HODLBro

HODLBro

Lots going on in ETHUSD now, some great strong trend lines and patterns developing as we move into what is assumed as the 4th wave of this 5 wave movement downwards... Strong Support, Resistance and Fib Correlation Firstly, note how both the 23.6 and 38.2 fib lines provided traces for both support and resistance as the second wave moved from (1) to (2). By...

HODLBro

As an update from my previous BTC chart set on a slightly more bullish fib, analysis now indicating a more acute bearish adjustment is coming. ShortTerm Trend - LONG Current trend would suggest a bull trap will still occur, but with two possible retracements to the following: D - 11,581 (in line with 50.0% fib) D2 - 9,555 (in line with 61.8% fib) LongTerm...

HODLBro

Two possible scenarios for the final wave down for BTC, which as everyone has probably noticed, is currently correcting down... Both scenarios share a bottom at (C) followed by an upward trend to around 12450 (bull trap..!) as the market moves through an ABC-style sub correction up to (D) before continuing the downward trend for the 5th wave. S1: More...

HODLBro Updated 

Approaching final set of known lower restraints after the huge drop by IOST post listing. Initial move up, but has since been tumbling through 5 waves followed by ABC consolidations sideways, before the trend continues. Trend lines converging on around 626 sats, which could indicate a good buy zone with a chance of consolidation breaking the trend down. However,...

HODLBro

ETH is showing positive signs for an upward trend, and is now in its 5th wave up. Context: BTC is in its 4th wave recovery, and may look to move down once it hits between 13.5 - 14.5 USD (have linked estimate below for BTCUSD). Interestingly, the projected dip for BTC is estimated around 31st Jan and coincides with ETH crossing possible resistance lines at S2....

HODLBro

ETH is showing positive signs for an upward trend, and is now in its 5th wave up. Context: BTC is in its 4th wave recovery, and may look to move down once it hits between 13.5 - 14.5 USD (have linked estimate below for BTCUSD). Interestingly, the projected dip for BTC is estimated around 31st Jan and coincides with ETH crossing possible resistance lines at...

HODLBro

Possible option for a buy zone as ADA continues to consolidate down in its 5th wave (S1) Stop loss identified should the trend continue down (S2) Fib Retracement from previous increase adjusted for previous resistance lines that may move to supports on for a 5 wave impulse move up. Opinion not advice Comments welcome - 1B2rBfu9X4nms6EtuQWDQuNy87Jn9hYkJs for...

HODLBro

Following previous scenario, it looks like we now have a 5 wave correction down rather than an ABC. With the 5th wave down, there is a possible buy zone now identified assuming a 5 wave correction up (BZ1) Depending on risk profile, buy zone identified carries most risk but maximises reward - to minimise risk, optional buyzone identified at the base of the...

HODLBro

Possible scenario for VEN showing a 5 wave impulse projection following an ABC correction down. Targets set at 81500 and 10500, based on Fib Retracement of previous 5 wave impulse adjusted for mapped resistance lines. However, this may be suppressed should Bitcoin collapse by the end of Jan (check my BTCUSD projection for this scenario). Opinion not advice ...

HODLBro Updated 

Short Term: Bearish --------------------------------------------------------------------------- From my current analysis, I would suggest a final spike up to 14500ish is on the cards, followed by another major correction down to 7.5k. Great opportunity to maximise gains if previously shorted and bought in low down the crash this week, with my target reached at a...

HODLBro

Possible sketch for GTO recovery - lovely bull pendant forming, although this may fall lower should it look to recover to its previous rate with a further correction up then down to previous resistance. In this scenario, the fib should be discounted and redrawn to new levels (update will follow). Considering the overall weakness of the sell pressures across the...

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Update: As you can see, mapping against the previous pump, the consolidation for ARN -1.47% is almost complete. As such, I have mapped out possible break options, and conservative Fib targets. Also, interesting to note that indicators are not yet consolidated, so this may indicate a further leg of consolidation, as sketched on the graph. Therefore, good time...

HODLBro

As you can see, mapping against the previous pump, the consolidation for ARN is almost complete. As such, I have mapped out possible break options, and conservative Fib targets. Also, interesting to note that indicators are not yet consolidated, so this may indicate a further leg of consolidation, as sketched on the graph. Therefore, good time to buy ARN...

HODLBro

Note, short assuming recent boost up has finished, and the market follows the previous cycle. If so, we should now see a pullback down followed by a period of consolidation, and I would expect a longer term buy-in opportunity to be around the following marked on the sketch, based upon fib ratios. As Neo has been strong recently and is seen as a good coin, I have...

HODLBro Updated 

As you can see (using heikin ashi candles to try to average the volatility ), we should now be at the peak of the climb from the previous low of 480/520. Will next expect steady correction downwards to around 440 level and possibly below in this next cycle. SRIS and CRSI both indicating the position is currently overbought, although MACD not yet convinced...

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Full TRXBTC Sketch - Fib Trajectory and Time Projection From the graph, we have returned to the final two major restraints before we hit below LL of previous trend. Considering current trend, as previously predicted we have pushed through L1, a loose restraint indicated by previous LLs. We can expect that should current market conditions continue, there are...

HODLBro Updated 

ENG has completed its signature bear pendant, and has now hit the bottom restraint identified in light blue. Next test will be top restraint, which will test the strength of the bulls - if we return to the light blue line, this could indicate a reversal and an upward move over the next few hours. However, a more consolidated uptrend below the previous lower...

HODLBro

I am now reversing short term position on TRX should either of the two restraints hold around 770 and 760 - both strong longterm trend lines, and this could see a reversal of the trend down over the past few hours (predicted in previous analysis). Should we see a reversal, I would expect to see the bulls carry us back up to 820 if a normal trajectory. However, a...