yeeyee2020

yeeyee2020

It appears that TRX is in the process of forming the "handle" after a "cup" that's been formed from over a decently long period of time. Given the apparent consistency with the normal characteristics of this charting pattern, I would recommend those who are looking to place long positions on TRX to wait until we hit the bottom of the handle formation, which I...

yeeyee2020 Updated 

Alright, so the Wraith protocol release was a huge disappointment, and the market reacted in a understandable way. However, given some indications it seems that the correction may not be over. If we break the top support of the flag (upper blue line), we may see some bullish movement (very doubtful of this at the current moment). If we break the bottom support of...

yeeyee2020 Updated 

Alright, so XRP has been on a bull trend for a while now, and I think we're primed for a pretty big correction. XRP appears to be pretty heavily overbought, and we'll see how this plays out. PLEASE NOTE: All my charts show purely the TA side. Please apply your fundamental knowledge of the crypto market(s), and XRP in general to use the chart to make informed...

yeeyee2020 Updated 

Alright, so on December 24th I predicted a crash in XVG, which was for the most part correct (despite some minor bulltraps): However, given some indicators and analysis of the order books, I think it's quite very possible that this is the end of the correction. We broke a massive supporting trendline , and on top of that we just had a confident 1/1...

yeeyee2020 Updated 

Looks like a pretty clear triangle has formed. If we break any of these two barriers with confidence in the market, we can see either a bullish or bearish trend in the future. We'll see what happens from here, but my recommendation is to sit tight while the market decides what it wants to do before we make any judgments.

yeeyee2020 Updated 

Alright, looks like Monero (XMR) has been overbought and a short position would be the most optimal here. We have crossed the support line which supported this current trend, and now the market is looking for the new support level. Given the current base support line, I think a very reasonable target price would be $230. Trade cautiously!

yeeyee2020

Alright, so DASH got overbought pretty hard in the recent past and we're seeing some of the inevitable correction that comes from that. However, given some indicators and the trends going on, I think that a reversal into a bullish market is very plausible here. Wait until we break the resistance trend line before we consider a bull market! Happy trading!

yeeyee2020 Updated 

Alright, so EDG had a massive pump in the recent past and we saw a correction in the market from this price spike. However, based on some indications I believe that the correction is (for the most part) over and that we'll see a massive upsurge once again. For those thinking about making a position, I suggest that you place a sizable buffer before you consider a...

yeeyee2020 Updated 

IOTA was Overbought twice in a short period of time. There will be heavy volatility in the near future, and market consolidation is to be expected. Given the current trends, I personally believe that shorting IOTA would be the best choice here. The price is nowhere near a 1/1 retracement, and is showing little signs of a reversal into a bullish trend in the...

yeeyee2020 Updated 

XVG has been heavily overbought in recent past. I believe if we break certain supporting trend lines, we could see a significant drop-off. I would wait until we see CLEAR indications of a trend reversal before we take any positions. Trade cautiously!

yeeyee2020 Updated 

Pretty simple and straightforward Gann Fan analysis. There is very visible resistance in the market. Wait until signs of trend reversal from the right shoulder, then short.

yeeyee2020

Not lookin' too good for ZCash here. Very clear bearish trends. Not even close to the 1/1 retracement angle to be considered at all bullish. ZCash was overbought heavily at numerous points in recent history, and ZEC is still fighting the inevitable correction. The uptrend wave on the right shoulder is a bulltrap, and that we're going to see ZCash heavily in the...

yeeyee2020

For novices out there, Pump and Dumps are NOT created to benefit you. It's a total scam, and you should never fall for this. The leaders of these P&D groups decide on which coin they are going to pump MONTHS in advance so they can buy the coin at a lucratively low price. Then, they "announce" what coin it is and when their thousands of followers go and buy those...

yeeyee2020

I took a look at BTC over the past couple days and I felt that there would continue to be a correction in the market (which is what happened today), and I've advocating shorting BTC: BCH took a huge hit the same time BTC did, but honestly that was to be expected. Besides the massive crash that took place, BCH and BTC appear to be competing coins with their...

yeeyee2020 Updated 

Looks like altcoins are about to take on some water in the near future. It's not only LTC, but multiple other coins I've taken a look at are showing signs of a sell-off in the VERY near future. Textbook Elliot Wave for LTC at the moment. If you are a bullish trader, I'd highly suggest that you wait for the trend to surpass the 2/1 resistance line WITH a proper...

yeeyee2020 Updated 

Fundamental Elliot Wave on BTC at the moment. - Wave 2 did not retrace more than 100% of Wave 1 - Wave 3 is not the shortest of the three waves - Wave 4 did not overlap Wave 1 I think shorting BTC would be a good choice here due to the fact that Elliot wave principle shows a downtrend, and additionally to the Gann Fan the trend failed to breakout of 2/1...