It's time to take a long term look at ETH. This effect can be made using the fib retracement tool and pulling it from the recent bottom to recent high, and applying all common fib levels higher than 1. Interestingly, the ATH would then be at 7.382. As there's been a lot of noise in the market lately, so i thought I'd sit back and take a nice long term look at this...
Fundamentally, link is being suppressed by whales. We are watching history in the making. The next chapter of LINK has only just begun. Previous analysis:
A new analysis that mirrors one of my previous analysis for bitcoin. You can see both triangles on this chart. Previously, the big triangle that took up to the 9k region did not hit exactly its target at 9200, so I have made a more conservative estimate for this triangle, measuring it at around the same point on the previous one, proportionally to its size. Also...
Hi everyone. It's time for another glorious BINANCE:LINKBTC analysis. So far I've been on the money pretty well, so be sure to pay attention to this one. I recommend that new readers check my previous trades for this coin. I'm back from my holiday, so as promised, here's the new analysis! The ABCDE scenario I outlined last time has been invalidated already as...
Cheese Pizza pattern- projected outlook for LINK. Serious version: ABCDE correction. Elliot wave failure+ descending triangle caused pump- same both ways you look at it and equally valid. Retracement coincides with developing trendlines on the pair. Triangle may not be in that exact position as elliot signals unclear. Still expect triangle correction of some sort,...
Possible road map for LINK the next few days. All things considered, mainnet didn't really dump THAT hard. But it was considerable. This shows there could still be some buyers at the higher resistance levels. In the last chart, I showed that the main buy zones would be the 10-11k region and 8-9k regions below that. Now if you can see through these beautiful...
#Mainnet #0.0056 ETH Another one of these god damn triangles that we love so much. It's much more bullish on the ETH chart and everyone is so crazy bullish on eth so you know what else what we sell LINK for this time? Please don't forget to leave a like!
If you've been following, you'll have seen that my calls for LINK have been perfect so far. Here's my next one. I think some followers have been seeing that they wished they followed me before the pump. I will keep making calls so don't worry about missing the first few. Anyway, the verdict for me is a big fat SELL on breakout of this flag. Target is exactly...
Price is converging upwards with flat overhead resistance. This shows that price is possibly being suppressed so that whales can accumulate, or general bullish buying power being stronger than bears right now. This is generally seen as a continuation pattern. Target: 9400. If it breaks down and confirms on the 4/6 hour, it could retest 6800s- 7000s. Stop loss:...
This is just one possible scenario. Another is that the white trendline holds and we pump. This depends highly on BTC's current triangle.
Target: $1.109 Stop loss: $0.84 Buy at breakout.
Simple trade, follow stop loss and target for the wedge. If you sold the top of the last pump or near, this will be a great opportunity to get back in for you so you don't FOMO on the next one. :) If you prefer less risk, you can choose to buy on breakout. Also mainnet on Ethereum for existing DAPPs was announced yesterday at Consensus for May 30th so I'll keep...
Sell zone: 0.00014xxx- 0.00015xxx My buy zone: 9600-12000 Green lines are targets 1, 2, and 3. So what happened? Didn't everything look so "MAGNIFICENT" and "UNSTOPPABLE" but a couple of months ago? Well yes, it did. In the long term, my view has not changed but who knows when we can eventually break out of this lower price range? I believe that will depend...
Here's another one for you guys. Very simple. Let's see how it pans out. Enjoy!
Here's what I think might happen next with Chainlink. We have the 12345 followed by ABC very frequently here. So after this clear 12345 EW structure that makes up the 5th wave in the grander (maroon coloured) line, I believe we will have a bigger ABC now.A Previous resistance should act as support until EMAs cross over again. Hope this helps! Please don't...
BITFINEX:XLMUSD still looking strong after my last post where I PERFECTLY called the target of the bullish wedge. That one was pretty popular so this is the follow up. After a retracement, it's moved up back to the resistance. If it breaks above the support and confirms it on the H4, then we're good to move up again. Extra bullish bonus points: if this current...