$9.5 long term target in $LINK Short term: We're patiently waiting on +$8 That level will be your golden opportunity for a move Moving below $1.97 would invalidate the short term count and give us a bearish warning. It also doesn't help that the chart I used (binance) differs from the current one (coinbase). Fucking scam wicks! And that's not the...
Position trade. Target is WAVE C > *A - B = C (100%) Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional reactions and not the wrong.
starting altseason 2020 #LTCBTC is getting interesting! Still a few sats to go and we have our new cycle low. However, we're still in that nasty downtrend. Moving <0.00525 BTC will trigger my alert. The question is: will it stop there? There are some hourly bull divergences. I won't catch this knife. Let's wait!!! A move above 0.006 BTC will be a bullish...
A lot has happened since my last update. Still the same idea in #TRXBTC. 167-179 is the support/accumulation zone with a tight stop. Breaking through 193 sats can be the confirmation we're looking for. Target? 282 sats! $TRX #TRON #CRYPTO
#ETHBTC is trying to move above the daily 8MA. So it's getting interesting! I hate it when I have to provide alternative counts (last study) but that's just a part of EW. Either way, we had a truncated 5 which concluded the BEAR Cycle or this is just a subwave from wave 4. Question is: Was this an ending diagonal? or truncated 5? The bullish divergence...
Bitcoin Price Lost and Found Has this market not provided a wild ride the past few weeks? We’ve been everywhere except to the moon – however, if you were short, then you’d probably dispute that statement. In fact, shorters have had a wonderful holiday season. BTC tumbled into the mid-$6K region, a place that many a traumatized crypto hodler hoped never to...
No one goes into the market thinking they should buy at the high and sell at the low. The problem is that in the moment, when faced with the ups and downs of the market, it’s hard to resist the urge to do those things. Trading is all about spotting emotional excesses either to the downside or the upside. You want to be on the right side of those emotional...
I don't like what I see on #ETHBTC. The increase since the start of Sep looks done and I can spot bearish divergence. Only a move above the invalidation line can save the bulls here. As a reminder, here's the bearish idea on #ETHBTC. However, I have to note that there is still a chance for the bulls. The zone between 0.0171 and 0.0179 will be important....
Hello Everyone, Currently, BTC is hanging just above the $7,100 marker as the Americans markets get advanced. Trading volume has been steadily decreasing across major trading pairs, including BTC/USD and ETH/BTC, signaling incoming decision time. After BTC makes a significant movement (regardless of whether the move was up/down), it typically needs to hold...
Is the China Narrative Running out of Steam? In our last update, we covered the rapidly developing China narrative as that country’s president, Xi Jinping, favorably spoke about blockchain. Since then, the market appears to have cooled . Jinping’s statements, which made clear that China is bullish on blockchain technology, didn’t mention any projects by...
In a recent report regarding, The China Electronic Information Industry Development (CCID) rated EOS at the 1rd spot among other 37 cryptocurrencies. The published a 13th update of their crypto rankings chart, and not much has changed. The three main attributes that were judged was the technology behind the project, applicability what it offers, and creativity...
Welcome to the session of intraday Crypto-Currencies. Bitcoin ($BTC) remains under pressure, and it remains vulnerable to weakness to the highlighted target area. $8773 represents resistance, but we're considering lowering it to $8361 (COINBASE) Against $8637, we'll continue to allow for lower in a still-unfolding wave (ii) . However, it is not uncommon for...
Still favoring that ETHEREUM has got lower to go we'll continue to use $186.60 (adjusted) as the key level. While this correction from $200 has dragged on, now is not the time to lose interest . The corrective nature of the price action suggests that $ETH is setting up for at least another five waves higher once this pullback ends. The reversal could be...
With key support at 0.2500 now breached, we've upgraded the expanded flat wave (ii) Alternate to preferred count status. This allows for a little more leeway in wave (ii), but it can't exceed $0.22000 to keep the bullish count intact. Key Levels: 0.22000, 0.31503 Note: Prices can vary between Bitcoin exchanges, and consequently there may be differences in our...
Looks like after @CZ activated MOON.exe just now activated BOSTER.exe Higher off a major bottom. The dip below 19.26 ruled out a low for wave (ii), and we'll now consider an expanded flat is underway to complete it. Wave (ii) is already within levels of support, but we don't yet have evidence that it's complete. A move closer towards the 50% retracement of...
Allowing the wave (2) low is in place at 0.05140. XLM has continued its decline. Wave ((2)) has a downside limit of 0.0620. A breach wouldn't necessarily rule out a bullish count, but we would have to rethink it. Key Levels: 0.05140, 0.05693, 0.0620, 0.0890 GOOD LUCK! We go together Together we are stronger Share and like I am not Bearish long term. I...