In my opinion this coin is making its way back to the bottom, I would not recommend buying until next season's alt madness. Spikes, if any, will be temporary - avoid or get burnt.
Firstly I'm sure "big" is not the proper jargon, but I'm not a trader so everything here is just personal lay opinion. Ethereum seems to have reached the end of a large 5-wave cycle. What does this mean for ETH and the market as a whole? Certainly not all coins are at the same stage of their cycles. For example LTC is much older and NEO is much younger, so I...
Here are the seven most distinct bubble formations I could find in Bitcoin. Despite obvious similarities I think that it is fair to say all of them are unique. This leads me to make the following point: Examining past bubbles cannot produce exact price predictions for the current situation! Looking at the 2017 bubble, wow what a biggun! Even though it...
Just want to state that this is not the end of the cycle. There will be other S-curve growth cycles for NEO. If you want a comparison look at ETHUSD, which has made a series of S-curves each finishing with a sideways period which NEO will now begin imho. There will be ups and downs in this period and NEO might even make a double top, which is something ETHUSD...
NEM has started it's consolidation cycle after coming down half-way from its last all time high. This is coinciding with a drop in BTCUSD after present "bull trap". I do not think this is really a bull trap just a wave 1 of a much larger impulse wave. Anyway looking back to NEM's last complete cycle, we see a very similar fractal pattern which corresponds almost...
For the record I think Dec 2017 was Stage I.
After striving so long and hard to get there will you know the top when you see it? December was false high brought on by anticipation. When will we see real high. Umm gonna get so high 2019. Just get off the train, because then Ponzi's over kids.
RSI: ambiguous. Same level as previous decision points. Same pattern. It is obvious a crucial decision will be made soon. Breakout or bear market. Moving averages: ambiguous. Need to converge to go up. Divergence indicates down. Right now they are parallel!
This assessment applies if we get the kind of growth we saw in May, June, July last year. This could see a return to the all time high by April
Hi, this based on a video by an analyst I like called Alessio Rastani. Basically Bitcoin is currently caught between a rock and a hard place, that is a strong resistance and a strong support. This is the reason why both bulls and bears have been disappointed with the rate of progress. Either way it's crunch time and Bitcoin must make a decision. If we fail to...
Looks like we just topped out on BTCUSD. Buy back levels are 0.236 and 0.382, for me on Kraken that's 10250 and 9400. It might be we visit both levels or just the first, either way btfb! Look to your other coins too.
Once again BCH vs. BTC approaches the trend line. Last time this happened at this point during the cycle, it fell through and landed on a lower channel. During this period BTC had just undergone a major correction. BCH's loss of support coincided with the start of a BTC bull run. Well BTC has just undergone a major correction and has possibly just finished wave 1...
So I know you all think it's moon time 300 USD and chocolate lambos, but I don't think LTC is going on much more. It might make it to 300 but my guess is more like 260 - 270 max, but that's not really what this post is about. In the greater context I think some interesting things are afoot right now, but the market still takes it's cues from Bitcoin and when BTC...
It looks like Tron has found good support at the 400 satoshi level. This has been tested at least three times and I suspect that the price will now consolidate on and around this level for some time. In my experience these kinds of alts display strong hype patterns followed by a blow off and periods of quiet consolidation. This reminds me a lot like xlm last year...
Compare the color coded features of the fractal patterns here and see that we are now at the start of a new bull run for BCH against the dollar. We have support on the 20 MA and the moving averages are already curving up to form a bullish cross at the resistance cloud. Target is 4100 USD, but we may break out higher, as we are starting higher with that extreme...