Without knowing a single thing about chart patterns, Elliott Waves, or some BS repeated head and shoulders and flags, one can safely conclude that ETHBTC should hit the 0.1 mark VERY soon. Buy 10 ETHs today for $7500 and trade it in for 1 BTC when ETH is 0.1 of BTC in the near future. It's simple as apple pie =)
TLDR: We either are going up, or going down, but before that we might go down if we don’t go up, for sure. Boooyah! Good evening traders, I hope you’ve had a terrific weekend with your loved ones. BTC has taken quite a stumble after getting denied at the 200 day MA. Whenever BTC stumbles like this, I try to take a break to look at the big picture to see where...
What's happening traders, LTC is currently fighting the 100 day MA, a confluence with the .382 retracement from February high. Many traders use fib retracement as support and resistance levels as validated here between the .236 and .382 levels. Looks like it might be done with the .382 retracement though and is looking for a push towards the .5, .618, and .786...
Hello fellow traders, BCC just completed a perfect 1:1 ABC zig zag 4th wave correction down to 0.152, a confluence with the 100 hour MA in red. With this wave’s third wave being 3 times the size of 1, we can expect the fifth wave to terminate at the 5x expansion of wave 1 at 0.183. Currently we have indecision Heikin Ashi candles. We're looking for a green...
Hi friends, BTC looks like a classic triangle consolidation pattern in the fourth wave to get ready for the fifth wave up to to the 11600 resistance. Traditional Elliott waves calls for 5 waves (ABCDE) in a triangle but with crypto, sometimes wave E is omitted due to FOMO so we might not see wave E materialize Confirmation is above 9500. If we head below...
Hello traders, After a long hiatus, XVG is ready to get back into the field. This first wave looks to be like a rising wedge which should be followed by a corrective wave of 61.8% to 78.6% retracement. Take some quick and easy profits here and wait for the monster third wave that follows the second wave. Target: 1000 sats Invalidated below 814. Happy trading...