Hey everyone, welcome to yet another Technical Analysis . Let's get right into it. LTC broke it's downtrend channel (what I call a break, a hook and a go). What this means is that it needs to retrace back to its breaking level, retest it briefly and only THEN it goes up. As we all know by now in Crypto whenever a channel is broken with such strength we use the FIB...
Hello my people !! Today we're looking at BTC for long term investment and scaling in and out of it. Let's get started..! I strongly believe Bitcoin is just getting started, with all of the mainstream exposure it has gotten in the last couple of months and the infinite possibilities behind Blockchain technology. I am fairly certain that the move from $3 000 to...
Greetings fellow investors. Welcome to yet another technical analysis .. but this time we will be looking at OMG. Let's get right into it. I believe we are building a VERY BIG 5 Elliott Wave pattern. As we all know there is 5 waves inside of waves. The Blue 5 wave is the first wave of the bigger and main Elliott Wave . The Yellow one the second wave and finally...
*The year is 2019.* Hello people of Earth. I am live from Mars, things are good here, we recently welcomed a new neighbor. His name is NEO and he came a LONG WAY from Earth to the Moon and eventually moving to Mars. ''I am a space traveler looking to go beyond our solar system. Visiting the universe is my destiny.'' He says... No but seriously guys. Fibonacci...
Good afternoon my people and welcome to yet another magical trend analysis. Let's get right into it! *CHOP CHOP CHOP* What?? Am I hearing the sound of scissors cutting the price of Ethereum in half!? 50% off on ETH you say?? That's right ETH follows BTC path, the 2 are like twins with BTC being in control. Bitcoin is currently doing a 5th wave to $4700 and...
Welcome everyone to the BTC Scalping serie. FIRSTLY, Scalping and Day Trading are EXTREMELY Risky, I DO NOT advise anyone to take these trades. That being said, let's get started: BTC is currently testing its last support from the consolidation below. That level is key. Option 1 GREEN Btc bounce off the Purple line, test it but cant break past it and start...
Good morning fellow investors, Hope you're doing well and welcome to yet another BTC analysis. Let's get right into it! A couple of days ago bitcoin gave us a Elliott Waves 5th and last wave confirmation. As we know from our good friend Mr. Elliott himself one of the most important rule in Elliott Waves pattern is that the 5th wave need to take the bottom of the...
Good day my favorite cryptomaniacs and welcome to yet another analysis of BITCOIN (and a grain of trend line education). SAY WUT?? Let's get right into it !! ''Denzoss Bitcoin is going up!! Should I RE ENTER THE MARKET ??!?!?'' NO! The graph hasn't given us ANY indication of a reversal pattern. We are STILL in a downtrend until it breaks past $10 700 level(red...
XLM we love you so much but boy do you have a sad journey down to the 1800 area. With BTC reversal pattern and bearish market XLM is deemed to go down and it has absolutely no strong levels between 3500 and 1800. It also needs to Square up A LOT down there. I have traded XLM on its way up from 1000 to above 6000 and, OH MY! XLM is going to give use one hell of...
Hello friends! Welcome to this 5th wave BTC update. Let's get to it! Firstly, I want to assess my general opinion of BTC and what I see it doing in the upcoming days. I am seeing a 5th wave all the way down to $4700 (refer to the Linked Related Ideas on this post). Now, let's try to figure out the bounce on this descending trend! As you can see on the chart we...
This is the 4th hit we get on the .786 FIB on TRX. which indicate a strong support at that level but also a VERY BIG RED FLAG if it break through it. BTC is currently dropping (5th wave in my opinion and will drop all the way to $4700). IF the BTC move happens TRX wont be able to hold its position VS the 200 BILLIONS dollars market of BTC and will have no choice...
With BTC 5th wave set to drop all the way down to $4700 you can expect ETH to suffer HARD. Alt coins suffer even harder than BTC itself when it drops fast and that's what we're looking at right now. ETH simply is not strong enough to fight against a descending BTC. We have a MAJOR $150 area that needs to square up down there ($725 to $575) This represent BILLIONS...
I still think BTC is going down to $4700 and my reasoning behind it is quite simple. If we look at the big pink arrow on the chart we can see a VERY CLEAR BULL TRAP. Back at that point we were on a descending pattern (bear market) from $20 000 to all the way back to $10 000. The bear market was confirmed at $17 000 when we dropped lower than the previous low...
BTC set to drop and begin its 5th wave to drop lower than the previous 3rd wave low ($5900) which leaves a single level reachable $4700. I have called the $5900 drop in the beginning of February and I was right. I called it using Eliott Waves market structure and I said the price was set to drop to the $5800 range which it did only to bounce back all the way to...
XRP is set to drop. Especially considering the stage of the market as a whole. BTC has been showing us in the last month and a half that HE IS IN CONTROL. BTC is setting up a 5th to drop below our last low ($5800 from the beginning of the month). XRP will follow BTC but XRP doesnt have any levels from around 0.000090 to 0.000075 and then 0.000047. Price movement...
Some of my trainees asked me to do TA work on BCC so here I am. Firstly I wanna say that this coin TA wise makes ABSOLUTELY NO SENSE. There is no wave structure and it just feels VERY odd. One thing I found out is that it is SORT OF respecting the FIB retracement. We can see a bounce off the 0.236 and also a bounce off the 0.382. These moves seem to be stopped by...
ETH follows BTC path, both are very similar. I see ETH reaching about $1 000 before going down and my reasoning behind it is quite simple. BTC is doing a 5th wave and so is ETH. ETH got a lot to square up at the 720-580 level. That level is a good re-entry but if we use a logical approach based off the fact that ETH and BTC move together (BTC being in control and...
The big boys just pushed the price from 8750 to 9300 within less than 2hours. NO consolidation or sells AT ALL. They pushed about 15 B dollars into the market out of thin air within 2 hours. Which crated a MASSIVE candle that need to be squared up (you can go take a look at the 1minute chart you will see that it ONLY went up). This move made it break past the...