Benimen

Benimen

Basic e-wave here with my own touch. Basically as long as price didn't break above 11.2k here this remains in play. This scenario also matches up with the fractal I've been posting about on my Twitter.

Benimen Updated 

Tried and true crypto indicator here which 95% of the time signals a trend change in most crypto's I've encountered...we'll see if ATOM plays along. Breaking above $4.20 would signal a breakout up out of the triangle. Breaking below the light red and thick red lines at about $3.50 would be pretty bad. Simple as that.

Benimen

Pretty self-explanatory here. Triangle breakout on ATOMUSD. Target at least $7. Happens without news and BTC is going sideways... Traders are in on this one I assume.

Benimen

Pretty self-explanatory, whatever ETHBTC does in the short-term will likely begin a new long-term trend.

Benimen Updated 

This is such an early-stage theory still, so I'm very hesitant to believe it...but what if ATOMBTC/ATOMUSDT, a newly-traded up-and-coming token from Cosmos (which I am very, very long already) are tracing out a fractal of ETH in its early months when it was a newly-traded token. I'll be keeping an eye on it. So far the volume signatures (not pictured here because...

Benimen Updated 

Still looking great here. Still points to $800+ by later this year...maybe higher (like Jan. 2018 highs). We shall see.

Benimen Updated 

I came upon this price-action of summer 2017 by chance today. Basically, ETH had gotten ahead of itself in a big way, reached $400 and then EOS started their crowdsale and started dumping ETH like mad. ETH fought the good fight for a couple months but pretty much had itself a mini-bear market correction which ended with price reaching stupid-low prices before...

Benimen Updated 

This uses that same fractal but projects it out....waaaay out. So by Dec. 2019 this says ETH might be back at the $1400 highs, only to make a double-top and come back down quite a bit in 2020. but by 2022-2023 it projects a steady rocket-ship up to like $9k....!.... Ya crazy stuff, these fractals.

Benimen Updated 

There's speculation around the Cosmos Telegram, unofficially of course, that a big announcement will be made at DevCon4 here in the remaining days. Some interesting posts, nothing specific though, have made it sound that it likely has to do with Cosmos' partnership ('Hard Spoon') with OmiseGo and possibly could be a hard date given for when the hard spoon snapshot...

Benimen Updated 

Likely less than a month left and potentially only 2 minor lows to go.

Benimen Updated 

My Elliott Theory says this decline has 1 more possible low to it and then it's potentially off to a month of consolidation sideways to complete a wave 2 bottom followed by wave 3 in September. Basically, go on vacation for the rest of the month...nothing to see here for awhile.

Benimen

Simple fractal here in BTC. Pointing to down/sideways, no lower-lows though, over the next month and then slowly taking off.

Benimen Updated 

Pretty simple upwards channel that's been going on in ETHBTC for some time now. Very interesting to see that in ETHBTC terms this is all pretty much consolidation for a couple months now. Volume is 'the tell' and is showing massive consolidation and a move to happen soon... My guess up.

Benimen Updated 

So ya, I'm bullish. My Elliott wave analysis shows that $404 was a wave 2 bottom and we're now in a wave 3. Pay attention to the notes here though. If this is a wave 3 it must be explosive, and must be get well above the low-$900's and then mustn't break back below that mid-$800's wave 1. Additionally in the short-term we have a nice inverse head-and-shoulders...

Benimen Updated 

So long as that's bar stays green it looks like this might be the intermediate-term and maybe even long-term bottom.

Benimen Updated 

Commentary on the chart here. 2 scenarios in short-term, either go down more to lower channel now or we go sideways overall into late-2018. Both scenarios though show a massive rally potentially into mid-2019. We shall see.

Benimen Updated 

Changed up the channel slightly to use the earlier one...Pretty ripe for this to be the end of bear mode here. I'm fully long.

Benimen

Possibly in a rising channel; looks like it just completed a wave 2 with a monster 3 wave taking it up to $6 or so. Lots of worries recently about regulations on centralized exchanges. 0x will be a huge winner if there are. Additionally, with their Ethermint implementations using Cosmos they are setting themselves up to be a 'must-hold' going into 2018-2019 here. ...