quantguy

quantguy

Ripple faced resistance at major levels, pulling back from then swiftly returning to $1.12. We've been highlighting this as a significant sticking point for days now. We found support at $1.06, but can count on a nested Fibonacci level at $1.03 if needed. The next level of support is the psychological $1. As we've noted before, $0.95, $0.90, $0.85, and $0.79...

quantguy

IOTA has broken out, but retraced from new relative highs at $2.20, finding support from the central moving average of the KRI at $1.95, which we've highlighted here many times. It is currently looking to test relative highs again. Like other coins, IOTA's retracement was normal and healthy. In the longer term, we still have somewhat of a bull wedge pattern, so...

quantguy

Stellar Lumens has briefly pulled back from relative highs at the psychologically and technically significant $0.50 level. It found support at the central moving average of the KRI at $0.41. Both Kovach momentum indicators are bullish, indicating that XLM is just getting started, though we must break $0.50 which seems to be a significant sticking point for XLM. ...

quantguy

Bitcoin Cash retraced over the weekend along with the rest, but has rebounded from $1,450 to finally nail $1,500. Although the Elliott Wave seems to indicate a bear cycle, we must acknowledge this bull push in momentum as at least a corrective phase, but hopefully the beginning of a bull impulse wave. If momentum continues, we should be able to cross the vacuum...

quantguy

LTC has finally pulled back slightly after a breakout that saw that achieved jaw dropping gains of 45% in just about two days. It faced resistance at precisely $236, a nested Fibonacci level of which readers were aware for days. The band width of the KRI has expanded to reflect the breakout, and even with the pullback we are still testing the upper bound of this...

quantguy

Neo continues to pullback ever so slightly. It appears to be facing significant resistance at the central moving average of the KRI at $120. We do anticipate momentum ignite again confirming entry into the third segment of the impulse of the Elliott Wave. The Kovach OBV indicates that momentum is still bullish in the long term, and the Kovach Chande appears to...

quantguy

Ripple has continued to pullback slightly, unable to make another attempt for the nested Fibonacci Anchor at $1.12. We've been highlighting this as a significant sticking point for days now. We appear to be floating between this level of resistance and the nearest level of support at $1.03. The next level of support is the psychological $1 mark, which still...

quantguy

IOTA has retraced back to the psychologically and technically significant $2 mark as it has pulled back from relative highs at $2.17 or so. Like other coins, IOTA has had a respective burst of momentum so some retracement should be anticipated, and is normal. In the longer term, we still have somewhat of a bull wedge pattern, so some renewal of momentum can be...

quantguy

Bitcoin cash seems to have enjoyed another push to the upside taking it to $1,460 at the time of this writing. It is currently well above the central moving average of the KRI, though has rejected the $1,500 handle for now. We are still well above the psychologically significant $1,300 level, which was the upper bound of a ranging spell for several days. ...

quantguy

Stellar Lumens has briefly pulled back from relative highs of $0.47, currently facing resistance over the past few days at the central moving average of the KRI at $0.43. This appears to be a significant sticking point for XLM. If we retrace, we'll see support from $0.40, the upper bound of the range we saw several days ago, then from the lower bound at $0.35. ...

quantguy

IOTA has finally broken the $2 mark, where it currently sits at the time of this writing. This is a fairly substantial milestone for this coin as it has been facing troubles regaining footing in this handle for some time. Although we've seen a bit of a breakout, volatility does appear to be consolidating into a bull wedge pattern in the longer term, so we can...

quantguy

Ripple has managed to breakout from a massive bull wedge pattern, finally facing resistance at $1.12, the nested Fibonacci anchor. We identified this level in particular in yesterday's newsletter. If needed, it has quite a bit of support at the psychologically and technically significant $1 mark, which coincides with the central moving average of the KRI and a...

quantguy

Neo has pulled back slightly from a Fibonacci Fan level which corresponds with the central moving average of the KRI at $120. We do anticipate momentum ignite again confirming entry into the third segment of the impulse of the Elliott Wave. The Kovach OBV indicates that momentum is still bullish in the long term, and the Kovach Chande continues to recede. This...

quantguy

LTC is still enjoying news regarding LitePay, having smashed the $200 level which was important technically and psychologically. The band width of the KRI has expanded notably to reflect this, and we are well above the upper bound of this indicator. At this point, we definitely seem to have entered wave 3 of the next impulse wave, one of the first coins to...

quantguy

Stellar Lumens, along with Litecoin, has broken out of its consolidation phase. It is currently facing resistance at the central moving average of the KRI at $0.43, which is a level we have called out here to the penny. If we retrace, we'll see support from $0.40, the upper bound of the range, then $0.35, the lower bound of the range. If we can best the $0.43...

quantguy

Bitcoin cash continues its range after the breakout on the 8th of this month. It still faces resistance from the upper bound of this range, which corresponds with the central moving average of the KRI and the psychologically significant $1,300 level. Unfortunately, BCH still appears to be in a solid bear cycle via our Elliott Wave rendition but we should...

quantguy

IOTA continues to disappoint, still struggling with the central moving average of the KRI at $1.96. It currently sits at $1.88, however, which is forming the upper bound of a bull wedge pattern. Volatility in this coin has consolidated substantially, as evidenced by the width of the upper and lower bound of the KRI, suggesting that we might expect a breakout...

quantguy

Ripple has managed to gain footing back above $1 handle in a tug of war about this level. It is currently facing resistance from a nested Fibonacci level at $1.03. It does appear to have quite a bit of support from the central moving average of the KRI and a congestion zone, at the psychologically and technically significant $1 mark. It has established this...