benji13

benji13 Updated 

If you don't know what dictates a short based off T D Sequential, we need the low of the previous red count candle to be broken.

benji13

We have a chance of still bouncing before we make lower lows. I personally think we're going to the $8,500 range, but we could have billions of dollars pumped in by wall street and other institutions. No telling though.

benji13 Updated 

As more daily candles open the more support and resistance is made, so depending on where candles close will give us an idea of being more bullish than bearish, and vice-versa, if the highs or lows of previous candles aren't broken yet.

benji13

Based off this daily candle we have a long way to go to both continue the downtrend and end it. As more daily candles open it'll be easier to understand what can happen and what's more likely to happen. Right now we're kind of hanging out in limbo.

benji13

Saw a post on POWR/BTC so I decided to do my own take of the price and what are the potential targets backed by math, on both a linear and logarithmic charting scale.

benji13

I don't do a lot of USD pairs, but a friend asked me to check out NEO/USD, and I like NEO anyway so I thought this would be a good opportunity to do a T D Sequential Analysis on it so people can learn more.

benji13

Last time we broke previous all time high we went up over 110%, so to test a theory and trend I've seen on ETH and BTC I'm testing it on LTC. I usually don't use Fib's but I slapped one on there out of curiosity and it lined up pretty well with my top target.

benji13

I'm posting this again because I selected the ETH/BTC chart so it posted in ETH/BTC, when I wanted it to post in ETH/USD so more people can see it, learn and jump on the bull train!

benji13

ETH is starting a big year soon, with my price analysis on previous posts putting ETH/USD upwards to $9,000+ and ETH/BTC at .435BTC tops for this upcoming 2018 Alt Season We're just getting stared folks.

benji13

We'll have to wait to see how the 4 hour candle closes. Next couple days will show us if it's a long or short on daily time frame. As of now 4 hour is a long. Also, I posted a ETH/BTC Weekly chart on Log. scale not too long ago that showed a hidden trend line only seen on the larger time frames log. scale at has been support for a few years now, and price...

benji13

Shorting bitcoin is dangerous period. But you can make a little profit on these shorts. I don't like shorting until I see a red 2 count break the low of the red 1 count, there's a lot less risk doing that VS. shorting when the low of the 9 is broken. Just depends on the level of risk you're willing to take.

benji13

At this point I'm almost inclined to say that this coin was purely created to scam people out of their bitcoin, to help Vinny earn back all the money he lost shorting bitcoin at $2,500ish. The development team, or so he wants people to believe exists, hasn't done anything development wise, there's no news on it, nothing. If the dev. team, or lack thereof, did...

benji13

Update on what's next for Bitcoin in the long term.

benji13

Here's an example of what happens when your Stop Loss on a short is triggered, and how to look to get back into a long trade based off T D Sequential. Things can change very quickly that's why you HAVE to use a stop loss. Having your stop loss triggered isn't a bad thing, it's a good thing because you save money by losing small, you'll learn, and you can get...

benji13

Here's another example of trading with TD Sequential to help keep it fresh on peoples minds.

benji13

Not sure which will win out in the end, but I thought it was important to point out the difference between the two so that people can get an idea of what can happen. I think it's very important to watch logarithmic scale for hidden pivots and potential exponential growth.

benji13

I actually expect price to go higher than what I have set, but for now I'm going to stick with the math. This is all theory as of right now, but the math works over. Also, TD Sequential gives you a better entry point rather fundamental analysis does.

benji13

There's no guarantee that it'll go up to the $9000 range on this distribution cycle, but I have to put the theory to the test. Results will vary depending on the exchange you look at. If you think this is crazy, just look at the price of bitcoin now and compare it to the beginning of 2017.