Without comment, see the chart. Sometimes TA is easy ... just a trendline.
Ada/BTC is on the edge. if it breaks 0.00000418 Short position will be triggered and Target Short is 0.00000336. if it doesn't break 0.00000418 Long position will be opened and Target Long is 0.00000553. take your side. if like this follow me.
The count is sill valid so looking for the reverse here. Pretty close to invalidating the count here but we will see. Marc
In big picture, it is very clear that BTC will fail in short period time. BTC will be mortified for a long period time. So sell and wait.
Top side levels plus a big hole to the downside.
We are at a critical point....and if BTC.D at 70% doesn't sound alarm bells that something important is happening then you are just not paying attention! Whats happening? During the ICO boom BTC began to lose market share to billions of dollars of ERC-20 token along with the birth of ETH and XRP. BTC had to share the attention of the evolution of smart...
LTC is telling us that the BTC rally cannot be trusted. LTC looks to retest the July 15 low in the coming week.
In managed markets TA doesn't work as well. With that being said, I'm going to detail my tentative strategy for the upcoming year. But first let me outline the reasons behind my bullish thesis. 1) All banks are racing to zero or negative rates. - At zero banks are just printing money and handing it out. With yields dropping, banks/funds will borrow money and buy...
Another possibility is a Leading diag A of ZigZag, maybe unlikely but just in case, going off of right look, triple ZZ are rare AF, measures and channels dece, that said 3 may could be other ZZ fam, inval at 7k, 5 cant be > than 3. Or its not a LD