Etsua

Etsua

Okay so we've found solid support along the black trendline i've wicked off, right above our last resort bottom green box. Good news is that we HAVEN'T passed through the 1:1 for the C (bottom green box), which keeps us bullish. Do I see us passing through the Black Trendline? ...It's hard to say, but at this point, we seem to be consolidating and sell pressure...

Etsua

So we can see we have found trendline support currently, but will it hold? Here is something interesting, if I take a fib extension, and pull from W-X-Y, you can see that we've hit the 100% fib level, and found firm resistance at the 0.786! So we can see the Algos are at work. Currently as far as I can see, we've double topped and are now retracing, and at this...

Etsua Updated 

RSI is oversold, so there is the potential to play the bounce, however it is too risky in my opinion, unless you have to motivation to do so. So as listed in my other QTUM chart, except now "updated" to fix the chart text TYPO...I have been expecting a bullish reaction here at the 61.8% Golden Zone, where YES, we can see we have found nice support...for the time...

Etsua Updated 

So our supports held but weren't enough for a reversal. Which leads me to give a new count, and our red trendline is in the wind. SO WHEN WILL THE SELLING STOP?? ANSWER: The highest probability target always for an abc correction down, Is that C is most likely 100% of A = 1:1 extension. And since when have our A&B which are in, we have targets to pull from. And...

Etsua

When it comes to all the Bitcoin charts I look at, there are just about as many cluttered, overmarked charts, with 100 lines and a 100 different colors, as there are Scam ICO's. And they are ALL fighting to find any reason to say "BITCOIN TO GOING UP!" Unfortunately the answer is the obvious one (as it is 9 times out of 10). We want so badly for HIGHER highs NOW,...

Etsua Updated 

Here is my bear count, which is almost in, as it looks like we have almost completed our "bullish" triangle correction pattern, that is on its final leg down. I think my first target may be too weak to hold, but wether we bounce now or at the red trendline, we should be seeing a bounce soon. Id be watching for a bounce off the red trendline, to gage a good...

Etsua Updated 

Heres a potential trade for Wan, green box will be a potential entry, if the volume is there too! Which is important, so you don't get bull trapped, and red box will be where i'd set my stop, a tight stop, because if we fall through the black trendline, the count changes! However, at the moment I'm seeing it as an ending diagonal about to go up for a final wave...

Etsua Updated 

So here I give you an updated count, as you can see we're are currently finding resistance at the 100% after our bounce off the 61.8%. What I'd be watching for is how deep the wave 2 will fall, as we may get an extended correction and retest the bottom trendline. The question is now, where we'll bounce and begin our wave 3/5 up toward the big "(3)" I'd be...

Etsua

Shot in the dark prediction for Qtum going off the data we've got, unless there a fundamentals at play, Qtum is so closely correlated to Bitcoin, you may as well watch the BTC chart. Green boxes are entry points I'm watching...I wouldn't enter now unless Bitcoin is bullish. It's internally working its way up, trading in the channel (black trendlines), from what...

Etsua Updated 

Here are our final two supports, if we do a fib pull of wave 3, we are still sitting around our 1:1 target, which is also the 78.6% so we have confluence there, however we have just gotten another stab down, so rounding bottom goes out the window. Our final target is the 88.7% until the trendline then new lows. We'll see how we play out, but If we fall any lower,...

Etsua Updated 

We're coming up to our final support, and if we are to trust the theory, we should bounce off this point. The point being the 1:1 extension to complete our ABC down for wave 4, which would line up nicely with the fundamentals (Colins livestream, Binance Comp, and the Nano Wallets), but nano has seen extremely strong selling pressure, 2 steps forward, 3 steps...

Etsua

Loom has been making big moves as there is a lot of hype around this coin, so big money can be made day trading this, if played right. I caught the first big ride up for a nice 30% gain in a day before I pulled out (New coins are always riskier plays, regardless of fundamentals). YELLOW BOX = High probability for a reaction there for a nice scalp. Not strong...

Etsua

**BULLISH COUNT*** If we are to be bullish the only count that I can see working is an ending diagonal. However due to a lot of fundamentals skewing the price in the bears favour, we may loose these two supports, and may travel back down to where we started. First Support at the 0.5 Fib (confluence with the trendline) Second support, we find confluence with the...