As of this writing , BTC is trading at 4234.20 , XRP at just .39622 ; and among these developments , the media has flipped - first displaying what could be taken for honesty , now piling on stories about Dr. "Doom's" predictions , especially that central bank electronic currency will obviate blockchain , BTC , and any other form of current crypto.
What happened to...
Hello guys! How are you all doing?
It seems BTC is finding some kind of support around the $4000 area, and a bounce is due to come, hopefully!
I think, the bounce will come tomorrow or on Friday, so be alert to look for buy set ups!.
The target I am looking for is around the $6500 area.
Thanks for your views guys!!
how is it going?
I am bringing you an update of Litecoin from a logaritmic view. I think we can see the whole picture much better. As the chart shows, I am looking to two scenarios for Ltc to have a reaction and complete the Big Corrective structure WXY.
This is the worst part of our job, the part that demands discipline, patience and attention....
How is trading going? Let´s have a look to EOS chart now!
Eos has been consolidating for more than 2 months now and it is getting ready to move, the question is where to?
Eos seems to be ending a triangle formation, We need to be very careful with this type of formations as they could break to either direction.
The 2 scenarios:
BREAKING TO THE...
I think Xrp might have finished the correction "wave 4" with the previous low @ $0.37, it could probably be getting ready to start pushing up very strongly again!!!
Take special attention to this numbers $0.56500 - $0.62500 over this weekend and beginning of the next, and if they are taken down very impulsively, I would enter the market with no...
I hope you are all well!
It seems Litcoin is getting ready to move up again after a pause to correct the previous impulse. The corrective structure I am working on is an "EXPANDED FLAT" which it would get invalidated if prices drops below $51.62.
If this corrective structure plays out we will see Ltc prices breaks the previous high.
How is the week going?
Bitcoin Cash from my point of view is about to keep moving is completing a corrective structure. This corrective structure could end in two different scenarios:
1st: Running flat as shown on the chart
2nd: Expanded falt also shown in th chart
Either one of those above if confirmed.......Bch price will keep moving...
I have been looking at Ethereum's chart more in depth and this is what i am seeing.
I think Ethereum is currently completing the "wave X" o of the correcticve structure WXY. Internally has another subdivision that I am not going to metion but you can see their labels. (Very complex to explain with words).
WHAT TO EXPECT NOW?
I am expecting Eth...
Ada does not want to give up and wants to keep pushing up and break the previous structure.
Ada at similar to other Cryptos is sitting on the corrective structure "Wave 4" of an impulse (my humble vision).
What can we expect now? well, my take is one more impulse to the upside which could take Ada to restest the previous high @ 0.00001387.
Ltc is still in its way to complete the impulse started over the weekend. I think Ltc is currently making the wave 4 before pushing higher to maybe retest the previous high @ around $65.
TRADE SET UPS:
Buy zone: $56 area
Profits: 1. $60/ 2. $62/ 3. $65. I would scale the profits as it could turn around at any of those levels.
Stop: dynamic stop...
How was your trading weekend? I hope you made some profit$$$.
Bch has been moving very impulsively the whole weekend, giving us nice some nice opportunities to make profits.
Where is BCH now? well, what I am seeing is that Bitcoin Cash is making a pause (wave4) to breath and keep pushing higher a little bit more to around the $650 area and...
This is what I think Stellar Lumens is currently doing.
From what I am seeing now, XLM is on very big corrective structure WXY, currently doing the X Wave, which could take us to a push up of around 70-100% gains in a few weeks.
This is a very long view and anything could change but that is my currently forecast.
I would update the charts as...
Nice trading weekend we are having with some volatility in some of the coins! I think the best is yet to come!
Pivx is going up very slow and correctively, which makes me think it is making a "Bear Flag" to give us on more leg down to finish the Corrective structure ABC. This leg down can take Pivx to retest the previous low @ 0.00011002 or push...
Looking at Waves it seem to be on a corrective structure ABC of Wave 4. Once this structure is finished Waves could go down @ around 0.00018101 area or even lower @ around 0.00014000 area between 60-100% lower than it is now.
After this completion We most probably see Waves making new all time highs.
I would update the charts as soon as the market...
As I posted in the previous chart, BCH was about to make a move and it did. BCH made and impulsive move to the upside with gains at around 10%.
WHAT CAN WE EXPECT NEXT?
I am expecting one more upside impulse once the small correction "flag" is finished. I am expecting BCH to get at around $498 or even pushing a little bit more to $530...
From what I think, Eos has finished the corrective structure ABC finding a base in the zone between $4-$6.7.Eos is going side ways pretty much 2,5 months with no volatility at all and with no trade opportunities.
If this ABC corrective structurte is completed..........once Eos brakes the area of $6.7, it will take just a few weeks or months to see...
Ltc seems to be finding support around the area of 0.00756550, which could lead us to a nice impulse to the upside to retest 0.00980699.
I am looking it closely in lower time frames and is looking good, but as you know.......in crypto we have to be ready for the unknown!
I will update the chart as soon as litecoin decides to move!
After months of correcting the big run up, Eth is finishing the WXY move and getting ready for the next trending market.
But BEFORE that, it COULD still drop a few more dollars to retest $167 again, or even lower to test the area around $150.
Once this impulse to the upside happens, I am expecting Eth to test the $250 area again or , if this...