To begin with, I have to note that I'm still seeing some bullish calls on bitcoin, difference of opinion but, how many indicators do those deeply tunnel-visioned folks need to realized the current state of bitcoin and the crypto market in general? I know most of you folks do not like the kind of approach that the graph is showing, but have to be realistic,...
Well, after couple of busy weeks, I'm happy that I'm back! Seems as if seasonality is kicking in, and my previous bearish btc prediction may kick in even earlier than what I initially anticipated (in autumn, not the summer, but here we go!). Both of the charts are in great detail, so there isn't much to say. It's a very basic yet effective approach (do not like...
This will be my last post before a busy weekend, including the beginning of week. NANO/BTC short term messing around, which is quite a positive sign of stability and resetting of indicators. As you can see from the chart. It did not, and usually it does not, directly shoot up to wave 3, until it stabilizes solidly on wave 2, while all the shorters and weak...
Hi folks, NANO/BTC again! Correction time today, but not for long! This is a very different post from last time, but of course in a positive way. Soo, let me begin. -Few reasons to believe, that NANO/BTC is entering a 5 wave Elliott wave formation(currently on wave 2, best opportunity to enter!): 1. The whole crypto market was in a correction for the past 4...
After studying, looking and analyzing through over several hours. This is the most detailed chart I can give you(I know this is a re-post from before, just as an update, I promise). It can breakout at anytime! This could be triggered by news, people realizing it's really oversold, or if there is a major uptrend in bitcoin. So far I've lost about 6% today,...
Neo this time around! It definitely doesn't look good! There's less and less enthusiasm for neo, in the last couple of months. I think this could be mainly due to the recent rise of eos/tron etc etc. However not all hope is lost for neo! NEO/usdt and gas/usdt, as such are a great concept and invention in cryptos, that almost no other crypto currency has....
Hello folks, I know most of you wouldn't want to see a chart like this, especially if you are heavily invested into bitcoin. But, at some point you'd have to come to terms, that bitcoin, as a speculation may not be as profitable as it seems. * So, how have I come up with this analysis. -Since it is over a long time frame, figuratively speaking, anything can...
news.bitcoin.com This is particularly good thing for the Nano/btc price, however a very sad thing for all of the people who got scammed by BitGrail. Usually in such procedures as the article mentions, it can take in between 6 months(the least) up to 3-5 years to resolve such issue with so many parties involved on an international scale(similar to Mt.Gox btc). On...
As mentioned in the title, just a simple analysis of known facts. It's EXTREMELY oversold(on whichever parameter you're looking at), mostly due to the fact that bitcoin has not been doing well. Do not miss the opportunity of acquiring some long term investment, as NANO/btc has a huge potential, albeit bad marketing. The targets shown on the chart, are a rough...
Disclaimer: //These are my rough estimates for bitcoin// After this last final correction, I think we will see a surge in price and breaking above the current triangle, and eventually the hard resistance at 12000. Of course, it is way to early to tell if it will bounce and especially hard to tell, how much it will bounce after the correction is over....
I'd say, bitcoin/other alts, are technically on extreme sale right now, which is about to end the beginning of June! (That is if bitcoin sustains a level above 7000) MACD on 4 hr has been winding on and on since the first time Bitcoin hit 6000. At any time it could become pressurized enough to make a move either way. Why does it have to hold above...
Final update: May 17th, we should see a major move in the next 2-3 days! The two possible "handle" trend lines, the blue and the orange line. Here are my predictions ranked based on their probabilities! Scenario 1:Personally I think that it did over-extend on C(based on overselling on 4hrs on the RSI) due to people realizing that the 5 wave run was over, which...