There is reason to believe Stratis is completing its third wave, according to the 4 hr charts. I'm expecting a pullback to the 2440 support. If this support fails, the pullback will find support around 2350. I expect the fifth wave to begin at one of these supports.
A target above $150 will be needed to break short term resistance, and also to escape the downward channel. Will the coming fork be the catalyst for this move? ETH is looking to be oversold on the daily, so a bullish move could be in the making. Etherium cannot afford to fall back to the bottom of this channel.
I keep seeing people who hunt for patterns in every move made by BTC. Why does every next move have to be a moon or crash? Sometimes the market finds a comfortable sideways channel. BTC has been in one of these channels for a month now. Not much has changed since the middle of April.
This week, we've seen a healthy correction, shaking out some of the weaker hands. As the market recovers, we will continue to see FUD and FOMO swings, but BTC is still following the path to 11k. I'll be looking for higher highs on the daily candles, this week. IMO. Those expecting BTC to fall back to 6k may need to temper their expectations.
BTC was rejected as it approached, both the 10k mark and 200 MA. There is uncertainty in the market, and BTC will need more confident buyers enter, before it can jump this hurdle. This wasn't surprising. In my previous analysis, I figured we were in a sideways...
It's been 12 days since my last idea, where I predicted that BTC would rise from the double bottom to 11k. Market cap continues to grow at a healthy rate. BTC is currently in a sideways consolidation, but looking to return to it's bullish run soon.
My April 21st idea
If volume continues along the same pace, BTC should reach 11k in the near future, finding support around 11,400. This chart might look too simple to some. BTC corrected down to the golden fib line, and bounced back into bull mode. I could draw lines and rays all over the chart, but sometimes simple is better. We can expect the usual dips and surprises that the...
I've been watching BCPT for a few weeks now. I bought in yesterday at .00009850. It continues rise at a steady pace. It retraced from resistance at .00011229. We are now seeing a rise back in that direction. I expect it will push through that resistance and run up to the .00011996 resistance. If it follows the same pattern, I expect, at least a small retracement...
Currently in this trade. VEN is looking strong, and if my wave analysis is correct, heading to a new ATH.
Publishing as a learning tool. Any comments or criticisms are welcome, to help me better understand what I may be getting right or wrong in my analysis.
APPC has run up and now in the C wave of a correction on the 4 hr chart. THe C wave may be finishing up, or may run further down toward the .382 line. Once this C wave is completed, The positive momentum will continue toward previous high. I expect another ABC correction at previous high, before starting another run toward an ATH.