cryptonetti

cryptonetti

here is a compilation of ideas. the previous two breakout attempts point the same target. since we're at the edge of the triangle, the circular movement is expectable.

cryptonetti Updated 

too much stress is accumulated from right and left. RSI 14 also shows a convergence towards the midline. an example of similar case happened not too long ago and we saw a correction. this might be a similar case before we start moving above 10k but for now, I'm shorting btc.

cryptonetti

if this is the top for ltcusd for now, it will be a double top formation. else, it will be climbing further up. target is >$100. good luck ladies and gentlemen.

cryptonetti

IMHO, there are two rising wedges. I think the cross of purple and green is the more likely scenario. let's wait and see which one will play out. a risk-averse trader would sell at 490 whereas a risk-taker would wait until about 550 and sell if it starts falling down.

cryptonetti Updated 

TRY is going to swing sideways until we break up the ascending triangle and then we will stay in a rising wedge until 1 dollar hits 4.5 liras. good luck if you hold try.

cryptonetti Updated 

this is a compilation of ideas. my previous one was in logs and this one is in absolute value. so in a nutshell what it says is that we left two falling wedges and now are leaving a symmetric triangle. the stepwise increase I predict is a historic repetition of the May-June boom and this coin has that potential.

cryptonetti

I drew several different trendlines. Throughout its adoption cycle, the trendline got steeper and steeper. Honestly, besides 20% corrections, as long as no second mt gox happens (please bitfinex, don't f*uck us!), the bitcoin trend seems like to continue to have a steeper slope. Charts are just visual representations of the real world events and this chart...

cryptonetti

To start with, I'm a big monero supporter. This is a log analysis on monero price for 1 year and it is meant for the long term hodler. I expect to see at least a 2x return in terms of btc value.

cryptonetti Updated 

feather coin has been showing bullish signs ever since the segwit2x cancellation. it's swinging towards overbought territory. if it can keep up there for a while, the price can start reaching absurd levels. it's right now very profitable to mine and ASIC resistance being the new hot thing in the industry makes this undervalued coin a gem.

cryptonetti

there are two possible channels siacoin might move inside. I think scenario 1 is more likely but this is crypto, anything can happen. also before moving down to either of the two channels, the falling wedge will break up, so you'll have a good chance to sell.

cryptonetti

the neverending falling wedge might be finally over as it started to swing above the resistance. we might see an upward movement like the green channel.

cryptonetti

qtum is out of the triangle. we're back on track.

cryptonetti

although I really like this project, in the short run it looks like to be in a rising wedge.

cryptonetti

I think next leg up is near. when this triangle is over, we are off to go.

cryptonetti

There are two scenarios in front of UBQ in the coming few days. it will either bounce back to an upper channel to progress upwards or it will got stuck in a rising wedge with a doom for a collapse. at this moment, there is no point of either selling or buying it.

cryptonetti

IMHO this is the channel that OMG will be moving inside. hopefully next stop is the resistance line of this channel.

cryptonetti

I have no idea if there are any news on this coin but the chart says that it might break up to the sky soon.

cryptonetti

We have a rising wedge inside a rising wedge. I think the smaller one will break after 8k taking us down to 7500 and then we'll have a steady rise above 10k, potentially about to 12k and then have a major correction down to 8500. this will take us to CME derivatives, when I expect the support line to become even more steeper.