The blue "+" signs show the MA crosses that have happened on the weekly chart. When the red MA crosses below the green, that is a Death Cross. Symbolizes a Bear Run. When the red MA crosses above the green, that is a Golden Cross. Symbolizes a Bull Run. From the Death Cross that took place in early June 2021, it is very likely that the new market top has...
Let's talk trends. It's obvious that the bottom was locked in around the Oct-Nov 2019 timeframe. Ever since then, the trend has been steadily going up for Tezos. And why shouldn't it? It is now trading publicly on Coinbase, one of the largest and most reputable exchanges in North America. In addition to that, Coinbase provides it's users their most safe,...
I'll be honest, I don't trade. Trading is not my thing because there is so much you have to deal with and it's not worth it to me yet. Fees, taxes, laws... I'm young, low salary, going to college, right now I just want to invest for my future. Cryptocurrencies are a very large portion of my investments and I'll be real. Every time I look at these lower highs I...
I am just looking for long term investment entry points. Right now seems to be a good time as Bitcoin seems relatively stable.
Broke past .618 fib. She's gonna come up and then down to .786 fib to finish the fractal. Then wave b will start for the larger trend.
Yeah, it's possible we have another pump to 6400, but I am doubtful. I think we may actually enter a very large correction for the end of this year. Expect some crazy swings and expect the unexpected!
Made this a couple days ago, but I wasn't sure if it was good. I think it's our most logical route now. We should see another price pump up to the 6050-6200 area. Afterwards should be a healthy correction. We already hit our 5500 target so we should be on our way to 6050-6200 target. However, the consensus around here seems to be that the 3rd wave is over and...
Did not break critical resistance yet, which has formed a double top reversal. Also a nice Elliot Wave Cycle, rising wedge, and bearish engulfing has formed as well. First target of 4500, then 4200. May go to 3900, but I doubt it. Simple and easy! Keep an open mind, though. ;)
Alright, it's a possibility we go up to $4500 about and then head down. 2 resistances I see, breaking the first one is fine, but if the second is broken at 4600, then its not an abc and we are headed for 6k.
I really like the technology and ideas behind this coin. Also, it's really cheap right now and had a large price hike back in June. I see great long-term potential in this coin and you can get a lot of them. They're somewhere around the 30th largest market cap right now. I'm willing to bet we will see a lot of growth from this coin during the next "crypto-craze."...
This coin has massive potential. Great ideas and innovation behind this coin. The only issue is that the devs seem to like making their own cryptography and not use the old tried and true. While this isn't a huge deal, it still posits a bit of doubt. They had an issue the first time around, but fixed it promptly so you know the devs are on it, which is...
Broke Gann 4/1 and breakout of trendline. Seems like the bulls won this round! Just to be on the safe side though, don't rule out the bear market just yet. It could be just as likely hit the $4200 target and drop again. Sorry y'all, I wanted to post this a few hours ago, but I had Physical Training this morning, which is mandatory for my line of work.
We've got a rising wedge, touched the resistance, Wave 2 (Black) hasn't retraced more than 100% of Wave 1, hit the .5 Fib and Stochastic RSI shows downward movement. I'm still thinking we're in a bear market, but that could change rather quickly.
This is a relatively new coin so it's a risky trade, I won't lie to ya. Broke out of the triangle and touched Gann 3/1, it seems like it has good potential. It's also very unique and the developers/backers behind the coin are active and seem very invested
I think we're looking for a new floor around $2,600-$2,700. Low $2,000's seems like a bit of a stretch to me.
There are 2 scenarios in this chart: 1. The Elliot Wave completes with 5 being the longest and most powerful, in which case I'd expect the price to hit a new low, but not much lower. ~2800 2. We are in an ABCDE pattern and will finish the b leg of the B (Orange) wave, then start the lower descent to a new target of ~3225. The overthrow from wave E (Orange) will...
Just showing what my other theory looks like with the current correction we are in. This isn't really a price projection, more of just a general trend projection.
Just looking back on history, I see an ABCDE wave with 3 lows. Sometimes history repeats itself. Wouldn't be the first time. Just another possibility of the corrective trend we are in right now. If this is the case then we are in for another low point (Which holds true to the general 1st scenario I posted), and it touches the 38.2% Fib retracement. I doubt we are...