PhilHumphreys

PhilHumphreys

I've got a feeling... So, my call for Hex's bottom got a bit messed up as TV decided to re-generate the chart or something. That means my previous charts won't load, but my bottom target box was hit (check the related chart), and we've seen some nice moves since then. With Richard Heart's ETH-Fork Pulse Chain launch looking like it's just around the corner,...

PhilHumphreys Updated 

We are very close to breaking through a minor down trend which could lead to a bullish period, still a ways away from breaking the macro down trend but the 4 hour chart has just flipped bullish in my opinion so I thought it was a decent time to post about it. Obviously, the trend could hold and we could head lower. Either way I'm preparing for a position long,...

PhilHumphreys Updated 

SIDUS is an online multiplayer game set in space, not yet launched. It's taken a beating during the bear market (poor timing on the launch) but if this can retrace back to the first major Fib (0.236), the upside from here is over 1,700% hence it being worth a punt. My first upside target is 40% The 20ema has crossed the 50sma in the last few weeks and the volume...

PhilHumphreys

I know. I know. But I've never used them before and I love a good fib extension projection so I've used that to help validate the idea. Would be a nice 2022 though

PhilHumphreys Updated 

Hello, Been a very long time since I've published a chart, I've been a very busy boy. I'm taking a look into hex this time. Being the single best performing crypto of the last 2 years and off almost everyone's radar it's interesting to see how this crypto (at least for now) seems to remain bullish in a market that is potentially about to enter a long term bear...

PhilHumphreys Updated 

I have been monitoring many alt coins against USDT over the last several weeks, other than ATOMUSDT, this is the first daily long signal TT (Trend Trading) Indicator has given in quite some time. My target is based on elliot wave theory (if we get an impulse up from here my target area would be classed as Wave 3). Stop is simply below the last significant lows. I...

PhilHumphreys Updated 

Back in July I had bullish and bearish targets of 12,000 and 8500 that were finally completed yesterday As the sell pressure has continued today and we've pulled back around 44% this is the last possible scenario for me for bulls to regain control. After a couple of hard months for bulls we may have now finished an ABC equal measure move correction (still some...

PhilHumphreys

Last month I saw a bearish gartley harmonic developing that probably ended closer to a bearish bat harmonic. The long was successful and so far the short has been too (link below) I had seen no potential for failure in this short until 2 days ago when we started to develop a broadening wedge. This analysis is neutral not long until a 4 hour close confirms this...

PhilHumphreys

Disclaimer: OMGUSD could have made a higher low here but I'm aware OMGBTC is currently at all time lows so this is definitely a punt, I don't give financial advise but if you were to ask my opinion, this is a low risk trade, the chance of this working is slim though. Reward very nice if it does work but my position size is extremely small due to this essentially...

PhilHumphreys Updated 

This idea gets invalidated very quickly if we lose the C position and go lower but I think traps are being laid for both bears and bulls with a bearish gartley potentially taking us up to 12200 areas hurting many bears on the way up before euphoric bulls get heavily dumped on all the way down to 8500. As I said, this idea gets invalidated quickly but if we start...

PhilHumphreys

Just a quick idea, see how it plays out. Long term bullish with a pull back (or maybe low retest) first.

PhilHumphreys Updated 

Last night I was debating whether to long or short bitcoin around 11200, at that point it really was a coin flip. Since we have recovered 0.236 of the last swing (B-C) and that level has acted as support on both the 1 hour and 4 hour time frame I'm happy to go long here with caution. I was hoping to see a previous gartley play out ( ), the upside target was hit...

PhilHumphreys Updated 

In my earlier post this week on a potential bearish Gartley , I got the count wrong but my downside target was hit and to my surprise quite well timed - see below: I've recounted so hopefully this time it works but I've also extended my analysis to see if I can pick out some more timing points using extra Fibonacci tools. I love Fibonacci but don't experiment...

PhilHumphreys

Yesterday I posted a bearish Gartley idea but sadly we went beyond the D wave, there is still a harmonic in play but I unless we see more upside, I won't go back there for now. At the moment on the very low time frames, we could be making a potential inverse head and shoulders that could take us back to the $11,200 levels if it plays out. We need symmetrical...

PhilHumphreys Updated 

Short term this is a bearish analysis, long term, I'm rather bullish on Bitcoin BTC from the the $9,500 region but it may be a while before we get there. So far we've completed the first and 2nd wave of what appears to be a bearish gartley forming, ending in the low $13,000 region. This would put a target down to the $9,500 region. My gartley is invalid if we do...

PhilHumphreys Updated 

Presuming the 4.236 extension is the best we're going to get in this BTC parabolic run (bitfinex prices) and we get a repeat of BTC's historical "first move" pull backs in each bull market (around 40% on average), short term we can look for a pullback to around the 1.618 extension (which has acted as resistance and support previously). If this does indeed play...

PhilHumphreys

BQXBTC as a project I'll be honest had better fundamentals last year than it does now especially with smart phones starting to integrate their own branded crypto wallets but the project is still active and that is saying a lot more than long dead projects in crypto that can still climb high. Doge coin anyone? Anyway, as far as low risk entries go, this is one I...

PhilHumphreys

AIONBTC appears to be forming an inverse head and shoulders on the 4 hour chart, a break out from the neckline would see an upside target of around 0.0000677, from it's current price the upside would be around 90% with the ability to place a fairly tight stop below the tip of the right shoulder.