elliot wave based, sl below orange line.
will 2018 be the year of kmd ?? chart is pure speculation, not trading advise. based on elliot waves, market cycles and its dates, FA.
If parabola holds, next target is 8200+. if we break down parabola with volume (-5900) next target is 4800-5100.
This is a no log scale chart, adding log scale version soon. if this holds or break down the ride will be fun!
:D hopefully btc will reach new highs soon, hopefully.
check those fib levels, rsi oversold, possible fractal, buying here feels good for me. use stop loss guys!
Pointing simmilar daily candles, we never went below the price in the short time. showing btc channels + diamond patterns. btc cant allow a dump below 5, if that happens the btc parabola (green line) will be broken and btc will enter into a bear market + accumulation season (imho) suggesting 6200 as max top ATM, we will see if btc can smash 6200, if that happens...
trying to learn from the past, let see if this work! 6200 top. pd: there is one thing that worries me, this could be the end of elliot wave 5 and we could go into an accumulation period again, not like 2013 but could last half a year maybe? we are about to see. other thing i noticed is that in crypto markets elliot wave nº5 is larger than other ones (wave 3 tend...
My vision in case of bitcoin reach massive adoption, imo it will follow this channels in a parabolic rise until the top of the channel. Note: we are already in a parabolic movement since 500usd. Give me that half million taco!
Im watching at this atm, if it plays my 1st tp is at least 6k, if it breaks down, tp 1 is 5450.
ltc could soar here, or maybe not, who knows? looking good for me, going to update with ltc/usd charts.
ZEC is close to make a move. dont miss it. IMHO i think it will go upwards.
Rally will stop atm (hopefully, damn bulls!) and retrace near orange trend line, after that will go straight to 6k and retrace because psicological level coming back to near 5580usd. After that retracement it will go straight up non stop to 6400. correcting as usual when it reach the red top of the long-term channel. correction target: 5150-5300. Target after...