Comment or PM me if anything is confusing. I'm just piggy backing on the TA I learn as I go. Obviously, there's an underlying sense of bullishness about this market. And of course, that sentiment could very well be wrong.
It would appear that these Bart Simpson head patterns are here to stay. So, I think ugly looking Inv HS and CS patterns are going to have to be a given. I'll be keeping both of those facts in mind as I identify future patterns. Right now, I think ZEC is about to head up for pump #2.
TA by request. The parent company Quoine is aiming to unite all exchanges creating one encompassing “world book”, greater liquidity and less variation in prices. It's being compared to Ripple although I think it's intended use differs quite a bit. In a nutshell, QASH is to Quoine what XRP is to Ripple. The buzz is mainly based on the expectation that they will...
Blue overlay is my top pick. There are other scenarios as well. Some involve a middle period of going sideways. That said, geometric fractals exist within an equilateral triangle. An equilateral triangle is half of a square. The top of the triangle/middle of that square has been our major source of resistance (if one were to assume as I do that we've just...
There's just way too much competition for the coin. There is also the issue of decentralization, or the lack thereof. Finally, who the f knows what China's going to decide to do? As far as I can see, they want a nationalized cryptocurrency, and were that to come to fruition, coins like Neo will simply be cannibalized.
We will drop. There are several possible stops here:
One of the top writers, I'll link to it, came out with 7200. That's a number that I've seen play out in my head, so very very reasonable target.
8900 not so much.
So 7800 and 7200 are best contenders here, if this market is not bullish, aka my previous mooning predictions are wrong,...
Price targets are shown in dotted blue lines. Target date ranges are also shown but they should be given a margin of error as they are based on the current trajectory upwards. The angle of that trajectory could change as we progress. The coin will breakout of an inverse HS any minute now. Note that the price ranges are drawn from the expected retrace level to...
ICX is the Korean version of Ethereum. As in 2017, the current bull run has the Korean market paying a premium on coins. Should ICX make it above the major resistance line, shown in solid black, expect a run-away bull run in a very short amount of time.