After my CORRECT previous analysis here: It seems that the big push upwards, through the main trendline and completion of Wave 5 Impulse on the Minor period, seems to have been completed and price action may start a consolidation move sideways. TDI shows overbought position with the RSI just inside the outer band so I'm not expecting a sharkfin which would...
NEM - This Altcoin seems to have completed a breakout to the downside for a possible path towards the second support area, before a very strong upward move. However, TDI does show the RSI line has breached the outer lower band and could either form a sharkfin or follow along the lower outside band until a lower sold position. The Blueberry EMA is running alongside...
It seems Litecoin is on a bearish Impulse 3 wave and will continue to the low Peak before a pullback. This Impulse move seems to be on the Minor period time frame and isn't performing as previously expected. TDI continues to show bearish movement as the RSI approaches the lower outer band in preparation for a Sharkfin out of the water. The blueberry EMA has been...
Ethereum progressing as forecast back on July 21 2017... see here for more details here:
As per my previous CORRECT analysis back in April 26th (), the move upwards up to the upper trendline has been confirmed as well as the move downwards. This move downwards was quite a violent bearish move and strongly suggests that an Impulse move downwards has now started, for a long-term SHORT. TDI confirms the strong Bearish move downwards and we should now...
As per my previous CORRECT analysis, back on the 8th of February 2017, () a Flat channel/consolidation has now completed, trade closed and profit taken! Price action exited the channel and has then dropped back into the channel via a significant GAP. This seems to be a precursor to a possible new consolidation, upward move or downward move. I shall now sit on the...
Possible FLAG Pattern on the Monthly with additional Harmonic It seems we have a confirmed breakout of structure on the Monthly as well as a FLAG pattern that seems to have been formed. Additionally, it seems there could be a pullback during the next couple of months, if a Bearish Cypher Harmonic Pattern is to be confirmed. Two directions are possible in this...
As we are one day before the SEGWITx2 / UASF upgrade, the chart becomes clearer and over the next day or so, we should see the completion of what seems to be a triangle forming. A possible Bullish Gartley could also be confirmed if price action reaches the confirmation area. Either way, the trend is definitely BULLISH and there is no sign the trend is about to...
It seems we may have a Bullish Gartley Harmonic forming on the 4 Hourly and Daily charts where price action is now on it's way down to the confirmation area. Should the bullish Gartley harmonic pattern form, it will become a highly probable pattern that should give strong signal to buy/LONG this crypto. TDI shows current progression downwards following price...
It seems that NINE Entertainment Australia is progressing LONG inside an Ascending Triangle, as I had forecast back in January, See here: All EMAs have now crossed, including the MAYO and BLUEBERRY EMAs which confirms continued upward movement together with TDI also showing continued upward movement. Wave count remains the same, however although this is a long...
It is quite evident that FASTBRICK ROBOTICS LTD (ASX:FBR) has broken out of a Wedge and is continuing on a BULLISH trend, not only due to technicals, but also due to the recent announcement of an agreement with CATERPILLAR (NYSE:CAT), to Provide services to Caterpillar's construction customers. The global addressable market is now estimated to be $100 ~ $200...
It seems my previous wave count here: has been invalidated on the Intermediate period, with panic and indecision increasing within the market, thanks mostly to amateur traders, which amongst other things, have manipulated the market price of BTC with panic, to drop lower and begin a consolidation (sideways movement) until the 1st August when the SEGWIT2x / UASF...
In my opinion, Bitcoin seems to be completing a Wave 4 Triangle formation and will soon breakout of structure to start wave 5 LONG. It seems Wave 3 has already been completed and provided another base Resistance level. Wave 5 target range would be largely due to the impending Aug1 SegWit, as information was provided on my previous analysis here: which it...
Continuing on from my initial analysis here: It seems that we have almost confirmed the head-and-shoulders pattern and it is possible we are in view of the start of an Elliot wave 1, 2 and now going onto Wave 3, on the 4 Hour and Daily charts. TDI shows bands are widening with the close still mid way between middle of band and upper band, thus suggesting possible...
After my previous analysis here: Where the Harmonic Bullish Gartley was confirmed as well as a Head-And-Shoulders Pattern noticed (Thanks VitalyKaminsky) and a breakout of the structure/channel upwards in a bullish trend. An Elliott Wave count seems to be in progress, where a Wave 1, 2 and 3 have just been completed (Caution - Possible extension on Wave 3 -...
As per my previous analysis here: Breakout of structure has occurred and it seems that we may be at the start of an Elliott Wave 3 in progress. Price action has not been able to breach the lower major support area and is now bullish in trend. It also seems that a borderline FLAG pattern 'may' be forming, which may also confirm the possibility of an elliott wave...
It seems that OMNIcoin is in the final stages of a wedge and in my opinion, is about to breakout of the wedge/structure into the start of a Wave 1 on the Intermediate period, which means a continuous upward trend for a substantial period of time (eg. Long Term). Price action has breached the Blueberry EMA 3 times but has not penetrated the Support. There is also...
It seems we have a FLAG pattern forming on ETH/BTC where price action has just broken out of structure and in my opinion, is a good signal for Entry to go LONG (Purchase Ethereum) coins. Not only do the Technicals suggest upward movement (Even past the 1st August), fundamentals show promising positive news as Ethereum Alliance has just added added 'Mastercard' to...