I closed my Ethereum Classic trade at $8.39 yesterday. I told you in last post to stay out below $8.40, currently sitting at $8.10 Now what do I have my eyes set on. I'm going to be watching zcash play out in this wedge. We could see it breakout and form a right shoulder for about 35% gain. Now I am scouting for my entry. Almost the same pattern that ethereum...
Attempting push upward Hodl that bag If I had to enter here I'd put a limit at $8.50 with tight stop
Heiken ashi in a chop range but still looks like it could be upward continuation Renko on the bottom is showing a double bottom cup pattern Order book seems in favor of the bulls I don't have a crystal ball but if this trend continues I think we could top out in the mid $20s but that is just complete speculation based off Fibonacci extensions
She's pulling back like I said it would. Top heiken doji and renko closing lower. Need renko to close lower for me to exit, nothing worse than selling and rebuying higher up. Hope she got some more steam
Very strong push based off the bullish heiken ashi candles With a very strong wedge breakout But, pullbacks do happen after breakouts Keeping my eye on the renko chart below for my scalp
I updated my last post last night when breakout, bought @ $8. The wedge is done. Let her fly high
Constant battle, sideways range No good size orders coming through the tape/order book Wait
Super bullish Catch the minor pullback Volume building up
Top chart BTC.D Currently sitting on top or long term support, but is in theory the last wave retracemtn of wave 5 with with Elliott wave theory in play. We should see it break support and start to watch it play FIB levels. If it breaks, than we can claim the bull season for alt coins has begun. But untill that happens, this is still a bear market. Bottom...
The overall sentiment of the whole market shows the start of a massive brand new bull cycle. Don't miss this one.
The 61.8 fib shows 10 cents, we are squeezing now roughly around long term support on the wedge I have drawn on previous post. I think this is a bargain of a deal to have. Vtc/Btc pair is floating on the bottom of all major crypto cycles. I think we might see a flash crash to that price level, but not guaranteed. Buy it up and put it away for a couple of...
The overall area of current purchase is an awesome price to buy and hold. Come on... It's damn near bottom. Good luck!
Best of luck to y ou in this wedge that's really starting to compress hard. Looks like a 5 wave correction from ATH. Like I said best of luck.