Each time price closed above bollinger bands results in a massive dump, with BTC about to make a move soon, link marines about to be rekt. Over-extended waves up are the best to short.
Similar price structure/set-up/fractals whatever you call it. April 2019 / Sept 2019 ( current ) Price drops to test 21/ 55 EMA. Expecting -11%-15% before making new local highs. If 12hrly closing forms tweezer tops = you already know what's coming
Price has dropped from $120++ to a low of $47++ since YCash fork event ( almost 61% decrease in USD value )/ based on Bitfinex chart. $47 has been a strong support for the whole of 2018 and have proved temporary why this is such a significant support. Price is currently in an ascending triangle formation since the steep downtrend since $120+. I would not be...
$ETC bounced off the support of the previous ascending triangle structure. Currently making higher lows ( 4hr TF ) in a symm triangle. Atlantis hard fork on Sept 17th.
No descriptions needed. Descending triangle. Price broke down, retested the support. FYI you are able to short ZEC on huobi. I've been a ZEC bull for the year, but not now. Still long-term bullish nonetheless.
Not much descriptions needed. Do note ADAUSD still in the middle of nowhere. I would prefer taking this long on ADABTC if ADAUSD is showing clear signs of reversal. Still quite a risky trade I must say, very 50/50ish. However ADABTC def looking more positive. This is the retest of the accumulation phase support.
Looking at all the analysis shorting LTC. LMFAO. Imagine shorting $LTC before the halving. Imagine shorting LTC after a 47.4% drop from the local highs. These guys aren't very smart.
Once again, I am back with a zcash analysis. So Zcash as my previous analysis has stated, tops out at the broadening wedge pattern. ZECUSD loves this pattern, pretty uncommon one I must say. & as expected, Zcash corrected all the way into $64 region at the bottom of the broadening wedge pattern as well. It has a short term rally and now it is tested the $60s...
Using $BTC short profits. LONGING ALTS BTC pairing. All large cap alts are printing the same pattern like LTC for example. Ascending triangle 4hrly. Good RR 3.19. Stop loss can be set tighter, but I think I am giving it more room as BTC is looking very volatile in the lower time frame.
Just take a look at the weekly for ADAUSD. What a glorious bottom it is. It's almost time for it to make a big move and I believe it will be towards the upside. A break out towards the upside will bring about a target of 69% gain.
$Zen is sitting on WEEKLY support trend line. Recent series of higher highs and same lows. 4hrly downwards pointing wedge. If this works out, you will literally be BUYING THE EXACT BOTTOM.
It's been a while since I have posted. So here we go. Not much descriptions needed. Keeping price before fork date conservative. Broadening wedge formation. Embarking on Wave 5 now. A series of higher highs and higher lows in lower time frame. Blue vertical line is Ycash fork date. Targets for broadening wedge are not some hopium MOOON BOY predictions....
1: Past / Present analysis. History always repeats itself. High resemblance of price structure when comparing that accumulation phase from Dec 16 - Mar 17 to the current phase we are having. In 2017. those 4 months leaving accumulation phase brought about close to 658% gains. 2019 2017 2: There is a good chance ZEC might go on a good rally for the next...
ZEC BTC, 6 hrly RSI bullish divergence with price making a low. Possible relief bounce to break out of the falling wedge? Potential double bottom? + oversold conditions
Daily time frame, wedge spotted. AE testing wedge's support. Zoomed into 4 hrly, falling wedge spotted. Price has been trending lower in the falling wedge while RSI has been making higher lows. Stop loss can be kept to 2.5-3%. 3.5 R/R targetting T1+
H&S spotted with declining volume. I think we are about to drop.
CMT 1hrly symm triangle. 2% stop loss. T1 2 R/R so on and so forth. T3 seems possible.