hi guys. yes, my predictions got wrong, when i thought 6k was the bottom for the up move. many commented me for my wrong decision. yes, i humbly accepted the wrong call. yes i stoplossed too, but i wasn't really depressed though. because this is really the price i was waiting for. it is okay. trading, if i get right all the time i am god. at the same time,...
As you can see, from the chart that the current trajectory of the 50 and 200 day SMA's are indicating that by mid December we will have us a Death Cross in the Broadest market measure...the S & P 500.
This could however happen sooner or later than 12/12/18. This is given that the SMA's stay on their current trajectory through 12/12/18.
A larger than expected...
The price is crossing the bullish MM70 over another bullish MM210 on a weekly chart.
The most likely scenario is a price pullback until an inverted shoulder-head-shoulder is formed and a bullish break in December.
This is correlated with the signals published in the previous posts.
Early prediction for Christmas!!! OH OH OH!
Is santa giving presents to good people that waited and didn't mess around with alts, pump and dumps, bitmex and ICOs for fast profits???? I guess only who has Bitcoin will know. Check down the technical analysis below HO HO!
Only after 17TH of december we will know oh oh!
In the logarithmic scale we are still inside...
This is my view of the BTC correction, right now it is stable hitting support first time, which should lead to a new serious bullmarket phase, which will not be long like the bearmarket phase. Yellow prices are ideas of me, the green line is my idea where it will go.
Wave "C" down is in progress. Possible bottoms are shown on chart. Most likely support is $11,159.63 which is the former low established last when this correction began. This chart has not been wrong since the correction started for those of you new to Elliott Wave study since first posted on 12.24.2017.
Can only use an MA 75. There is not enough data accumulated yet for a 200.
The RSI is currently showing overbought. ADA will probably continue to drop until it gets closer to the EMA 15, and the RSI no longer shows overbought.
Overall, Cardano is still in an uptrend. A good entry point might be on the touch of the EMA 15.
Bitcoin price position had gotten so far distanced from the MA 50 and 200 that a correction was due. This even correlated perfectly with the RSI. Bitcoin was very overbought, but has now been corrected. Both the intermediate MA 50, and the long-term MA 200, are still sloped up at this time. However, the short-term EMA 15 and the Volume are currently sloped...
Let's sum up the results of 2017.
Bitcoin surprises the whole world, people psychologically break down in front of the rapid growth and start nervously buying. Cryptocurrency is being introduced into our life, blocking is used by the largest companies, countries. Smart contracts lead into action. TECHNOLOGY!
Bubble, the machinations of the century, charlatanry,...
Looks like a pennant is forming for an overall downward trend until 2018. Maybe an announcement will take place? Expect to start the new year with a bang? I hope so!
Based on a number of highs and lows, I'm attempting to forecast the swings and general direction of the trend line. I'm thinking things will pick up in about 5-6 hours and start a bull run, achieving the bull run toward $800 USD. I think it will stall a little over $800 USD through tomorrow morning before eventually running back up to $850-$875 USD later tomorrow,...
With confidence, based on various parallel channel analysis based on current and past trend overlap, I see the price of ETH on December 31st falling between 410–660 USD. This leads to a numerical middle average of 535 USD, but convergence of the tend line and the top of the long channel suggests a strong case for the price at around 550 USD.
Trend predictions based on current market conditions as of November 29th. Using a logarithmic y-axis scale.
Strong growth channel #2 (light green parallel channel) indicates that the price of bitcoin will be in the range of 12,600–15,500 USD by December 10th–11th right around the time of adoption into bitcoin futures trading on the CME. The average price of that...
my analysis of XVG and where i believe it will be heading towards over the next 3-4 days.
Based on previous retracements, elliot wave theory projections and the wave count we should be seeing 81 satoshi's by 1st of December .
Expecting to see this "bottom out" or complete its ABC correction (@15min interval) around the 66-68 satoshi range. So at 67 satoshi...
