BTC is about to dump on its bearflag for the next day or so (down to 10,300) -- and that should coincide nicely with this Cup & Handle setup on EOS.
Targeting the 1.618 extension on the cup bottom fibs. Should peak about 0.00165, then fall back to retest the previous high.
After BTC hits its low target, should begin a rally to 13,600 -- so this is a great way to catch two rockets in a row. Sell EOS > BTC at the top here and ride again ;)
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Ratio holding while BTCUSD dumps, so this C&H rally might wait to take off until BTCUSD starts rising
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Yeah, this went nowhere :P was watching the handle rocket begin and then got stomped repeatedly with huge sellwalls. Yet another reason why I don't trade small alts, TA gets thrown out the window when the whales start throwing their weight around, easier in such small pools.
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For those of you who wonder why I don't chart alt-coins, *this* is why :P
TA goes out the window frequently with anything but BTC (and maybe ETH now)
Come on! Just because one alt didn’t work doesn’t mean they all fail. I have predicted alts with high rate of success and you are obviously better.
TheChasm
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Cup and handle shape isn't strong if it's length is less than a month
GusHendo
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Certain TA works very well for most major alts. I think they increasingly need to be charted against USD though. EOSUSD is not out the window yet...
xdwingdx
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Will you please add a BCH/BTC analysis to your mid/long term projections?
after reading every article at : bitcoinandtheblockchain.blogspot.com over the last 3 months, I have been converting my BTC holdings into BCH. selling the spikes like coinbase day last month. Since BTC and BCH are often inverted due to the fear of dragon slayer and the flippening or cashening as some people like to call it, there are often fear based spikes to sell into and buy back at the averages. also be happy to tip BCH if added to your review.
Puddles
)'(
SorinBlajan
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when moon, sir? :)
webjobs654
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Nop :)
cloudssee
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News for EOS today looks Great!!
Ecua_Trader
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Enjoying the market? I had one of those too. lol This is nothing like a nice stock market price. Love it. really like your colorful charts.
I share my flip-flops so you can laugh too. haha
L33tspeak
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The volume at the bottom increased, and it wasn't a smooth bottom. So that alone isn't a very strong signal
mtmtmt1982
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Still feeling positive about EOSBTC? EOS seems to be taking its time while BTC has already hit its target. Many thanks.