Well, in a rare instance of predictability, Bitcoin has plotted the expected course precisely (see related post). I am expecting us to still cross our 200MA (current resistance) on the 4hr and hit our heads on that ever looming $12,600 QUAD resistance overhead. Whether we make it over that or not is still TBD. At the very least, traders would be advised to take...
Here's my analysis on this little sleeper: Looking at the charts I see a beautiful cup and handle has formed and is nearing completion. The handle, which is also a descending triangle with a near perfect ABCDE correction touch, is almost near the final bottom touch (E). This is also the correction phase 2 of Elliot's 1-2-3-4-5 waves. Combining Fib retracement...
2018 is off to an interesting start. Trump has been in office for more than a year, 2/5 saw the most bearish performance in the history of the S&P in one day, and Janet Yellen's term as Chair-person of the Federal Reserve has come to an end. The philosophical economic theory portrays recession wave cycles to happen every 7-8 years, but there has not been a notable...
The question we keep coming across is "What are Bitcoin's predictions for this year? How high or low will it go?" Here's some long term targets for BTC which we might hit this year based on the 1 & 1.61 Fibonacci Extension levels: Target 1: $24771 Target 2: $36334
Here are my personal thoughts. I have only been watching the market for 9 months
$12600 support has held and our new cycle has begun! Yay! Take a look at the chart. With the extended consolidation, it became necessary for me to update my targets. This extended consolidation allows me to also extend my target(s). Notice I have two now. So, what is going on here is that it seems we are in a wedge. Elliott Wave dictates an ABCDE touch and then...
I love the way VERGE is playing out. If the base of our triangle fails to hold at the 50MA we could retrace back to $0.07 (or .236 Fib). Right now we are in the buy zone. I'd set up the bulk of your buy orders here, between .07 and .11. Then, have a few above and below (just in case). Our longer term target will be around .76 cents! 800-900%+ profits. I'll...
Simple cup and handle pattern here. I think we could see a target of $7.25 reached within the next several weeks.
Ok. Let me explain what is going on in this noisy chart folks. I am sorry for all of the lines. The lines that I would like to explain are: 1) The two up-trending blue supports near our 50 day MA. These should stop us tonight. If we break through the first, we still have another. They are both very good support. Break 'em and we're going down to 11k. However,...
STEEM looks to be ready to show up tonight! My target is $11.75 at which point I will unload at least 25% of my stock. Notes are in the chart.
We're currently in a bear market so all coin prices are taking a hit. Including EOS the "Ethereum Killer". But this is good! Buy dips, hold, profit, sell, repeat. Happy hunting my friends!
+ lower blue is macro support line. + upper blue is macro resist line. + lower pink is micro support line. + upper pink is micro resist line. Current situation: The pink, open (diverging) wedge creates boundaries for the price fluctuations. Looks like if price is less than 0.94 cents we will enter a bearish market. If price is higher than $1.12 we will enter a...
Its being predictable ,it may be can go even more but all depends on what kind of news going to come out. so just your eyes on it very closely !!! 1st taget = 100% 2nd target= 150% 3rd target= 200% ( only if awesome news comes out) EMC2
Hi everyone! wanted to say thank you to my Crypto Family on telegram. You guys have offered such great support for me during the past couple weeks and I hope you all have made $$$ Following my trades. It has been great connecting with everyone and proud of the community we have built. Looking forward to more discord conference calls and making more $$$. Today was...
In the previous post about EurUSd -0.23% , we were expecting EurUsd -0.23% to make a mid-term high in October and tread lower from there onwards to a short-term low in the first week of November, thats already in place and we are now expecting Euro -0.23% to keep trading lower against the Greenback till Feb 2018.The intermediate low has been marked on the chart @...
Aventus is a digital currency to facilitate the payment of tickets for events, something very common for us, but still obsolete. As you know, there is ticket traffic, lots of banditry behind and lots of money involved. AVT is a relatively new currency, and was listed on BitFinex on 10/10. Its value ranged from under $ 4 to up to $ 6, this already shows a...
Might be a green christmas for this one. buy it while its cheap - looks like Santa is coming to town!!