Looks like we're almost at the apex.. I'm pretty terrible with this color-coating stuff.
Similar as the linked related chart, but with an adjusted E wave projection. It looks like this aligns with the Dec 17 CME futures launch.
Short term target in between $.02 and $.025 based on both the H&S estimation (height of head) and the prior resistance lines. Every single pattern I see is bullish, wow. Pattern 1: Cup and handle (in black) Pattern 2: Head and shoulders (in red). We don't have the full right shoulder yet. Pattern 3: Potentially finishing an ABCDE triangle correction. This is a...
BTG might have it's day in the sun in the coming weeks. I will be looking for an entrance when I see wave E break downward.
Looks like a bullish triangle. Time frame seems to be coinciding with the launching of futures trading. Given that BTC looks very toppy (hit almost 20k on Coinbase earlier today), I'm wondering if BCH might see bullish action in the event of a BTC correction.
Lines are self-evident. Both the log and non-log 4H chart looks like a bullish ascending right triangle. The shape really becomes discernible on the log chart. Combined with what looks like a recent ABCDE Elliot Wave correction triangle pattern forming, expecting a bullish rally into the next month or two.
We just saw a bullish rally to ~$1.60 and are now retracing. The question is where will we find buoyancy. Using past support lines, a broadening pattern discernment, and Elliot Waves to hit ~$1.85 in the short-term.
Not much to say here, just attempting to predict the price.
BTS has had an exceptional bullish rally to about $0.15. However, all good things must come to an end..temporarily. Looking at support and resistance lines, we may see a buying opportunity after testing the $0.20 resistance. We might see a retracement to the $0.10-0.13 support levels marked on the chart. I expect something similar to happen to BTSUSD as has...
Given that the Segwit2x hard fork has been canceled (for now), there is some price action among alts. We will need sustained bullish action on the daily chart for it to be meaningful. The lines that I drew are just where the apex may be if we continue on the same trend. It will be interesting to see what happens during this December timeframe.