UnknownUnicorn924366

UnknownUnicorn924366

Falling wedge pattern. SL below falling wedge support Target slightly less than height of pattern (blue arrows) where it meets heavy resistance.

UnknownUnicorn924366

Double Top (Not PERFECTLY aligned*) Bearish Divergence Stop L above Pattern and potential resistance Target at accumulation zone and execution of pattern.

UnknownUnicorn924366

Price is in zone of accumulation. Looking for bounce off the falling wedge resistance line, and then potential breakout. SL Below the wedge and zone of accumulation.

UnknownUnicorn924366 Updated 

Here is a case of a developed ascending broadening wedge pattern. Typically, the price returns to the level at which the pattern developed. (see 1.a) We see a bounce off of the .618. Stop would be set above .718 Fibonacci Extension 1.00 = Target of $4.95 1.272 = Target of $4.25 1.618 = Target of $3.30 (pattern would be completed)

UnknownUnicorn924366 Updated 

There is an ascending broadening wedge pattern developing on the daily. Both resistance and support have had 2 touches (a rule for the pattern). An aggressive approach to this trade would be to enter on the third bounce off resistance, which looks to intersect with the .618 fibonacci retracement of the ATH. In a broadening wedge pattern, one the price breaches...

UnknownUnicorn924366

- Elliot 1-2-3-4-5 Impulse Wave Completed - Corrective Waves A-B completed, waiting on completion of C - On completion of C, potential long entry to T1/T2 (.5 and .618 retracements of swing high April 2018 - EMA 50/200 Cross on 1D

UnknownUnicorn924366 Updated 

Price movement would be equal to height of the base of the triangle. Set stop loss below triangle ~ 130 Target ~ $154

UnknownUnicorn924366 Updated 

ZEC was in an upward channel and broke out of this channel on the 4H. A rising wedge then developed and ZEC broke under support and back into the triangle. In addition a bearish H & S formed. We can also see bearish divergence on the RSI . (HH and LH) Target set slightly less than height of the rising wedge formation and SL set above the channel.

UnknownUnicorn924366 Updated 

A completed 5th Elliot impulse wave followed by a corrective ABC pattern might have Bitcoin on another bullish path...  - Cup and Handle Formation  - Wave 1 with wave 2 completing on the 38.2% retracement  - Height of this potential Cup and Handle execution would coincide with a fully completed 1-2-3-4-5 impulse wave  - Stop would be placed just beneath...

UnknownUnicorn924366

Here, we can see a development of the Cup & Handle Pattern. There is also a well formed Ascending Triangle. Entry would be on a breakout above the handle with the candle close above. Stop Loss - Slightly under the handle (See 1.a) Target - Just below resistance (See 2.a)

UnknownUnicorn924366 Updated 

In this chart, I present a strong case that Bitcoin doomsday (year +) could be over. Looking at the BTC/USD 1W chart, there are some strikingly observable similarities between the major retracement of late 2013 and the retracement of 2017.  First, each saw a total price percentage reduction of 84 - 86% (see 1.a). Perhaps more interestingly, each lasted 12 - 13...

UnknownUnicorn924366 Updated 

Entry ~ $445 (breakout) Stop Loss below handle ~ $398 Target ~ $518

UnknownUnicorn924366 Updated 

Here, I will make the case that Bitcoin is heading lower in the near term. First, a rising wedge (in red) developed but has yet to complete the pattern. The fall would be equivalent to the height of the wedge. (See blue arrows) If completed, the price would decrease to around $8670. To compliment this bearish potential, the final shoulder of a bearish head and...

UnknownUnicorn924366 Updated 

Here we can see that bitcoin broke under multiple support lines. The price fell under the EMA 50, which may serve as future resistance. (blue line) If the price falls under the channel support, then a price drop equal to the height of the channel could occur. This would be the $8470 - $8420 area.

UnknownUnicorn924366

Fib levels for the first 3 major moves (will not touch on elliot waves, here), and and the EMA 50/100 cross.

UnknownUnicorn924366 Updated 

On the weekly chart, a descending triangle formed and broke downwards in November of 2018. This corresponded with a 70% price drop from the top (peak) of the triangle to the base (bottom). It had a length of 56 bars. It can be deduced that a corresponding, potential 70% price drop will occur again from the base of the first triangle (see 1.a) Major Support exists...

UnknownUnicorn924366 Updated 

Wave 3? (LONG SHOT)

UnknownUnicorn924366

This is my analysis of $xzc (Zcoin)