I identify a closed triangle in ABCDE pattern from point three circled (point A level doesn't to be break).
It means we should finish the bearish time and start rising again (last wave 5 in circle).
Let see what happen.
PS: it's not a Financial Advice.
In this chart I see 2 possible scenarios and they both lead to the same direction
The first option: A standard ‘small’ correction which results in a regular 3-wave correction as the third overall wave.
The second option: We get a longer correction that will bring a strong pull-back to the green trend line and then we fall, which means we will have...
The long awaited move by ALGO has begun, breaking the long resistance in stoch RSI on the 6 and 12 hour charts. It's made the biggest move since Aug 14 and all other signs are positive too.
I believe it has completed its first small wave with it currently in a small downtrend. I am expecting it to rise to the peak RSI on the 6 hr chart in the short term.
I have been pondering over this long term view for some time, it is quite interesting actually. Given that the current possible correction we are in is given a chance to play out, we could soar to new heights in the coming years. A lot of factors have to line up correctly for this to be a reality, but I thought it to be an interesting possibility. Thought I would...
$APPS is up 56% since our original article.
Trade is working out like we said it would.
Thus, both investors/traders may want to continue to monitor the action closely moving forward and particularly, should APPS clear the $5 level at any time in the days/weeks ahead, such development would likely trigger/ignite its next meaningful advance with an initial $6.50...
Based on weekly and monthly chart, we can see an interesting point in the ABBVIE chart.
The weekly chart is showing a nice low currently forming. Lets see how we end this week.
And if we look at the long term trend, the low sits exactly on the long term trend line.
If we look at the monthly timeframe you can see also a nice candle forming. we still...
My plan for the upcoming alt cycle, starting with Icon ( ICX ). Well known for its solid fundamentals, high chances this project will be among the high gainers if/when the next altcoin cycle starts.
Currently, we're able to draw a high timeframe falling wedge, and after almost a 98% drawdown a relatively cheap project to pick up.
Aiming for an entry...
Yup, for those that weren't aware (and I haven't seen a lot of charts on it, if any at all), there is a special chart pattern/formation that can tell us everything we need to know about Bitcoin if it ends up being valid.
The formation in question here is the Rounding Bottom Chart Formation.
This is something that I have not seen ANY one post about!
likely we will see another leg down if BTC keep going up parabolic again. then accumilation stage, it will be shorter than most people expected.
best scenario 10x ZEC/BTC : 100x ZEC/USD
1 ZEC : 5000 USD / 1000 ZEC : 5million USD
Altough if for those this scenario could look like fantascientific, here on XVG USD we have one of the most discounted and undervalued crypto offers out of the radar of the mainstream media, which could probably wake up very soon from a long bearish momentum.
Fundamentals still looking great, community very active and loyal, recent github important commits like...
Good morning Asia! I hope you have a deserved rest over the weekend and are bright and alert for a fresh new week.
While I await a positive sign/change from ALGO/USDT, I would like to share with you my crypto of the day - LINK/USDT.
It is showing signs of the start of a new uptrend. Retracing from the low of the previous uptrend in April this year (where the...
Le graphique du Natgas en 1d est vraiment tres interressant et offre un potentiel d´entrer dans les deux voir trois mois arrivant..
Pourquoi, car comme précédement vue, le cycle pluriannuel arrive a grand pas et nous sommes sur une trés belle position de ventes depuis 4.2...
Donc pour moi il y a deux scenario possible soit d´ici 2020 nous allons toucher le plus...
Hi guys here few thoughts about NEO.
Its closing in a triangle formation, and it tested main black downtrend line that has holded for now.
Now we have upside objectives here as we touched support here, I think that we shoud break upside if BTC manage to hold 10k-11k, and we have plenty of space for nice profit aal the way to 20$
If we brake triangle downside you...