Nothing is a surprise here. If you followed my last post, I showed 2 options here for Bitcoin. One was a bullish count, and one was bearish. And surely enough, we are filled with signs of bearishness. Please check it out if you haven't so you can get caught up on what you missed. So, I keep going back and forth on the overall count, and I'm just going to stick...
Hopefully you all caught the bullish divergences forming on ALL RSI's before that big jump there. We didn't reach the $6k target like I had expected. But it doesn't mean that this is over. I kind of find it funny that on my last post I stated that it would go to $6500 and bounce, then I changed my analysis to $6k. And guess what it did? Went to $6500 and bounced....
First of all, sorry for no updates today, my service is acting weird and I wasn't able to upload this post. ANWAYS, nearly everyone was calling for the $7300 drop. But is that it? I can't lie, I was really bullish after we jumped from that point, and I thought it was going to be time to reverse. And hell, it might be! But we've got an issue on our hands here....
Not much to say here. The chart says it all! We should rebound here along with the market, but with the most recent failed breakout, we get left in the dust. Check out the death cross on the daily EMAs. We're not going anywhere soon. I expect NEO to correct for the next month before making its next major breakout. SHORT TERM (Next few days): I believe we...
Guys, We're talking a 680% gain by July with this one. Amazing risk to reward. Chart says it all. Usually I keep my posts and explanations lengthy.. But need I saw more with this? I see us building a nice cup and handle before we stretch to this target. This is pretty likely in my opinion. Signals give this a go! But first, I'd wait until Bitcoin is done...
So let's talk about what's going on here real quick. We're facing a slight resistance that we should break through. But we're also facing the hard task of the 55 EMA death cross on the Daily. Our indicators give us much bullishness to go forward from here. BUT, if we can't break through $900, then the bull rally will likely be delayed. Dash needs momentum to go...
Alright guys, I'm feeling pretty confident on the market again, and I think a lot of coins (including Bitcoin) are coming to a close on their long correctional periods. We're all in this market because we believe in it. If you're scared of coins dropping, then I hate to say it, but either don't look at the prices, or strengthen the testicle jugulars. If you've...
So, first off all: this post does say LONG.. HOWEVER, I want to make sure you all see that in the TITLE I say $8k first. Secondly, this is like the 20th post on Bitcoin in the last 10 days hahahaha. But when my posts get so long I feel the need to upload a new one. I constantly like to notify you guys on what I think and how I feel about the market at a certain...
Omg... Guys, I've been saying from the beginning that Bitcoin was going to hit $7k. Then as soon as I turn bullish, it does this. NEVER LOSE YOUR GUT FEELING. Every time I get a sick gut feeling, it ALWAYS comes true. I had the gut feeling when Bitcoin was bullishly rallying all the way back at $9k. And all my gut did was agree with my original analysis. And this...
Welcome to Eball's Day Trader's thread. Where I give wave analysis on price movements, while simultaneously not giving a damn about what fundamentals cause them. I react to price, and create projections based off of them. We make money here. Investors beware, this is probably not the post for you. We take it hour by hour in these posts. Anyways, guys, I'm...
Welcome to EBall's trader's thread. Where I analyze Bitcoin's wave count with alternatives and ultimately don't give a damn about what news causes the price action. This is a place of many updates, long threads, and the goal of making money. Opinions change quite often here. Investors beware, this is not the place for you. I still think we are downtrending. Can...
This will be a thread of given scenarios of where Bitcoin can go. This has been a very difficult ride to predict, and it has been testing my skills as a technical analyst. But it seems to me that Bitcoin may have another failed breakout. I'm seeing it do a few things that don't match my criteria for impulse waves, and its doing it over and over again. So there is...
Alright, I'm gonna keep a long story short: This could be a possible impulse wave count. BUT it could fail to complete a WXYXZ patten of this overall correction. If you look at any time frame over 1 hour, they are alllll overbought like crazy, and a dip could cause downward momentum to those support zones. So i have a bull scenario, bear scenario, and base...
Alright, so I'm actually confident enough with this play that I'll publish, and because my last one got reallyyyy long with all those updates for the day trading positions. Here are two set-ups for a long position up to $9500 and then a shorting position back down to our support line. I think I've solved the wave count for this correction, we're forming this WXY...
Hey, instead of shorting Bitcoin -0.55% , I feel like shorting Ethereum -0.96% . Through this thread I will be updating and listing all of my plays. Many many updates to come as usual to show my thought process.
Alright guys, sorry for the scare last night. We're just in a very dangerous period that is getting to be more unpredictable. Why? Because I believe that we are still correcting. Its starting to abandon the laws of the impulse waves and we need to be VERY careful here. Yesterday I put a target of the $9100 region, but we quickly slid down to lower levels before...
This post will cover the short-term aspect of Bitcoin, as what appears to be impulse waves. I will update shortly on the very short-term scale to show validity in the wave count. This is appears to be the end of the Bitcoin Correction. Many more short-term updates to come along with new targets. Follow for updates :).
Here is my original prediction of this possibility for a crash/correction made a month ago if you care to look at it. This thread is only for updates on the short-term scale. Because honestly, this is more interesting than Crypto right now. I will include support zones, indicator analysis and everything just to show that it all works the same in any cash driven...