If we are due for a retracement, if Elliot wave tells me anything its now. 1. waves 1 and 5 are equal in length 2. wave 3 is our longest wave. add in with the combination of other indicators we can see it into an overbought zone NVT tells us we are overbought the market is bullish everywhere (usually the time the rug is pulled out.) Not sure if my understanding...
throwing up some possibility that this could happen. time will tell
I feel we haven't seen the last of the drops. I think there will be another where we can expect BTC to touch the 61.8% retracement line again belo the 10k mark. TRADE WITH CAUTION!! Don't get too cocky that the market is recovering. I believe we still have some more to go. Trade smart by playing within the support on fib retracement and maximise your wallets.
LTC seems to be a solid investment imo. Throughout this small crypto retracement in crypto LTC has been lightly affected. It retraced quickly to the 50% and looks like it could reach ATH very soon. once past $200 next will be $250
Here we have BTC on a 1day scale. We can see it hitting fib retracement lines clearly. Institutional money is my guess. And they are playing the game well. Going by simple trading while everyone neglects to see the longer picture. My guesstimate is we can expect it to hit 61.8% and look for a bounce back Plenty of profits to be made here
I am starting to see a channel forming on BTC. I am not 100% on this at the moment but Ive deleted previous trend lines to see if I can see some sort of pattern here. The market is unpredictable at the moment and facing a little down turn. Have confidence and don't make any sudden trades until we see a significant dip under the support of $13k before making any...
XLM has manage to hit 61.8% on the fib retracement. What this means is that it has retraced an amount in the market and with no negatives currently surrounding the coin we can expect it to double top and retrace. Its common for this to happen and other traders will predict this and set their buys and sells based on this data shown. My prediction are the blue...
With ZCL having a lot of monies flooded into it due to the proposed fork we can see a bullish ascending triangle. With the good news we can also expect it to rise above it and continue to the expected release date. If you're feeling a bit of FOMO atleast wait for this small correction that is about to happen in my opinion, buy can be set close to .0131 sats at a...
As you can see on the RSI its buying time. Dipped to 500 sats and all i seen was everyone freaking out. Stay calm.. its dipped past the trend line slightly and could fake out on us. TRX has plenty of positive news coming out before we can write them off. If the news doesn't come out, or all this FUD business comes out to be true I would be looking for an exit...
No brainer here. 4hr candles We have seen resistance set up around $13k several times Also with the following of the downward trend. We can expect BTC to follow the wedge pattern and then fake out, and look at climbing because after all it is BTC.. **if not we can expect a fall at previous resistances due to the expected "Bitcoin Private" fork.. yes another...
ADA looks to be getting at the end of the the wedge. We could see it reaching at the lowest of the yellow support line, but the ascending trend line could be a decent buy in. 7000 being a good short term goal with it coming back to its trend line to top up with some more of that ADA. Ofcourse I am far from a professional but if it follows what Ive predict feel...
Trend patterns show through the flag that it has dropped below current trends. Expect to see a jump up to the trend pattern based on RSI indicator once it hits below the indicated mark. Good time to buy and set sell values at trend line