javrick

javrick

Riding this pump on SKL from launch on Coinbose today. Target is $1.42-$1.43 just near the 2.618 fib.

javrick Updated 

Looking at pitchfork on XTZ, price is trending downward and nearing pitchfork support. RSI is sub-35 and indicates bullish divergence which should confirm a reversal.

javrick

It's late and I've had a couple of drinks, pondering on what lies ahead of us. Partly seeing red, partly seeing green. Envisioning the worst and best scenarios - fear and hope. Decided to think through a couple of possible futures for BTC and the whistle pigs have led me to post an idea. Seeing Red With the current pullback, BTC is headed downward toward lower...

javrick

Here is my EW analysis on where COINBASE:BTCUSD is headed for the next couple of weeks. We're still in the final correction wave 5 which is likely to continue for the next 4-5 days. Look for a potential entry point between 8450-8650. If Wave five breaks through channel support at 8400, look for the next entry target around 7850-8000. Once trend reversal...

javrick

Don't get caught losing the forest through the trees. Back out to > 4h and you'll notice we're still in a descending channel. Target supports of $0.89 at .718 fib and if it pushes below that, next level support around $0.69.