After months of downtrend, Siacoin (SC) appears to be almost ripe for a huge upside move and we will be ready to ride the moon train as soon as price gets down to our buy zone. To newbies, expect a pullback every time price hits a TP level. Buy: 0.00000121 or near Take Profit #1: 0.00000145 (19.83% Gain) Take Profit #2: 0.00000176 (45.45% Gain) Take Profit #3:...
This is a very short term (VST) outlook for Bitcoin which will give us a general idea of how price is expected to behave over the weekend. Given that we are on the final wave, I imagine that price will be trading within the range as highlighted in the chart with a top near 8488 and a bottom based on the recent low of 8073. All this will be prior to a drop down to...
My fellow traders, good day! In just one month, Bitcoin has gained a whopping 39.76% from $5755 to $8043. This also means that 2 out of 3 targets in my Q3 chart (first published on July 1st) have been achieved. If you have traded based on this chart since its first publication, you would have made a solid 42.94% return with your investment in just two trades -...
Greetings, traders! We have all heard about the Stellar hype one way or the other. The media is selling it with words like "Stellar defies market pullback". Long time supporters assured new comers that Stellar is going to $100 now. How true is any of this? I can't say about its future but one thing is for certain, Stellar's gravity defying stunt is likely to...
Good day, traders! Please give me a moment to share my humble observation before we begin today's forecast on Ethereum. It is humorous to see so many bullish technical analysis on TradingView today. If you look back just a few days ago, everyone here was so sure that Bitcoin and Alts would capitulate while I was the only contrarian telling people otherwise. I...
We nailed it, guys! Our patience in NEO paid off. We bought the dip and took some profit ($36 - $38). So what now? Given RSI and Stochastic are quite maxed out in the 4 hour chart, I believe we may see some sideways consolidation from here which would bring price down to somewhere around $35 (maybe even $33) before any sustainable upside movement can be...
Just got back from an 8-hour drive so I will make this very short. I am prioritizing this analysis because it requires special attention. What I am about to tell you is just a worse case scenario and maybe it won't happen at all so keep calm, my friends. As you can see, price has again bounced off the falling wedge and make its way north which has tons of...
Doesn't it seem strange that Bitcoin still has not undergone capitulation in its recent correction? What if Bitcoin has already bottomed? Odd as it may seem, a correction without capitulation can only be explained if the asset is actually in the Awareness Phase of a bubble. If you look at the chart above, we might actually be approaching the end of the Awareness...
The Bitcoin market took a beating yesterday following a failed attempt to break above former high of $6,839. The bears saw a moment of weakness in the market when price struggled around $6,820 yesterday and seized it. While I may have slightly underestimated the bears, I remain objectively optimistic about my previous bullish forecast and our journey to...
This is not exactly an analysis nor is it a parody. Each of the available paths on the chart is based on what I think will likely take place (not ruling out the bloodbath). Instead of always being the analyst to tell you where Bitcoin is headed, let's switch roles for once. Wear my shoes or a whale's shoes and tell everyone which path you think Bitcoin will...
NEO appears to be completing its correction waves soon with a Falling Wedge pattern that promises upside potential. We will buy the dip when price falls into our trade entry level between $29.50 to $31.80. Give this chart a LIKE if you want more updates for NEO. Good luck!
Friends who follow me requested that I do a proper analysis on NEO against USD so here we are. A buy opportunity has presented itself at the level as indicated on the chart. This would be a good level to open a NEO trade for the long term. The tendency for price to retrace upward from here is very high. This pro trade is aimed at maximizing profit over a short...
A buying opportunity has presented itself at the level as indicated on the chart. This would be your last chance to enter the Ethereum long trade at this level. Once price leaves the area, it will not return. This pro trade is aimed at maximizing profit over a short term basis as does not represent the full upside potential of Ethereum. Good luck!
This is practically the only chart / forecast you need for Bitcoin to go through Q3. Those who follow me would know that this is an update of the same chart which I posted back in July 1 and June 23, except for some fine details. Why make new a chart when the forecast has been accurate so far, right? The targets I laid out in the chart are all pro trade targets...
Good day, my friends! This is an updated chart for my previous analysis titled “Ethereum – Falling Wedge Reversal” dated July 4 (three days ago) which remains “valid” until today. This new chart, however, should give you a clearer view of how price is going to hit our target. Now let’s take a closer look at the short term setup in the the 3-hour chart. There...
Why haven't we bottomed yet? Where is capitulation? I am sure many have been troubled by these questions over and over again. Well, you are in luck because today I am going to clear this cloud of confusion for you once and for all. As I have explained to one of my commenters before, the answer to these questions are a lot simpler than you might think. First of...
Bitcoin's first moon trip is about to hit target (Fib 1.414). Seeing price climb a measly 2.4% is so agonizing. Alts are fairing much better this time around. I do not anticipate price to hold above the target. This rocket is done for... at least for now. The best is yet to come for Bitcoin. :) I have 3 targets setup for Bitcoin in this bull season. They are...
A closer look at the short term setup in the 4-hour chart reveals that price appears to be trading within a falling wedge formation (bullish pattern). Expect a breakout above the formation with a target highlighted in red. P/S: If you were wondering where my previous ETH charts were. They were removed by TradingView for violating house rules. :) Remember my...