EricDraht

EricDraht Updated 

Seems to follow an elliot wave - the basic impulse wave consists of a n impulse wave and a corrective wave - impulse waves consist of 5 waves (Wav 1 to Wave 5) and moves in the direction of the trend - waves 1, 3 and 5 moves in the direction of the trend while waves -2-4 move opposite of the trend

EricDraht Updated 

KMD is undersold, so slight pump incoming.

EricDraht Updated 

XRP has denied the elliott wave, and has entered directly into an ABC retracement. I've used fib to map out the significant support and resistance bands, however, with the intense negative pressure, that support will turn into resistance soon enough. If it follows a standard ABC retracement, it's going to have a small bump as buy orders are filled, then a dump as...

EricDraht Updated 

Wait for Ven to decline another 8-10% before purchase. It might be worth it to monitor the wave 1 and two, to see if they have any intention of following the elliott wave. Trading slightly above the cloud, but it's mixed. A risky buy for sure right now.

EricDraht

Sequence is looking for support at this time. There's been an influx of buy orders, so it is now trading below the cloud. This is something we like to see, as it indicates undersold conditions. At the very least, it'll be a mini pump. It's right at the correct part of the cycle to buy. Set an alarm for 5600, if it hits this, especially if it's still underbought,...

EricDraht

Zclassic first caught my attention when the mentioned they would be forking zcl to become BTCP - Bitcoin Private. Although this was announced some time ago, because of the relative obscurity of the coin, people have been slow to buy in. After the fork, your ZCL will become BTCP. This will be huge for several reasons. First, everyone who has a btc will receive a...

EricDraht

Iota has had a rough couple of days, in light of the BTC fall. In the past 6 hours, it has more than recovered, going up 6% in the midst of btc going up only 1.5%. Traders have been waiting for this, and they're all jumping on for their seat at the table. Many prominent traders have been predicting a run for IOTA for some time, and I think we're seeing it now. If...

EricDraht

Eng has been following an elliot wave perfectly. Right now wave 4 is cresting right about wave 1, if it drops below it will fall out of elliot wave and all bets are off. It has a very strong support floor, though, so I don't think that's likely. Right now is the time to buy (highlighted in green), then ride the 5th wave up as us traders do. Enigma is traded on...

EricDraht

OMG hitting major resistance, could bump off of this. Still working inside the elliot wave pattern. Looking for a trend completino, then an A/B/C correction

EricDraht

Looks like it's following the elliot wave perfectly Used fib to map out exit points.