PatrickHob

PatrickHob Updated 

Bitcoin last correction was badly needed. I don't expect any further down, in fact the 4hr and daily chart are ready to boost BTC all the way to $70k. However we still facing a major corrections once we hit that target... Zooming in at the 30min chart, here what to expect Trade at your own risk

PatrickHob

As you see in the chart we have ADA continuing to consolidate within an Ascending wedge that is similar to Bitcoin. I don't expect a huge upwards for ADA in the near future a max to 1.62 Once the breakouts happen from that wedge downward towards the 1.20 expect a bounce back that may give us the upwards percentage that we are looking for. If things get change,...

PatrickHob

Hbar like many other coins going into some consolidation after a considerable rise in price recently. 0.338 is the support line. Once the consolidation is done within the triangle, expect a 75% upwards towards $0.67 Patience is need it as well. Trade at your own risk....

PatrickHob Updated 

100% upwards projection when the consolidations done within that triangle. I expect RVN to rise up to $0.50 at least.

PatrickHob Updated 

Siacoin just started the wave 5 in the Elliott pattern. This wave is the longest and the more upside in price value. I expect Siacoin to reach the 0.50 by the end of the wave 5, then the correction ABC will begin. Trade at your own risk.

PatrickHob Updated 

Another coin that I was after is the HIVE coin, it's now toasted with RSI at very low and near the end of the consolidations withing that ascending triangle. I expect a huge breakouts to about $1.00 Trade at your own risk.

PatrickHob Updated 

ADA reached 1.55 and in the process now for some little correction to about 1.35 because the daily and the 4hr chart RSI reached 101 lol. Buy the dip...

PatrickHob

I must say, I'm impressed but I didn't have the patience after a long wait to sell my positions and move on, I sold mine early at 0.21. I expect RVN to reach 0.255. Than we will have a sideways trades until we get out of this triangle we in.

PatrickHob Updated 

Briefly fox, ADA will hit the 1.45 before a retracement back to 1.22-1.20 and from there we will have the run upwards and this time with a good momentum from the bulls, we will breakouts of that ascending wedge we are in.

PatrickHob Updated 

We need to cross 0.39236 to have confirmation towards the 0.60 other wise HBAR may goes sideways with possible slide down even to 0.28. If we cross the 0.39 easy reach the 0.60, Giving the momentum we have now, there is a good chance to reach that level, just don't get disappointed if we didn't cross over because as you see the Descending Triangle that we are in,...

PatrickHob Updated 

Please do your own work, it's very important to be careful as we may be entering the wave C of Elliot wave correction. Look at that picture below and compare it with what we have now. Please trade at your own risk.

PatrickHob Updated 

Long wait but it's well worth it! minimum to 0.42 then continuations towards the 0.70

PatrickHob Updated 

Briefly Bitcoin is in the making and forming a huge Ascending Triangle (in Red Dots). We are now in the beginning of that process, Although usually this pattern is very Bullish, but we have a road to march in order to achieve that. As of now, We are at the end of the small third rising wedge to complete, witch is within the medium size ascending triangle( Bullish...

PatrickHob Updated 

Fellow traders, Be prepare for the next move. It appears to me that the completion of the head and shoulders is completing now and we are going to see the last part of this pattern. In my opinion this is really needed for ADA to continue upwards on a solid ground. Also it's a very good opportunity to buy at the bottom and collect your profits later. What to...

PatrickHob Updated 

ADA still holding the bullish uptrend and it's continuing the consolidations process. What you should looking for, ADA needs to cross 1.1670 to continue upwards towards the $1.31, if we cross the $1.31 than ATH might be achieved again and continue from there to even higher level. If and this is a BIG IF we lose the $1.00 price level, than expect a downtrend with a...

PatrickHob

With BTC Bitcoin might follow the ABC Elliot correction, that might affect most coins because the correlation between each others. The best case scenario for ADA is this: The worst case scenario if we follow BTC effect, we will have this: Also this the daily chart: Please trade at your own risk.

PatrickHob Updated 

Hi fellow traders, Don't be fooled with the sudden break we have now, ADA and so Bitcoin are going into that phase of correction. For ADA, we are forming a descending wedge that eventually will lead us down to 1.10- 1.05 support area. The last gap will be filled! Follow the green arrow, it will be adjusted a we go through the process, we should expect to reach the...

PatrickHob

It appears to me that we have finished the wave 5 and we are in wave A correction of ABC Elliot wave. This is the phase were we still have good news and regular investors enter in thinking this is a good entry point, many at this point are in the state of denials that BTC will ever fall. I'll also post within that analysis an image of the daily chart showing that...