Fibonacci clock intersection today coinciding with upwardly moving MACD, overbought fibonacci volume RSI, increase in trend volatility (purple backdrop) with a large gap between the next intersecting lines suggests bullishness and big moves.
I beleive a breakout at the end of 2019 is likely due to the macro energy buildup behind ReddCoin, represented by the two sine lines and the horizontal fibonaccis. Disclaimers, not intended to be financial advise. I am not holding any ReddCoin at this time, but I am considering entering in the upcoming months if the chart starts to show signs of a bullish...
Since the beginning of March, Bitcoin has formed a descending triangle pattern, where each new wave down becomes smaller and takes longer. Lets have a closer look; FIRST WAVE: Lasted 30 Days ≈ 45% Lost SECOND WAVE: Lasted 50 Days ≈ 40% Lost THIRD WAVE: Still ongoing - foretasted length is 70 Days ≈ 30% Lost The forecasted length has been calculated with the...
Decided to look at the overall trendlines for the entirety of BTC on bitstamp on the weekly log chart and it is very very encouraging. Although it is in a giant rising wedge which will eventually break down (most likely once the bubble finally bursts) The good news is we could climb to almost 1 million per bitcoin by 2023 before that happens....of course it could...
If XRP / USD gets above $0.358 in the next 20 hours, I will be going all in. I did this same move on Dec 11, 2017 when XRP was at $0.237
Gann's LAw of Vibration chart for ZRXBTC the center of this cycle is nearly complete, with prices near its major swing lows and within the 90-99 day Gann Cycle, prices have a high probability of reversing at this level, retracing at least 150% of the current value higher - a violent move higher.
Gann's Law of Vibration chart for EOS - there is an intersection of time and price (red horizontal and vertical lines) that creates a square of price and time. This zone is a POWERFUL rejection against the trend in force, the probability of a reversal at this zone is not only high, but the behavior of the reversal should be a violent move higher.
Why did I make this chart? 1. I'm beyond tired of seeing "hope charts" that are basically the current chart with an arrow pointing up at the end with NO EXPLANATION. 2. Also tired of Twitter and YouTube shillers making money from people's hopes. 3. Lastly, I'm tired of people searching for something in the news to explain the price rise or decline. Here's some...
In this analysis I will go in the order of long-short term charting and try to explain in depth as simple and short as I can, feel free to comment below , Enjoy. So first off, what we have here is a WXY correction(Double three combination correction)e.g www.elliottwave.net And we currently have an ending diagonal triangle forming as of now e.g ...
Here you see we are coming out of a zone of consolidation after failing to stay above the 50% retracement of weekly levels, have a H&S pattern on the weekly as well, 4H, D, W MA'S crossover for bearish sentiment and acting as resistance on 4H as we approach this monthly support. I am looking for a retest of the blue zone for a clean entry with a great risk to...
So far it's kind matching reversal points in the daily, but since ive never used it, all of this seems kind arbitrary. Let's revisit this in a year just for fun. Never really used this, why not play with it a bit. Make your bets gentlemen: - Meme chart is a meme and fails on the next supposed reversal time period -Timebender chart is real, people can travel through time.
As forecasted in my most recent updates, Wave-f is ending around this time and we should be beginning wave-g now. This wave will likely end sometime during September, and will likely end around 6000-4800. The key to look for will be a completed wave-g internal structure (probably a diametric) between the two time targets (Sept 1st-22nd). This time target not only...
Strorj has been steadily declining since 3rd of may, and already lost 70% to the USD. Price has moved down from $1.33 to the $0.4 low. STORJ/USD almost reached the 127.2% Fibonacci support level at $0.38, but failed to couch it. In any case trend remains bearish as price still moves within the descending channel, and recently rejected the upper trendline,...
Last post: June 30th. See chart . Review: Price was heading up towards the previous all-time high. Update: Price has now started to challenge the all-time high resistance level. Conclusion: We need price to clearly break through the resistance level and stay above it, then we can start to look for long opportunities. Any comments or questions, do not...
My forecast is for peso to make a swing low in July... 7-12ish could be possible but will have to do more research to be more confident. Watch out for elections this Sunday coming up... it could go a little crazy Cheers Gann Analysis
Super-Long Term View of World Markets Back to the Source The Daddy Cycle The Faangs (+ Microsoft) make Nasdaq run. Nasdaq in turn makes the SandP run (but not the Dow which is internationally based). The SandP in turn makes FTSE and Dax and Nikkei run. Not always but usually so. So what is good for Goog and FB and Amzn and Aapl and Msft and Nflx is good for world...
One Way, two legged moves on Crude appear to have finished here @ $73