Just about to hit my Gann fan trendline, is it going to ride it or pop it??
GOOD MOVES BY COINBASE:LTCUSD ANY UPWARDS BREAK MIGHT PUSH HIGHER HIGHS, DOWNSIDE DOESN'T LOOK BRIGHT DON'T JUMP IN & GET CHOPPED - PATIENCE IS THE KEY
When use Fibonacci, Gann and Pivot points, can find average areas which can be important and been already. Left side Gann Fan and Fibo Fann, show that 0.5&2/1 very important for new Bullish trend, and can wait break 0.75, 0.618 or consolidation around this lines with potential move to new high in weekly trend term. left down - correlations between ETH&BTC . Look...
This analysis is a "Fib.-trifecta" combining a retracement, fan and spirals. I actually had to calculate the next Fib. level by hand. I don't think trading is usually this extreme, but hey, this is crypto! If we break current support, the next support level should be aound 7,200 with a likely range of 6850 - 7,540 per the Bitfinex pricing. If this happens, I...
This is just an update about TRXBTC and my view about it. Here we've got a major growth channel (yellow lines) and a minor decay channel (white lines) - the thing is: we are inside both. I've applied fan lines where its channel lines origin (zoom out and you can see it) to see the speedlines. That's how it goes: if the 1/2 uptrend fan speedline have been broken,...
** If you haven't seen my last TA of VENBTC, please do ** My target of VENBTC was 64480 satoshis and guess what? It was hit! And now what's next for this promising coin? I'm liking these fans analysis, it seems to predict alright. On top of that, we are in a pretty nice Elliot Impulse Wave and if you look closely, the end of wave 3 was almost on top of 1/2 fan...
Prediction based on previous chart pattern and fibonacci fan.
Given recent indications and the given trends, I expect ETH to correct to anywhere as low as 860 ONLY if we break 1045. If we don't break 1045, we could quite possibly moon again, however this is incredibly unlikely due to how overbought the market is at the moment. Trade cautiously!
Forecasting the NIFTY according to timing cycles. Publish date: Jan 4th 2018 - Forecasts have accuracy of +/- 1 day. DEC 5 LOW DEC 11/12 HIGH DEC 18 LOW DEC 26 HIGH DEC 30 LOW JAN 6-8 HIGH JAN 12 LOW JAN 22 HIGH JAN 27 LOW FEB 2 HIGH FEB 3 LOW FEB 8 HIGH FEB 14/16 LOW FEB 20 HIGH FEB 27 LOW Be careful around weekend forecasts, turns can come before/after...
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...
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!
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...
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...
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!
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.
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...
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...
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...