AmazinRaisin

AmazinRaisin 20 views ・

Bitcoin is starting to get extreme pessimism from the general public which is usually a sign its nearing the bottom. It's also in a falling wedge. There still could be a chance bitcoin could drop again. If it does some good areas of interest are the areas of support shown above. The 200 weekly moving average has held every time so far. If it does hit the 200...

AmazinRaisin 79 views ・

Some indications of Bitcoin correction coming to an end are showing. The RSI will be showing a double bullish divergence if price drops lower than local lows. The .618 FIb is at around $7200 which should have buyers buy in at. I think were in the C wave of 5th wave forming right now. In the 5th wave I think we're likely in either wave 3 or 4 with a possible sweep...

AmazinRaisin 120 views ・

The Alt coin Market has finally shown some signs of life since the end of June. Wave 2 should be complete imo. I see multiple indications hinting for another move up. It bounced off the 200 weekly moving average. In higher time frames the RSI should hold above 40 in bull market which it proved to do so. I did a FIB extension to see an approximation of where wave 3...

AmazinRaisin 98 views ・

A great long term buy opportunity is coming up. I think Ethereum is in a wave 2 WXY correction right now with the Y wave soon to be complete. As you should know wave 3 is usually the strongest impulse up in the 5 wave structure. Price will likely hit at least $500 I think. If you look on the Daily RSI, bullish divergence is starting to show up. Ethereum is at the...

AmazinRaisin 28 views ・

The total market cap is starting to show early signs of the end of the consolidation. It hit the 21 weekly moving average and bounced. In a bull market the 21 ma needs to be tested and bounce to keep continuing to the upside. The weekly RSI is showing hidden bullish divergence. The .5 FIb has also held up well. The total market cap is near 2 months of...

AmazinRaisin 269 views ・

Eth/btc pairing has getting hammered and has lost almost 90% of value since ATH. Looking at higher time frames I caught that the RSI is nearing 40. In bull markets usually 40 should be the bottom. I think there will be a bounce sometime this month. Also, keep in mind RSI may go lower than 40 this month but the close just needs to stay above a 40 RSI. There has...

AmazinRaisin 152 views ・

If this is a true impulse we know that wave 4 cannot go into wave 1 by more than a wick. Wave 4 is getting close to Wave 1 territory right now which would mean there's a good risk/reward trade. Looking at a FIB extension wave 3 hit the 1.618 extension meaning that the 5th wave should hit about the 2.618 extension area which the price will be $14448. The C wave in...

AmazinRaisin 112 views ・

The daily RSI shows bullish divergence. That could have been the first impulse up. If this is a ABC correction instead of an impulse up, then there still should be another push up for the C wave. You can see the price already dropped 48% during the correction. The catalyst of the halving Aug 5th should push up the price as well. Entry: Around here about $91 SL:...

AmazinRaisin 147 views ・

Too many people are thinking its going to go down right now. I think at the very least BTC will have 1 more push up. The daily ichimoku cloud has proved to act as strong resistance and support over the past few years. So I don't see why the could wouldn't push the price back up. Also, looking at the crypto fear/greed index is in the teens. When people are fearful...

AmazinRaisin 104 views ・

The abc looks to be finished with the first minor impulse up. Regardless of being bearish or bullish, there should be a high probability of another 5 waves up. The big question will be after that, is there a 5th wave or is it an abc up. I think price should hit around 12k before going down. This is the bearish view which will still go up before going down. This...

AmazinRaisin 60 views ・

Alts bounced off the weekly 21 SMA confirming it as support and bounced off a big support area prior to the capitulation. On the previous run up you can see when the 21 SMA was hit the RSI was 50 and that's what it's at now. All in all alts have a high probability of holding up. If bitcoin does drop more I don't think the impact will be as big. Next support is at...

AmazinRaisin 134 views ・

I think this is a failed impulse wave up after the ABC completion. On this current impulse up the A and B wave have completed and there will be one more push up for the C wave before another collapse. The 4 hour ichimoku is providing good support. I think it should hold. Also usually Friday and Saturdays have played a role on prices pushing up. However, the longs...

AmazinRaisin 121 views ・

Stellar has been dropping in bitcoin value for some time now. However, there are some clues that a reversal should be incoming. Today's daily candle has formed a hammer. The candle hasn't closed yet, but I think with a few hours left on the candle it should remain a hammer. Furthermore, A bullish divergence has formed on the daily RSI indicating a trend change is...

AmazinRaisin 129 views ・

Litecoin has just had an impulse wave up. I'm looking to add on the correction $69-71 range. Stop below $65.31. This I think this could be the start of something a lot bigger.

AmazinRaisin 268 views ・

Ethereum is still technically bullish since its above the Ichimoku cloud. Unfortunately, the closing price fell below the must hold zone forcing the Stop for the last trade. The next question is where will the bottom likely be at? Placing an FIB retracement swing high of $187 to swing low of $156 you can see the rally failed at the .618 FIB of $176. The price hit...

AmazinRaisin 96 views ・

ADA is touching former resistance that is now support. Also, the price is in the support of the ichimoku cloud. If the daily price close can hold in or above cloud support should be a great sign for further upside. If this is a 5 wave impulse up it there should be 1 more wave to come. The 4th wave seems to be finishing up creating a great long opportunity for...

AmazinRaisin 127 views ・

XEM as I said before is 1 of the best fundamental coins out in the crypto sphere. This makes me believe that it should have a recovery to its price. If you look at the 21 MA on the weekly chart and see the price cross over it after a long time under the 21 MA. It seems to be the first indication of a trend reversal. As long as the weekly price closes above the 21...

AmazinRaisin 309 views ・

I think Bcash probably is consolidating and finishing up the C wave in the wave 4. Doing an extension of the A wave got it to a price of about $236 which is near the .5 FIB. It also could double bottom so laddering buys around $260 to $230 would be a good idea. After the wave 4 correction seeing a price in the $400 range wouldn't be too surprising. It could go up...