Bitcoin is approaching what I see as a potential intermediate top. The fibs seem to fit quite well on this sequence, and I was able to get confluence with it as well. It may not be the top overall, but I give it a decent chance that we are approaching one for the intermediate picture based on these projections. Thank you!
We have an ascending triangle at resistance right now for BATUSD. Buy the breakout - and the next chunks of BAT's moves are around 50 and 60 cents IMO. Not financial advice, please always use a stop/loss! Thank you!
EOS has been accumulating for a long while. Anything below 4 dollars or so is considered accumulation on this token currently. Fibs are showing me that once we break this accumulation area that we will probably take a trip to about 6 dollars (with some choppiness around 5 bucks I'd guess, too), and then if we are able to stay bullish from there, fibs are showing...
Keeping it simple - EOS has been knocking on the local resistance door that it has been trying to break for months now. We hope that it turns that into support. There was an exceptional amount of volume that poured into EOSBTC today. In this particular accumulation area - there has been the most volume in EOSBTC's price history in fact. It is sitting above...
So, BAND decided to go into a bullish continuation pattern it seems - and it is sitting above the flag formation in a breakout fashion right now. My measurements on the flagpole give roughly a 50% move - where I do have confluence with fibs at around 18 bucks. There are upper targets beyond that, but for the purpose of this idea of a bull flag breakout - I am...
Ontology is peaking out of the downtrend that it has been in since September of 2018 roughly. It is above the cloud on the daily. The fibs show lots of possibilities. The Bitcoin side of Ontology HASN'T. EVEN. STARTED. YET. HUGE ADAM AND EVE DOUBLE BOTTOM! In fact, I could see a HUGE inverse head and shoulders developing for this potentially - if the adam and...
Litecoin seems like it wants to continue up now, and I am watching these levels if it can make a higher high. 221-228, and then 270-280 seem like they may be next stops for litecoin. I have a LOT of confluence in the 270-280 area for a place to take some nice profits. The 221-228 area seems like a nice place to reduce your risk, too. Eventually I do have some...
So, I think that I only had 1 person get mildly combative with my top being in idea...that is wonderful and surprising, lol. Anyway - I think that we may swing high here, and maybe re-test the top. If we make a higher high, and break out again, I think that we could go as high as 61,500 and if we continue after that, 92,700. I'm surprised that we haven't seen a...
Hello All! Ethereum hit a key level on my charts that is typical of a pullback. Oscillators are showing a bearish divergence on larger time frames. ETH is also in what I think is a Rising Wedge. I expect approximately up to a 44% drop in ETH based upon the rising wedge. Buy in the Low to Mid 700's IMO. After the dump, I think that ETH could possibly...
As we saw, BAND broke out of its month long consolidation on a Symmetrical triangle break-out. A nice confirmation for it now I believe would be to fall to support on top of the triangle or thereabouts, and establish it as support now. I could see entry all the way from $9.00 - $10.30. Willing to discuss upper targets if desired. Thank you!
It appears to me that ONT is building a lot of pressure within its consolidation that it has been in since the beginning of January. I am playing this like a symmetrical triangle, regardless of the bull trapped area that goes above the upper trendline during the middle of January. Measuring from top to bottom of the triangle, I could see a nice 45% swing trade...
Hello everyone! Bitcoin I believe has potentially found its top. The chart showed me some similarities from 2017 that make me find it compelling that Bitcoin could reach as low as $6000.00 again. 6k will be the new 3k, IMO. I think that the 10k region or thereabouts will act as strong support, and many will suspect it to be the bottom, but then - surprise,...
Howdy everyone! XRPUSD IMO looks like it has topped out on this current run. It may have some upward movement left in it to test resistance, but I am in the camp that thinks that it needs to retrace a bit further to make new highs. We are sitting on a nice S/R zone right now, and are in a local downtrend. 25 cents seems to be a pretty significant support...
Hi everyone! WAN recently broke free of a bearish channel. It had hit a 1.618 based on fib extensions, too. Currently it is in a new rising channel. I think that now is a great time to buy when it is 530 sats or less approximately. There is a lot of bullish fundamental news for WAN next month and into the summer, and the rest of this year in fact. 30th...
Hello! IMO, Zil has likely bottomed. I am seeing nice confluence with Fibs right now from the top. The initial down move from the top shows that we have done a 100% retracement from that point around 216 sats. We have also done a 100% retracement based upon the last big down move in Zil from 670 sats. This gives us confluence with the big picture down...
Hi Everyone! To me it looks like VEEV is in a long term ascending broadening wedge from the time that it entered the aggressive uptrend that it has been in since February of 2016. When researching an ascending broadening wedge, things eventually go south for the asset that is printing that pattern. I am not sure when this will eventually tank hard, but I have...
Hello! I was introduced to this stock by my father, and wow, it is a great one to trade! I am personally waiting for the MACD to cross bearish on the daily chart to consider opening a short position. I am also going to let the moving averages signal a dump as well. We are already starting to kind of bearishly diverge on the RSI on the Daily chart, where it...
Hi Everyone, To me it appears that WAN might be forming the head of an inverse head and shoulders on the daily chart. In this case, if you purchase in this range or even if it goes a bit lower, you'll be potentially purchasing at the lowest satoshi value that it will go to if this reversal pattern plays out. Once the head is complete, WAN could make a big...