testing using the gann fan on a high swing
already playing out well but it may break it
risky short right now, but if it goes it will be a good ride
RSI predictions worked out
lets see if a death cross pops up if we see a dump starting
Fool Me Twice, Shame on Me
Due to the fact that Bitcoin once again failed to break 8k, there is a solid chance that it will start a retracement.
IF BTC does in fact start this retracement, BCH may have a chance for a solid rebuttal!
Judging by the chart, BCH is attempting to cross the downward trendline that was formed from its previous high of $2800.
My...
ZCash BITFINEX:ZECUSD has been sub $300 since October, but it's time seems to have finally arrived. Laying out a Gann Fan from the last high wick which touched $439, we see the steady movement through the angles and are at the door of the 1/1 gann. We should see a steady rise(or super quick because it's crypto)from here. Awesome Oscillator (AO) seems to have...
XRP had a really solid news today with collaborations with American Express and Santander
Price shot up to near $0.3 and 0.0000393 BTC
Using the Gann Fan to identify new targets and entry levels possible with Ripple
A triangle is forming into december and we can watch what will happen and see if it breaks up and up towards possible new ATH
TBH i'm not a big...
Sometimes it help to take a step back. I'm not sure the long-term rising wedge concept would hold water since lower highs and higher lows are only implied at disparate points as opposed to throughout the wedge, but it's hard not to notice the shape from a wide angle view. I'm also not sure you can use the ideas of the cup and handle or round bottom concept based...
It's a bit sad for bag holders when a coin sinks all the way to the bottom, but happy for us because once it breaks, as we can see Sia has, it's time to jump back in. Volume is increasing and the Falling Wedge has broken upwards. Checking Gann Fan from summer all time high, POLONIEX:SCBTC has been very slowly snaking across the expanse from 1/1 to 2/1 and I see...
"IOTA is the first distributed ledger protocol that goes 'beyond blockchain' through its core invention 'Tangle'. The IOTA Tangle is a Directed Acyclic Graph which has no fees on transactions and no fixed limit on how many transactions can be confirmed per second in the network; instead, the throughput grows in conjunction with activity in the network; i.e., the...
My Analysis:
1) As per Elliot Wave Principle, Wave 2(Zig Zag Pattern{ABC}) of Stratis has already retraced to 78.6% of Wave 1. Wave C is 78.6% of Wave A.
2) As per Gann Fan Analysis, Stratis has reached the lowest support(8/1) of the First cycle. Expecting a solid jump.
3) I can also see Bullish Divergence in MACD indicator.
Conclusion: Expecting Wave 3 to...
It just keeps growing and growing. It's anyone's guess where the reflection price is, top or not there seems like there is room to grow since last breakout. Good news today from non-forkers, China and CNE adopting crypto, even got an article out from Reuters. New money coming in to bolster the market cap. 10k could actually happen before mid Nov. Still wary of the...
Still cheap with lots of room to retrace, BAT next stop is .00005503 where the 2 recent high gann fan angles meet up (3-1 recent, 4-1 last). That they have a browser (BRAVE) as well with ex-Mozilla CEO Brendan Eich on board, is a fine augur of things to come in the blockchain and internet market, especially when discussing advertisements, the backbone of BAT and...
I produced a wave model a week or so ago, but chose not to publish it. Although I jumped the gun by easily a week or so, I'm going to go ahead and publish unamended, as I think there's about to be a very solid entry point of 3573 approaching by Thursday at latest -- unless something changes drastically (unlikely, SYNX is basically on the floor) -- whereupon I...
