On the monthlys we can see CADUSD has painted a picturesque bear flag as it continues to lower. With the current pipe line purchase we are gearing for a larger fall overall around the Canadian dollar as we sell cheap oil to foreign interests and buy it back at a higher rate. The fall to 0.5 is only a rough estimate based off the current flag structure but we may...
the current volume that we are experiencing with bitcoin is concerning to say the least and we may be heading into a bull trap in an effort to trap a large amount of longs before correcting itself back down to a better base support, with the current walls that we have in place its unlikely to rise above 7150 and we look clear to fall back below 7k in a possible...
As we can see here from professor Patrick Star's in depth analysis of BTC on the hourly's we can see that BTC has formed a Massive M for mini, instead of the W for Wumbo Like we had all been hoping This is the potential start to the 6k BTC that we all have been hoping for as we journey to Rock Bottom
We can see on the hourlies that the descending triangle is nearing completion if we dont fall out of the trend line, If you look closer in between the waves it has finally completed a full thirteen buy count from its last 9 candle signaling we are nearing the end of the bear and hopefully step into the bullring, HODL just a little longer we are almost through,...
With the upcoming release of LitePay on the 26th we can wishfully assume/hope that LTC is finalizing its correction and is gearing to do another spike in price as the launch date climbs ever closer, Be careful with this coin however as we have seen in the past (with almost every crypto) whenever theres a price spike out of hype there is a fall and correction that...
XLM ( stellar ) is a project thats goal is to start cross border blockchain trades, and with one of the fastest transaction times currently available. With a partnership with IBM 0.11% and KlickEx announced back in October, we can see a huge spike in volume pre the climb as well as a massive spike in price. XLM as we can see now has been consolidating for a while...
BCC has been steadily declining since before the start of the new year, as we can see along the past couple months, BCC has fully completed full count downs numerous times signaling its gearing for a trend reversal, the possibilities of this coin are a potential climb to the next Fibonacci resistance fast within a few weeks gaining 35%+ , or the other option that...