asegretto

asegretto Updated 

I'm not predicting BTC will exactly hit this mark. I am just saying that datapoint on this chart is very interesting. First, I found a trendline on the 5 year log chart by connecting as many points as possible. Next, I created the downward wedge on the 4 hour regular (not log) chart. The apex is on $4780 USD, which is exactly at the .786 retrace of Elliot wave...

asegretto Updated 

I've been talking on my last few posts about Hurst cycles. Now I finally show you guys the chart with them on it. This chart says a lot I don't need to add much here other than, check out my next post I will title, "X marks the ABC seller exhaustion." It will zoom in on the X wave BTC just started. One last note. This WXYXZ, as I have said before, is an...

asegretto Updated 

I've read countless predictions of the end of the bear market in 2018, none of which have panned out. However, this time there is a tremendous amount of evidence showing it is at the terminal end. The "bear market" seen in the last 7 months has been cycle degree wave II, and it was preceded by cycle degree wave I, which culminated in the huge bull run of 2017. ...

asegretto Updated 

The current action seen today spurting up to 6320 and then plummeting quickly down to 6200 clued me into the action seen in the last 48 hours as an ABCDE symmetrical triangle. Elliot Waves shows E up top which leads to downwards action coming out of it. In general triangles are seen as waves 2 and 4. I had been thinking the intermediate degree of trend was just...

asegretto Updated 

BTC -0.08% has formed a rising wedge that has broken above a 2 month long downward column, and is currently consolidating around the .236 retrace of the falling column created during May and June. I have a close up of the subwaves of waves 2 and 3 of the wedge in the update below. Wave 2 was a WXY. Subwave 3 of 3 was only 1.618 of subwave 1 of 3, making wave 3...

asegretto Updated 

What do you get when there is complete seller exhaustion and no extra buyers step into the market? Thats right, you get a vertical spike with continued depleted volume. Thats what BTC just showed us. This post is follow up to my last 2 posts, "WXYXY over Hurst Cycles" and "A Silent Bull in Disguise?" The former give the forest view and the latter gives the...

asegretto Updated 

There is a valid count that puts the WXY bear bottom at 5750 on June 24. It had seemed obvious the bear trend was continuing until I really took a deep dive look at the subwaves. This chart shows a valid count that actually suggests BTC has started its trend reversal bull trend! It would mean that BTC is working on wave 2, and wave 3 is next. Wave 3 would have...

asegretto Updated 

Hurst Cycle analysis is showing the end of a 500 day cycle, 250 day cycle, and 60 day cycle coinciding together between July 3rd and July 11th. All of the cycles are together pulling the price downwards; however, this will be one last grande finale flame out of the sellers, fittingly sometime in the vicinity of the 4th of July. BTC has already put waves 1 and 2...

asegretto Updated 

Elliot waves and chart patterns seemed complete at the 6105 low. We are seeing articles on seeking alpha recommending now as a good time to buy in. This sentiment has lead to the footing BTC has made in the last few days (the orange triangle); however, it is only temporary. BTC has been putting in 30 day cycles pretty regularly starting on the 6th of each...

asegretto Updated 

I've seen all kinds of bottom trend lines drawn out for the bottom support of the triangle. I am confident about this one. This one lines up with the support/resistance cluster in November last year, and touches perfectly with the Feb and June low points all the way down to the 30 minute chart. We've been seeing 30 day cycles with trend reversals on the 5th of...

asegretto Updated 

We often see wedges morph into columns. For example, we saw LTC do this a couple months ago. I've seen people here on Tradingview call a breakout for RDD. We see potential breakouts in RDD/USD as well as RDD/BTC. The dramatic 99% retrace in wave ii on the RDD/BTC chart caused this breakout potential. I am seeing it as a bear wick. RDD/BTC has a huge cluster...

asegretto Updated 

RDD/USD has been observing the downward wedge I posted, perfectly, and it is still contained within the wedge. I am expecting to see a "bull wick" on the wedge coming here very soon, and it will be point E on the wedge. By Bull Wick I mean it will pierce the bottom support line on the wedge, and then bounce sharply back into the wedge. After that I expect it...

asegretto Updated 

During a Bear Flag, volume diminishes during the pause and then rapidly expands on the continuation. We've seen diminishing volume during the Bear Flag zone. I have charted out a primary degree zig zag pattern which would make up BTC's cycle degree wave 2, continuing for the remainder of 2018. The bear flag shows an ABC corrective pattern. It will take us up...

asegretto Updated 

Correction/update from pervious post, the bounce at point C is already in process. RDD/USD does a 23.6% bounce retrace up to point D at .0069 USD while BTC does a 38.2% bounce retrace up to 8207 USD. The target numbers remain the same as my previous post; however, it becomes all one target range and the points give us an upper and lower bound on the target...

asegretto

RDD/USD C wave is a downward wedge. C is the tail end of a flat, and so we have 5 waves down. A breakout at point D is extremely possible. Buy in target zones are in the approximate area of points C and E on the wedge. Buy In Targets: RDD/USD 0.006 USD RDD/BTC 77 Satoshi BTC ~ 7800 USD RDD/USD 0.0048 USD RDD/BTC 66 Satoshi BTC ~ 7270 USD

asegretto Updated 

I am seeing two possible buy in targets for RDD; they are both circled. 1. would take place sometime near 05/17 22:00 UTC (8PM EDT UTC-4) RDD/USD near .0067 USD RDD/BTC near 86 Satoshi BTC ~ 7770 USD ~ .618 retrace 2. would take place sometime near 05/21 RDD/USD near 0.048 USD RDD/BTC near 66 Satoshi BTC near 7200 ~ .786 retrace The first higher buy in...

asegretto Updated 

Fibonacci, Fractals, and Trendlines show the remaining waves 2, 3, 4, and 5 of the extremely impressive impulse pattern RDD is currently completing! I find its timing exponentially increases my excitement about it. It looks like wave 2 will take place while other cryptos are taking off to the moon. Selling at the top of wave 3 and then laddering back in during...

asegretto Updated 

In a previous post I projected wave 2 would be a 61.8% retrace of wave 1, where wave 2 ended on May 14th. This chart shows a trendline drawn from the top of wave 1 to the bottom of wave 2 where wave 2 ends on the golden ratio retrace on May 14th. RDD wave 2 as you can see has been hugging the trendline and using it as support and resistance. The chart projects...