RickSmash

RickSmash

Not too worried about the accuracy of the pattern, Stock to flow chart influences bullishness, parabolic advance supports this price structure, Long term trend line showing resistance at ~100k early April. Likely to see a substantial correction at 100k

RickSmash

-Public sentiment for silver prices being too low compared to gold -Currently sitting at 61.8% retracement on long term weekly chart -Physical silver retail demand higher than normal -Solar and EV industries increasing demand for physical silver -Next major support level at 58.3, potentially putting silver in the $30-31 range -Must watch the ellipse for...

RickSmash

"Beautiful Pictures from the Gallery of Phinance", Robert R Prechter Jr. Copyright 2003 Robert R Prechter Jr. Pages 18 & 19 The drawings I've added to this chart are directly pulled from page 19 of the book mentioned. The original charts referenced are the DJIA from 8/24/1921 to 09/03/1929, and the second chart in the comparison is the DJIA from 12/06/1974 to...

RickSmash Updated 

I have had a hard time being confident about technical analysis on Bitcoin for a while, but I think we are near the end of the bear run. Cryptocurrency is here to stay. Bitcoin is the protocol to rule them all. Many developments coming along for Bitcoin.

RickSmash

So much drama with ethereum, I'm just waiting for a major code exploit or political suicide. Ethereum Classic will have its day.

RickSmash Updated 

If the elliott wave correction is over we will see the bull run begin again. It needs to test and break through the first resistance line, while respecting the upward trend. I would like to see the price reach the top of the upward driving channel, but I need to see it at least stay above the bottom line. HODL! Don't get REKT!

RickSmash

I have done extensive research on WTC and have renewed my excitement for the project. It is much more exciting than I previously realized. I think the RSI and MACD need a cool off period before she makes another big break. The ~.0057 price target came from my previous prediction and I am still holding strong on it.

RickSmash Updated 

So many good attributes to this chart. Let's hope it finds the same success VEN had earlier this week, since the charts are so similar.

RickSmash Updated 

So many charts with ascending triangles "in and around" previous highs. XLM could use a quick retracement to power up for mewn. To be clear, I am estimating the future with my positioning of the Fib Retracement tool.

RickSmash

I believe EOS is going to keep steaming ahead because it is a strong project with a lot of support.

RickSmash

We got into my "good" zone and are displaying strength. XLM is getting all kinds of praise (allll kiiiiiiinds - hobbs twins) from the community now. At first I only set the first breakout then I thought it was too conservative. So I extended up to the second breakout. I continued the estimate as far as I think I could prudently go at this time. Fingers crossed!

RickSmash

I can't remember what this coin or token is, but the chart has potential. It's better when they are testing the resistance than when they are riding the trend line, but overall I like it's chances for a breakout at the end of the triangle. A quick test of support below the triangle wouldn't be a death penalty, but the more lines it goes beneath, the less likely a...

RickSmash

I don't really know what else to make of this. I'm open to opinions. What am I missing here? Let me know!

RickSmash

A lot of people are talking about it. It's related to advertising on mobile devices. It looks pretty good now, especially if it stays above the trend line until maybe a quick swing test at the very end of the triangle. If the bottom falls out when it dips under the trend line, cut it.

RickSmash Updated 

To be clear, I did predict the entire upward pattern. Those lines and "Resist", and "Moon" were there since the ascending triangle. At this point it needs a correction because I consider it slightly overextended. Since the ride up was so clean, I expect a clean elliott wave correction too.

RickSmash

Just following trends, and estimating a .618 retrace to previous resistance level. RSI and MACD could use a cool off period to gain more power too.

RickSmash

I really really don't want this to happen but that's the impression I am getting. Reasons why it shouldn't happen: Transaction times have been MUCH faster in the last week. Fees have been MUCH lower in the last week. People should know that Lightning Network is making great developments which will be implemented *soon enough*. Bitcoin is still the most secure...

RickSmash

It's going to go up or down :) I want it to go up, therefore it has a high probability of going down.