usgol_crypto

usgol_crypto

A lot of things point to an upwards breakout. we have a flag with hidden bullish divergence Teather drop hard couple of days ago Soon apex for wedge (or continuation triangle, depending how you draw it) Futures close today BTC, time to show your hands ;)

usgol_crypto

Whether you like tether or not it is very obvious that it’s value against USD overlayed BTC charts gives a correlation, which is: whenever tether is dropping hard a new BTC rally starts. One of the reasons may be that tether is poorly maintained and can not sustain it’s pegged value as expected. Nevertheless, it can give us hints about what will happen.

usgol_crypto Updated 

Swings before October rally starts

usgol_crypto

Now, since the tether case where finex (and other USDT based exchanges) shot up in the sky, an interesting difference has also now occured. Forming bull flags are different patterns as well... My assumption is that the surge on other exchanges was caused by finex/tether but the rally was heavily rejected by major downtrend line. Finex has broken it’s downtrend...

usgol_crypto Updated 

Since we touched the local bottom at ~$6K, we have had a bull run, forming fractals of H&S. It seems that we are getting closer to a big decision point. EW counts nicely for the current bull run from $6K towards ~$11.8K. At the same time, we are formin a larger H&S. CBOE contract closing on 23nd could also have some say in this. I believe we will get a bounce...

usgol_crypto Updated 

Revised.

usgol_crypto Updated 

BTC did not take the new high to 14K as anticipated earlier. It went down and poked the lower end of triangle. Path 1 (green): 5+3+5 EW, bouncing top and bottom of triangle before we break out and move towards new highs. Path 2 (purple): 5 (already happened)+3+5 EW, moving to new lows around $7K before racing towards new highs. Believe that CBOE Long position...

usgol_crypto

POE broke out.

usgol_crypto

End of triangle pattern.

usgol_crypto Updated 

ADA is working the triangle. We will probably go down and retest the 5000, to head back to 5500. If triangle can be breached, we are looking to hit .00009 - .0001 range. Buy zone around 5000, profit between .00009 - .0001

usgol_crypto Updated 

Has changed it a bit, believe the next leg up is not due before BTC recovers, and the vanished capital returns to the market. A leg up before rebranding and another leg up after rebranding (correction in between).

usgol_crypto Updated 

Impact from both BTCUSD and ETHBTC taken into concideration.

usgol_crypto

Lisk may take a leg up prior rebrand and then do sideways. If rebranding event goes well, we are heading to new highs in March.

usgol_crypto Updated 

ETHUSD has been following BTCUSD for a while, but this trend changed a bit since ETHBTC is keep retesting it's triangle and took a 10% increase across the past 4 days. If wedge is broken, we are going to retest $1200 and $1400 before $1800 is reached.

usgol_crypto Updated 

Cup & handle could happen here before we test trendline again and break it towards new ATH.

usgol_crypto

Slightly changed trend and waves. Target is 17K.

usgol_crypto Updated 

Currently, ETH USD follows BTC very much at the moment. I believe ETH will break out after BTC CME trade contracts closes on January 26th. ETH will then rally towards $1700 - new ATH. Buy zone near $750

usgol_crypto Updated 

3 H&S fractals on the 1H chart, we are near buy zone before CME closes and the uncertainty is clear. Heading towards $14K for retest, and if penetrated then new ATH.