SpectreX

SpectreX

The EMA 50 & EMA 200 have begun their intersection in the current price action for Bitcoin. See the light-blue boxes that are part of the red double-top boxes. Within the light-blue boxes one can see the "hump" type shape leading up to the intersection of the EMA 50 & EMA 200, with the result being the EMA 50 (that was previously on top) to cross down under the...

SpectreX Updated 

I've continued to work off of my previous chart and present a new pattern. See green boxes as completed hits and yellow boxes as potential hits (prediction). The pink lines indicated a rough drawing of the expected kind of play areas and patterning (but do not take them as 100% literal, they should be used as a general guide). This is a rough draft of my updated...

SpectreX

There's been a lot of sideways action with Ethereum up in the present area. The EMA 50 & EMA 200 have gone from being very far apart only a week ago and are now coming closer together and are becoming more likely to cross or come very close to doing so. Ethereum remains somewhat over the EMA 200, although a return below it will likely mean a return into the...

SpectreX Updated 

I've been working on this latest Bitcoin chart for a few days now. We're still in a continued downtrend. I've pointed out the important areas in which the EMA 50 was a huge factor in determining where price action would eventually fall on previous occasions during this downtrend. See the "EMA 50 Down Drive" orange boxed areas. The cyan and blue diagonal arrows...

SpectreX Updated 

This is an update for my previous chart on Ethereum. See the link for the earlier chart in which Ethereum ended up entering the "Realistic Drop Zone," although my anticipated timing was off, the descending areas have been holding up well. I've kept the indicator lines and extended the time frame. The new "Realistic Drop Zone" has been moved to around $295-350...

SpectreX Updated 

This is a modified version of my previous Bitcoin charts. As those who have been following already know, I have not swayed from my opinion that Bitcoin is in full descent mode, even while the calls for higher pricing kept coming out. Sticking to my guns, this has proven to be an accurate direction of the market. I've been testing an experimental pattern, in which...

SpectreX Updated 

I decided to post a closer view of where Bitcoin is presently at. I've kept all the same indicator lines as before, but now the main view is centered around the action. See the previous charts and hit play for how closely I've been anticipating the descent of Bitcoin. See the cyan box for the current area to keep an eye on Bitcoin and zoom out/scroll down for...

SpectreX

As many have already noticed, Ethereum has been rapidly loosing ground to Bitcoin. It's likely Ethereum suffered an over-inflation and is returning to more stable ground. I expect we will see an ETH/BTC ratio of 0.050 in the near future. With the overall downward trend of the crypto market, Ethereum has not been fairing well and has been descending much more...

SpectreX Updated 

This is the updated chart from yesterday, I added some areas where I think there is potential for a rebound. Important resistance areas going higher: - $9200 - $9300 (unlikely to see again right now). - $8800 - $8900 Important resistance areas going lower: - $8250 - $7250 - $7350 Drop areas to watch for: - $6000 - $6200 - $5400 - $5900 - $4800 and below....

SpectreX Updated 

This is an experimental prediction of where I think Bitcoin may be headed over the next week. I still hold to the areas that we will be reaching noted in my precious chart, but I believe this is a better look at a potential time frame. I apologize for the size and complexity of the visuals, but this is experimental. Just a heads up as well, if we do see such...

SpectreX

An updated version of my previous Bitcoin chart. The red dashed lines and solid red indicate areas of importance where Bitcoin may enter after the initial drop zone around $4800. It seems doubtful Bitcoin would push beyond $3000, but anything is possible. I've marked that area a solid red as I believe it to be the strongest of the lower end supports.

SpectreX

This is an experimental idea I had with Litecoin. The final red + blue box area is where I am thinking the most substantial drop occurs based on price lines and indicator lines, as we are still in a downwards market.

SpectreX

I decided to do a similar Ethereum chart to go along with my one for Bitcoin, as it has been working out quite well for monitoring the market. The blue boxes represent the previous important drops and the red box represents the predicted area in which Ethereum will fall into. As can be seen from my last Ethereum chart, my downward trend lines have been good...

SpectreX Updated 

Right now Bitcoin is exhibiting similar signs as earlier scenarios. After a short decline (which just occurred over the last week), stability returned. This stability looks to be temporary however, as if you look at the red boxes I've mapped out, they all have similar patterns and conclude into the long orange boxes just below them. The pattern is the...

SpectreX Updated 

I've updated my Ethereum chart. The red-orange down arrow turned out to be quite accurate, with the price meeting the yellow downtrend line (but only on the 1 and 2 hour, candle-wick only on the 4hr). Here I present with the orange arrows a potential pattern that plays out in the remaining price lines. Ethereum continues to remain under the EMA 200 and also out...

SpectreX Updated 

Since my Ethereum chart of price lines has been quite helpful in keeping track of the falling prices, I thought I would share my Bitcoin version. As you can see, Bitcoin has dropped below the EMA 200 and is falling out of the Bollinger Bands (SMA 20, Std. Dev. 1). Falling out of the bands has never been good and you can see what happened the previous times long...

SpectreX Updated 

Signs Ethereum is falling from orbit: - Currently sitting below the EMA 200 line (purple). - Falling below and out of the MA 20, Std.Dev. 1, Bollinger Bands (which if you look at earlier dates, does not bode well). - Has a history of dips right before partial moons. - Closes between full and new moons with substantial variation in price; I expect it'll close...

SpectreX Updated 

There's been a lot of flattening going on in the crypto charts, with Bitcoin leading the way. Having already surpassed it's own MA, EMA, and BB mid-line 3 times in the noted indicators and patterns, I believe it still has one more low before it breaks out in a post-correction. In my opinion, the current increase is nothing more than a fake-out and it looks like...