I realized on my last analysis that we can't have an ending diagonal at my last forecast. Rather a continuation of the tested WXY-WXYXZ combo correction. Along with the 50 and 200ma DEATH CROSS.
Trend is our friend. Simply break that resistance line then this bear scenario is invalidated.
Breaking two neck lines and finally dealing with the support of 0.618 Fibonacci + candle stick patterns = long position Trigge
In this analysis, time levels are particularly relevant.....The horizontal lines represent the fibo-time-zones
Hello Friends, Traders, everyone,
In our last analysis, 1025 was identified as a probably buy zone with a target of 1300 Satoshi. That is still a good trade plan, but as you can see above, I have added some more hopeful targets. I don't have a plan for shorting ADA, simply I will be long or not in a trade at all. There just isn't really anything to give me a...
Our last EOS analysis was just a bit of playing around with Fib Times, and an update on EOS was requested so I figured I would sit down and do a real analysis on it.
As you can see, EOS is trying to establish itself with some ascending support, and a strong reaction from there in Nov/Dec 2018 resulted into an uptrend that carried us all the way to...
Good morning Friends, Traders, Everyone...
I hope everyone has enjoyed the price action as of late! I sure have! Many coins are seeing drastic moves in what many are calling the new bull market?!?
I don't know about all that, but let's look at one of the coins everybody knows has been prone to some 'high profile' attention.......TRX!
In our last analysis,we...
Hello Friends, Traders, Everyone!
For those of you who have taken a peek at my analysis on XAUUSD, you know how fond I am of this new (experimental) method of TA which uses a combination of Fib tools.
I thought, that this action on bitcoin would be a perfect place to see what kind of insight it can give us into crypto.
I was shocked at what I discovered
1.618 is our golden number here
With the high in December 2017 Bitcoin had just ended it's largest Elliott fractal (big blue wave) which had taken about 7 years plus to form.
There is evidence that Bitcoin currently sits in a major correction that is not only correcting the 2017 bull market but the entire 7 years bull market which could possibly extend the bear...
Some thoughts on how BTC/USD will move for the next 12hrs. It seems that a ABCD pattern is forming. So far every single Fibonacci timezone played nicely so the trend should continue until fib 21 and from there either up to $6000-$6100 or another small correction (E?) which normally follows after ABCD pattern.
is it? i mean that's it? of course it looks like a bull flag but shouldn't we at least touch the historical support after this deep bear hole? so breaking out of a wedge did the trick? honestly, i don't know. this looks too easy and too good to be true.
i think the big difference is we are way overbought this time. :)
but who knows? maybe the Santa is real!
After the ETF denial there has been continued FUD, fear selling, and about 30~ billion has retreated from the market overall.
Currently, the price broke it's 8k, and 7.5k support, and it's next level of support lies at the 7k-7.2k level.
Stochastic RSI - This is the lowest level the stoch RSI has seen since 5/28~ which means we are very heavily oversold at...
Fibo time zones are showing possibility for a new uptrend. Is possibility to have new uptrend channel with movement to some targets around fibo retracements which first is 6800. I think, uptrend will be in next 2 months, and final targets can be 7400 and 7800 based on fibo retracement and main resistance trend line.