TribeWriter666

TribeWriter666 Updated 

Matic (now Polygon) Has been making some serious moves this year (100x). There's very few things in this life that I regret- not buying more Matic at $0.016 is one of them. Like many others in the crypto space- the Elliott Wave count suggests Matic is in the 4th wave of the 3rd wave. The 0.236 has been hit so this correction could be done but length of time...

TribeWriter666 Updated 

I've been hearing about COTI for a fair while now but my focus has been elsewhere. Now that I take a closer look, I wish I had paid attention sooner! If you are bullish on the Cardano ecosystem, this might be one to look into as they seem to have some close ties to ADA. COTI has had an amazing run since the COVID lows achieving a 20x but it looks like there could...

TribeWriter666 Updated 

Just a quick one; obviously time sensitive. Excellent risk : reward in this trade > 1:8 Looking for +13% + There has also been a breakout of the recent downtrend. This low for the right shoulder is also a retest of that breakout. + looks like Wyckoff accumulation is well underway, keep an eye on this. Inverse Head & shoulders trade: Entry: around $1868.5 (Right...

TribeWriter666 Updated 

I love finding leaders and lagers and this seems like a perfect example. Its easy to see the similarities in these charts- they're not exactly the same but wow are they close. The last time I noticed something like this BTC had just hit 20k while ETH was still at $500 (see below). Just like BTC was leading the way then; it looks like ECT might be leading DASH (&...

TribeWriter666

This is ONE beautiful chart ;) if this plays out honestly this is one to frame and put on the wall. I can't help but marvel at how technically perfect it is. If this plays out- it'll display the real power of Elliott wave. This 4th- 5th wave trade is the bread and butter of Elliott- it doesn't get better than this. Key points 2nd wave retraced to the high...

TribeWriter666 Updated 

Feels crazy to say this considering all the gains we've seen recently, but it looks like the real altseason is only just beginning. This Elliott wave count suggests that ETH measured against BTC is about to go into the 3rd wave of the 3rd wave (Often the most explosive move) with a target of + 234%. What does this mean for alts? It means hold on... Things are...

TribeWriter666 Updated 

Can't get better odds than this. If the pivot low holds there is an 80% probability of the price reverting back to the median line. Currently the target is +45% but the longer it takes the higher the target. A realistic target would be around 80% Key points: The low is at the 0.618 fib Pivot low need to hold Entry: at current price 0.03077 Best entry at...

TribeWriter666

Before you crucify me... Yep I know! Market cap big big! Is that even possible? Well first target ($3.11 +22x) would put the market cap at around 190b. If I compare that to where the market is now it doesn't look likely but if I compare it to where I think the rest of the market will be by the end of the year; it starts looking more reasonable. However, the second...

TribeWriter666 Updated 

So many of these have hit targets lately... Almost feels too easy. Target 151 Sat (+74%) Never Trust. Verify. D.Y.O.R. Not Financial Advice Just an Observation. Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk management is key . Capital preservation above all else.

TribeWriter666 Updated 

BTC has been on an amazing run this year, Seems like nothing can stop it. However it feels like a correction is overdue. The question is; will BTC smash through this median line and make its way to the top of the channel or will it correct and retest the channel shown in red? Key points: Oscillators are at extreme highs (but they can stay this way for a...

TribeWriter666 Updated 

Understanding the relationship between BTC Vs. ETH is crucial to maximizing your BTC stash. When ETH runs so do the Alts and your BTC value also increases. When BTC runs everyone stops and watches in awe. So given the price action of BTC lately, your alt bags have probably been making some nice USD gains, but I bet you've been hemorrhaging BTC value? For most...

TribeWriter666 Updated 

As a Trader it's important to know your strengths... & your weaknesses. When you're self-aware you have no more excuses. It's not the markets fault, it's yours. Own it. And work on getting better tomorrow than you were today. My trading personality is: A "Patient Gem Fossicking, Value Investing, Swing Trader, with a specialization in capitulation." ...

TribeWriter666 Updated 

Nice to see these patterns playing out lately, wait for the re-test for an entry. Target: 1616 sat (+48%) Heaps more setup on the radar, don't miss them ----> Like & Sub Never Trust. Verify. D.Y.O.R. Not Financial Advice Just an Observation. Technical Analysis is not about being right, it's about increasing your odds. Be prepared to be wrong. Risk...

TribeWriter666 Updated 

Moonshot... Broke out and retesting the channel. This seems to be a common pattern at the moment, just before they moon. Lets see if this follows the trend. Like & Sub for more of these... I'll publish my watch-list with similar plays if there's enough interest? Never Trust. Verify. D.Y.O.R. Not Financial Advice Just an Observation. Technical Analysis is...

TribeWriter666 Updated 

Just a quick one, I'm not going into the fundamentals because I think most of you are fully aware of the current bullishness of the market and the caliber of Cardano. I just wanted to point out the formation of this massive Head & Shoulders pattern that started forming in Jul 2018. Wait for the the breakout & confirmation. It should do a quick 100% Vs. BTC once...

TribeWriter666 Updated 

BTC launched in 2009 and DASH launched 5 years later, in 2014, is DASH one full cycle behind BTC? The 2017 boom bust cycle of dash looks like BTC in 2013. In that year BTC had a big run up from ~$12 to $1178 and crashed back down to about$150. And I think we all know what BTC did in 2017. In 2017 Dash went from about ~$1 to $1,600 and crashed back down to ~$33....

TribeWriter666

DASH has had a real battle gaining momentum over the past year and it's had it's fair share of FUD. But since the March low it's been slowly grinding higher. Since Bittrex is not even top 10 in terms of exchange ranking I don't think the de-listing will have any long term impact on DASH. The marketing approach for DASH has also been switched form "it's a privacy...

TribeWriter666

Can't help but feel excited for VET 's price action in the near future. Maybe I've been hitting the Hopium too hard! And while there's a huge difference in the standard vs. long targets, there is consensus. That is, it's going higher. The wave 5 target for the standard chart doesn't even get this back to the VEN All Time High. Meanwhile the log puts it at...