This Analysis coincides with the Bitcoin analysis I posted earlier today that is link below. Shorts are wedging to an apex with, what I count as an ABCDE Diagonal, representative of a Wave 4, with the current swing high being the 5th Wave, leading up to a reversal... Fibonacci Extension ratios align with this premise... And Wave 5 Wedging towards an...
*Some of the previous charts I am referring to have been posted on my twitter account and links will be in the comments below. The Trend-based Fibonacci Time Extension tool that I have plotted on my chart has been spot on with the next sequence beginning at the start of the next Weekly candle on December 10, 2018. Furthermore, on the Weekly, the Stochastic RSI...
Who ordered dinner?? 3 Black Crows brewing on the Daily and on the Weekly...
First adjustment to this chart in months
Seeing a lot saying sub 4800 may not happen but I think a look at the Weekly will show we have entered a severely bearish zone; Fib Time Zone has been on point thus far with next coming at 12/10/18...
It has been a while, so first I would like to thank you for reading this post. As always, I welcome any positive constructive comments and points of view I may have missed. To be clear I am bearish mid-term (4-6 months), and bullish long-term (+1 year) on Bitcoin...and I have been quite bearish for a while. Earlier today I was working on some quick TA for a...
This is a continuation of a previous analysis of the same title, the link to which can be found in the comments section below. ___________________________________________________________________________________________________________ On the Daily BTC has reached the lower trend line from mid June with a Hammer Forming on the current Daily candle with 13 hours...
Charting what I see. Updates to follow.
Charting what I see here now...updates to follow.
EOS current Primary count. I believe that it still has one more wave down to complete C Wave.
First, I would like to thank you for taking the time to read this analysis, and second, I would like to clearly state that I am not an expert by any means, I learn every day and if I have missed anything of constructive importance please feel free to let me know in the comments section. To begin with, the Daily chart below shows my current count. I have had...
First off, thank you for taking the time to read this analysis. Now that I am using Bitfinex to chart, because it has the most history we can see the full picture on LTC. The ATH completed its Primary Wave 3 with the previous Wave 4 of lesser degree (where a corrective wave typically retraces to) falling in the range between $70-$32. Volume has steadily...
Ascending wedge on the Daily; Wave 5 Ascending wedge; Hit overbought on RSI 4 times on the Daily; Godmode firing Short onthe Daily... 4 Hour RSI topped previously indicating a Wave 3, now in Wave 5; Godmode firing short... Previous Wave 4 range between 8271 and 7005..
Just sayin...it don't look so hot right now.
RSI approaching low of 3/28/18, already lower than low of 2/1/18... 4 Hour Godmode Long fire...
On the Daily BTC fired long on the Godmode indicator over 24 hours ago; RSI bounced lower than on 3/31 at 6450; MACD Histogram rising, MACD curling up toward a cross; Resting upon and within a confluence of major fib levels...