FollowTheCoin

FollowTheCoin

Hello legends. First off, this chart is for long term holders and traders. I have taken the Prediction and Measurement tool from the Bars Pattern and copied the final wave of the 2017 bull run and aligned it to the current trending growth curve. But this is more than a simple chart. I am making an appeal to the crypto gods. The whales, the bags with thousands of...

FollowTheCoin

We can see massive resistance from previous bull run retrace that put up massive resistance at ~71K. That happened to coincide with 2 trend lines above the middle trendline. This was followed by a retrace two trend lines below the middle, followed by a correction to one above the mid trend line and another correction downward to one below the middle trend line....

FollowTheCoin

RSI is around 10... switch to daily chart and you will see triangle forming. Hoping for $1 around January.

FollowTheCoin

SHIB just pumped with Coinbase and Bitfinex listing. RSI is too high to sustain. Might go a bit higher but the risk reward right now is not great. If you check coin carp you'll see whales doing more offloading than onloading.

FollowTheCoin

Kinda bored, figured I'd check out BTC, seems like bull run to December only makes sense considering all other massive corrections occurred in December

FollowTheCoin

BTC will bump up again when it touches the 50 day MA, leading to the 5th and final wave, the parabolic wave. RSI also reaching the low for the bull run. MACD looking like its about to reverse. Final wave should last anywhere from 3-6 months. Don't forget your stop losses. Good luck.

FollowTheCoin

Based on my analysis, some things I've noticed. Bull runs after halving seem to last longer, possibly due to the nature of the log curve. My thought is the bubble will pop around July/August, or we have one more huge run up and it lasts until December. Expecting it to end up around $150k, but it currently looks like it could be anywhere from $80k-$300k.

FollowTheCoin

Possible Bitcoin near team

FollowTheCoin

Seriously who the fuck knows anymore. At this point I'd watch the RSI before trying to pin down a price point. Expecting sideways from here or one more large drop to set up the 2020 YTD chart.

FollowTheCoin

One triangle at a time... The whole market is connected, just like everything else in this universe. Don't get caught up in one or two coins, it's all about the sats. This isn't the stock market, cryptos aren't like stocks in the fact that most cryptos have no intrinsic value, whereas certain stocks can still flourish in a struggling stock market. 15% drop puts...

FollowTheCoin

ETC can be a low risk buy between $4.48-$4.55, stop loss at $4.37 because it may bounce at $4.40 to force out weak hands, take profit at long term resistance or beforehand, not financial advice, solely my opinion

FollowTheCoin

No Bitcoin Bull run has been confirmed yet, we could still go as low as ~$6,500 and as high as ~$11,375 over the course of the next 200 days. We can read the technical signs, but in my mind there is no confirmation until it breaks out of this channel.

FollowTheCoin

See chart, its potentially already begun, one might try to buy now and set stop at $4.80. Just my opinion, not advice.

FollowTheCoin

I think this coin brings real implementable value to the world, unlike 90% of cryptos. My understanding is it is similar to Ethereum, allowing users to create smart contracts on the blockchain. Short-term I'm thinking anywhere from a 10%-50% drop. I sold 75% of my Link and put a stop at $2.80 for the remaining, but will be looking for re-entry down the road. I...

FollowTheCoin

XLM seeing a steady uptrend, important resistance to watch is the black line. If XLM can't break through that resistance, dump it; if it does break through, expect bull run to come.

FollowTheCoin

Extremely comparable triangle from the 2014-2015 bear market lasted ~651 days, we are now seeing this bear market has lasted ~658 days, I would expect to either see a breakout soon or one more large drop to ~$6,500 before bull market confirmation. Also note RSI is closing in on 50.00, which would indicate bullish, and the MACD has been in the red for a while,...

FollowTheCoin

Based on the MACD and RSI, it may be better to base the lower support on the recent highs rather than the December low. Historically, when the RSI hits 30 BTC rallies, and the RSI appears to be trailing towards 30 around the same time as the current wedge/triangle concludes. Also, BTC dominance has been decreasing and appears to be on a trail to around 60% market...

FollowTheCoin

Just what it looks like to me. The $16,000 projection at breakout is actually based mostly off of others research. But based on the previous outbreak we had being an even greater percentage it definitely seems feasible. Thoughts?