Giving the market some time to mature enables us to see clarity from patterns, waves and support and resistance levels. I have used the clone tool to replicate the parabolic cycle of XLM and stuck it infront of when NANO was dropped into Binance; due to the Bitgrail chart being unavailable. Shout out to Dalin Anderson for that tip; give the guy a follow; solid...
Fomo is rife across comment boxes and the chatroom, Ripple has failed to break the .618 fib for 5 days running, and it went parabolic. Sounds like a great combination for a short entry back to the .88! Yellow vertical line targeted on the tweet that PNC bank have joined cripplenet. Trade null and void if .618 (.00009000) holds for a couple of days, but if this...
Interesting correlation between the cycles leading up to the 2008 financial crash and the cycle the DJI is currently in the process of completing. This time around the Parabolic curve and impulse angle appears higher, suggesting a possible top in the dow. This coincides with the RSI strength (set to a loose parameter for regular markers) being weaker on this...
Following a heavy move to the upside signaled by a RSI divergence in may time, ETP/BTC has failed to make higher highs for the last few days while the RSI strength is weakening. It could appear a change of trend is upon us. I have cloned the previous downside and laid it over the proposed temporary top of market swing here and it looks relatively aesthetically...
Following on from my post on april the 28th i have put together a chart with a rough buy in and target zone, and correlated the points with my previous long term idea. 4 months on and the ETH megacycle is well underway. overvaluation stages didn't manage to reach and a sharp downside turn was met; as predicted. this has led to a profitable short swing and the...
Evident 5 waves down if you compare this downside move to the previous one; hard to pick a good entry but i have based it on the wave and fractal. noticed an interesting percentage correlation highlighted in the text boxes, also the macd indicator is respecting a lower boundary. Aiming for 50% on the upside from here marked on the chart with a green flag, it may...
With some of the stronger Alt coins Recovering i've put together a Gann Fann + Fib Retracement combination for long target levels, which created this beautiful Pattern. To be held and traded for the long term; a great Project with an even better logo; I'm not shilling i just love the whale in the top hat, honest. I have previously posted a LEND/ETH chart which is...
Cyclic repetition; 2nd cycle will take longer to complete and be more impulsive due to new players and money in the market, not looking for ATHS here, just a nice bounce to accumulation zone below the Green line but expect to see a hard bounce above it before hand due to the nature of this coin. upside potential always possible if we break of this current pattern...
This is looking sexy right now, and although it might fake out Bitcoin is the king and has been quiet compared to some lesser altcoins which i believe are going to feel the wrath sooner or later. i saw people in the chat longing for USD altcoin pairings, i feel they are missing the point and this will get them burnt when they see satoshis sliding off their screen...
Fairly loose Idea but combined with a few indicators such as MA 200/50 for the parabolic XRB rebranded; RSI and the good old fractals; we can see a pattern emerging in the way of a impulsive falling wedge with a pretty inverse curve to match, to add to the bigger picture of what could well be a large C&H forming. scrolling twitter i saw an ''OG'' mentioning the...
Had a play with baseline charting to discover where we could class the pair being overvalued and undervalued; and to spot underlying trends beyond candlestick wicks and twitter shills. As described in the chart in my eyes it is likely we will get a play similar to the last cycle however this will be at speeds considerably slower. remember CME said they will tame...
Studying price action and patterns similar to my ZEC analysis i have found similar movements forming in ETC vs the Dollar. we have had a very impulsive move up here and its more than possible the target price is broken and continues to climb; like historically happens in crypto. however we have to be aware of downside potential, and profiting from this if the...
This is the Fourth Short chart i have posted in as many days however i am simply backing up my game plan and analysis of the current market situation, with eth being one of the strongest coins during april it is a good base for market wide weakness - being a large platform for ERC20 projects. The yellow boxes are clones of each other and the Rally from the...
CNBC Shilled ADA for bottoming at the beginning of this run which was suspicious; however the masses bought into the pumped sell walls and created the pattern we see here - what many must have bought into after drawing the legendary cup and handle formation on their charts. The month is ending and it has been a great one - But with bitcoin showing weakness to the...
As humans we Look for similarities and repetition from a young age; it is a natural learning process which enables us develop skill and knowledge. I have taken this simple rule and cloned the two most common moving averages - 50 and 100. It has enabled me to filter out the noise of the market which makes this current move look similar to the one my RED arrow is...
If you're thinking about buying here i congratulate you for having such balls of steel, it looks like one of the biggest bulltraps so far of 2018 BTC is currently within my trading range on Fields of corn but id like to update with a long term perspective on on the downside. We can use logarithmic charts to see a more zoomed out approach of an assets valuation...
Coinbase News around the corner and dancing on a key support level indicates a change of trend in the coming hours. Im placing my bets on downside movement, so am calling short here. Bearish RSI Div, barts everywhere and spooky pumps lead us further downward in the wedge. This analysis is a follow on from my Fields of corn trade setup for the next phase in...
Extreme lows together with increased short interest pushes us to belive a short squeeze of large proportions may be around the corner, because the market never goes straight up nor down, and we have seem to of forgotten the volatility of crypto on the upside amidst a sea of what appears to be never ending Blood. Using the MAs here to gauge consolidation as...