If it stays above 100ema I should stop out
I'm not sure it will play this out, but 1hr RSI is too weak now to go up anymore Volume is extremely high at the top So my imagination give me head and shoulder pattern I don't know about hardfork but i'm in short position The a,b,c points are at 0.382, 0.618, 0.618 retracements
Perfect bearish bat pattern formed (1hr candle) + 0.618 retracement (daily candle) XRP rallied really good up to 0.618 retracement (0.525) in daily candle chart from the previous high (062435). Now XRP is doing distribution in my opinion in 1hr candle chart and I'm expecting to go down from 0.618 (0.495) ~ 0.886 (0.5157) to all the way down to 0.3 area. Stop...
Possibly EOS is making a bull flag and I would like to short to 12.8usd. Then fly to the moon again. Very tight stop loss should be set.
Bullish Bat pattern detected to target 9970, which is about 40%. Stop loss should be around 3.5%.
In the 4 hour chart, it is sliding down along with the support while RSI has bullish divergence and MACD crossed at bottom. It has so much potential at this point, but I worry about Bitcoin drop. If bitcoin doesn't drop, LSK should bounce to the next resistance. Should stop if support breaks. Let's see.
Right now Bitcoin is be corrected in either of ABC or flag pattern. And I can see that's heading to wave 4 and we still have wave 5, heading to apex of rising wedge formed. Let's see.
ETC party has begun and I think it's heading to wave 4 now. I thought it would pull back to 27usd. But it might not and keep going up to 44usd, considering bullish bitcoin condition right now and Callisto airdrop. Let's see
I'm seeing this potential profits. Stop loss: 7739
I think there is 5th wave left for short term in 30min chart.
Trying to predict Bitcoins price based on EW counting and Fib numbers. Personally think Bitcoins correction is already done with zigzag and flat combination. So from now on, Bitcoin should regain bullish momentum, but I guess it should be slow at beginning.