So far NEO is perfectly following the Elliot Wave pattern and could potentially form an H&S along the way. Chances are high as MACD and RSI also indicating a down trend.
Possibilities of Bitcoin to go while this SegWit event occcurs.
Read the full article at: bitcoin.org
Note: Trade at your own risk, this is an especulation
I have been holding ETC for quite some time now and never really made profit with it. It's mainly used as hedge for ETH and pumps occasionally on news of new exchanges adding it and dumps shortly after. The Emrald wallet doesn't seem to be releasing any time soon. I think it's because ETC has a small community of devs developing it. Since momentum is at its low...
ETH has formed a Bullish Gartley, and has had a stoch rsi crossover on the 1h.
I expect ETH to peak around point C (245) and then start correction wave ABC down to around 140.
LTCUSD is coming up to a critical moment in its recent trend, we're getting close to the angle where the most recent bounce happened that put us to the top of the channel (a descending wedge) for LTCUSD. I'm looking to see if support around 42-44 is strong enough to bring us back up to the top of the channel or if it will be shattered where I will be expecting...
Analyzing the daily bitcoin chart we can see that our price is trending pretty nicely. Although it is hard to give merit to trends in Crypto, we can make some educated forecasts here.
We can see that our stochastic at low threshold, which sets the stage for a potential uptrend, we can also see that previously we saw some large gains at the 0.5 Fibb retracement in...
Watching here closely, for LTC to break through resistance and out of a wedge. 42 low end range of last purchase worked out well, at this point I wouldn't recommend chasing the chikun as it were, but wait for confirmation of breakouts on the wedge. I like LTCUSD at 48 by the end of the day.
Good morning traders. Today is super important day in us market. We are on the edge, but we will have to watch carefully.
So until we get US sell signal, We will foolishly continue to Ride up, if possible.
Also we'll watch CRUDE OIL, if we see sell there, it will bring market DOWN.
The fear is still here, but us might rally up laters (after dax market...
Looks like the pair LTCUSD will touch $34 - previous resistance level or support level in the next 2-3 weeks.
For double confirmation of this level, observe how far shadows from June 26-27 went down. If price passes Fibs 0.236 there is a high chance that pair will consolidate at $34.00-34.50 and form the bottom. Also include Gann Fan and you will have strong...
Orange arrow shows a bounce of the fib we have just touched. I have bought a small amount here.
Second scenario is that we head further downwards to the next level, which also overlaps with the gann level - I will definitely be buying a decent amount if we head here, as there should be strong support!
