedge and should shoot out here very soon! Many coins have been following this recent trend and I am expecting Tron to do the same very soon! I will continue to update this so please follow me to see more. Also like if you agree/comment what you think! Thanks!
Well we are now approaching the double bottom for litecoin at $104. Here we are hoping the resistance will be enough to get it started on an Elliot Impulse Wave. If this fails we will continue to the bear trend and look for a new resistance line to recover on. With bitcoin closing in on its double bottom at $6,000. I believe there is a strong possibility that...
Looking at Ripple we are hopefully looking at the start of a elliot impulse wave following the flag. I do not particularly think this is going to occur based on altcoins. I believe it will fail the elliot impulse and drop down again, but only time will tell! Just a couple possibilities to be watching out for. I will be updating this so please follow and stay...
Tron has looked very bullish as of late, but will it continue its pattern? Thats what we are here to figure out. Based on altcoins and MACD lines I believe Tron is dropping down again very soon. It is gradually starting to lose momentum and looks to me that it will drop below the trend line in my opinion sadly. Thus far Tron has held and hopefully can continue!...
Looking at ethereum again today, it has begun to fall again as I had expected. It seems to be following the same pattern it had in mid-late February. Ethereum is still currently looking very bearish and I would expect it to drop even more short-term based on the chart. This is just an analysis and is not a guarantee it will be dropping. Will keep you updated as...
Looking at the Ripple Chart, we are seeing an inverse head and shoulders nearly formed. This is a very bullish trend and looks promising for break out point very soon. This is just an analysis based on patterns and is not a guaranteed prediction. Please leave a comment on what you think/like if you agree/enjoyed this post. Thanks!
Here we are looking at the 2 hour chart for bitcoin cash, following the recent bear flag we are now looking at a possible bullish flag forming. Following the flag formation we will have a very bullish trend for bitcoin cash. Once again this is just an analysis and is not a guarantee. Please leave any comments on what you think/like this if you agree/enjoy this...
Tonight we are looking at the Litecoin Chart. Based on what I am seeing here we are in the process of completing inverse head and shoulders which is a very bullish sign. This could potentially be the end of the bearish trend litecoin has been having! The 4 hour MACD lines are also looking to swing momentum of Litecoin to follow the Elliot Wave Analysis. Once again...
We are now looking at Ethereums 4 hour chart. Strictly based on what we see here from MACD lines and Head & Shoulders pattern, it appears ethereum will be making a slight increase due to momentum followed by another fall to complete the head & shoulders pattern. Ethereum is still appearing to be very bearish for the time being. Please let me know what you think in...
Today I took a look at Litecoin. Looking at this chart, Litecoin is looking very similar to bitcoins current chart. As you can see it looks that we have passed the correctional phase and have nearly completed head and shoulders formation. I can now see Litecoin following Elliot Impulse Wave. I would expect a high volume increase for wave 3 following the head and...
Based solely on what we are seeing here, Ether has been on a downtrend but has managed to hold around the 50% retrace. This is very important resistance for Ether. If Ether can remain above this level it will become very bullish. Be expecting a high volume breakout from the trendline. If it can hold this level I can see it making a move for its all time high....
Based on Inverse Head and Shoulder Pattern and Elliot impulse wave, plan for bitcoin to break out of right shoulder very soon after completion. I see uptrend beginning now after bottoming out at $6,000. Good News for the buyers.